I purchased a Chevy HHR for $8000.00 and financed the vehicle through CIG financial in August of 2012. I made 19 payments @ $261.00 = $4959.00. My ex-husband took over the car & payments as his name was on it and he could afford it. However, he made no payments. Sometime in 2015, I started receiving harassing calls from CIG, which threatened me with criminal action and incarceration for theft, although I was not in possession of the vehicle. The balance CIG claimed was owed on the vehicle was $5,292.00. They claimed that I had to pay not only the balance owed, but legal fees since they stated they had initiated legal activities against me and/or my ex-husband. They demanded $500 up front, and monthly payments of $257.00. Although I am a single mom, with a child whose medical bills for 2015-2016 totaled $85,000, I took possession of the vehicle, paid the initial $500. I made 7 payments @ $257.00 = $1799.00. In March, 2016, I received a letter from CIG, offering to settle the account for a lesser amount, at lower payments. I immediately contacted them.
The representative I had been working with, Mr. Andy Poblano, tried to threaten and intimidate me into continuing with the original agreement. However, since CIG had offered me this agreement, I stuck to my guns and we changed the contract, so that my monthly amount was now $167.06. Although the payment was lowered, the amount owed was not reworked as promised. I made two payments @ $167.06 = $344.12, bringing my total payments to $2,643.12 + 4959.00 = $7602.00. In May of 2016, the vehicle was totaled in an accident. My insurance company, Infinity paid CIG financial $2,622.00 to settle for the vehicle. This makes the total paid out for the vehicle $10,224.00 I have since received letters from CIG Financial threatening me with legal action and claiming that I owe a balance of $2800.00.
They have destroyed my credit, as they refuse to show that any payments have been made on the vehicle, and are showing it as a repossession (it was never physically repossessed). They said that even if I paid it off, it would remain so. They have further made three unauthorized hard credit inquiries to my credit report, two within a week of each other. I am frustrated and at the end of my rope; I do not know what else to do. I have been nothing but cooperative with this company. The payments I made after recovering the vehicle from my ex-husband were made as agreed; none were ever late. This situation has caused me is overwhelming anxiety; I can't afford the $2800.00 and I have no idea what I need to do to put a stop to this.
They have repossess my car twice and even tried for a third time.. The last time they did i send in the notice requesting for the extra 10 days to get my car back even call them to let them know that i send the notice to them certified mail. Well they sold the car right out from under me. I was to have until aug 30 to get my car but they sold it aug 26 four days early the car was almost paid off. Dont ever deal with this company .
CIG Financial Reviews
I purchased a Chevy HHR for $8000.00 and financed the vehicle through CIG financial in August of 2012. I made 19 payments @ $261.00 = $4959.00. My ex-husband took over the car & payments as his name was on it and he could afford it. However, he made no payments. Sometime in 2015, I started receiving harassing calls from CIG, which threatened me with criminal action and incarceration for theft, although I was not in possession of the vehicle. The balance CIG claimed was owed on the vehicle was $5,292.00. They claimed that I had to pay not only the balance owed, but legal fees since they stated they had initiated legal activities against me and/or my ex-husband. They demanded $500 up front, and monthly payments of $257.00. Although I am a single mom, with a child whose medical bills for 2015-2016 totaled $85,000, I took possession of the vehicle, paid the initial $500. I made 7 payments @ $257.00 = $1799.00. In March, 2016, I received a letter from CIG, offering to settle the account for a lesser amount, at lower payments. I immediately contacted them.
The representative I had been working with, Mr. Andy Poblano, tried to threaten and intimidate me into continuing with the original agreement. However, since CIG had offered me this agreement, I stuck to my guns and we changed the contract, so that my monthly amount was now $167.06. Although the payment was lowered, the amount owed was not reworked as promised. I made two payments @ $167.06 = $344.12, bringing my total payments to $2,643.12 + 4959.00 = $7602.00. In May of 2016, the vehicle was totaled in an accident. My insurance company, Infinity paid CIG financial $2,622.00 to settle for the vehicle. This makes the total paid out for the vehicle $10,224.00 I have since received letters from CIG Financial threatening me with legal action and claiming that I owe a balance of $2800.00.
They have destroyed my credit, as they refuse to show that any payments have been made on the vehicle, and are showing it as a repossession (it was never physically repossessed). They said that even if I paid it off, it would remain so. They have further made three unauthorized hard credit inquiries to my credit report, two within a week of each other. I am frustrated and at the end of my rope; I do not know what else to do. I have been nothing but cooperative with this company. The payments I made after recovering the vehicle from my ex-husband were made as agreed; none were ever late. This situation has caused me is overwhelming anxiety; I can't afford the $2800.00 and I have no idea what I need to do to put a stop to this.
They have repossess my car twice and even tried for a third time.. The last time they did i send in the notice requesting for the extra 10 days to get my car back even call them to let them know that i send the notice to them certified mail. Well they sold the car right out from under me. I was to have until aug 30 to get my car but they sold it aug 26 four days early the car was almost paid off. Dont ever deal with this company .