I have been dealing with transouth for about ten years now. I went to a dealership to buy a car and thought that there was in house financing. A few months later I get this payment book from transouth. I signed contracts that reflected a 12.5% interest rate and found out years later that my interest rate had jumped to a noise bleeding 26%. My payments are $297.00 a month and they add charges, insurance, penaties and anything else they want whenever they want. Customer service is awful! They never answer your questions. They are rude. They are rip off artists. I asked them why wasn’t my balance going down and the lady on the other end could not even answer the question. When I asked about my interest rate, the lady on the other end did not even want to tell me. HELP! If there is anything that I can do to help put these people out of business please let me know. If there is a law suit against them and you need people to join in just let me know I will do it. If I need to report them to another agency, let me know. Whatever I can do to keep these con artists away from innocent struggling consumers please just let me know. Joe 37915, TennesseeU.S.A.
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