Consumer complaint received 2024-06-12
Product: Vehicle loan or lease — Loan
Issue: Repossession — Deficiency balance after repossession
Company: Consumer Portfolio Services, Inc. (OH)

My Statements, Merits and Proof of Evidence documentations, thus other consumer testimonies. There are over XXXX consumers from XXXX, Ohio. XXXX stating the exact same thing. 
I can not believe the XXXX XXXX XXXX XXXX has NOT put an immediate stop to these HORRIBLE consumer crimes such as Extended Auto Warranty Fraud, Misrepresentations, Failure to Disclose, Violations of the Truth in Lending Acts. 
The FTCs Bureau of Consumer Protection is supposed to stop unfair, deceptive and fraudulent business practices by collecting reports from consumers and conducting investigations, suing companies and people that break the law, developing rules to maintain a fair marketplace, and educating consumers and businesses about their rights and responsibilities Truth in Lending Acts requires car dealers to give me all of my auto deal paperwork including any specified financial terms of my car loan in writing for you to see and receive at the time of purchase. 
These laws mention above is to forbid all auto dealerships from keeping me ( the Consumer ) in the dark. Horrible bad business acts as your read on into my disputes is what causes me a consumer life and credit to be unfairly ruined by these bad auto dealer criminals. Shame on you people!! 
I am trying really hard to rebuild my credit. 
Look at what these kinds of businesses like XXXX XXXX, are doing to consumers that is hurting us consumers & our US Economy! ILLEGAL SCAMS XXXX XXXX XXXX should have been closed by your agencies years ago. 
Under CARS Rule laws. I can not believe you people are getting paycheck sitting back allowing these companies that you are aware of to continuing to ripp off US Consumers. I have sent a copy of this official complaint to FEDERAL Office of General Counsel, requesting civil litigations be brought against XXXX, all 3 national credit Bureaus and the Consumer Protection Agency for failure to protect consumers.

Consumer Protection Agency, has failed to protect me an elderly/disable and hard-working consumer from getting ripped off from bad auto dealers while I as a consumer has been working really hard to rebuild me credit. Consumer Protection Agency knows these bad scamming buys here pay here dealers are still operating to illegally bleed consumers dry. then XXXX knows this is bad business behavior and then prints the bad auto dealers lies on your credit reports as well as XXXX posting their own lies to financially ruin you as a consumer. 
All 3 National Credit Bureaus are participating in the Bad auto dealers abuse, failing to contact the consumer before allowing the bad fake repos to be listed on your credit reports. 
All parties mentioned is well aware of knowing all the reporting that bad auto dealing crooks from the bad buy here pay here dealerships should indeed be investigated before allowing XXXX to place the repo scamming lies on your reports that can SERIOUSLY cause a consumer to become homeless and never be able to get anything else in their name. 
Its not fair to post these kinds of things first on consumers reports not being aware first that the consumer has initially been ripped off, abused, and being told AUTO misrepresented LIES in bad auto dealers non-honoring ( fake ) services and products after not knowing up front about the horrible behaviors and unethical things companies do to take money from a hard-working person. 
When buying a car, Auto warranty scams are not up front, you are not aware of the auto warranty scams and the crooked paperwork dealings until you have signed and the dealers has pulled a fast one over on you and you the consumer is not expecting this kind of business venture scam before you as a consumer sign your financial life away. Buying a car is a serious high costing purchase that is supposed to benefit and protect us hard working people, not ruin consumer lives. 
Companies such as XXXX XXXX Consumer Portfolio XXXX companies are doing bad cars sales business, a horrible nightmare when it should be a fun and exciting business for the consumer. XXXX, all 3 national credit Bureaus and the Consumer Protection Agency are certainly aware of both bad unethical businesses knowing that these unethical businesses indeed should be closed. 
Consumer Protection Agency indeed should be charged for compliance due to failure to warned consumers about these awful auto companies so us consumers do not go near the doors of these bad, Illegal acts called buy here, pay here auto financing FRAUDULENT crimes.

Auto dealer companies such as LLCs & Consumer Portfolio Finance committing bad business acts ruins the USA consumers/ US Economy. Im a victim of Auto Warranty Fraud+. FTC needs to intervein and put a stop to these horrible bad auto dealership acts. 
PLEASE investigate my claims and evidence. I have MASSIVE merits! 
As of XX/XX/2024. I see FTC online Story, FTC Action Leads to Industry Bans for Operators of Extended Vehicle Warranty Scam. This LINK, XXXX XXXX XXXX 
How is it after the FTC Action Leads to Industry Bans for Operators of Extended Vehicle Warranty Scam article that was posted on the consumer protection XXXX website all of us XXXX XXXX ( XXXX ) a disable elderly consumer gets ripped off ; credit illegally gets ruined with fake XXXX AUTO scams that turns into bad illegally Federal unfair credit acts that are against our Consumer laws then can be unfairly listed as repo postings on my national credit reports? 
How can CPA/FTC agencies allow these kinds of illegal and bad AUTO business practices happen to us hard working trying to start over consumers and FTC is legally supposed to protect us consumers from these kinds of AUTO bad businesses. Consumer protection agency/FTC is responsible for US Consumers like me. A disable elderly consumer should have been PROTECTED by FTC/ Consumer Protection agency doing TV publicized Ads worldwide allowing us consumers to hear about these awful fake Auto at the time of auto purchase warranty issues.

If Consumer protection agency/FTC had been televising which would have been warning consumers with local TV commercials to let us consumers know and to watch out for these kinds of bad auto dealers knowing Consumer protection agency/FTC has budgets to do so, then your agencies would be protecting us consumers. Which Consumer protection agency/FTC did not do. There should be no Buyer beware in auto dealing salesAll should indeed be honest and fair if not close their businesses so us hard working citizens that really needs a car and can work hard to pay for the car can be safe and protected. 
I the consumer am spending a lot of money for a lifetime necessity that is seriously needed. therefore, these kinds of bad businesses should not be allowed to operate in our U.S. economy at all. Once caught breaking auto dealerships laws door should automatically closed and company should not be allowed to cheat consumers ever again. How hard and fair is that! Its totally fair it protects us consumers. 
As of XX/XX/2024. Like I said, I see the FTC online Story, FTC Action Leads to Industry Bans for Operators of Extended Vehicle Warranty Scam? Consumer Protection Agency TOO LATE for this notification! I find out about this 2024-year? FTC online Story on your Consumer Protection Agencys website that consumers don't have to buy a car with the warranty if consumers choose not to buy extended warranty? 
FTC/CPA is completely liable for us consumers getting ripped off and having our credit illegally ruin by these bad illegally auto dealerships crooks should be arrested and auto bad business should have been closed. Consumers do these kinds of bad dealings they go to jail. Same should go for bad auto dealerships that do not do fair business dealing with consumers. Let us keep in mind we are hard working struggling consumers, who in the XXXX can afford to pay a lawyer to look at these scams before you can feel safe to buy a car when you should be able to trust in business ethics? 
I, XXXX XXXX XXXX XXXX as a consumer that has been thru bankruptcy was told I would be participating in one of XXXX so-called auto fresh start programs. I was not protected by the CPA or the XXXX Both companies, CPAXXXX has marketing budgets. by US Consumers law both FTCXXXX should be running commercial ads that alerts consumers about these kinds of auto deals. 
If XXXXFTC/Consumer Protection agencies had taken full responsibilities of their fair credit act laws to protect us U.S. Consumers, Consumers would not participate in any false fresh starts programs/or would go to any buy here pay here auto dealerships. Consumers go to these companies thinking that we are getting honest car deal with so called help to re- build our credit yet and still these bad buy here pay here auto dealers run us right back into a financial disaster.