Sandra M.
This company needs to be shut down
This company needs to be shut down. They buy automobile contracts from dealers that are crooks and that take advantage of people that are just trying to repair their credit but wind up paying more than double for a used vehicle. They say they use simple interest, which in layman's terms mean that they are charging interest comparable to a payday loan. I purchased a vehicle in Nov. 2018 from a dealer that advertised "Buy Here Pay Here". CPS bought the contract from them and they made extra money. I didn't even have the car 30 days and the engine went out and when the replacement engine went out I wound up spending $3500.00 for another engine. I notified CPS of this because I had to defer 2 payments because of the car being inoperable from November until late January and now CPS has been charging interest on those payments and collecting over a thousand dollars in test from me when the car should be almost paid for in January. I will never refer anyone to this company I most certainly will not deal with them again, ever! I hope any and everyone that reads this will spread the word. Do not deal with CPS