Check State laws first
My experience with Yendo is really odd. They after 30 days and a missed payment have begun sending me threats to act upon a security instrument that the UCC gives them the right to act upon. THIS IS A LIE.
In the state of New Mexico no unsecured credit card can act upon an outstanding balance without a judgement from the court that specifically assigns a lien to a house. The fixtures in one’s house may not be used in any case , and certainly without a document the clearly lists the items and the real estate involved , without a notarized filed document that shows signatures of the borrower and lender.
I was never asked to sign any document that attaches my house to an unsecured credit card for $1000 limit. I happened to have missed ONE PAYMENT because my husband needed medical equipment for the house when he went in to HOSPICE care here at home. Clearly an emergency situation. After checking the laws in NM every homeowner is protected from debt by the Homestead exception , this means a single home owners home is protected from any debts being attached to the house other than a deed of trust with the required documentation and notarized signatures the first $160,000 is protected and a couple has $300,000 in homestead protections.
Now I’ve only had the account for a couple of months . The first payment I doubled the amount , and paid it no problem. The emergency hit and the last payment I had to miss which puts me at payment 3 in a couple of days. However I don’t like recieving daily phone calls after I have written to them telling them my situation and now I’m getting texts telling me they will enforce their UCC legal security’s document. The problem is they have no such legally enforceable document. An addition two pages added on to a regular credit card terms document which doesn’t mention any home owner details. But goes into details about a car title which doesn’t apply to my account either.
I’m upset right now at pressure tactics. I intend to ask an attorney if I even have to pay st all given their clearly unlawful methods to assume they have a right to tell a homeowner they cannot sell the fixtures of my home, without any signature, nor details of any such fixtures and exactly they think my fixtures include and most importantly without a judgement that specifies a lien of any kind may be attached to my title.
Perhaps this company should infact look into each states homeowner rights and protections . And exactly how long a company may take in order to start collection attempts.
Had they just read my contact in writing I think they would have had better cooperation in just waiting a couple of weeks because I had an emergency regarding my husband with Glioblastoma stage 4. I’m thinking I may have a legal right to damages and the debt removed for the harassment and predatory tactics. You claim to be different than other people who offer credit cards but all of this at 29% interest I doubt will cotton any favor with the county judges. And pressuring someone who has told them I had an emergency which can be VERIFIED will just add to the evidence in my favor if they wish to pursue a case against me rather than wait until I get paid in a week.
If offered a credit card make sure that you do not send in any documents after the fact unless you check the laws of your state. Repossession of a car for a loan that is a fraction of the value might be unlawful where they can place a lien until YOU SELL IT , might be how your state defines a credit card that is using car title demands that the terms are not defined and initialed and signed with a notarized document, might apply . And don’t send your title until you have seen the account number of the card and as per their terms you get half while you wait for the remainder once they get your car title which is what their website says .
Sorry Yendo but rather than have a good customer you have threatened someone who happens to know their rights and yours regarding real estate , and anything filed against my house would be fraudulent since I’ve sent nothing nor signed anything and had it notarized.
Real Estate laws vary by location , but I’m happy to say NM does have laws that favor homeowners. What bothers me if the many reviews of people having vehicles worth thousands and only obtaining a tiny amount. And a title document sent in good faith only to have issues obtaining the documents back, and I’ve yet to read about anyone seeing a lein holders name placed on the title and the ownership papers returned . A regular car loan you hold the title and cannot sell it without their signature, but with a car title loan company it certainly seems like they should have better procedures for handling and holding your document. You might try bringing all of your pay off proof to DMV showing you no longer have any obligation and apply for a replacement title. Adding amounts and fees other than the original amounts disclosed prior to the completion of the deal sounds predatory . If this company is attempting to use scare tactics against a customer who they hold no documents on, I cannot imagine allowing them to hold a title. Their mismanagement and delays could mean liability on them if it’s causing you to be unable to sell or trade in a vehicle that the loan was paid off. Also re read your documents, if their holding facility stole items you might have a couple of people to sue. If a company breaches their agreement , sometimes it can void the entire agreement . Not saying this applies, but these are things I would be researching. Talk to your DMV regarding paid off loans and refusal to return your title.
In the state of New Mexico no unsecured credit card can act upon an outstanding balance without a judgement from the court that specifically assigns a lien to a house. The fixtures in one’s house may not be used in any case , and certainly without a document the clearly lists the items and the real estate involved , without a notarized filed document that shows signatures of the borrower and lender.
I was never asked to sign any document that attaches my house to an unsecured credit card for $1000 limit. I happened to have missed ONE PAYMENT because my husband needed medical equipment for the house when he went in to HOSPICE care here at home. Clearly an emergency situation. After checking the laws in NM every homeowner is protected from debt by the Homestead exception , this means a single home owners home is protected from any debts being attached to the house other than a deed of trust with the required documentation and notarized signatures the first $160,000 is protected and a couple has $300,000 in homestead protections.
Now I’ve only had the account for a couple of months . The first payment I doubled the amount , and paid it no problem. The emergency hit and the last payment I had to miss which puts me at payment 3 in a couple of days. However I don’t like recieving daily phone calls after I have written to them telling them my situation and now I’m getting texts telling me they will enforce their UCC legal security’s document. The problem is they have no such legally enforceable document. An addition two pages added on to a regular credit card terms document which doesn’t mention any home owner details. But goes into details about a car title which doesn’t apply to my account either.
I’m upset right now at pressure tactics. I intend to ask an attorney if I even have to pay st all given their clearly unlawful methods to assume they have a right to tell a homeowner they cannot sell the fixtures of my home, without any signature, nor details of any such fixtures and exactly they think my fixtures include and most importantly without a judgement that specifies a lien of any kind may be attached to my title.
Perhaps this company should infact look into each states homeowner rights and protections . And exactly how long a company may take in order to start collection attempts.
Had they just read my contact in writing I think they would have had better cooperation in just waiting a couple of weeks because I had an emergency regarding my husband with Glioblastoma stage 4. I’m thinking I may have a legal right to damages and the debt removed for the harassment and predatory tactics. You claim to be different than other people who offer credit cards but all of this at 29% interest I doubt will cotton any favor with the county judges. And pressuring someone who has told them I had an emergency which can be VERIFIED will just add to the evidence in my favor if they wish to pursue a case against me rather than wait until I get paid in a week.
If offered a credit card make sure that you do not send in any documents after the fact unless you check the laws of your state. Repossession of a car for a loan that is a fraction of the value might be unlawful where they can place a lien until YOU SELL IT , might be how your state defines a credit card that is using car title demands that the terms are not defined and initialed and signed with a notarized document, might apply . And don’t send your title until you have seen the account number of the card and as per their terms you get half while you wait for the remainder once they get your car title which is what their website says .
Sorry Yendo but rather than have a good customer you have threatened someone who happens to know their rights and yours regarding real estate , and anything filed against my house would be fraudulent since I’ve sent nothing nor signed anything and had it notarized.
Real Estate laws vary by location , but I’m happy to say NM does have laws that favor homeowners. What bothers me if the many reviews of people having vehicles worth thousands and only obtaining a tiny amount. And a title document sent in good faith only to have issues obtaining the documents back, and I’ve yet to read about anyone seeing a lein holders name placed on the title and the ownership papers returned . A regular car loan you hold the title and cannot sell it without their signature, but with a car title loan company it certainly seems like they should have better procedures for handling and holding your document. You might try bringing all of your pay off proof to DMV showing you no longer have any obligation and apply for a replacement title. Adding amounts and fees other than the original amounts disclosed prior to the completion of the deal sounds predatory . If this company is attempting to use scare tactics against a customer who they hold no documents on, I cannot imagine allowing them to hold a title. Their mismanagement and delays could mean liability on them if it’s causing you to be unable to sell or trade in a vehicle that the loan was paid off. Also re read your documents, if their holding facility stole items you might have a couple of people to sue. If a company breaches their agreement , sometimes it can void the entire agreement . Not saying this applies, but these are things I would be researching. Talk to your DMV regarding paid off loans and refusal to return your title.
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Lifesaver
Been on the bad luck streak lately and Yendo couldn’t have popped up in my face at a better time. Although I had to wait for the title process it’s worth it. 100%
So far so good
I don’t know about the negative some are so crazy 1 I read said they had not paid in 4 months and got it repod what did they think would happen?
And that was the least crazy
And that was the least crazy
Rating
The app is easy to follow and explains what i need to know.
Very disappointing
Very disappointing experience with Yendo.
I moved forward with the application after receiving a prequalification offer around $6,000 and hearing repeated statements that the approval was primarily based on the vehicle and did not involve credit checks. My vehicle is worth over $10,000, owned free and clear, in great condition, and all of the information I submitted was accurate from the beginning.
After completing the process, correcting a minor plate entry issue, and speaking with supervisors, the final offer was reduced to only $450 at nearly 30% APR while still requiring a lien on my vehicle title.
What made the experience worse was that no one could clearly explain why the amount changed so drastically. I was later told factors like “creditworthiness” and “ability to repay” were considered, which felt inconsistent with how the product was presented during the application process.
In my opinion, the prequalification process was very misleading compared to the final offer. I ultimately declined because putting a lien on a vehicle worth over $10,000 for a $450 line simply did not make sense for me.
I moved forward with the application after receiving a prequalification offer around $6,000 and hearing repeated statements that the approval was primarily based on the vehicle and did not involve credit checks. My vehicle is worth over $10,000, owned free and clear, in great condition, and all of the information I submitted was accurate from the beginning.
After completing the process, correcting a minor plate entry issue, and speaking with supervisors, the final offer was reduced to only $450 at nearly 30% APR while still requiring a lien on my vehicle title.
What made the experience worse was that no one could clearly explain why the amount changed so drastically. I was later told factors like “creditworthiness” and “ability to repay” were considered, which felt inconsistent with how the product was presented during the application process.
In my opinion, the prequalification process was very misleading compared to the final offer. I ultimately declined because putting a lien on a vehicle worth over $10,000 for a $450 line simply did not make sense for me.
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Please Read before you download this app
Crooks who pray off your downfall and helplessness. They have erased this 3 times now but I’ll keep posting. Long story short I was hospitalized for a newly diagnosed disease that hospitalized me for a few weeks leaving me to fall behind on 2 months payments. When I called to send documents on my situation and work out a payment plan I was told my car got repoed and I needed to pay $300 to get it back as I was only behind in payments under $200. They only gave me a few days to get the money and I was one day past their deadline so when I called to pay they told me I needed to pay over $1300 now and they couldn’t do anything to help me out or fix it. 2 weeks later when I called to pay it was now suddenly over $3000 then I had to pay fees on top of that to get my vehicle back or it was going to be taken to auction and I’d get the difference after all that was paid back from the balance. A week later my vehicle worth $30000 and all my only asset was 2 states over and sold for $14000. It wasn’t quite a year old. After a lost check which added another month to the wait cause they refused to reissue me another until 30 days passed they used the same carrier to send me the difference of my asset $12000 that took 8 months in total to receive and I was without transaction when I needed it the most. You decide now to use them but just keep in mind life happens and is it worth the risk when the company won’t work with you and profits off your downfall you had no control over. I was already a customer with them for a year. I had paid off my max credit with them of 2000 completely just months before this. They took advantage of me to profit. They didn’t care! Don’t show any sympathy or grace for the situation and when I had the money to pay they added more both times making this unobtainable and impossible for me to pay causing me hardship and great loss. Just sad and unbelievable when in reality I owed under $300.00.
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Groundhogs day
Really cool app if you are interested in getting practice at putting your info in. Type it in, makes you an offer, press “ get card” and start all over. You will never advance. Im kinda nervous I put my SS number in 12 times. Give it a try for yourself!!! Makes you want to smash your phone.
Lying Theives
I’d give negative stars if I could. They give you a week to send your title in to receive the full loan amount and a physical card. I mailed my title the very next day and the confirmed they got it 3 days later.
2 months later I still have no physical card or full loan amount.
Contact states “Upon payoff and request to close your account, we will release the lien and return your title.” I payed off, called to close, and was told, “It’ll take a week for your payoff to process and a confirmation email will be sent, after that, 3 weeks for us to do the paperwork to release the lien, then we will mail the title to DMV and you’ll get it back 5 weeks after they receive it. And any fees acquired will be charged to your account which you will be responsible for before receiving your title.” Then they immediately blocked my account so I don’t have access to it anymore.
2 months later I still have no physical card or full loan amount.
Contact states “Upon payoff and request to close your account, we will release the lien and return your title.” I payed off, called to close, and was told, “It’ll take a week for your payoff to process and a confirmation email will be sent, after that, 3 weeks for us to do the paperwork to release the lien, then we will mail the title to DMV and you’ll get it back 5 weeks after they receive it. And any fees acquired will be charged to your account which you will be responsible for before receiving your title.” Then they immediately blocked my account so I don’t have access to it anymore.
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ABSOLUTELY DONT DO IT
WARNING!!!!!!!!!!!!!! Do not do it.
Don’t do it
This is one of those cards you will NEVER get out of debt with unless you literally pay off the entire balance in full every time or just give them your car! I have been paying it down and not using it but because the interest rate is so ridiculous, it goes right back to what I owe every damn month so I’m paying nothing but a cycle of hell and throwing money away. I wish I would have never done this. It was a nice option to have when I had to be out of work while my dad was dying but it’s just put me in a place where I’m now in a depressed state that I can’t get out of. DONT DO IT!! Just figure something else out.
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Lies
Don’t do it. They’ll send your blood pressure up. Seems all good at first. Wait until they get your title. You’ve been warned
HORRIBLE DON’T DO IT
They repo your car SO FAST WHEN YOURE NOT THAT FAR BEHIND! $300 behind it’s gonna be $1000+ to get your car back!!! And it does NOT go towards the balance. It’s for “repossession cost” Not to mention!!!! THE PLACE THEY SENT IT TO STOLE MY $300 beat headphones and neither Yendo or AMTREV Recovery are doing anything to reimburse or even look for them. A police report has been made and I will be taking this as far as it can go!!
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Horrible
If I could give zero stars I would. Horrible customer service.
Unusually low credit limit
I got an unusually low credit limit using my home’s fixtures as collateral??? Why so low.
Run!!!
Please if you are in a desperate situation I repeat do not use this company. They lost my original title through transit and didn’t assist in trying to find it, they are not empathetic at all (they say they are), I reported a claim that was fraud and provided more than enough evidence and they still made me pay for it, if you are 2 months behind with your monthly payment they will REPOSSESS YOUR VEHICLE!
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Made it Right
After a week of maddening technical issues with the app, they followed through with the funds. Unfortunately, I had to scream loudly to be heard. It took multiple phone calls and messages to get action. But in the end, I got the cash, and it’s easy to use.
Yendo
Outstanding business model
Horrible People
I attempted suicide at a Motel 6 in San Diego, 2000 miles from home after these worms stole my car in the middle of the night with all my possessions. I hope you all die.
No card
Have not received card yet
Don’t do it
Wow what a mistake I made. My car was with 7000 on Kelly bb Yendo offered me 1900 .i really needed the funds. I’ve been making a minimum payment every month and by the time that payment is due my balance is negative because I get 2 interest charges every month. At this pace I would never pay it off.48 dollars every month Yendo charges plus other weird charges.
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