Unintentional legal irony is our favorite.

Eric Teusink posted on April 28. 2009 20:56

I think they are getting what they deserve. They blew in thinking they were gonna put the "Mom & Pops" out of business and bought out all kinds of bad loans and it bit them. I do feel bad for most of the employees. Sure would hate to have to wonder if I was getting paid on April 29th.

Too Bad posted on April 29. 2009 21:49

It would not bother me one bit if the door close because TitleMax is a rip off. I have never used their services; however, I know someone directly employed by the company and it is ridiculous at how they fool people into getting these loans. I am only sorry that the employees, the innocent, will be without work. I feel that the company should be made to compensate the employees before the doors are closed. Moreover, I know that the "Big Wigs" knew that this compnay was at risk of folding long before now. This was obvious when Check Max closed the doors last year. All I have to say is that you reap what you sew. The "Big Wigs" should remember to sew good seeds from now on and stop trying to swindle the poor out of their money and belongings in the name of helping them.

Some one who cares... posted on April 30. 2009 00:07

Tracey Young cared about just buying real estate and not the bottom line of the company. He filed for bankruptcy so they would touch his real estate. My husband used to work under one of the top guys there and he got enough of the crap and walked out one day. We are so happy he is not there. Titlemax's own bank won't even cash checks for them. We got that info from a current employee. So many employees in Savannah are calling my husband asking for a job. I feel sorry for them. Tracey owns several personal homes in Savannah and lives in our neighborhood. He did this to protect himself personally, nobody else. Titlemax is certainly a company who doesn't care about it's employees.

Brandi King posted on April 30. 2009 08:49

They should check out my new store.

Titlemax Max: where your run down titlemax store is your credit.

Joey posted on April 30. 2009 18:11

Title Max had a large loan with Merryl Lynch at a very low rate. Bank of America bought Merryl and wants to charge a ridiculous rate for the same loan. Title Max filed Chapter 11 to say screw you to Bank of America, reorganize and come out self financing which was their long term plan. Title Max doesn't not care about their employees, at least not as far as pay goes. Branch Managers make a lot compared to other like jobs, I know one who will make 96K this year, district managers are in the 6 figures and regional managers make over 200K. No degree required just hard work and job performance. I personally know people who started making 12hr as a csr who shined and were promoted in 3 months to manager and now make 60K. No I'm not a corporate employee of Title Max

Don't Worry Bout It posted on April 30. 2009 18:45

I hate that titlemax might be closing but i wish they would at least notify the employees ahead of time giving them time to find another job in this ruff ecomony.

tosha posted on April 30. 2009 19:13

I am an employee of titlemax, and yes they do pay well based on performance, dedication and hard work. Titlemax is not a ripoff. Titlemax does not lure people in to pawn their titles. They come at their own free will. Titlemax is an alternative way for customers to get the money they need without credit checks. In todays economy over 60% of americans have bad credit and cant get loans. And thats what we do offer another way to get the money you need for those difficult times based off the value of your vehicle. All terms are stated in black and white. There is NO fine print. In my office everything is explained clearly so that the customers understands and can afford to pay. Titlemax is a great company, I appreciate the opportunity Tracy Young and my RM and espically my DM has given me!

employee posted on April 30. 2009 19:20

Oh really Mr. or Ms. Employee? I worked for titlemax and not being there anymore was the best thing ever! They have everything in print....yeah and they go over a 4-5 page contract in a few seconds skimming over detailed information. They send flyers to areas where they think people need money. The DM's and RM's play the "as long as it does not get back to me" method and have no issues with harrassing customers. They tell customers they have to pay off accounts even when the car is totally wrecked (even though its in the contract that they do not have to pay)The company is ONLY good if you are expecting a big check and will pay them right off. But oops they took away the 0% interest so they always get something now. So continue w your great job! They will screw you out of it in a second to save themselves. I speak from example. Thanks Titlemax! I got my life back by leaving titlemax!!

Eve posted on April 30. 2009 23:00

I have read the narratives regarding the Chapter 11 filings. I am very familiar with the business of TitleMax. The filing was simply to protect the business against Merrill Lynch/Bank of America from exercising their rights to pull collateral on a technical default. TitleMax isn't going anyway. Their stores are open and nothing has changed. As for you folks who piss and moan about their high priced loans, I don't beleive anyone took a gun to your head and forced you to sign on the dotted line. Quit crying and realize that if you had problems with TitleMax, it was your fault and not theirs. You signed on the dotted line and then cry when they enforce their rights. Grow up.

Edie posted on May 2. 2009 08:58

The post made by Dont worry about it is correct however this company cares nothing for its employees, I was recently terminated from this company because I am in favor of helping customers to get their title back as opposed to stepping on their necks by charging them ridiculous interest (still the lowest in the industry) reposessing their vehicles and selling them at auctions. As a store manager with this company I understood why customers would come to TitleMax to get a loan but people need to understand how it works so that they can get themselves out of debt faster esp. in todays economy. I have a few friends still employed with TitleMax and if it weren't for them I would hope that the company was the next one to shut its doors. So be weary if you are in the York County, Chester County, Lancaster County or Richland County area, there is a District Manager that cares nothing about you but would rather repo your vehicle than to help you thru the rough times.

Disgruntled Ex-employee posted on May 3. 2009 10:17

Titlemax wrote two checks to pay for services to our company, those checks were returned because a hold was placed on thier account. I understand they filed bankruptcy, but how can a judge allow them to return (basically bounce) checks that are already written and received by the vendor? They wrote the last check on 4/17/09, and filed bankruptcy on 4/20/09. This is so wrong, so very very wrong. On another note, the local employee had no idea what was happening unitl I told her Titlemax filed bankruptcy.

Toni posted on May 4. 2009 03:30

I ve worked for the titlemaxcompany for about 3years the way they talk and treat there employess is worng looking back i wish all those time my distric manager cruised around me or spoke wrong in ref to other employee's or on election when we were told to vote for mccain i had a recorder, I never was writeen up or gave any trouble the most was me missing days but it was cause i was sick and they had doctors notes to prove it ... the frist mistake made i was fired( im only human just like everyone else)
on the holidays at that, That is how much they care about there employees or there finincal needs, they stated tht i was doing something fruadulant when all i was doing was tring to help a fellow employee that i thought worked there before she knew so much of the company's payrate gave me personnal info and i still did nothing i waited LIKE COMPANY SAY"S MUST FOLLOW CHAN OF COMMAND I WAITED AND LEFT THE DOCUMENT I CREATED FOR MY MANAGER TO SEE AND APPROVE DIDNT EVEN SIGN THE LETTER. didnt fax the letter either and by the way they couldnt prove that i had as they said they could, they said they had fotage of me faxing something they couldnt c what it was, when i advised the district manager what it ws that it was his rolling report he looked at me and as said try contacting HR to see what they could do for you Why say that cause he knew he ws worng what they were doing to me was worng someone who never done anything worng but miss some day which i was protected under the fmla cause i had a serious conditon with, my health other then that never had any problems i was the frist one in the office, that sometimes the manager would get mad at me and tell me to clock in later and i had to wait until she advised me to do so so it mad it look as if i was late sometimes but i was there, if they wanted to check it out and see iwas telling the truth they could c who stoped the alarm bymy code, things that that they should o f looked at and seen everything they didnt they judged me without even knowing the truth, they didnt want to know they didnt look in to anything if they had they would of found out alot of mistakes that where made by all of us including the manager, the distric manager and area manager > BUT YOU THINK THEY CARED, you think they offered an employee of 3 years a chance, i advise the distric manager and kayla i wasnt aware just by making the document i was doing something wrong, she advised me why didnt you shread it, so basically i was told why didnt you lie to your company, you rather i have lied about it o faxed it then asking the manager what to do???? they so called had fotage that i faxed the letter a letter that was not even signd how could you revify employment without a signature????? and when asked for there proof of the accusation they gave me nothing frist she said i was being fired for revifing employemnt then since they couldnt produce the correct document just an unsign letter that i typed that was the way they showed me to do so obvisouly unsigned waiting on the aproval of the manager what i should do next with it had she been there or ans when i called her to ask her in ref to it non of this would of haapen, my thing is tht they didnt even ask why she wasnt there she decided to leave early cause she wanted to no permission and if they said she did it that was a lie because the district manager called the office asking for her the can ckeck the call logs . alot of things went on in that store and still are like the manager being rude to the customer or doing nothing letting me do mostly all of the work while she sat there on the internant looking at things they shouldnt which they can also look that up as well .. i did my job right and i did a damn good job at what i did you could call any spanish customer or any pawn i did and ask the customer who in that office was the most professional, i held the collection down without having to be disrespectful to customers ...customers would come into the office to speak to me and only me and those who didnt was cause i followed what the manager told me to say to them. maybe ya should keep an eye on your employees a liitle more better and see which one's are worth keeping and which one's are worth letting go, i seen alot of things worst things then what i have done, like leaving for the night and not closeing up the store having the police have to come out to sercure the area and branch norcross 4 the person wasnt fired, alot of things that went on in the store i was they werent fired and .. instead of giving me a warning, writting me up advising me tht it was wrong just by creating the letter never to do it again after giving the company all theses years, THEY FIRE ME MAKING ME THINK I SHOULD LOOK INTO A LAWYER beCUASE OBVISOULY THEY HAD IT IN FOR ME < ITS ALSO FUNNY THE TIMMING JUST AS I ADVISED THE MANAGER I WAS POSSIABLY BE OUT AGAIN FOR YET ANOTHER SURGERY THIS HAPPENS AND THIS IS WHAT THEY DO!!! treated me as if i never meant anything to the company, as if i never mad this company millions espically with the spanish community ...I have beeen working since i was 15 and im 29 at this time and never have i worked for a company who cared so little about there employees as this company does, never have i worked for a company that cared so little about therer employees family. this company is the worst company i have ever worked for and something should be done about it!!!

ex employee posted on May 5. 2009 18:25

they dont care about anybody but themself!!!!! and there big bonuses they give them self while we where the ones who did all tha hard labor and work at least the should care more for thery customer as well s there employees but they dont

ex employee posted on May 5. 2009 18:26

I think that it all depends on what district you work in and who your dm and rm is. Titlemax is a pawn company with higher than normal interest rates for a reason, to make more money. So i really fail to understand why everyone is so mad at the RM's,DM's and Managers. If you dont like your job or the way you are treated quit, find another job, with this horrible economy I'm sure you will be replaced within 3 days. Titlmax application states you have to be 18 yrs old to pawn your vehicle, so thats being an Adult. So if you dont understand what your doing ask questions, read your contract, take responsiblity for your actions. If you cant pay or have no intentions of making good on the money you borrowed. Dont be so fast to take that check that you can get in 20 minutes. I think all customers know what they are getting into, before hand. They just fail to remember when its time to make the payment within 30 days.

employee posted on May 12. 2009 03:54

Titlemax is a predatory lender. There is no other way to describe this company. However, kudos to Tracy Young for taking advantage of stupid people. I wish I had thought of the idea first.

Its a cyclical business that caters to a very subprime demographic. Who can blame Bank Of America for not wanting to be involved in that?

ballsonya chin posted on May 13. 2009 02:28

I have been a loyal and dedicated employee at TitleMax Title Loans for a year. While I may not always agree with their way of doing business (for example lying to a pregnant lady in an effort to have her volunteer her veichle since she couldn't make a minimum payment in hard economic times) I still appreciated their pay table.

In July of 2008, a new loan bonus was presented where managers would receive 2% of all new loans from July thru December of 2008. At the end of 2008 I had accumulated a new loan bonus of $7,327.15 scheduled to be paid on March 18, 2009. In addition to this managers each month receive a profit bonus from the month's prior profit. This was scheduled to be $2261.94 to be paid on MARCH 18, 2009 as well.

On March 3rd, I was told that I was no longer going to be employed with TitleMax because my Father had gone to a used car dealer and purchased a veichle that had been repossessed by TitleMax over 6 months ago. Not knowing the veichle was a repossessed veichle or even that it came from TitleMax when my car broken down two days prior (March 1st) my father allowed me to use his veichle so I could make it to work for the next couple days. On the 3rd when I got to work I was told of the misunderstanding with the veichle and my driving of it. I immediately said I would call my Father and have him take the veichle home as I was merely trying to get to work. I was told that was not possible.

To top it off, I was told I would not be receiving my paychecks mentioned above which I worked my butt off for, for over a YEAR!! Their reason was you need to be an employee at the time the bonus is paid. EXCUSE ME?? Ok so you work for the company for a year and because I am not their a week prior to checks being cut you tell me I am not entitled? While I am willing to accept not returning to work, the taking of a persons paycheck they desperately need during the economic times we are in is HORRIBLE!!

On top of this, it sickens me to this when a company can charge 155%, 133% and 119% on the loans they provide, to not cough up the money they owe their employee's allbeit FORMER is WRONG!

Rob Hochman posted on May 17. 2009 16:41

TITLEMAX SUCKS!!! IF YOU THINK THEY RIP OFF CUSTOMERS YOU SHOULD SEE HOW THEY DO EMPLOYEES. NO BENEFITS FOR LOWER RANKING REPS. NO HEALTHCARE!! THEY ARE LIKE WORKING FOR WALMART, EXCEPT THEY PAY GOOD FOR RIPPING OFF THE BLACK COMMUNITY. THEY`PUT THE BLACK WORKERS BUILD UP THE COMPANY THAN BRING IN WHITE BOYS FROM THE OUTSIDE TO COLLECT THE BIG CHECKS AND LOOK DOWN ON THE LOWER LEVEL EMPLOYEES!! DONT DO IT!!! ANY EMPLOYEES THAT FEEL THEY WERE VICTIMS OF DISCRIMINATION NEED TO EMAIL TRILLBIZ@GMAIL.COM WE NEED TO STAND UP AGAINST THIS MACHINE AND GET THEM OUT OF OUR COMMUNITIES. I WAS THERE 5 YEARS AND LET GO BECAUSE I QUESTIONED WHY NONE OF THE HARD WORKING BLACKS THATS BEEN THERE 5-6 YEARS HAVE NEVER RECIEVED A CHANCE. BUT YOUR WILLING TO TRAIN WHITES FROM THE OUTSIDE

titlemax sucks posted on June 22. 2009 16:17

I am a former employee of T-Max and have a good friend who is currently a store manager. I can attest to every wrong included in every post here. 5 pages of contract, and the speech "There are three things that we require: One, that make at least your minimum payment on or before your maturity date. Anything you pay over that amount will go towards the principal. Secondly, if you have any problems whatsoever making at least that minimum payment on or before your maturity date you need to come into the store and speak to me and we'll see what we can do. And finally, since the contract is in your name it must be you who comes in and make the payment. Any questions? Please sign your life away here, here, and here...."

For all of the people above who are former T-Max employees, you know the drill.

Also, I was a store manager for 2 years and built it to where it was finally profiting $12,000 a month. And it hasn't done that since then. What was my firing offense? I didn't count down my drawer in front of my assistant when I left to go to lunch. HA! I will laugh to the grave if they cease operations....

The Death of T-Max posted on June 30. 2009 05:21

I was a former employee of Titlebucks/Titlemax and I hope they pad lock all the doors to the building. The DM Jozie Pollock, has her employees so scared to defend themselves its ridiculous. I was terminated for fraud(ha,Ha)because I had been processing titles that were signed over on the back. Like that company hasnt ever done that. I was a top performing manager as well as top in the region for District 4. I was told that I would never get unemployement--WRONG--I got it. I dont know about how other districts work but as for District 4 is based on prejudice. I have never been written up ever for anything and because of the recession and some people cant afford these 500 pawns and rather turn the vehicle in instead of pay 24.99% on $500.00, then thats there choice. I know I profited over $32,000 a month and as far as a comment earlier you need to be employed to get your bonus you need to contact Atlanta Wage&Hour Division 866-487-9243, and they can help you get what you earned. DONT LET TITLEMAX BULLY YOU INTO THINKING THEY CAN KEEP WHAT YOU EARNED BECAUSE THEY CANT ITS NOT IN WRITING ABOUT YOUR MONTHLY BONUS IF YOU EARNED IT YOU CAN GET IT...THEY ARE NOT ABOVE THE FEDERAL LAW!

former employee posted on July 5. 2009 07:44

DISTRICT 4 NEEDS TO BE SHUT DOWN. DM Jozie Pollock needs to be fired. she is only smart enough to push a mop and broom.

thdastrm posted on July 17. 2009 22:50

I am so glad I am not employed by this company. I was fired by Jozie Pollock from district 4. because she said i over pawned a vehicle. I just want to thank her for allowing me to be released from that hell hole. I currently owned 2 businesses and working on a third plus i am in THE PROCESS Of EARNING MY DEGREES WHICH WILL provide other great opportunities for me. Special thanks goes out to JOZIE, FRAN, AND ELIZABETH for making this happen. May GOD be the glory.

former employee posted on July 17. 2009 22:58

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