BEAUMONT – A Groves consumer alleges a car dealership failed to accurately disclose the finance charge to him.
Walter Smith filed a complaint on Sept. 19 in the Beaumont Division of the Eastern District of Texas against Classic Southeast Texas Inc. alleging that the financing company violated the Truth in Lending Act.
According to the complaint, the plaintiff alleges that on March 22, he purchased a 2018 Kia Rio with an additional GAP coverage of $820 from the defendant. The suit states the defendant represented to him that GAP insurance had to be purchased in order for his loan to be approved.
He alleges a few weeks after his purchase, the defendant contacted him and requested he return the vehicle or sign a new retail installment sales contract, which he refused to do since he previously signed a contract.
The plaintiff holds Classic Southeast Texas Inc. responsible because the defendant allegedly failed to include the GAP in the finance charge on the contract and therefore did not disclose the actual finance charge associated with the TILA disclosures provided to him.
The plaintiff requests a trial by jury and seeks actual and statutory damages, with interest, attorneys’ fees and cost and such other and further relief as may be deemed just and proper. He is represented by Russell S. Thompson IV of Thompson Consumer Law Group PLLC in Mesa, Arizona.
Beaumont Division of the Eastern District of Texas case number 1:18-cv-00451