Bliksum, LLC Consumer Loan Complaint

Installment loan Managing the loan or lease

Bliksum, LLC Consumer loan department,

Installment loan Managing the loan or lease California

I have an installment loan with high interest rate ( 95 % ) with LoanMe. I have no problem with the interest per se, but with the manner in which they allot the payments to principal. For example, the with the - payment of $670.00, nothing was credited towards principle. With the - payment of $840.00, only $1.00 went towards the principle. This trend continues until the - payment $770.00 goes towards the principle. Is this legal. At this rate, I accrue about $ -/mo on interest. Can you help me? Is the legal? This topic is very difficult to research. Their NMLS # is - or - - # -. /They are based in - - Ca. -. Their phone no. is -.

Bliksum, LLC customer in California
Apr 08, 2015

* Source: CFPB Complaint Database

Bliksum, LLC response to complaint:
Closed with explanation

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