Carmel Financial Corporation, Inc. Debt Collection Complaint

Carmel Financial Corporation, Inc. Debt collection department,

Other (phone, health club, etc.) Communication tactics Threatened to take legal action Texas

This company provided false cancellation information when I agreed to purchase the product. Within the next business day, I requested to cancel the service/product and was told I could not. Unfortunately, i was unable to make payment after a year or so due to unforeseen circumstances. Since the original amount, this company has charged over 200 % in interest. This year alone, - has been added to the balance. This company has been charging $200.00 a month interest. i told this company I was not happy with this product and they could pick it up years ago. They are now charging - for a product that is no where worth that amount. This is a UDAAP violation and is being reported on - -, - and - reports. This is also a FCRA violation as it is out of statue and should 've been removed. A letter was received years ago that a lien would be placed on my house for non-payment. This amount is ridiculously over charged.