LoanDepot Consumer Loan Complaint

Installment loan Shopping for a loan or lease

LoanDepot Consumer Loan department,

Installment loan Shopping for a loan or lease Maryland

Approached by Loan Depot for personal loan ; after reviewing the terms of the loan, I the consumer declined/rejected the loan. I received an Adverse Action Notice from the loan company making it sound like they denied me credit. Mentally this is shocking, since I refused to take out a loan with them, it sounds like an attempt to ruin my credit score. This can not be right. Please advise

LoanDepot customer in Maryland
Dec 22, 2015

* Source: CFPB Complaint Database

LoanDepot response to complaint:
Closed with explanation

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Similar Complaints

How LoanDepot handles Shopping for a loan or lease complaints

Created with Highcharts 4.2.3LoanDepotComplaint HistoryComplaints2/20147/201512/201500.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3LoanDepotShopping for a loan or lease100.0%Closed with explanationSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageShopping for a loan or lease0.6%7.8%0.7%0.2%1.8%1.3%86.5%1.0%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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