Risecredit, LLC Payday Loan Complaint

Payday loan Charged fees or interest I didn't expect charged fees or interest i didn't expect

Risecredit, LLC Payday loan department,

Payday loan Charged fees or interest I didn't expect Charged fees or interest I didn't expect Wisconsin

The company deducts interest from partial principal payments when paying scheduled installment payments. The company does not have a means for consumers to make payments to principal balance only. The company does not honor its loan agreement. The loan agreement clearly states partial principal payments will not incurred interest ... .Please see attached loan agreement

Risecredit, LLC customer in Wisconsin
Jan 06, 2016

* Source: CFPB Complaint Database

Risecredit, LLC response to complaint:
Closed with explanation

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