Bliksum, LLC Payday Loan Complaint

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

Bliksum, LLC Payday loan department,

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

I was in need of money to make my rent payment and was referred to the attached web address : - As you note. Apr was advertised as 11.36 % Apr on web page attached and used to solicit my borrowing at zero percent interest for 7 days. With receipt of funds I am now being told that my APR is in nearly 140 %, I bevel this predatory lending is illegal and believe that it is in violation of the Consumer protection laws recently passed. See attached Notice and settlement information I am now receiving from this lender. - - The web page in now way describes this loan and appears to be some sort of bate and switch plan to trap consumers in need. I believe this is very much exactly what the CFPB has done to protect consumers from such predatory activity. My phone number is - - - I am a California Resident and I am unable to pay these usery amounts. In violation of the California Constitution Article 13 Usury.

Bliksum, LLC customer in California
Jan 26, 2016

* Source: CFPB Complaint Database

Bliksum, LLC response to complaint:
Closed with explanation

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