Speedy Cash Holdings Payday Loan Complaint

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

Speedy Cash Holdings Payday loan department,

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

I took loan out for $350.00 I have paid about $900.00 in interest and fees and they have debit my account $460.00 to pay off loan which I have stopped payment. I did not authorize this payment. I was not informed when loan was taken out that payments I was making were only for interest and did not go towards loan.

Speedy Cash Holdings customer in Texas
Jan 26, 2016

* Source: CFPB Complaint Database

Speedy Cash Holdings response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Speedy Cash HoldingsComplaint HistoryComplaints11/201312/20131/20142/20143/20144/20147/20148/20149/201410/201411/201412/20141/20152/20153/20154/20155/20156/20157/20158/20159/201510/201511/201512/20151/20163/20166/20167/201610/201602468Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Speedy Cash HoldingsCharged fees or interest I didn't expect14.5%72.5%13.0%ClosedClosed with explanationClosed with monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageCharged fees or interest I didn't expect5.7%4.1%2.5%5.2%82.2%0.3%Untimely responseClosed with non-monetary reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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