TMX Finance LLC Consumer Loan Complaint

Title loan Charged fees or interest I didn't expect

TMX Finance LLC Consumer Loan department,

Title loan Charged fees or interest I didn't expect Florida

I applied for a loan to improve my credit score. I opened a vehicle refinance loan with Instaloan. The loan interest rate is 57.4 %. I did not realize how high the rate was going to be. I also did not know my payments would not reduce the principal loan amount, it covers interest only. In addition I can not send payment by mail. I must physically appear in the their office to make a payment. The office is an hour away. I feel I was taken advantage of because the rate, payment and payment system.

TMX Finance LLC customer in Florida
Jan 27, 2016

* Source: CFPB Complaint Database

TMX Finance LLC response to complaint:
Closed with explanation

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