Lendmark Financial Services, LLC Consumer Loan Complaint

Installment loan Problems when you are unable to pay

Lendmark Financial Services, LLC Consumer Loan department,

Installment loan Problems when you are unable to pay North Carolina

My due date for the loan is the - of every month but I do n't get my retirement check till the - which I fall in the category of making the payment before the 10 day Grace period. The problem is that every time I make my payment, all of the payment is going towards interest and none to principal. Plus the loan balance is increasing. I have complained and question why all of the payment is going to the interest and none to principal and they says that everyday my payment is late causes more interest. I will think this company is taking advantage of poor people and something needs to be done.

Lendmark Financial Services, LLC customer in North Carolina
Mar 14, 2016

* Source: CFPB Complaint Database

Lendmark Financial Services, LLC response to complaint:
Closed with explanation

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