GVA Holdings, LLC Payday Loan Complaint

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

GVA Holdings, LLC Payday loan department,

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

I accepted a payday loan from Northcash without realizing the higher interest rate. I was loaned $500.00 and was expected to pay back more than $1000.00. I made over $600.00 worth of payments before I realized that their practice of requiring the use of automatic ACH transactions was illegal, that the interest rate was more than the allowed interest rate for Iowa payday loan laws and that they were not licensed in the state of Iowa. I have contacted my bank to stop the ACH transactions but Northcash is harassing me and calling all hours of the night and sending collection letters.

GVA Holdings, LLC customer in Iowa
Jun 02, 2016

* Source: CFPB Complaint Database

GVA Holdings, LLC response to complaint:
Closed with explanation

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