WLCC Payday Loan Complaint

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

WLCC Payday loan department,

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

I took out a loan the Leander was taking hundreds of dollars out of my account per month but the debt was not being paid off after several weeks of paying I was told there is an $8.00 a day interest rate I do not think that is fair and I know the loan should be paid but now lender is threating wage garnishment

WLCC customer in Michigan
Jul 18, 2016

* Source: CFPB Complaint Database

WLCC response to complaint:
Closed with monetary relief

Created with Highcharts 4.2.3WLCCComplaint HistoryComplaints9/20144/201512/20151/20163/20167/20162/201700.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3WLCCCharged fees or interest I didn't expect25.0%75.0%Closed with explanationClosed with monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageCharged fees or interest I didn't expect2.5%82.2%5.2%4.1%0.3%5.7%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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