Payday loan Charged fees or interest I didn't expect charged fees or interest i didn't expect
Big Picture Loans, LLC Payday loan department,
Payday loan Charged fees or interest I didn't expect Charged fees or interest I didn't expect Ohio
My understanding was that I was taking out an installment loan, which I expected would have monthly interest charges. However I am being charged $250.00 bi weekly for a $1000.00. at an interest rate that is over 700 %. They will not stop the ACH payments, and make payment arrangements. I will be forced to close my bank account, as I can not afford to have this coming out of my account bi weekly.
Big Picture Loans, LLC customer in Ohio
Aug 17, 2016
* Source: CFPB Complaint Database
Big Picture Loans, LLC response to complaint:
Closed with explanation
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