Resources for resolving common issues with Preferred Credit, Inc. products and services
The Consumer Financial Protection Bureau (CFPB) is a 21st century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives.
The CFPB will forward your complaint to Preferred Credit, Inc. and work to get a response. After your complaint is forwarded, Preferred Credit, Inc. has 15 days to respond to you and the CFPB. Preferred Credit, Inc. is expected to close all but the most complicated complaints within 60 days.
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Preferred Credit, Inc. Consumer Loan managing the loan or lease March 17, 2016 - I purchased a set of Saladmaster cookware and used Preferred Credit, Inc. ( PCI ) for the financing. The promotional financing was 12 months same-as-cash. The contract says that I will not be charged interest on the balance until the 12 month period expires and the interest will only be applied to the unpaid balance. I received - statements, - in - and - in -. My - statements shows an interest charge of $55.00, which increased my overall balance. I contacted PCI and spoke to a supervisor named -. I explained that I was not supposed to be charged interest and that I wan... |
Preferred Credit, Inc. Consumer Loan managing the loan or lease February 2, 2016 - Back in - -, - I got approved for a loan from Preferred Credit , Inc., for $3000.00. After - phone calls from them during the last 6 weeks, to verify my address again, to make sure I am me, finally I have received in the mail the first statement, today, - -, -. To my astonishment I was already charged with $43.00 interest. I called the loan company, and was told that the interest starts accruing from the day I signed the contract. To my question of why they dragged their feet and took their time to issue this first statement so late ( again, 6 weeks later ), they had n... |
Preferred Credit, Inc. Debt collection communication tactics frequent or repeated calls November 20, 2015 - Lost job and are not able to make a payment. Payment is only 3 weeks late and have received up to - phone calls per day asking to make a payment and telling me they are turning me over to collections. ... |
Preferred Credit, Inc. Debt collection cont'd attempts collect debt not owed debt was paid July 14, 2015 - THIS ACCOUNT IS SO OLD, ITS PREFERED CREDIT, - -. THIS COMPANY IS HONORABLE AT TRYING TO COLLECT, THEY HAVE SENT THIS ACCOUNT OUT TO SO MANY COMPANY 'S AND ITS BEEN PAID IN FULL SINCE -/-/2013 TO - AND ASSOCIATES. ... |