GVA Holdings, LLC Payday Loan Complaint

Charged fees or interest I didn't expect

GVA Holdings, LLC Payday loan department,

Charged fees or interest I didn't expect Pennsylvania

Took out payday loan of $600.00 and it turns out that the payment plan that they set up continually renews the loan without any of the payment being applied to principal. I should have read the fine print. I believe that the interest rate that they are charging me is in excess of the PA rate cap by law

GVA Holdings, LLC customer in Pennsylvania
Apr 12, 2015

* Source: CFPB Complaint Database

GVA Holdings, LLC response to complaint:
Closed with non-monetary relief

Created with Highcharts 4.2.3GVA Holdings, LLCComplaint HistoryComplaints11/201312/20131/20142/20143/20147/20149/201410/201411/201412/20142/20154/20156/20157/20158/201510/201511/201512/20151/20163/20166/20167/20168/201610/2016012345Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3GVA Holdings, LLCCharged fees or interest I didn't expect28.2%51.3%17.9%2.6%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefUntimely responseSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageCharged fees or interest I didn't expect5.7%4.1%2.5%5.2%82.2%0.3%Untimely responseClosed with non-monetary reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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