TMX Finance LLC Payday Loan Complaint

Payment to acct not credited

TMX Finance LLC Payday loan department,

Payment to acct not credited Georgia

I took a $500.00 personal loan with a company called Insta Loan. I 've made payments of $120.00 per month for over 4 months to Insta loan which mean i covered more than the loan amount. Each time i meet with them at the office to make a payment they told me they were updating my information, which false. It was false because i recently found out that they were reapplying for a loan each time i made a payment. When i looked at my balance it never decreased it only increased each time i made a payment. Then i checked my credit report and they applied - loans of $600.00 on my credit. I spoke to a man named - in the office and he told me that these kinds of loans are not set up for you to get out of, and that i 'll be making endless payments for years.

TMX Finance LLC customer in Georgia
Apr 16, 2015

* Source: CFPB Complaint Database

TMX Finance LLC response to complaint:
Closed with explanation

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