TMX Finance LLC Consumer Loan Complaint

Installment loan Problems when you are unable to pay

TMX Finance LLC Consumer loan department,

Installment loan Problems when you are unable to pay Georgia

I took out a loan with instaloan around the end of 2014. I made a few payments but could n't keep up. They loan company rolled over my loan to a new - with old payment/interest attached to close previous loan and renew it. Now on my credit report it shows I have - loans open with them when in fact i have only -. I called Instalon and stated loans were being rejected to help pay off their loan because of being overextended for -. I requested they report the - loan as being closed ( is showing up as - seperate loans ) and a new loan was created. They stated they could not do that and that - loans would show until total loan of $800.00 was paid. Credit report shows $600.00 and $800.00 loans from them which is not correct. They are reporting misleading information to credit bureaus.Also refused to participate in debt consolidation.

TMX Finance LLC customer in Georgia
May 13, 2015

* Source: CFPB Complaint Database

TMX Finance LLC response to complaint:
Closed with explanation

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