AmeriCash Holding LLC Payday Loan Complaint

Charged fees or interest I didn't expect

AmeriCash Holding LLC Payday loan department,

Charged fees or interest I didn't expect Missouri

I am elderly, single woman on fixed monthly income, who is caught in a pay loan trap. I applied for a loan at Ameri-Cash Loan to pay for another pay loan ( - ) that I am currently in. I borrowed $400.00 unaware that the terms and the interest of the loan. The schedule terms of the loan has me paying back a total of $1300.00. Initially applying for the loan, the representative did not fully explain or was he totally honest regarding the terms and interest. This loan has cause me a great deal of financial difficulties, based upon advise from others I have requested a settlement to close out the loan only to be denied and threaten with legal actions. I have uploaded copies of the contracts and request your help to resolve this matter.

AmeriCash Holding LLC customer in Missouri
May 14, 2015

* Source: CFPB Complaint Database

AmeriCash Holding LLC response to complaint:
Closed with explanation

Created with Highcharts 4.2.3AmeriCash Holding LLCComplaint HistoryComplaints1/20155/20156/201512/20152/20167/201600.250.50.7511.25Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3AmeriCash Holding LLCCharged fees or interest I didn't expect16.7%83.3%ClosedClosed with explanationSource: 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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