TMX Finance LLC Consumer Loan Complaint

Title loan Charged fees or interest I didn't expect

TMX Finance LLC Consumer loan department,

Title loan Charged fees or interest I didn't expect Illinois

Our Son had medical problems and suffered a - - - and We discovered that he had this title loan and i went over to the title max office to pay off this loan and I about had a - - when I seen that they had a ludicrous Interest rate of 167.88 % SAD World when these type of people are allowed to charge a phenominal interest rate to people who are already in deep financial trouble. HOW CAN THIS EVEN BE LEGAL?? NEW LAWS NEED TO BE ENACTED, and all financial institutions should not make any types of loans that the people can never re pay! This file is written by father, - - - who paid off this loan.

TMX Finance LLC customer in Illinois
Jun 28, 2015

* Source: CFPB Complaint Database

TMX Finance LLC response to complaint:
Closed with explanation

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