Springleaf Finance Corporation Consumer Loan Complaint

Installment loan Managing the loan or lease

Springleaf Finance Corporation Consumer loan department,

Installment loan Managing the loan or lease Georgia

My wife and I have had a loan wit - - for several years. Although we were late at least twice on the loans, we caught them up. The loans were then sold to Springleaf Financial. Recently, I reviewed the payments on the loans and noticed that the amounts have never decreased since we have had the loans. - loan is for $15000.00 and another for $5000.00. - loans are more than the original loans now and have not decreased. For example, we have paid more than $60000.00 on the - loan and I have no idea on the -. When we tried to ask questions pertaining to why we have paid so much on the loans and they never decreased, we are either sent through multiple departments or referred back to the high interest rate and penalties on - loans. I have discussed with several parties outside of the loan companies and no one seems to help. We both believe something is not right concerning the loans and the amounts we have paid on them, yet the amounts are not decreasing. Based on what is currently happening-WE WILL NEVER PAY THE LOANS OFF!! Please help. We have documents that can be sent.

Springleaf Finance Corporation customer in Georgia
Jul 10, 2015

* Source: CFPB Complaint Database

Springleaf Finance Corporation response to complaint:
Closed with monetary relief

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