Other (phone, health club, etc.) False statements or representation attempted to collect wrong amount
Risecredit, LLC Debt collection department,
Other (phone, health club, etc.) False statements or representation Attempted to collect wrong amount California
My - year old mother was solicited by a predatory lender, RISE for a personal loan. She agreed to a $1300.00 loan but was told the California law stated the minimum loan amount was $2600.00. Her interest rate is 125 %, how is this legal? She is on a fixed income and RISE has set up an auto pay with her checking account with a monthly payment of $470.00. No income documentation was required from RISE to determine her ability to repay the loan. How is this legal? This is elder abuse! Please shut this company down
Risecredit, LLC customer in California
Sep 18, 2015
* Source: CFPB Complaint Database
Risecredit, LLC response to complaint:
Closed with explanation
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintLoading similar complaints
|
{{x.COMPANY}} {{x.ISSUE}} {{X.SUB_ISSUE}} {{x.COMPLAINT_WHAT_HAPPENED | preview}}... |