Harpeth Financial Services, LLC Payday Loan Complaint

Charged fees or interest I didn't expect

Harpeth Financial Services, LLC Payday loan department,

Charged fees or interest I didn't expect Tennessee

I am writing this as a customer who feels as though Advanced Financial is ripping their customers off, I had a loan with this company off and on for two years it was an installment loan, well recently went into the store to renew it as I did n't have all of the money to pay and was told I had to switch over to their Flex loan or pay the balance in full, so I did. I have paid this company almost - on a - loan and only - has went to my principle ... they charge customer s over 200 % in interest but word the contract and the flyer they give you is very misleading. I also revoked authorization so they would not draft my bank account and they continue to do so. I do n't understand how thi can be legal. And if so I think someone should look into this and regulate the laws. I kniw this company has had several complaints regarding these new flex loans and ripping people off, also forcing customers to switch over to these loans should also be against the law. You make a payment of - and only - goes to principle and the rest to fees and interest, the present the flex loan like a credit card and I have those and the definitely do not work they way this company is telling their customers.

Harpeth Financial Services, LLC customer in Tennessee
Sep 27, 2015

* Source: CFPB Complaint Database

Harpeth Financial Services, LLC response to complaint:
Closed with monetary relief

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