GVA Holdings, LLC Payday Loan Complaint

Charged fees or interest I didn't expect

GVA Holdings, LLC Payday loan department,

Charged fees or interest I didn't expect Indiana

Took out this loan in the amount of $600.00. Was told that the loan was $130.00 per week but was not told that the loan the following 2 weeks and going forward would be $200.00. I found that out when they debited my account and I called them. They then sent me a copy of my application. I also found out today from the Indiana DFI hat this company is unlicensed to lend in Indiana and that the percentage rate is well over what is allowed ( 720 % ).

GVA Holdings, LLC customer in Indiana
Oct 15, 2015

* Source: CFPB Complaint Database

GVA Holdings, LLC response to complaint:
Closed with explanation

Created with Highcharts 4.2.3GVA Holdings, LLCComplaint HistoryComplaints11/201312/20131/20142/20143/20147/20149/201410/201411/201412/20142/20154/20156/20157/20158/201510/201511/201512/20151/20163/20166/20167/20168/201610/2016012345Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3GVA Holdings, LLCCharged fees or interest I didn't expect28.2%51.3%17.9%2.6%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefUntimely responseSource: 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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