LDF Holdings, LLC Payday Loan Complaint

Charged fees or interest I didn't expect

LDF Holdings, LLC Payday loan department,

Charged fees or interest I didn't expect Colorado

I received a loan from Send Loan for $600.00 and was unfer the impression that I would only be paying back that amount plus some interest. I see now that they plan to debit my account every 2 weeks for $190.00 until - of 2016 which makes me paying back over $4000.00. There is no break down on the repayment schedule as to what is interest and what is the primary amount. Plus I can not get them to provide me with anything that would give me that information. I would have never taken out a loan that would require this type of repayment. Plus now I see that it is illegal to lend anything over $500.00 in the state of Colorado. Please let me know what steps I can take to resolve this problem. Thank You

LDF Holdings, LLC customer in Colorado
Nov 05, 2015

* Source: CFPB Complaint Database

LDF Holdings, LLC response to complaint:
Closed with explanation

Created with Highcharts 4.2.3LDF Holdings, LLCComplaint HistoryComplaints11/201412/20141/20152/20153/20154/20156/20158/20159/201510/201511/20152/20163/20165/20166/201600.511.522.533.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3LDF Holdings, LLCCharged fees or interest I didn't expect42.1%31.6%26.3%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefSource: 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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