Social Finance, Inc. Consumer Loan Complaint

Installment loan Taking out the loan or lease

Social Finance, Inc. Consumer Loan department,

Installment loan Taking out the loan or lease California

I applied and was approved for a loan from SoFi on - -. Signed and submitted the acceptance paperwork on - -. Since then, every employee has given me a different story on when the funds will be in my account. I 've been told on three different occasions the funds were ACH 'd into my account and would be available in a few business days. I was given other deadlines by two additional employees for when the funds would be available and those, too, have came and passed. The customer service representatives have no more information available to them than I do when viewing my application online, and I 'm being told that the fate of these funds is in the hands of a funding department that no one can contact, has access to, or has a phone number for. A supervisor was supposed to get me a transaction tracking number and call me back, she never did. I spoke with another supervisor who told me the funds were approved - -, and I have yet to see them. At this point I think I was the victim of a fraudulent scam aimed to obtain personally identifiable information from consumers. The interest rate on my acceptance paperwork is actually higher than what I was approved for, and that paperwork says I have a payment due on - -, even though I never received a dollar from this company. At the very least, this is an inefficient, misleading, and dishonest company who flat out lies to consumers. Worst case scenario, it 's a complete scam.

Social Finance, Inc. customer in California
Feb 04, 2016

* Source: CFPB Complaint Database

Social Finance, Inc. response to complaint:
Closed with explanation

Consumer disputes how Social Finance, Inc. handled their complaint

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