OneMain Financial Holdings, LLC Credit card department,
After many years with - with a $14000.00 line of credit that was paid off many times.The loan payment was dependent on the amount i borrowed, sometimes the payment was $100.00 but as much as $270.00. I ran into problems in -/-/- due to the economy. I struggled and pulled through. Although, - did not and sold of my liabilities to Springleaf. I was paying Springleaf $280.00 monthly. The principal never moved and was always at the same amount or increased. As things got better I paid on time more often. Although my loan never really was paid down. The amount i paid over time has totaled - times since -/-/-. I then paid off $10000.00 and brought the line of credit down to a manageable $4000.00. I received my next bill without a change in payments. I called Springleaf and they did not have an answer although my contract states principal paydowm should be - % of total. not some made up amount Springleaf wants. The line of credit should be $130.00 per month with a $4000.00 balance. This includes principal and interest. They made money on me and now that i am able to repay things Springleaf is trying to squeeze me. I spoke with a manager that had no idea what she was doing. I am easy going and she was polite. She still had no idea how to come up with the calculation. I hope you can help. Thank you
OneMain Financial Holdings, LLC customer in Connecticut
Feb 14, 2016
* Source: CFPB Complaint Database
OneMain Financial Holdings, LLC response to complaint:
Closed with explanation
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