Big Picture Loans, LLC Consumer Loan Complaint

Installment loan Managing the loan or lease

Big Picture Loans, LLC Consumer Loan department,

Installment loan Managing the loan or lease California

I received a letter saying I qualified for a $500.00 pay day loan. This was right before - and I needed the money to help buy presents for my family. I was told there was a finance charge around $150.00, which is a lot, but I agreed to it. I received the money and I have been paying $150.00 every two weeks to pay off the loan. Its - now, and I have paid $900.00 towards this loan. I checked the website ( they just changed their name from - - to Big Picture Loans ) and I have only paid $25.00 towards the balance! I 'm shocked and I feel scammed. I took a screen shot of the payoff schedule, which was unavailable before i took the loan out, and it seems I am to pay $2200.00 to pay off the original $400.00 loan. That 's outrageous!

Big Picture Loans, LLC customer in California
Mar 18, 2016

* Source: CFPB Complaint Database

Big Picture Loans, LLC response to complaint:
Closed with explanation

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