OneMain Financial Holdings, LLC Consumer Loan Complaint

Installment loan Managing the loan or lease

OneMain Financial Holdings, LLC Consumer Loan department,

Installment loan Managing the loan or lease Pennsylvania

My loan is for only about $8500.00 but the statements are confusing. They only show the amount owed after all interest over the life of the loan. For example I borrowed the above but my statement shows $16000.00 and this also appears on my credit report which hurts my debt ratio. It would be as if my mortgage is $60000.00 but instead of showing what I borrowed they show the amount on my statement with all 30 years interest in the total but no where does it show the original amount borrowed. Which would make it hard to see if my payment is being applied correctly. It also does n't show my interest rate. I am requesting that my statement reflect the basic info that every other business seems to be able to print on theirs.

OneMain Financial Holdings, LLC customer in Pennsylvania
Apr 08, 2016

* Source: CFPB Complaint Database

OneMain Financial Holdings, LLC response to complaint:
Closed with explanation

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