Big Picture Loans, LLC Payday Loan Complaint

Payday loan Charged bank acct wrong day or amt charged bank acct wrong day or amt

Big Picture Loans, LLC Payday loan department,

Payday loan Charged bank acct wrong day or amt Charged bank acct wrong day or amt Florida

I borrowed $600.00 from BPL and during the initial process I was told that the pay back balance would be $810.00 with a monthly installment of $210.00 via ACH payment. To my surprise BPL took the installment on every pay cycle that is the - & the - and the overall installment would end in 2017. So far I repaid $630.00 and they advised that the pay off is in fact $810.00 and the installment would incur fees which was never explained to me at the outset. I consider this evil and would like the Consumer Financial Protection Bureau to help with the following : 1.misleading information about due dates, fees, and total repayment amounts 2.incorrectly stating or implying that the finance fee was a one-time charge instead of an ongoing interest charge.

Big Picture Loans, LLC customer in Florida
Jul 12, 2016

* Source: CFPB Complaint Database

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

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