Big Picture Loans, LLC Payday Loan Complaint

Payday loan Charged fees or interest I didn't expect charged fees or interest i didn't expect

Big Picture Loans, LLC Payday loan department,

Payday loan Charged fees or interest I didn't expect Charged fees or interest I didn't expect Indiana

First of all, when I hit the icon " Submit '', I did n't see the fee/interest until afterward. I received only $400.00 and the payment was on the wrong day on purpose. They took the payment on the second Friday and I get pay three days later of the first week. The worst part of this is 866.8124 % annual percentage rate. If I has seen this, I would have never hit the word " Submit ''. I was so shock I was saw this. What I did saw was $540.00 to pay back. When they set up the payment date ahead of the beginning of my new biweekly wage, I had a hard paying all $540.00. It hit me that they did it on purpose.

Big Picture Loans, LLC customer in Indiana
Jul 14, 2016

* Source: CFPB Complaint Database

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

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