BlueChip Financial Consumer Loan Complaint

Installment loan Problems when you are unable to pay

BlueChip Financial Consumer Loan department,

Installment loan Problems when you are unable to pay Maryland

-/-/-, I was contacted by SpotLoan about $800.00 dollar loan. I verbally said yes. In haste I did n't understand how high the interest was. The percentage on repaying is 228 %. Sine -/-/-, I have paid the $800.00. But now I will be paying $40000.00 until -/-/-. I receive - in the amount of $1200.00 per month. I receive SNAP in the amount of $16.00. My rent $560.00 per which includes some electric and cable. As of -/-/- I a paying the high interest, which I can not pay. Due to the low amount of food stamps, I used part of my -, for food, medicine, and supplies. Plainly, I can not afford to pay $400.00 until -/-/-! Can you please help me?? .y Controller of Maryland told me to contact your group.

BlueChip Financial customer in Maryland
Aug 01, 2016

* Source: CFPB Complaint Database

BlueChip Financial response to complaint:
Closed with explanation

Created with Highcharts 4.2.3BlueChip FinancialProblems when you are unable to paySource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageProblems when you are unable to paySource: Consumer Financial Protection Bureau

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