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 Florida

this is spotloan which is another predatory type loan sucks you in and cost way more then it should. I have already pay to date - and still have at least - payments leave. it sounds good at first because it is a low amount they take out every two weeks but it is not a good loan. can not pay back at one time so that is where they hurt you on the loan. they charge for there loans 450 % of loan with payments - over lenth of time. can they do that. i now know better on these loans but at the time did not know and needed the money due to finance issues.

BlueChip Financial customer in Florida
Sep 02, 2016

* Source: CFPB Complaint Database

BlueChip Financial response to complaint:
Closed with explanation

Created with Highcharts 4.2.3BlueChip FinancialComplaint HistoryComplaints3/20153/20164/20165/20166/20168/20169/201611/201600.250.50.7511.25Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3BlueChip FinancialProblems when you are unable to pay100.0%Closed with explanationSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageProblems when you are unable to pay1.8%80.7%4.3%9.6%0.2%1.3%1.3%0.7%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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