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 Virginia

When I got the loan I was told I would pay $150.00 finance fee for the $600.00 I borrowed. It would be a total of - payments of $150.00. Never got any notifications when payments were being processed for those - payments, then got a notice that they were going to process another payment from my account. When I contacted them they stated that was the process and they apologized for the inconvenience but those payments were each finance charges because I had not paid back the $600.00 yet. I believe this whole thing is a Scam. They originally sent me papers saying a finance charge of over $3000.00 and when I talked to someone I said I no longer wanted the loan because that was crazy I was not going to pay $3000.00 to borrow $600.00. And that when they told me I 'd only way the - payments of $150.00. And be done.

Big Picture Loans, LLC customer in Virginia
Nov 08, 2016

* Source: CFPB Complaint Database

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

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