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 Iowa

I took out a $1000.00 loan from Big Picture Loans and was initially told I would pay $400.00 in a finance charge, but instead they took out $500.00. They said I could pay them more on top of the $500.00 to reduce the principal by a $100.00, but the next payment would be $500.00 another finance charge for the 2nd month. I ca n't afford this outrageous amount.

Big Picture Loans, LLC customer in Iowa
Nov 13, 2016

* Source: CFPB Complaint Database

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

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