BorrowersFirst, Inc. Consumer Loan Complaint

BorrowersFirst, Inc. Consumer Loan department,

Installment loan Managing the loan or lease Rhode Island

I tried responding as a despute but I kept getting an error. Case number : - My response today I have been charged NSF fees, $45.00 to be exact, but that is not the issue I am complaining about. In almost every statement there is charged called a billed finance charge that has added up to $1000.00. There were a few approximately - different months when I receive a NSF due to too many things going through my account. I paid them when everything cleared on my account. The NSF issue was resolved by charging me the - charges of $15.00 as you can see in the statements. I 've been faithfully paying and my payments, and so far I have invested - $3600.00 into this. Almost a third of that money has been taken by these billed finance charges. I keep getting harassed and contacted by Borrowers First, urging me to give them money, yet they still have not even addressed


Payments - NSF - - - - - - - - - - - - - - - - - - - - - - - - -*- - - The companies previous response/ what I am responding to. - has researched - complaint and has determined that this loan has been paid down from its original balance. The original loan amount was $7500.00 and the pre-paid finance charge was $370.00 ; therefore, the amount originally owed was $7800.00. - current loan balance shows as $6700.00. Additionally, by reviewing the monthly statements submitted to the CFPB and - account, the loan has not negatively amortized. He has incurred many NSF fees which has added to the overall outstanding balance of the loan, but these NSF fees have not caused negative amortization of the loan.