Review and analysis of over 11 Installment Loan complaints against Cottonwood Financial Ltd.
Cottonwood Financial Ltd. consumers have reported over 11 official complaints related to Installment loan. Out of the 11 consumer complaints against Cottonwood Financial Ltd., 0% were disputed by the consumer (i.e. the consumer was not happy with how Cottonwood Financial Ltd. responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Cottonwood Financial Ltd. resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 9% resulted in non-monetary compensation.
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Cottonwood Financial Ltd. Consumer Loan managing the loan or lease October 7, 2016 - I took out a loan for $600.00 and was never advised that my interest rate was 520.01 %. The company also tried to withdraw money from my account without my authorization.... |
Cottonwood Financial Ltd. Consumer Loan managing the loan or lease August 29, 2016 - I RECENTLY TOOK OUT AN INSTALLMENT LOAN FOR $400.00. THE APR IS 581.71 % AND THE FINANCE CHARGE IS $770.00 LEAVING MY TOTAL PAY BACK AT $1100.00. I KNOW I AM RESPONSIBLE TO PAY MY LOAN BACK BUT THIS IS RIDICULOUS. I WILL BE PAYING ON THIS LOAN UNTIL - 2017 UNLESS I COME UP WITH IT ALL IN ONE LUMP SUM WHICH I CA N'T AFFORD EITHER BECAUSE THERE IS ALWAYS SOME LARGE PAYMENT I HAVE TO PAY OUT OF EACH CHECK, LIKE MY RENT OR CAR PAYMENT. I AM A SINGLE MOM AND NEEDED THIS TO HELP COVER MY RENT AS I HAD TO HAVE - AND WAS OFF WORK FOR AWHILE AND I DEPEND ON OVERTIME TO HELP MAKE ENDS MEET. ... |
Cottonwood Financial Ltd. Consumer Loan problems when you are unable to pay August 22, 2016 - I was and still unemployed on -/-/2016 with unemployment income. Took out a loan with the Cash Store in -, WI on -/-/2016 in the amount of $290.00 with an interest rate of 519.98 % $540.00 in finance charges.They have been blowing my phone up at least 2 or 3 times a week 3 times in a row. I have not attempted to pay back due to the ridiculous high finance interest rate and I ran out of unemployment income before the loan contract ends what can I do.... |
Cottonwood Financial Ltd. Consumer Loan problems when you are unable to pay April 14, 2016 - So much time has gone by and I was to humiliated to ever talk to the lender. The default finally made it 's way to collections and the people have threatened me with criminal charges. ... |
Cottonwood Financial Ltd. Consumer Loan problems when you are unable to pay March 31, 2016 - I received a loan from the cash store for a total of $2000.00 and was told that the payments will be deducted from my checking account if I was not able to pay. I have been charged an overdraft fee because the funds were not available and even though I notified them in advance the my told me that there was nothing that could do besides refinancing my loan and making me start all over for a payment that was only about $100.00 dollars cheaper but still almost unaffordable. My payments are currently $500.00 and I can not afford them I am being charged upwards of 400 % maybe even more. ... |
Cottonwood Financial Ltd. Consumer Loan problems when you are unable to pay March 28, 2016 - they are calling my family members, my job my cell phone and they are calling everyday, more than 5 times a day for the last two weeks. ... |
Cottonwood Financial Ltd. Consumer Loan managing the loan or lease January 23, 2016 - Cottonwood Financial sent me a letter dated -/-/16 but they sent it to collections about 2 weeks later, I was never given an opportunity to make arrangements. I received a call from - - -, - of the reps called me a liar. I advised him that I am working with an attorney on several options that may include filing bankruptcy but its not my only which I told Cottonwood Financial and the collection. I do n't know why they sent me a letter dated -/-/16 but sent it to collections 2 weeks later. Why would they do that? The rep at - - - was very rude towards me because ... |
Cottonwood Financial Ltd. Consumer Loan problems when you are unable to pay December 27, 2015 - I have advised the Cash Store a few times that I have spoken with an attorney but due to the holidays, I will not hear from him until Monday. Cash Store called me - a day even though they were told by me that I work during the day which is - Monday through Friday. I just started this job on -/-/15 and I am still on probation until -, therefore I ca n't just working to answer their calls. ... |
Cottonwood Financial Ltd. Consumer Loan problems when you are unable to pay December 11, 2015 - The Cash Store continues to call me while I am at work, even though I left - messages telling them that I work from -- Monday through Friday and may have to work some Saturdays depending on workflow. I just starting working at this job on -/-/- and I am on probation until -/-/-. I work in a call center environment and these calls are disruptive to me because I ca n't take their calls because I am at. I did speak an attorney and he advised they are suppose to call him during the times I asked them to. Their continuous calls are stressing me out and would rather communica... |