Vehicle loan or lease -- Managing the loan or lease -- Complaint #13946857
Complaint Overview
Complaint ID: 13946857
Company: Global Lending Services LLC
Product: Vehicle loan or lease
Sub-Product: Loan
Issue: Managing the loan or lease
Sub-Issue: Problem with the interest rate
State: Massachusetts
ZIP Code: 020XX
Date Received: 2025-06-06T12:00:00-05:00
Date Sent to Company: 2025-06-06T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I am submitting a complaint against Global Lending Services regarding my auto loan opened on XX/XX/2023. The original loan balance is listed as {$30000.00}. Since then, I have paid {$12000.00}, but the current balance is still $ XXXXonly a {$1500.00} reduction. This means most of my payments have gone to interest or fees, suggesting an excessively high interest rate, likely above 40 %. I was initially told I financed about {$18000.00}, not over {$30000.00}, raising concerns about the accuracy and transparency of the loan terms. Additionally, the cars current XXXX XXXX value is about {$12000.00}, far less than the amount owed. Despite multiple attempts, the lender has not provided clear explanations or payment breakdowns. I am seeking assistance to investigate these practices and obtain a full accounting of my loan.
Frequently Asked Questions
What is Complaint #13946857 about?
Complaint #13946857 was filed against Global Lending Services LLC regarding Vehicle loan or lease specifically about Managing the loan or lease. It was received by the CFPB on 2025-06-06T12:00:00-05:00.
How did Global Lending Services LLC respond to this complaint?
The company responded with: "Closed with explanation". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Vehicle loan or lease) and describe your issue in detail.
Can I see other complaints against Global Lending Services LLC?
Yes, visit the Global Lending Services LLC company profile at readthecomplaint.com/company/global-lending-services-llc to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.