Payday loan, title loan, personal loan, or advance loan -- Charged fees or interest you didn't expect -- Complaint #16515568
Complaint Overview
Complaint ID: 16515568
Company: Rosebud Economic Development Corporation
Product: Payday loan, title loan, personal loan, or advance loan
Sub-Product: Payday loan
Issue: Charged fees or interest you didn't expect
State: Georgia
ZIP Code: 31088
Date Received: 2025-10-10T12:00:00-05:00
Date Sent to Company: 2025-10-23T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I am seeking legal assistance regarding a predatory loan issued by a company known only by its phone number and web site, XXXX. The loan was offered at an interest rate of XXXXXXXX XXXX % contrary to our initial agreement, which is a direct violation of Georgia usury laws. After I made the first payment, I discovered the exorbitant and illegal interest rate. When I confronted them about it, they asked me to return the loan, but kept the first payment. I have been unable to locate a physical address for this company/ Threesticks lending.
Frequently Asked Questions
What is Complaint #16515568 about?
Complaint #16515568 was filed against Rosebud Economic Development Corporation regarding Payday loan, title loan, personal loan, or advance loan specifically about Charged fees or interest you didn't expect. It was received by the CFPB on 2025-10-10T12:00:00-05:00.
How did Rosebud Economic Development Corporation 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 (Payday loan, title loan, personal loan, or advance loan) and describe your issue in detail.
Can I see other complaints against Rosebud Economic Development Corporation?
Yes, visit the Rosebud Economic Development Corporation company profile at readthecomplaint.com/company/rosebud-economic-development-corporation 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.