Payday loan, title loan, or personal loan -- Charged fees or interest you didn't expect -- Complaint #4977035
Complaint Overview
Complaint ID: 4977035
Company: Wlcc
Product: Payday loan, title loan, or personal loan
Sub-Product: Installment loan
Issue: Charged fees or interest you didn't expect
State: New Jersey
ZIP Code: 08611
Date Received: 2021-12-05T12:00:00-05:00
Date Sent to Company: 2021-12-10T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I applied to a 1k loan back in XXXX the interest rate was high total pay back would be 7k total. I lost my job XXXX weeks after the loan, months later they want a whopping 8900 dollars with no end in sight accruing interest This company practices in predatory loan and needs to be shut down. It is illegal and needs a class action law suit against them.
Frequently Asked Questions
What is Complaint #4977035 about?
Complaint #4977035 was filed against Wlcc regarding Payday loan, title loan, or personal loan specifically about Charged fees or interest you didn't expect. It was received by the CFPB on 2021-12-05T12:00:00-05:00.
How did Wlcc 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, or personal loan) and describe your issue in detail.
Can I see other complaints against Wlcc?
Yes, visit the Wlcc company profile at readthecomplaint.com/company/wlcc 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.