Payday loan, title loan, or personal loan -- Problem with additional add-on products or services -- Complaint #5238984

Complaint Overview

Complaint ID: 5238984

Company: Paramount Gr Holdings, LLC

Product: Payday loan, title loan, or personal loan

Sub-Product: Installment loan

Issue: Problem with additional add-on products or services

State: Colorado

ZIP Code: 80228

Date Received: 2022-02-18T12:00:00-05:00

Date Sent to Company: 2022-02-18T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

On XX/XX/2022 we were sold solar panels by a company called XXXX; we were told we needed to complete a loan application that same day which I did with GOODLEAP ( which we later found out was not true ). We later learned that XXXX sold us twice as much product as needed at about twice the cost of another solar company. I immediately cancelled the sale with XXXX on XX/XX/2022. I called Good Leap on XX/XX/2022 and also requested they cancel my loan application. I called Good Leap on XX/XX/2022 requesting they cancel my loan application. I called Good Leap on XX/XX/2022 requesting they cancel my loan application. They continue to REFUSE to cancel this loan application ( for over {$80000.00} ). Today I was told by a XXXX XXXX that it is still NOT CANCELLED and she has no intention of cancelling this loan application because they are HOPING I will change my mind. She literally told me " this doesn't hurt you in any way ''. It does hurt me ; they are holding me XXXX. I am not able to work with a different solar company or loan product.

Frequently Asked Questions

What is Complaint #5238984 about?

Complaint #5238984 was filed against Paramount Gr Holdings, LLC regarding Payday loan, title loan, or personal loan specifically about Problem with additional add-on products or services. It was received by the CFPB on 2022-02-18T12:00:00-05:00.

How did Paramount Gr Holdings, 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 (Payday loan, title loan, or personal loan) and describe your issue in detail.

Can I see other complaints against Paramount Gr Holdings, LLC?

Yes, visit the Paramount Gr Holdings, LLC company profile at readthecomplaint.com/company/paramount-gr-holdings-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.

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