Payday loan, title loan, or personal loan -- Charged fees or interest you didn't expect -- Complaint #5278935
Complaint Overview
Complaint ID: 5278935
Company: Minto Financial DBA Minto Money
Product: Payday loan, title loan, or personal loan
Sub-Product: Personal line of credit
Issue: Charged fees or interest you didn't expect
State: Ohio
ZIP Code: 45420
Date Received: 2022-03-02T12:00:00-05:00
Date Sent to Company: 2022-03-03T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
Explained I wasnt explained to that I was going to be charged 766 % interest and principal. I borrowed {$550.00} and have already paid as of today {$910.00}. They said I will have interest daily and that the payoff as if today is {$830.00} and will change tomorrow. Explained to them I didnt understand what I was getting into and if there was something that can be done. They said no.
Frequently Asked Questions
What is Complaint #5278935 about?
Complaint #5278935 was filed against Minto Financial DBA Minto Money 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 2022-03-02T12:00:00-05:00.
How did Minto Financial DBA Minto Money 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 Minto Financial DBA Minto Money?
Yes, visit the Minto Financial DBA Minto Money company profile at readthecomplaint.com/company/minto-financial-dba-minto-money 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.