Payday loan, title loan, or personal loan -- Charged fees or interest you didn't expect -- Complaint #5524039

Complaint Overview

Complaint ID: 5524039

Company: Mcburberod Financial, INC. D/B/A Seedfi

Product: Payday loan, title loan, or personal loan

Sub-Product: Payday loan

Issue: Charged fees or interest you didn't expect

State: South Carolina

ZIP Code: 29745

Date Received: 2022-05-01T12:00:00-05:00

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

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

They loaned me XXXX and started a savings you can unlock after you pay off the XXXX and XXXX in the savings I didnt realize they were charging me XXXX annul percentage interest on the full XXXX not just the XXXX they loaned when I asked them if they could just pay off the loan with the money I never received they refused their newest solution is I pay my next payment and let my account go 30 days past due and then they will close it

Frequently Asked Questions

What is Complaint #5524039 about?

Complaint #5524039 was filed against Mcburberod Financial, INC. D/B/A Seedfi 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 2022-05-01T12:00:00-05:00.

How did Mcburberod Financial, INC. D/B/A Seedfi 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 Mcburberod Financial, INC. D/B/A Seedfi?

Yes, visit the Mcburberod Financial, INC. D/B/A Seedfi company profile at readthecomplaint.com/company/mcburberod-financial-inc-d-b-a-seedfi 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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