Payday loan, title loan, or personal loan -- Problem with additional add-on products or services -- Complaint #6432938
Complaint Overview
Complaint ID: 6432938
Company: Mcburberod Financial, INC. D/B/A Seedfi
Product: Payday loan, title loan, or personal loan
Sub-Product: Installment loan
Issue: Problem with additional add-on products or services
State: Alabama
ZIP Code: 35805
Date Received: 2023-01-12T12:00:00-05:00
Date Sent to Company: 2023-01-12T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I have a loan with SeedFi, which I signed a contract with back in XX/XX/2021. However, SeedFi has recently sold the debt over to its partner XXXX. This has given me nothing but problems ever since because I signed a contract with SeedFi to make payments and not XXXX. I have had difficulties making payments through the XXXX website. I don't even trust XXXX as it does not sound legitimate, and I do not feel comfortable submitting payments to them. In addition, XXXX XXXX/SeedFi has reported me delinquent to the credit bureaus.
Frequently Asked Questions
What is Complaint #6432938 about?
Complaint #6432938 was filed against Mcburberod Financial, INC. D/B/A Seedfi 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 2023-01-12T12:00:00-05:00.
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.