Payday loan, title loan, or personal loan -- Problem with the payoff process at the end of the loan -- Complaint #6571430

Complaint Overview

Complaint ID: 6571430

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

Product: Payday loan, title loan, or personal loan

Sub-Product: Personal line of credit

Issue: Problem with the payoff process at the end of the loan

State: Pennsylvania

ZIP Code: 186XX

Date Received: 2023-02-14T12:00:00-05:00

Date Sent to Company: 2023-03-13T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Older American

Consumer Narrative

Seeded started A XXXX XXXX XXXX account where they were taking XXXX dollars out of my checking account every other week.The account has matured and they are giving me a hard time about vetting my money back.They gave me a so called loan for XXXX XXXX but it works in reverse I never saw a dime of the loan but I was paying money into an account that I never had access to.

Frequently Asked Questions

What is Complaint #6571430 about?

Complaint #6571430 was filed against Mcburberod Financial, INC. D/B/A Seedfi regarding Payday loan, title loan, or personal loan specifically about Problem with the payoff process at the end of the loan. It was received by the CFPB on 2023-02-14T12:00:00-05:00.

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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