Payday loan, title loan, or personal loan -- Struggling to pay your loan -- Complaint #6810248
Complaint Overview
Complaint ID: 6810248
Company: Bliksum, LLC
Product: Payday loan, title loan, or personal loan
Sub-Product: Installment loan
Issue: Struggling to pay your loan
State: Michigan
ZIP Code: 48864
Date Received: 2023-04-07T12:00:00-05:00
Date Sent to Company: 2023-05-09T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I signed a promissory note in XXXX of XXXX, taking out a small {$3000.00} loan. I didnt understand what I was getting myself into, as no loan officer spoke with me. I am being charged XXXX % in interest. Finance charge of {$15000.00}, and again, no one explained to me this was the cost of credit. I signed a promissory note with no guidance from a loan officer and now the debt is in collections and hurting my credit.
Frequently Asked Questions
What is Complaint #6810248 about?
Complaint #6810248 was filed against Bliksum, LLC regarding Payday loan, title loan, or personal loan specifically about Struggling to pay your loan. It was received by the CFPB on 2023-04-07T12:00:00-05:00.
How did Bliksum, 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 Bliksum, LLC?
Yes, visit the Bliksum, LLC company profile at readthecomplaint.com/company/bliksum-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.