Payday loan, title loan, or personal loan -- Struggling to pay your loan -- Complaint #6868594
Complaint Overview
Complaint ID: 6868594
Company: Sulphur Bank Rancheria Enterprises
Product: Payday loan, title loan, or personal loan
Sub-Product: Payday loan
Issue: Struggling to pay your loan
State: Ohio
ZIP Code: 43235
Date Received: 2023-04-20T12:00:00-05:00
Date Sent to Company: 2023-04-20T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
XX/XX/ I was approved for the loan of {$1100.00}. The interest rate is 766.76 % and as I pay, the loan amount continues to increase. I am charged every pay day for this loan. When a missed payment occurs, they threaten to contact my employer for wage garnishment. I have XXXXwo small children that this is greatly effecting. I have contacted the company multiple times to see how to decrease the loan-and there are no options.
Frequently Asked Questions
What is Complaint #6868594 about?
Complaint #6868594 was filed against Sulphur Bank Rancheria Enterprises regarding Payday loan, title loan, or personal loan specifically about Struggling to pay your loan. It was received by the CFPB on 2023-04-20T12:00:00-05:00.
How did Sulphur Bank Rancheria Enterprises 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 Sulphur Bank Rancheria Enterprises?
Yes, visit the Sulphur Bank Rancheria Enterprises company profile at readthecomplaint.com/company/sulphur-bank-rancheria-enterprises 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.