Payday loan, title loan, or personal loan -- Can't stop withdrawals from your bank account -- Complaint #7034334

Complaint Overview

Complaint ID: 7034334

Company: Rosebud Economic Development Corporation

Product: Payday loan, title loan, or personal loan

Sub-Product: Payday loan

Issue: Can't stop withdrawals from your bank account

State: Illinois

ZIP Code: 60169

Date Received: 2023-05-26T12:00:00-05:00

Date Sent to Company: 2023-07-03T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

This loan 's interest rate is well beyond what is legal in my state. I have made several payments towards it but I did not realize the loan was illegal in my state.

Frequently Asked Questions

What is Complaint #7034334 about?

Complaint #7034334 was filed against Rosebud Economic Development Corporation regarding Payday loan, title loan, or personal loan specifically about Can't stop withdrawals from your bank account. It was received by the CFPB on 2023-05-26T12:00:00-05:00.

How did Rosebud Economic Development Corporation 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 Rosebud Economic Development Corporation?

Yes, visit the Rosebud Economic Development Corporation company profile at readthecomplaint.com/company/rosebud-economic-development-corporation 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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