Payday loan, title loan, or personal loan -- Struggling to pay your loan -- Complaint #7231405
Complaint Overview
Complaint ID: 7231405
Company: Opportunity Financial, LLC
Product: Payday loan, title loan, or personal loan
Sub-Product: Installment loan
Issue: Struggling to pay your loan
State: Indiana
ZIP Code: XXXXX
Date Received: 2023-07-10T12:00:00-05:00
Date Sent to Company: 2023-08-07T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
This company charges upwards of 160 % interest and I believe it is a scam since the most they can charge is 21 % up to 74 % capped in Indiana per state law. I can not get into my account now and have attached a copy of what their loan papers look like and the interest rates they are currently charging against Indiana State Law.
Frequently Asked Questions
What is Complaint #7231405 about?
Complaint #7231405 was filed against Opportunity Financial, LLC regarding Payday loan, title loan, or personal loan specifically about Struggling to pay your loan. It was received by the CFPB on 2023-07-10T12:00:00-05:00.
How did Opportunity Financial, 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 Opportunity Financial, LLC?
Yes, visit the Opportunity Financial, LLC company profile at readthecomplaint.com/company/opportunity-financial-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.