Payday loan, title loan, personal loan, or advance loan -- Issues with repayment -- Complaint #7968194

Complaint Overview

Complaint ID: 7968194

Company: Upstart Holdings, INC.

Product: Payday loan, title loan, personal loan, or advance loan

Sub-Product: Other advances of future income

Issue: Issues with repayment

State: Texas

ZIP Code: 75035

Date Received: 2023-12-07T12:00:00-05:00

Date Sent to Company: 2023-12-07T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

On XX/XX/2023, I took out the personal loan of {$50000.00} with 23 % interest rate, being convinced by a scammer. This scammer scammed me with XXXX investment and got me take out loans including the one from Upstart. After I noticed I got scammed, I called Upstart immediately ( on XX/XX/XXXX ) to seek any help they could provide to me. They couldn't lower the interest rate nor help me with their hardship program. Most importantly, even though I explained this loan was related to a scam I experienced, they said they can not do anything with it. Although the fund was arrived in my bank account, it was immediately transferred to blockchain and transferred to the scammer. I am hoping Upstart to reconsider this situation and write off the loans.

Frequently Asked Questions

What is Complaint #7968194 about?

Complaint #7968194 was filed against Upstart Holdings, INC. regarding Payday loan, title loan, personal loan, or advance loan specifically about Issues with repayment. It was received by the CFPB on 2023-12-07T12:00:00-05:00.

How did Upstart Holdings, INC. 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, personal loan, or advance loan) and describe your issue in detail.

Can I see other complaints against Upstart Holdings, INC.?

Yes, visit the Upstart Holdings, INC. company profile at readthecomplaint.com/company/upstart-holdings-inc 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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