Payday loan, title loan, personal loan, or advance loan -- Charged fees or interest you didn't expect -- Complaint #8319509
Complaint Overview
Complaint ID: 8319509
Company: Crow Creek Sioux Tribe
Product: Payday loan, title loan, personal loan, or advance loan
Sub-Product: Payday loan
Issue: Charged fees or interest you didn't expect
State: Texas
ZIP Code: 75082
Date Received: 2024-02-09T12:00:00-05:00
Date Sent to Company: 2024-02-09T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I tried to borrower {$3000.00}. I was directed to this site and it initially said 3-35.5 % interest. When I filled out the loan app it came back at {$2500.00} for 35.5 % interest. I agreed because I knew I was paying it off with my XXXX paycheck. When I received the contract to sign, the interest rate was changed to 538.42 %!!! The re-payment schedule was {$510.00} bi monthly for the next 16 months! A total of {$16000.00} to borrow {$2500.00}! The BIGGEST issue to me is that I was quoted 35.5 % interest. NOT 538.42 %! What if I had just trusted them and signed without reading the fine print and all documents? I did NOT sign but wanted to report because I feel strongly that this is predatory lending!
Frequently Asked Questions
What is Complaint #8319509 about?
Complaint #8319509 was filed against Crow Creek Sioux Tribe regarding Payday loan, title loan, personal loan, or advance loan specifically about Charged fees or interest you didn't expect. It was received by the CFPB on 2024-02-09T12:00:00-05:00.
How did Crow Creek Sioux Tribe 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 Crow Creek Sioux Tribe?
Yes, visit the Crow Creek Sioux Tribe company profile at readthecomplaint.com/company/crow-creek-sioux-tribe 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.