Payday loan, title loan, personal loan, or advance loan -- Struggling to pay your loan -- Complaint #9778031
Complaint Overview
Complaint ID: 9778031
Company: Marlette Funding, LLC
Product: Payday loan, title loan, personal loan, or advance loan
Sub-Product: Installment loan
Issue: Struggling to pay your loan
State: Florida
ZIP Code: 32824
Date Received: 2024-08-11T12:00:00-05:00
Date Sent to Company: 2024-08-11T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I have called and messaged the company to reduce my monthly payment as I have lost my job. The company told me that I can stop making payments until an XXXX but Interest accrues every day so now I owe more than I borrowed. I lost my job and am barely making it, if I cant pay the loan I cant pay the accruing interest. This seems like a very unfair and unethical practice.
Frequently Asked Questions
What is Complaint #9778031 about?
Complaint #9778031 was filed against Marlette Funding, LLC regarding Payday loan, title loan, personal loan, or advance loan specifically about Struggling to pay your loan. It was received by the CFPB on 2024-08-11T12:00:00-05:00.
How did Marlette Funding, 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, personal loan, or advance loan) and describe your issue in detail.
Can I see other complaints against Marlette Funding, LLC?
Yes, visit the Marlette Funding, LLC company profile at readthecomplaint.com/company/marlette-funding-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.