Submit a Complaint

800 Loanmart

United States,
California

Consumer complaints and reviews about 800 Loanmart

restores2020 Send email
 
Nov 9, 2017

Overcharge and trying to do their best to keep account longer

Took a $2600 loan back in 2014 it is now end of 2017.
I've paid over $9,000 for a $2600 loan. I understand I've signed for it. The interest is ridiculously high. They charge $10.00 for any late payment. I have $1,000 left on the Account. My monthly payment is $220. Now that it's close of being done with payments. Loanmart has asked me if I want to lower my monthly payments to around $100.00?
They've sent me a notice of it and I'm willing to accept. It came by surprise they had to refinance my loan and have added more interest and fees to my total. Which it would be around $1600.00. Why would I lower my monthly payments when I only have few payments left. It's absurd! They are doing the best they can to leave the account open longer. Please someone, anyone do something about this. I've told them I'm now accepting it. And they are continuing sending me the same notice over and over to my email so I can possibly change my mind and accept the lower monthly payments so they have collect more money. This company needs to be close immediately.

Complaint Registration Form

    Information of the Company you are complaining about
    Subject of Complaint
    City (optional)
    Complaint Details
    Attach photos (optional)
    Confirmation code

    Submit

         
     

    User Registration

    Already a Complaint Board member? Log in now.
    Username:
    E-mail address:
    Password:
    Code:
    or connect with Facebook

    User Registration

    A confirmation email was sent to "".
    To confirm your account, please click the link in the message.

    If you don't see the email in your Inbox, please check your Spam box.

    User Login

    Not a member of Complaint Board? Register now.
    E-mail address:
    Password:
    Forgot your password?
    E-mail address:
    Back
    Loading, please wait...
    Your password has been sent to the specified email address. Log in
    or connect with Facebook

    User Facebook Login

    Enter Username