Holiday Financial Services

[redacted] Revdex.com [redacted] ***Complaint # [redacted] ***r,Please see our response below regarding Complaint # [redacted] filed 9-19-2015: Holiday Financial Services Corporation offers Credit Involuntary Unemployment Insurance in connection with its consumer loansThe credit insurance is voluntary in nature and not a requirement to obtain credit with our companyIn this instance, the borrower obtained the loan August 14,and became unemployed some months later in The borrower would not have qualified for benefits under this credit insurance as it is our understanding the unemployment for the period claimed, was not deemed involuntary through the initial filing with the Pennsylvania State Unemployment Compensation Office and upheld in a subsequent appealHoliday Financial Services Corporation attempted to contact the customer on numerous occasions to discuss the claim situation and completing the process but was unable to get all the necessary documentation to properly file the claim with the involuntary unemployment insurance companyThe single premium, paid at the inception of the loan, on this particular loan was $and not $as stated in the complaintThe single premium covers the entire loan which in this case was $2,over an eighteen (18) month period.If you need anything further do not hesitate to contact our offic.Joseph PS [redacted] PresidentHoliday Financial Services Corporation

*** ***Revdex.com*** *** *** *** *** ** ***Complaint #*** ***r,Please see our response below regarding Complaint #*** filed 9-19-2015: Holiday Financial Services Corporation offers Credit Involuntary Unemployment Insurance in connection with
its consumer loansThe credit insurance is voluntary in nature and not a requirement to obtain credit with our companyIn this instance, the borrower obtained the loan August 14,and became unemployed some months later in The borrower would not have qualified for benefits under this credit insurance as it is our understanding the unemployment for the period claimed, was not deemed involuntary through the initial filing with the Pennsylvania State Unemployment Compensation Office and upheld in a subsequent appealHoliday Financial Services Corporation attempted to contact the customer on numerous occasions to discuss the claim situation and completing the process but was unable to get all the necessary documentation to properly file the claim with the involuntary unemployment insurance companyThe single premium, paid at the inception of the loan, on this particular loan was $and not $as stated in the complaintThe single premium covers the entire loan which in this case was $2,over an eighteen (18) month period.If you need anything further do not hesitate to contact our offic.Joseph PS***PresidentHoliday Financial Services Corporation

*** ***Revdex.com*** *** *** *** *** ** ***
Complaint #***
*** ***r,Please see our response below regarding Complaint #*** filed 9-19-2015:
"white-space:pre"> Holiday Financial Services Corporation offers Credit Involuntary Unemployment Insurance in connection with its consumer loansThe credit insurance is voluntary in nature and not a requirement to obtain credit with our companyIn this instance, the borrower obtained the loan August 14,and became unemployed some months later in The borrower would not have qualified for benefits under this credit insurance as it is our understanding the unemployment for the period claimed, was not deemed involuntary through the initial filing with the Pennsylvania State Unemployment Compensation Office and upheld in a subsequent appealHoliday Financial Services Corporation attempted to contact the customer on numerous occasions to discuss the claim situation and completing the process but was unable to get all the necessary documentation to properly file the claim with the involuntary unemployment insurance companyThe single premium, paid at the inception of the loan, on this particular loan was $and not $as stated in the complaintThe single premium covers the entire loan which in this case was $2,over an eighteen (18) month periodIf you need anything further do not hesitate to contact our officJoseph PS***PresidentHoliday Financial Services Corporation

[redacted]Revdex.com[redacted]Complaint #[redacted]r,Please see our response below regarding Complaint #[redacted] filed 9-19-2015: Holiday Financial Services Corporation offers Credit Involuntary Unemployment Insurance in connection with...

its consumer loans. The credit insurance is voluntary in nature and not a requirement to obtain credit with our company. In this instance, the borrower obtained the loan August 14,2014 and became unemployed some months later in 2015. The borrower would not have qualified for benefits under this credit insurance as it is our understanding the unemployment for the period claimed, was not deemed involuntary through the initial filing with the Pennsylvania State Unemployment Compensation Office and upheld in a subsequent appeal. Holiday Financial Services Corporation attempted to contact the customer on numerous occasions to discuss the claim situation and completing the process but was unable to get all the necessary documentation to properly file the claim with the involuntary unemployment insurance company. The single premium, paid at the inception of the loan, on this particular loan was $127.63 and not $800.00 as stated in the complaint. The single premium covers the entire loan which in this case was $2,610.00 over an eighteen (18) month period.If you need anything further do not hesitate to contact our offic.Joseph P. S[redacted]PresidentHoliday Financial Services Corporation

Review: when taking out a loan with Holiday Financial they have you take out unemployment insurance. They collect the premium with each payment but the insurance does not pay in the event of unemployment. It is nothing more than a way to collect money for something that they know will not payDesired Settlement: This insurance should not be manatory and if it is thde company should do as the insurance is intended. This is a form of fraud and gives people the sense that they are covered when Holiday knows it will not pay

Business

Response:

[redacted]Revdex.com[redacted]Complaint #[redacted]r,Please see our response below regarding Complaint #[redacted] filed 9-19-2015: Holiday Financial Services Corporation offers Credit Involuntary Unemployment Insurance in connection with its consumer loans. The credit insurance is voluntary in nature and not a requirement to obtain credit with our company. In this instance, the borrower obtained the loan August 14,2014 and became unemployed some months later in 2015. The borrower would not have qualified for benefits under this credit insurance as it is our understanding the unemployment for the period claimed, was not deemed involuntary through the initial filing with the Pennsylvania State Unemployment Compensation Office and upheld in a subsequent appeal. Holiday Financial Services Corporation attempted to contact the customer on numerous occasions to discuss the claim situation and completing the process but was unable to get all the necessary documentation to properly file the claim with the involuntary unemployment insurance company. The single premium, paid at the inception of the loan, on this particular loan was $127.63 and not $800.00 as stated in the complaint. The single premium covers the entire loan which in this case was $2,610.00 over an eighteen (18) month period.If you need anything further do not hesitate to contact our offic.Joseph P. S[redacted]PresidentHoliday Financial Services Corporation