LoanMe Inc

I received a letter dated April 17th, and not received until April 21st, from this particular company in regards to a settlement offer, which seemed straight forwardIt stated that the agreement had to be made by April 28th for the agreement to be active (not an initial payment)I called to agree to the settlement offer on April 27th and made a payment towards the May 1st payment due to the letter stating all payments are due the concurring 1st of each monthToday, May 8th as I was reviewing my email, and noticed I received an email reflecting that I was past due,so I called the company to ensure that I did in fact pay and to correct the issue at hand
Please note-I have had this happen to me a couple times before with the same company of where the payment made in the month before it was due was credited towards the present month instead of the allocated future month After calling to correct the discrepancy, the customer service rep stated the agreement had to be made by Apr

I received a denial letter from the company concerning an applicationI did not go forward with the application but meanwhile they without my consent continued the application (based on the email denying me) when I changed my mind before completing the applicationReached out to the company by email and received no responseVery shady practice

I found myself in a rare situation in being cash poor when a parent had a heart attackNot knowing any better, I borrow money from LoanMe, knowing I'd pay it back in two automatic paymentsI received the funds, paid the loan back in the two automatic payments, received paperwork stamped in full and then received an overpayment refundSuddenly, over the past week I've experienced over collection phone calls in days and threatening emails stating they are trying to collect a debt and I owe moneyRepeated requests to speak to a manager fell upon deaf ears until I threatened to report them to the Revdex.com and to file a harassment lawsuitI'm still waiting for resolution and am very worried they will leave a black mark on my credit reportSTAY away from this shady, underhanded, unprofessional crooked business

The company stated they would run a soft credit pull instead they ran a hard pull which affected my credit drasticallyI emailed them several timesThe gentlemen who I spoke to originally said he was sorry and that he would speak to his supervisor and take care of the mistakeNothing has been done!!

I have took a loan from LoanMeAccording to my contract they withdraw my monthly payment every first of the monthThey have commuted a breach to the contract by withdrawing the monthly payment on the 29th instead of the firstAs a result I wasn't able to make a purchase and lost a $10,job

I took out a loan and I feel that I am be taken advantage of I have paid almost the same amount of interest as the loan already or more but I still owe the same amount of money and I’ve never missed a payment This is insane how can this be legal praoin America

I've been charged high interest and they wouldnt work with me on the long run now they are going to garnish my wages and now I might have to live in the streetsShame on loan me!!!!

Breach of the loan contract Loan me has overcharged feesContract asserts $insufficient funds plus another $AFTER days All fees aforementioned have confirmation numbers for they were sent to LOAN ME
Post Date Check Description Debit Credit Status
06/15/ MISCELLANEOUS DEBIT LOANME ***..***
06/22/ ShareDraft ***  Posted
05/25/ LOANME 8447..***
05/15/ LOANME ***..*** Posted
04/27/ Share Draft ***..*** Posted
04/25/ ShareDraft *** Posted
04/17/ DC LOANME, Ref:24473..*** Auth:PurchDate:04-16- Posted
04/16/ MISCELLANEOUS DEBIT LOANME 8447..*** EN-RETURNED ITEM UNPAID Posted
03/30/ LOANME ***..*** Posted
03/25/ LOANME ***

I called loan me on 1/7/to get a payoff for my loan last time I had it check was on 1/6/it was so I had a check in that amount when I called them they told me my loan went up to in one day then I was told that it would go up every day 110% I might understand if it went up every month maybe but every day THAT is really BAD this company has to be ran by crooks they need to be STOPI will be contacting my government about this

Hello I have been the Loan Me company for a year now and they haven't dropped my balance, my interest rate is 135% and the payments I'm making is $monthlyI've been talking to them to about fixing my balance and my interest rate but haven't resolved itThey said they can't do it because I already made a contract with them and they can't help meI'm really upset

A horrible companyI consolidated my debt through a debt relief companyThey at some point filed a small claims case after refusing to negotiate or just set up paymentsThe case was servedThen settled the following MondayI made my first payment according to the settlementThey then still went into court unbeknownst to me after having settled and got a default judgmentThey had already received their first payment! Very unethicalStay away from this companyI’m working now to get the judgment vacated based on their unethical conduct I wouldn’t even give them one star!

I reached out to obtain a loan with this companyI went through all the hoops they needed me to (by the way the rep I dealt with was great Terence C) and then they come back with a declineOk, fine I was declined but they refused to disclose why I was deniedTerence told me they only send out letters but refuse to tell the agents why there was a decline, even when he customer was demanding to know why they were declinedThis is unacceptableI did everything they required of me and then decline me without any explanationNot OkStay away, their interests rates are sky high anyway

I called loanme to ask about getting a loan for a home improvement project I specifically asked about their fees and interest ratesI was told that they would need my credit information and they call back the following day and let me know what was available for me They called back the following day and offered me a totally ridiculous loan with an enormous initiation fee and very high interest rateI told the representative that the fees and interest was way too high and I wasn't interestedThe representative call back a few times and tried to get me to agree to getting this loan by discussing various pay back options which all amounted to a very bad dealA day later, I started getting emails saying that my loan application was being processedNow here it is a month later I get a letter stating that my loan is being rejectedI specifically told the representative that I was not interested in doing business with his company but he submitted a loan application anywayI don't appreciate an unnecessary loan inquiry on my credit especially by a company that is obviously ingauging in predatory lending tacticsBuyer beware of loanme

LoanMe has helped me pay off my credit cardsBig thanks to Robert Reyes, a Senior Loan Agent from LoanMe for accommodating my needs and walking me through the processHuge helpVery quick and friendly serviceThe process was also a walk in the parkAgain, Thank you to Robert and the LoanMe team!

I called and applied for a loan in the amount of $on 5/1/and was given an pre-approval within the next hour I submitted all requested documentation i.ebank statements, ID, pay stubs, cancelled check and references only to be turned down with no reasonI'm very dissappointed with the way and timing in regards to how this was handled

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID ***, and have determined that this proposed action would not resolve my complaint. For your reference, details of the offer I reviewed appear below
I took the LoanMe loan on the assurance that I could pay it back at any time easily. And that proved to be far different than what they offered. I asked them multiple times in my recorded audio statement
Regards,
*** ***

LoanMe, Incis a predatory company under the guise of providing fair small business loansThe interest rates that LoanMe charges are criminal at best! Imagine taking out a loan for 15K, but LoanMe only funds 13K but charges you as if they funded the full amount?
But that's not the kicker, remember that interest rate I mentioned about being criminal? After my phone call with LoanMe, they are stating after a one plus year of consistent payments without fail, I still according to their records has a whopping payments left????? those payments comes out to a whopping "$91,536.30"!!!!!!!! There was no disclosure of terms, interest rates, or how the amount being paid monthly don't come close to covering the principle!!!!!
Criminal as I said before, steer clear of LoanMe at all costs!

LoanMe,
Inc(“LoanMe”) is in receipt of the above reference complaint, and we welcome
this opportunity to respond to help clarify and resolve the matterPlease
allow this to serve as our formal response
Our
records indicate that the customer agreed to an unsecured
consumer installment
loan on March 25, 2015, which included the funded amount of $3,minus a
$origination feeA review of the customer’s payment history reflects
that she was more than days past due, and a charge off was reported to the
appropriate credit reporting agency
Based on
our research of the complaint, we reviewed the original application, as a part
of the investigation, as well as our records and telephone conversations, all
of which are recordedWe have confirmed that our customer provided sufficient
identification information to confirm that she was the applicant that applied
for and obtained a loan from LoanMe, including state issued identificationBy
using a third-party bank account verification system, we have confirmed that
the funds were deposited into an account that is owned and controlled by our
customerIn addition, each approved applicant in this program is required to
sign a Promissory Note and Disclosure Statement, prior to fundingThe
applicant signed the document electronically in compliance with the Electronic
Signatures in *** and *** commerce Act (E-SIGN)
LoanMe
reports to the credit-reporting agency (***) on a rolling 30-day period,
and as a result, the customer’s account would only be viewable on an ***
credit reportIt is the policy of LoanMe to ensure that all information
provided to the credit reporting agencies is accurate and free of errorsIt is
also the policy of LoanMe to promptly respond to any inquiries regarding the
accuracy of credit reporting promptly and in accordance with the Fair Credit
Reporting Act (“FCRA”)If this customer
asserts that the loan was obtained through fraudulent means, she should file a
police report with the appropriate local law enforcement agency, and she should
provide a copy of the filed police report to the company below
Please
be advised that LoanMe no longer services her loanThe customer’s payment
became more than days past due, and the loan was charged off on September 01,
2015, as a resultThe loan was then sold to *** Corporation, on September
22,
Upon
receipt of this complaint, LoanMe has forwarded her concerns to ***
Corporation for their reviewAny further questions or concerns regarding the
loan should be referred to *** Corporation and they may be contacted
directly at ###-###-####, or at the following address:
***
Corporation
*** ** *** ***
*** ** ***
In
closing, we would like to thank you for this opportunity to respond, and hope
that we have helped to clarify the matter for our customer regarding the
statements she made in her complaint

Terrible company, I was guaranteed my address situation would not be in issueI brought this up in the FIRST MINUTE OF THE CALLI did not want to waste my time, have my credit checked, information ran, etc if me being a traveling sales agent was an issueI was assured it was notweek later of back and forth calls, getting my hopes up, giving private information, time on the phoneand what do you know
Denied because of the address issue!
THAT IS EXACTLY WHAT I WAS TRYING TO AVOID WHEN I BROUGHT IT UP IN THE FIRST MINUTE OF THE QUALIFYING CALL!!!
Get a loan elsewhere
these people come off extremely rude and condescending
NOT PROFESSIONAL AT ALL
MOST LIKELY A SCAM
STAY AWAY!!!!!

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID ***, and have determined that this proposed action would not resolve my complaint. For your reference, details of the offer I reviewed appear below
Regards,
*** ***