LoanMe

I I applied for a loan they made me go to the website and put my bank credentials in they looked ar my account and said ok we agree over the phone for 3100.00 we discuss the terms which I have on audio they said it was a done deal then they asked for my visa number they said I can get it either that night but I would need my account to br linked through visa and they could wire it instantly. So I gave them my visa. They said everything was ok. So I get off the phone feeling ok the next day but account was drained and they left a message saying my loan got sent to a different dept that decided to deny it. That's bull the underwriters all ready approved it I signed all documents. I know the responsible for my account fraud and now im worried that have me signing this loan that they will take the money from that then im stuck paying it back. Once we have s signed contract .and they said they sent me the money isn't it illegal not to.

The loan from Loan me is a predatory loan. I need a contact in Maryland that can walk me through what needs to be done to cancel it. THye have been paid in full and made plenty of interest.

The company stated they would run a soft credit pull instead they ran a hard pull which affected my credit drastically. I emailed them several times. The gentlemen who I spoke to originally said he was sorry and that he would speak to his supervisor and take care of the mistake. Nothing has been done!!

LianMe is very unprofessional. Their customer service have no clue about the loan I took and can’t explain why the interest are so high. The loan should be lowered. I paid a higher payment plus the automated payment. The loan stayed higher then it should be when I made the additional payment. I fell taken advantage of, robbed is the word!!

I had a loan with Loan me for the amount of $3,025.00 USD and I was paying on time, one month a was late on my payment and Loan Me sold my loan to a third party when the loan had 2 more payments left for 700.00 USD now aparently I owe the original amount. I find this absurd, I contacted Loan me to tell them that I would pay the resting amount but very negative and firm on their stand said no.

I need extra money, and my credit scores weren't that great. I went online and found this loan company LoanMe. It was the biggest mistake that I have ever made. I took out the loan in July 2016. It was for $3100. My payments started at $366.05 a month. Then I could no longer afford that amount, so I started paying $272, As of today, November 2018, after two years, the principal on this loan is $2,554.21. I called to get a pay off amount today for Monday, and I was told that the pay off would be $2,897.17. I asked them how could this be. I did not understand anything the guy said. I told him that this has to be unethical and illegal and hung up. I do not understand how could have a loan that I got in July 2016 for $3100 would have a payoff of $2897.17 in November 2018 when I have been making payments of originally $366 and now $272. I know that I should never use companies like this, but this has to be illegal. The way they are doing this loan, it would take forever to pay off. Also, after two years only 600 has gone to the principal. Also, how could the principal balance be $2,554.21 and the pay off would be $2,897.17? This makes no sense, and I could not understand all the fees and interest charges that the person was alluding to. I also did not know that the loan does not have a term. I thought it two years it would be paid off.

I did not understand these terms an would never have signed up to something like this. I was just in a car accident and needed money to pay bills. My credit score is fair now that I can get a loan at a bank. I wanted to try to get money to pay this off but do not want to pay what this is showing. It is not right.

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 $296 monthly. I've been talking to them to about fixing my balance and my interest rate but haven't resolved it. They said they can't do it because I already made a contract with them and they can't help me. I'm really upset.

I received a personal loan from an Online lender in December of 2016. Down loaded loan specifics and it stated that I had purchased Future Investment Payments and was obligated to repay my $2500 loan in 47 payments at the amount of $294.46. IRS charged me with failure to report the $2500 loan as income. The loan note from LoanMe Inc. states my annual percent rate of 139.113%. Finance charges of $11,519.32 for an amount financed of $2,525.00.
I also received via the IRS response a letter dated June 6, 2018 from FAW *** claiming the sale of FIP. My loan application was a minor emergency as I was leaving the country and contact with lender was primarily on the phone after my online application. FAW *** shows Transaction Details and the seller is ME? It indicates a Pension Company as Department of Veterans Affairs for payments to FIP $300 monthly payments for 60 months. I began payments Jan 2, 2016 and have made payments for over two years.

The reason for my writing is that this company is being unreasonable, I am a fire fighter who sustained severe injury following a fall in early 2016. Due to the injuries I sustained, I was unable to work for nearly a year and a half. I suffered emotional stress and developed Post-Traumatic Stress Disorder and couldn’t function mentally. My condition was so bad that I could not manage my finances. Due to my emotional state, I had to get a debt management company to do this on my behalf. The debt management company resolved and settled all the accounts that were late.

As a result, I notified this company about the situation attaching a Doctors letter as proof of injury to support my claims, requesting removal of the late payment history since it was never my intention to be late. But to my surprise, this company has refused to cooperate and still keeps all the data that I had requested to be removed.

Again I request that the late payment history of this account be deleted as soon as possible.

This company is a joke. First off, they prey on people with bad credit by charging a whopping 135% APR. Luckily, it was only a loan until I got paid, so I wasn't charged an exorbitant amount of interest. My complaint is with their customer service department. First off, half the people I talk to had no idea what they were doing. I was constantly asking for a supervisor. Second, I overpaid on my loan by $100. I called on Monday and spoke to a woman who told me it would be 2-3 business days until I was refunded. It is now Friday and I am not refunded. So I called again and spoke with someone who had no clue what she was talking about and kept asking me what date I paid the loan off. I had her transfer me to a supervisor. This supervisor told me that it would be 10-15 business days before I am refunded because they are sending me a paper check. He said if I wanted it sent sooner I would have to pay a wire transfer fee of $12. How ridiculous is that? What kind of business CHARGES someone who has paid them INTEREST for a REFUND?! So now I am out $100 for another 10-15 business days which means it could be 30 calendar days. This is not how they should treat a customer that just paid off a $3,100 loan IN FULL within the first month of getting it. They need to properly train their customer service people to give the right information. I was given FALSE information about when I would receive my refund. I have never heard of a company waiting 10-15 business days to refund via papercheck. It is 2018.

I have stmts from Aug and zSept 2018 showing a total balance due of $500. I was late. Now they are saying they sold it to a 3rd party collector in an amt of over $5000. This is total robbery, I am able now to make the $500 pymt. My original loan to them was only $3100, of which I have already paid over $5000 due to interest, etc. And I've been paying over a year. They are charging an additional $5000 because I was late and did not pay the $500 by Sept 15. This should be completely illegal.

I have took a loan from LoanMe. According to my contract they withdraw my monthly payment every first of the month. They have commuted a breach to the contract by withdrawing the monthly payment on the 29th instead of the first. As a result I wasn't able to make a purchase and lost a $10,000 job.

LoanMe was provided my contact, and personal information by a Utah firm named Lendio. LoanMe accessed by credit report on Equifax without my permission. This was a soft, and hard pull without my authorization.

I was contacted by individuals by the name of: Jermane *** and Naisha *** by both telephone and email. These individuals claim to be employees of LoanMe.

I did return a few employees think that this was a lender for Small Business. Instead, after reading hundreds of negative reviews, LoanMe is a Predatory Lender located in the State of California charging small business customers, and consumers loan rates of 300-500%.

When Naisha *** contacted me she did not disclose that I was being recorded. California is a two-party State and both the party recording, and myself must agree to being recorded. Naisha never closed this warning.

Instead she had all of my personal information and asked to run my credit. At that point I DID NOT GIVE MY AUTHORIZATION. I immediately contacted Lendio and told them to stop providing my personal information to anyone.

I also emailed both Jermane *** and Naisha *** and put them on notice of the same.

LoanMe, Inc. is a predatory company under the guise of providing fair small business loans. The 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 106 payments left????? those 106 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!

my fault for using this company but I was in a bind. $10K personal loan was quickly approved which I suspect is typical. They were up front about the high interest rate and the total cost of the loan. What they were absolutely not up front about nor did they even mention is that the interest payments are more front end loaded than a mortgage. After 26 months of payments at $826 per, my principal had reduced a whopping $74. With on-going accumulated interest, my final payoff was still over $10,100.

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 streets. Shame on loan me!!!!

Complete SCAM artists!! They charge 180% interest so even though I pay $543 a month, only .27 CENTS goes towards the principal amount. And they don't let you borrow less than $2600 so you're literally screwed. Then, they posted an unauthorized charge of $2600 to my account WITHOUT MY PERMISSION! Since I didn't have that money in my bank acct (obviously, thats why I'm borrowing) the bank returned the $2600 and LoanMe charged a return payment fee, they are CRIMINALS and it's even illegal to charge 180% interest. I'm getting a lawyer now and am taking them down!!!!

I have a payday loan with Transpacific Currency Services on Redhill, Tustin, CA. I asked about their loan products. They usually recommend LoanMe. I hesitated because I've had problems with their ethics practices. They're unscrupulous. The staff assured me they claimed they will work w/TCS customers. Their clients don't have stellar credit with FICOs above 610. Their incomes are typically less. Mine is better but my FICO is low. At their suggestion & great reluctance I applied on 7/19/18. You have to do it directly w/LM by phone. I spoke to Natalie at 5:30 PM @ (888) 891-***. She said she was unable to get my app to go thru, had no idea why, would talk to her supervisor (at my insistence for a reason as to why) & call me back before she left at 6 PM. She never did! No surprise. I told TCS of my experience. They were shocked because that isn't what they were told. They are being asked to promo LoanMe's product to their clients. All LoanMe is doing is clocking numbers, running inquiries on consumers credit w/Experian which depletes your already not good FICO down by 10 points for 2 solid yrs. & you still get declined! They're a numbers based business playing a game w/consumers time & lives. TCS was unable to comment because they were lied to by LoanMe's sales rep just to get the business. LoanMe is not capable of supplying loans to TCS customers, their FICOs & incomes are too low. LoanMe payments are incredibly high & are per pay period w/interest only for months before anything goes to principal. I called again on 7/20 & s/w Maurico, supervisor. He said my app didn't go thru because the system has me blocked because I filed a Revdex.com complaint in 2015 for their practices which were worse than recent events. Each time I applied (3 times) they never sent a Reg B letter. Claimed to but never did even though they had correct info. Instead of trying to change my mind about them, they black balled me & never told me that or why. I had to persist to find out about it!

I took out a loan a few months ago of $2,600, I sent in a payment of $2,598 to pay it off and they are still charging me $298 because of interest charges. I dont think thios is appropiate, I would like my money back.

I filled out a application with LoanMe two days ago. The two agents I dealt with was very unprofessional. Raul De *** and Cynthia ***. Raul switched me to Cynthia, dealing with me. I called to speak to the supervisor Johnny. I was told he was at lunch. I called back in 30 minutes and the representative said, Johnny who. I was getting the run around. She kept on saying, I can send you to Cynthia. I said I would like to speak to Johnny. I was switch to her voicemail. I left a message an hour ago. I will wait for his call. Online it stated I have a loan with them. I called, Lee answered the phone and stated I was declined. I am trying to get to the bottom of this. I wonder why it saying I was approved and the representatives telling me I was declined.