TMX Finance LLC Complaint: Problems when you are unable to pay

#1373001 13 May 2015

Consumer Loan Installment loan

Complaint #1373001 submitted on 05/13/2015 relating to TMX Finance LLC. Complaint relates to Consumer Loan Installment loan - Problems when you are unable to pay .

Complaint was submitted via Web and sent to the company on Wednesday 13th May 2015.

Narrative (may be redacted).

I took out a loan with instaloan around the end of 2014. I made a few payments but could n't keep up. They loan company rolled over my loan to a new XXXX with old payment/interest attached to close previous loan and renew it.
Now on my credit report it shows I have XXXX loans open with them when in fact i have only XXXX.
I called Instalon and stated loans were being rejected to help pay off their loan because of being overextended for XXXX. I requested they report the XXXX loan as being closed ( is showing up as XXXX seperate loans ) and a new loan was created. They stated they could not do that and that XXXX loans would show until total loan of {$800.00} was paid. Credit report shows {$600.00} and {$800.00} loans from them which is not correct.
They are reporting misleading information to credit bureaus.Also refused to participate in debt consolidation.

Company TMX Finance LLC
Complaint ID 1373001
Date Received 05/13/2015
Product Consumer Loan Installment loan
Issue Problems when you are unable to pay
State/ZIP Code GA 312XX
Consumer Consent Consent provided
Company Public Response
Company Response To Customer Closed with explanation
Submitted Web 05/13/2015
Result Timely Response: Yes, Consumer Disputed: No
 

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