Red Rock Tribal Lending Complaint: Can't stop charges to bank account

#1705989 16 Dec 2015

Payday loan Payday loan

Complaint #1705989 submitted on 12/16/2015 relating to Red Rock Tribal Lending. Complaint relates to Payday loan Payday loan - Can't stop charges to bank account Can't stop charges to bank account.

Complaint was submitted via Web and sent to the company on Wednesday 16th December 2015.

Narrative (may be redacted).

I was in need of money and I decided to get a payday loan, but I made the mistake of doing it online. I got matched with multiple lenders and they called me in the first stage with what they had to offer. I renewed a little later again with them since I almost lost all my money paying it back to them. So, now I am short of money again and I re-borrowed. The interest rates they have and the number of loans are prohibited by the State of Indiana. Also, these loans and their companies are illegal and not licensed in State of Indiana. I talked with XXXX ( XXXX ). They said these are illegal practices. They suggested I close my bank accounts and call out these lenders who get people sucked into traps like this when they can not actually even offer or enforce these based on the State Laws. XXXX suggested that I log a complaint against such institution here at cfpb Companies are listed as below : CastlePayDay - {$1500.00} https : //www.castlepayday.com/

Company Red Rock Tribal Lending
Complaint ID 1705989
Date Received 12/16/2015
Product Payday loan Payday loan
Issue Can't stop charges to bank account Can't stop charges to bank account
State/ZIP Code IN 462XX
Consumer Consent Consent provided
Company Public Response
Company Response To Customer Closed with explanation
Submitted Web 12/16/2015
Result Timely Response: Yes, Consumer Disputed: No
 

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