445 views
New Reviewer
0 comments
stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
1.0

Wife got a loan on some furniture, she paid it off in 90 days, she then a year latter or so bought a 20 year adversary ring that was about $2400.00 she paid for the payments for 4 years. The amount never dropped until I went by one day and paid almost a $1000.00 it dropped from $4200.00 or so down to $3200.00 at this point she had paid them well over $10000.00 on this loan 3 months latter the balance was back up to over $4900.00 what they do is charge you 35 percent interest rate, but then say your balance is $3000.00 and your payment is $300.00 a month they don’t just charge you interest they charge interest plus add the whole payment to the loan if you miss it so in one month your balance goes from $3000.00 to $3335.00.

They charge over 1000 % interest rate by doing this. They also have the judges in there pocket. She got a paper to pick up one month from court house that said nothing but check if your guilty. So she didn’t bother with it but did try to settle the account with the local manager, his story was she would have to contact corporate ( Big compout) next day she got a judgement from the court without even having a court date.

Two weeks latter they got over $4900.00 out of our checking account without notice that it was being garnished.

So she paid over $15,000.00 for a $2400.00 loan. Do not use Lendmark for anything!

Reason of review: 1000 percent interest.

Monetary Loss: $4900.

Preferred solution: Full refund.

Lendmark Financial Cons: Manager, Interest rates, Rude obnoxious personeel.

Location: 139 Virginia Ave S, Tifton, GA 31794

Do You Have Something To Say ?
Write a review

Comments

chat-icon

Please avoid publishing any personal information and promotional content

You will be automatically registered on our site. Username and password will be sent to you via email.
Post Comment

Lendmark Financial Reviews

  1. 31 reviews
  2. 9 reviews
  3. 2 reviews
  4. 5 reviews
  5. 2 reviews
Lendmark Financial reviews