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Ripoff Report | LLC ANDERSON FINANCIAL Review - Kansas city,
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Report: #814236

Complaint Review: LLC ANDERSON FINANCIAL - Kansas city Kansas

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  • Updated:
  • Reported By: CeCe — Kansas City Kansas United States of America
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  • LLC ANDERSON FINANCIAL 4949 State ave KC, KS 66102 Kansas city, Kansas United States of America

LLC ANDERSON FINANCIAL LoanMax This company is preying on the low-income people, the loan is easy to get but difficult to pay back due to the excessively high interest rate! I got a loan of $800.00 and had to pay $150.00 a month in Kansas city, Kansas

*Consumer Comment: What was the interest rate on the agreement you signed?

*Consumer Comment: No.

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This company is ridiculous! The interest rates are excessively high and they know it! They need to stop these predatory lending companies because they are hurting more than helping. I took out a loan of 800 and had to pay interest of 150 a month and that did not touch the loan at all. When I wasn't able to pay due to part time work, I couldn't possibly pay any thing. I started receiving excessive calls and then they sicked a process server on me via telephone stating that I have warrants for this matter! He said that when the police pulled me over that I would go to jail! Is that legal????!!!!

This report was posted on Ripoff Report on 12/27/2011 09:20 AM and is a permanent record located here: https://www.ripoffreport.com/reports/llc-anderson-financial/kansas-city-kansas-66102/llc-anderson-financial-loanmax-this-company-is-preying-on-the-low-income-people-the-loan-814236. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
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2Consumer
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#2 Consumer Comment

What was the interest rate on the agreement you signed?

AUTHOR: Ken - (USA)

POSTED: Monday, January 09, 2012

Did it change after you signed it?

You can't afford the loan and now are unhappy because they are trying to get their money back...which you agreed to repay at designated times and amounts.

While I would generally agree the rates are probably in the triple digits, YOU knew this going in and signed anyway....right?

"They need to stop these predatory lending companies because they are hurting more than helping."

Great idea, genius, then you and others like you (deadbeats) will have NOWHERE to borrow.

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#1 Consumer Comment

No.

AUTHOR: Tsancho - (USA)

POSTED: Monday, January 09, 2012

They are lying too you, most they could do is put a lein on your car.  And never deal with a secondary collection agency. 

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