Has anyone ever dealt with Loan Point USA?

when i got the loan they never told me anything about what they are doing. that have been taking 150 out of my account every two weeks and that money hasn't been going to pay the loan just to keep it in good standing and they didn't tell me this till after i paid 750 dollars

Loan Point USA misleads people. After being shady that the loan can be paid down, they are stating that is not their policy; therefore, monies being paid are only to extend the loan. Without checking one has already paid off the loan in just paying the loan extension fees. This is highway robbery. Attorney General need to look into this company

I took out a 400.00 loan. I called them after the window to pay out. When i called them they took a patial payment so i paid 320.00 in two days. During the same call I gave permision to pay off the remaining balance. They didn't take it. They have now received a total of 620.00 from me and continue to debit my account. I have contacted my bank and stopped all transactions from them. They won't take the full payment and were continuing to draft my account.

i understand i have a balance. i am not working and having financial problems. i talked with loanpoint and they said they would take out money on the 4th of march. i agreed. i looked at my account and they have taken more than I agreed on. what can I do? i tried calling and no one seems to answer you have to leave a message. well i am not leaving a message i want only what i agreed on taken out not anymore.

Hi Pf,

You will have to contact the lender somehow and try to resolve the matter. Unless you contact them, you won't be able to get rid of this issue.

Home buyers can makes their own assessments to see if they really can afford to take up a certain mortgage. A home loan calculator, which can be found on most bank websites, is very useful here. It can calculate how much a home buyer can borrow and how much he needs to repay over the course of a certain period of time. However, do note that the figures provided are estimates only. Also, its a good idea to provide a buffer.

[URL Deleted as per forum rules. Thanks.]

got a loan back in dec and the draw 180 twice a month and none of it goes towards loan repayment i can not seem to get in touch with them when i try to log in it says my account does not exist and i cant repay it but they do take the money from my account i guess i have to close my bank account.

Hi telllindam!

Welcome to forums!

If your account does not exist, then you won't be liable for paying the loan. Nevertheless, you can get the contact details of LoanpointUSA from the given page: "https://customer.loanpointusa.com/ContactUs.aspx" and clarify the whole matter.

Feel free to ask if you've further queries.

Sussane

never had a loan with them somehow they got access to my account an took 120 out O they will be hearin from the AG

Hi Maureen,

You should contact the BBB and the State Attorney General's Office and file a complaint against them.

Thanks

Maureen, that's a most peculiar situation. The Better Business Bureau won't be much help in retrieving any money taken, but the AG's office surely can help you. You ought to check with any Consumer Protection office your state might have as well...register your complaint and find out what assistance they can render.

I lost my job so when I called them to ask where to send the pay off by money order they said that I could not do that and they needed a new account number. DO NOT use this company because they just want access to your account and since I have been using them they must have gave my information out because other companies were doing ach withdraws. I told them that the phone call is being recorded so they hung up on me. BTW one of the offices for this company is in a Hotel room.

Talking to weasels is ineffective. You need to sic the law on them if you want any results at all.

We received a loan for 700 dollars in mid December and they began debuting 210 dollars every two weeks from that point. On 7/14/2011, they took 910 dollars from our account without explanation!! When I called the company to tell them there must be some mistake, I was told that they couldn't do anything about it and they didn't see where that amt had even been posted!! Also, the woman I spoke with said that we had only made 7 payments when in fact we've made 15 payments equalling over 3100 dollars!! I was put on hold believing someone was trying to help but it turns out she went to take another call. I spent almost 3 hours going through this and she then would put me straight to voicemail. I haven't been able to get help from anyone there. I filled out an unaurhorized affidavet through my bank but it will be at least a week before they can put our money back in account and in the mean time we are without money!!! We had even put stop payments on our acct a couple of weeks prior because we knew our loan ahouldve been paid off months ago but they lowered the amt they normally take out by a penny and took it out a day earlier so the stop payment didn't do us any you'd because it has to be for the exact amt that comes out. I'm thinking about getting a lawyer and I'm actually acquainted with Congressnan Miller here in Florida so I may talk with him as well. I'm very upset about what has happened and I want to stop this from happening to someone else. Any suggestions on my best course of action?

Hi Racergirl,

Your best option is to immediately contact a lawyer and take his opinion in this matter. It is good to note that you're going toward that direction. The lawyer will let you know what legal actions you should take against them.

Thanks