Consumer complaint received 2022-12-28
Company: NCP Holdings, L.P.
State: TX
Product: Payday loan, title loan, or personal loan
Sub-product: Payday loan
Issue: Charged fees or interest you didn't expect

Complaint:
I called and asked them to cancel and settle my account as paid in full, the gentleman, that answered the phone told me to pay off the {$2000.00} plus. My concern and complaint is with Quick Credit Connect. My account was established on XX/XX/XXXX, with monthly payments of {$340.00}. I have paid over {$3000.00} dollars. Today, I decided to check my balance hoping I was near the end of making such high payments. However, I learned that my currently loan balance is standing at {$2100.00}, and my current principal balance is standing at {$1800.00}. I called them and XXXX kept saying, that I signed the contract. She made me angry. I searched the reviews and it was awful. Comments about stolen bank information, etc. is strong. My account with XXXX was breached several times after I signed up with Quick Credit Connect. I asked them to consider my account paid in full, but they refused saying, I must pay the entire balance. Well, all my payments were made for the repayment of {$2000.00}, but I have paid {$3600.00}. This is predatory lending against a senior citizen. They knew that I only received Social Security, in the amount of {$1100.00}, which is my only income. Other people are feeding me because XXXX is charging me a car note. I am asking for them to discontinue deducting funds from my checking account and debit card, because it this matter is not resolved within the next few days with my account being settled as paid in full. I shall mail the {$340.00}, due on XX/XX/XXXX to the mailing address : Attention : Quick Credit, XXXX XXXX XXXX XXXX, XXXX, OH XXXX. I desire for them to stay away from my financial account. The fraud department is on high alert since being breached three consecutive times every since I signed on with Quick Credit ConnectI am now fearful of their practices understanding the predatory nature. I noticed today after reviewing all the reviews online, that each of my copies, that I made after making payments, that all payments from XX/XX/XXXX to XX/XX/XXXX, in the amount of {$340.00} each, were only applied to the interest, not the principal loan amount. I shall contact the Attorney General in Washington, the Attorney General in Texas, Legal Aid, LSC, and The United States Department of Justice, and the Federal Trade Commission. Stop them today from taking any further payments from my checking account and debit card. I shall contact my financial institution accordingly. They must cancel and settle my account today I have paid what I borrowed with interest. XXXX XXXX ( I filed a complaint against them in their dreadful predatory practices, in which they destroyed my checking account and now my credit report is destroyed. All payments, which were scheduled to hit my checking account, created me master financial trouble. Its time for me to seek legal action against these companies they have destroyed my life and my financial stability the little bit that I had. Justice must be served because this is clearly predatory lending. The contract should be upfront and visible and well-noted. This is 100 % Wrong! The owner XXXX XXXX XXXX knows this is predatory and he should do better. The office is located at XXXX XXXX XXXX, XXXX XXXX XXXX XXXX XXXX XXXX, XXXX, Texas XXXX.

Company response to consumer: Closed with explanation