33 People Helped
Member Since: December 2011
I wish I had seen these reviews last month. My first payment came out this month. They didn't tell me I would be paying 35% interest. The loan they talked me into has actually made everything worse. I'm paying $300 a month more and no credit cards are paid off. I feel like I was blindsided by them; One Main Financial.
Kandle5's reply was:
You need to go to that company and have them send information to the credit bureaus immediately so it can be removed. They need to send you a copy also. I just recently had to do this and it was quick....but then I might have just gotten lucky for once. But try that.
I never knew about the "hard inquiries" until now checking your credit more than once. That happened to me when I co-signed for a car for a friend and the 2 companies we started with checked it 4 times each. I called them and they said that was normal. People need to be advised by these companies, by law, what they are doing and what is happening. I now see why my score went down during that time period. But it's too late now to do anything about it. Also, I have been transferring my credit card balances to 2 other cards in order to clear up my debts but the credit score shows that isn't the right thing to do as they aren't reporting the up-do-date actual figures...this also is hurting my credit. It takes way too long for these companies and credit bureaus to update your life. I'm having to wait on them as I'm sure others are too. This also needs to legally change somehow.