One Main merged with springleaf financial in Northern California, I went to apply for a loan with another company only to be told that my credit report indicated I opened a new loan Jan , 2017. I stated I had not and called one main financial manager in Vacaville, California and was told that the company modified the account.A class action law suit needs to get started.
This is not fair to lenders and if an approval wasn't given then the loan need to be reversed. Companies do not have the right to do such an act. I will contact an attorney regarding this matter.
Wells Fargo Bank is going through legal issues regarding similar actions.. I will investigate further and will contact the credit bureaus regarding this matter.
Reason of review: Poor customer service.
Monetary Loss: $4000.
I didn't like: Extremely high interest rate, Loan contract was falsely represented.