- Report: #766070
Complaint Review: Duvera Financial - Chicago Illinois
Reported By:
Robert -
Swartz Creek, Michigan, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
Duvera Financial
6027 Solutions Center Chicago, 60677-6000 Illinois, United States of America
Phone:
866-438-8372
Web:
www.payduvera.com
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Duvera Financial Over charged interest by spreading payments out to collect more money. Chicago, Illinois
This company finances consumer loans for businesses. I paid my loan off in full (principle and interest) on time before the due date as listed in my statement. The company waited several months and sent me another statement claiming that I owed additional interest. Apparently, they spread my payments out over severals months in order to collect more interest instead of applying it all to my loan. I told them that I had paid my loan in full, and would not pay any more money. They then threatened to try to ruin my credit. This company is definitely a ripoff company. I would welcome a chance to challenge them in court if they choose to take it court. But they won't. They will just try to harass me instead. I will not give in to their tactics.
2 Updates & Rebuttals
Robert
Swartz Creek,Michigan,
United States of America
Duvera sent another bill
#2Author of original report
Mon, September 12, 2011
So, I filed a complaint with the FTC.
Dave
USADid you call for the 10 day pay off amount?
#3Consumer Comment
Wed, August 17, 2011
Did you call for the 10 day pay off amount before sending your last payment?
If you didn't there would have been interest added to the amount shown on the statement from the date the statement was generated until the day your last payment was received. So you would still owe them.
Since it's probably a small amount they most likely won't do any judgement but it will most likely be reported negatively on your credit report.
And believe it or not I 've seen some creditors report accounts for as little as 1.00 (one dollar)owed instead of just writing it off.
