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CB Financing and Loans Review of First Heritage Credit Bossier City
First Heritage Credit Bossier City

First Heritage Credit Bossier City review: Loan

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8:04 pm EDT
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I borrowed $1000, and defaulted on my loan. I paid $400 before I got behind. A judgement in the amount of $2005.19 was filled against me. I have since paid $1400 in payments to the creditor. I called to get a payoff balance and was told that my payoff amount if payed in full today is $4092.04. If not then a rate of 35.54% interest would continue building. On top of that the attorney they used is charging 25% interest on all owed principle and interest owed. At this rate by paying it out I'll end up paying over 10k for a loan of 1k. This can't be legal and I will be seeking an attorney to battle with this company.

Desired outcome: The amount owed be reduced to a reasonable amount compared to what I borrowed and have paid.

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