If you see 115 Ventures LLP on your bank statement, it’s a UK-registered limited liability partnership that consumers most often encounter in connection with online lending, and the right response depends on whether the charge came from a loan you took out, one you forgot about, or a withdrawal you never authorized.1GOV.UK. 115 Ventures LLP The steps below help you trace the charge, stop future debits, and dispute anything that shouldn’t be there.
What the Name Actually Tells You
Companies House lists 115 Ventures LLP as an active limited liability partnership incorporated on December 1, 2021, with a registered office in Egham, England.1GOV.UK. 115 Ventures LLP The filing doesn’t describe the entity’s business activities, name any trading brands, or link it publicly to specific lending companies.
Online consumer forums associate the name with tribal lending brands such as Blue Trust Loans (operated by Hummingbird Funds, LLC) and similar high-interest installment products. No official filing confirms a corporate link between 115 Ventures LLP and those lenders. That gap matters when you’re trying to identify the source of a charge: a quick name search won’t necessarily point you to the company you actually did business with, because lenders and payment processors often post ACH transactions under a parent entity rather than the brand on the website.
Why It Might Be on Your Statement
Three situations cover most people who see this name on their account.
The first is an active loan. If you applied online for a short-term or installment loan, both the initial deposit and the recurring repayments may post under a name you don’t recognize. The website you applied through and the entity that debits your account are frequently different.
The second is a forgotten application. Online loans can be completed in minutes, and if the loan closed months ago, the details fade. Searching your email for “loan confirmation,” “funding notice,” or brand names like Hummingbird Funds often surfaces the original agreement.
The third is unauthorized activity. Someone may have used your bank details to obtain a loan, or a lender may still be pulling payments after you thought the loan was paid off. If the first two explanations don’t fit, treat the charge as potentially fraudulent.
Trace the Transaction
Open the transaction detail in your bank’s app or online portal. You need three things: the exact posting date, the exact dollar amount, and the ACH trace number. That trace number is a unique identifier for every ACH transaction, and your bank’s disputes team uses it to find the originator. If the detail screen doesn’t show one, call the bank and ask.
Then search your email for the dollar amount, the entity name, and common online lending brand names. Any original loan agreement will include an account number, a repayment schedule, and the authorized withdrawal amounts. Having that in hand speeds up every step that follows.
Stop Future Withdrawals
Federal law lets you stop any preauthorized recurring electronic debit. Under Regulation E, you can place a stop-payment order by notifying your bank orally or in writing at least three business days before the next scheduled withdrawal.2Consumer Financial Protection Bureau. 12 CFR 1005.10 – Preauthorized Transfers That three-day window is strict. If the next debit is scheduled for Friday, contact your bank no later than Tuesday.
Your bank may ask you to follow an oral request with written confirmation within 14 days. If you don’t provide that written confirmation, the oral order can expire and future debits may go through.2Consumer Financial Protection Bureau. 12 CFR 1005.10 – Preauthorized Transfers File the written version right away. Some banks accept it through secure messaging; others require a signed form.
Separately, contact the lender or payment originator and revoke their authorization to debit your account. The stop-payment order tells your bank to block the charge; revoking authorization tells the originator to stop sending it. Doing both closes both doors. Keep a copy of any written revocation.
Banks commonly charge a fee for stop-payment orders, often in the range of $15 to $35 per order. Ask before you place it.
Dispute an Unauthorized or Wrong Charge
If the charge wasn’t authorized, or the amount is wrong, the Electronic Fund Transfer Act and Regulation E give you the right to dispute it.3Consumer Financial Protection Bureau. Electronic Fund Transfers FAQs Contact your bank’s ACH disputes or fraud department by phone, in person, or through its online dispute form, and provide the date, amount, and trace number.
Once you report the error, the bank has 10 business days to investigate and resolve it. It can extend the investigation to 45 days, but only if it provisionally credits your account within those initial 10 business days. That provisional credit returns the disputed funds while the investigation continues. The bank can withhold up to $50 from that credit if it has a reasonable basis for believing an unauthorized transfer occurred.4Consumer Financial Protection Bureau. 12 CFR 1005.11 – Procedures for Resolving Errors
Some banks require written confirmation of an oral dispute within 10 business days. If you report by phone, ask whether written follow-up is required and get the mailing or upload address before you hang up. Missing that deadline can give the bank grounds to reverse the provisional credit. After the investigation ends, the bank must report the results to you within three business days and, if it finds an error, correct the transaction within one business day.
Timing also affects your liability. Regulation E limits your responsibility for unauthorized electronic transfers to $50 if you report the error within two business days of learning about it. Wait longer than 60 days after the statement showing the unauthorized transfer is sent, and you could be liable for the full amount.4Consumer Financial Protection Bureau. 12 CFR 1005.11 – Procedures for Resolving Errors
If You Never Applied for Anything
If you have no memory of applying for a loan and nothing in your email matches the charge, treat it as potential identity theft. Someone may have used your personal information to open a lending account, or obtained your bank details and set up withdrawals on their own.
Alongside your Regulation E dispute:
- File an identity theft report at IdentityTheft.gov to generate a formal report you can share with your bank and creditors.
- Place an initial fraud alert with one of the three major credit bureaus; the bureau you contact is required to notify the other two.
- Pull your reports from all three bureaus at AnnualCreditReport.com and look for accounts or inquiries you don’t recognize.
- Consider a credit freeze, which prevents new accounts from being opened in your name. It’s free to place and lift.
If the Charge Is from a Tribal Lender
If you trace the charge back to an online installment loan, it may come from a tribal lender: a lending operation owned by or affiliated with a federally recognized Native American tribe. Tribal lenders often charge annual percentage rates that would be illegal under state usury laws, with APRs commonly running from around 200% to over 800%. They claim sovereign immunity from state regulation on the theory that the lending entity is an “arm of the tribe,” though courts have pushed back when the tribal entity looks like a front for a non-tribal company.
Your bank’s Regulation E dispute rights still apply to the electronic transfer regardless of the lender’s status. And if you’re an active-duty service member or a dependent, federal law caps the interest rate on consumer credit at 36%, regardless of whether the lender is tribal or state-licensed.5Office of the Law Revision Counsel. 10 USC 987 – Terms of Consumer Credit Extended to Members and Dependents: Regulations Any tribal loan charging above 36% to a covered service member violates the Military Lending Act.
If you stop paying a tribal loan, expect persistent contact from the lender or a third-party collector through calls, emails, and texts. Most tribal lenders do not report to the three major credit bureaus, so missed payments are unlikely to show up on your credit report, and on-time payments won’t help it either. Tribal lenders rarely sue in state court, because doing so would expose them to the state jurisdiction they’re trying to avoid. Once you’ve revoked ACH authorization and placed a stop-payment order, the lender can no longer pull money from your account. Any remaining balance may be sold to a third-party collector, which is subject to the Fair Debt Collection Practices Act and other standard federal debt-collection rules.