Took out a loan after a death last year. $1000.
Was told that it would be high and $400 a month. Not happy but figured I could pay it off at the beginning of the new year. Looked at last month's payment. $390 went to interest and $10 to principal.
Was told that if I paid off what's in the balance today, I would still owe $250 on the account. I do not have words for these crooks. I don't mind paying fairly for the money borrowed, but this goes beyond the pale. I hope these people are dragged into court one way or another and put behind bars.
I don't care if they are operating from a reservation or whatever. Worst experience ever, and truly a learning experience.
Product or Service Mentioned: American Web Loan Loan.
Reason of review: Problems with payment.