Jul 21, 2011
I was approved for a pay day loan and was not aware since they did not contact me to let me know. Once I received their information I contacted them to see how I was supposed to go about paying them off and there is a $700.00 finance charge for a $300.00 loan including interest, late payment and all charges. They told me to review my contract which I never received a contract from them, the only contact was when they contacted me for additional information, contacted to my employer and made me fire from my job because i just missed the date of payment provided by them with charges. Then when I needed to make a payment. I've done payday loans previously and they have never had such steep payment plans.