I took out a $400.00 loan near Christmas from 500Fastcash. They started taking payments out of my checking account every two weeks, sounds okay so far, right? To date (March 3) I have paid a total of $950.00 and they want $390.00 more! When I called the company and stated that there had to be a mistake, the uneducated woman who answered the phone told me to read the fine print. Now, I can understand a large interest rate, but $1340.00 for a $400.00 dollar loan??? Can anyone make sense of this? Don't EVER use 500Fastcash! Ever!
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