We secured a loan with "The Money Store" in June of 1997. The loam amount is for $25,232.00. Our monthly payment is $285.00.in 56 months we have only paid, 2,079 in principal and $13,880.54 in interest. Our unpaid Principal Balance is $23,152. Just what in the hell are we paying for.!!! If this is not a ripoff I don't know what is.
P.S. If the payment is late there is an additional $8.24 tacked only daily. So if the bill is 3 days late you have just paid and additional $25.00 (to who?)
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