I thought card/loan sharks went out in the 1940's along with the mafia, but how wrong I was! A family tragedy arose and I needed "fast cash." The Web provides oodles of sites willing to so, and I should have been more alert when searching... But the drama kept my head spinning. I find site, I apply with site and I get approved with site! Ya. Money in bank account and off I go to attend other obligations. Well, 3 months later, after now having my bank account withdrawn the sum of $90.00 5 times and the sum of $50.00 1 time... I call customer service to see what in the heck is going on. I am told that the "FIRST 4" withdrawls are INTEREST ONLY! And that starting on the 5th withdrawl my princible will go down in incorments of $50.00 ALONG WITH ADDED FEE'S!!! 1st $90.00, then $75.00, then $60.00, then $45.00 and finally $30.00!!! The total that will be paid back on their time schedule, for a $300.00 LOAN, will exceed more than $1000.00!! That is incredible!!! RIPOFF is not a strong enough adjective for how I am feeling right now. My advice: BUYER BEWARE!!! Good Luck & read all the fine print that sits just below the micro-print... It WILL cost you!
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