I am reporting the company Ambassador Collections. I took out a loan in August and they have taken out $45.00 from my check since then, including this month. I called and told them that it does not take almost 2 years to pay off $300.
The representative told me that unless I call or notify me that they only take out the interest and periodical paydowns. That is bull. I asked how much it is to pay off the loan now almost two years later and they told me they could immediately debit $150 or at the end of the month or they will take out $195 at the end of this month. They said that would end the debits.
This is highway robbery and something needs to be done. Don't use this company. They are extortionists taking advantage of people in need. My loan was paid off technically over a year ago and I have now paid doubled. Watch your accounts.
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