Date of original June 21 amount $5,000.12 w/interest: total $8,805.60. Made 3 payment of $146.76, balance $8,365.32. Refinance loan 10/28/04 $12,758.88.interest deducted from 1st. Loan $3394.20.$4,971.12 from 1st. Loan plus $12,758.88 total new amount:$17,730.00 plus $50.00 annual fee and Life Insurance grand total:$18,050.18. With monthly payments of:$394.00.
Total amount paid in 2004:$400.00.. Cash advance $200.00
Total amount paid in 2005:$4763.00.. Cash advance $200.00
Total amount paid in 2006:$4883.00.. Cash advance $1650.00
Total amount paid to date July 14: $3060.00... Cash advance $250.00
As of my balance last payment statement:$19,199.77
After paying back for 3 years $13,106.00 on a $18,050.18 loan?
This is NOT right! At this rate, I will never pay this loan off or be forced to file bankrupcy. I'am retired on a G.M. Pension and worked all my life just to be ripped-off by this company? PLEASE, please help me.
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