This company sounds good but there a big ripoff they were taking 75 dollars out my account each paycheck but the balence never went down so when i called and asked why they said in my agreement it says unless you call and tell them i want to poay down on my loan it will keep taking the finance charge but when i read the part that was suppose to say that this is what it said.
Your Payment Schedule will be: 1 payment of $325.00 due on 08/05, if you decline* the option of renewing your loan.
If your pay date falls on a weekend or holiday and you have direct deposit, your account will be debited on the business day prior to your normal pay date. If renewal is accepted you will pay the finance charge of $75.00 only, on 08/05 You will accrue new finance charges with every renewal of your loan. On the due date resulting from a fourth renewal and every renewal due date thereafter, your loan must be paid down by $50.00.
This means your Account will be debited the finance charge plus $50.00 on the due date. This will continue until your loan is paid in full.
*To decline the option of renewal you must sign the Account Summary page and fax it back to our office at least three Business Days before your loan is due.
Security: The loan is unsecured.
Prepayment: You may prepay your loan only in increments of $50.00. If you prepay your loan in advance, you will not receive a refund of any Finance Charge. (e) The Annual Percentage Rate is estimated based on the anticipated date the proceeds will be deposited to or paid on your account, which is 07/16.
Itemization Of Amount Financed of $250.00; Given to you directly: $250.00; Paid on your account $0
See below and your other contract documents for any additional information about prepayment, nonpayment and default.
Now the first line states there will be one payment of 325 dollars they will try to screw you over DONT GO TO THIS PLACE ITS A JOKE I TELL YOU
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