I was in need of money right away and for the first time used a payday advance place Little Loan Shoppe, and they did loan me 300 within 6 hours.
From that point on, this transaction became a nightmare, I tried to pay them off my next paycheck and they said oh no you have to make 9 payments in a row. First, they do not want you to pay them off. I had set up a withdrawal schedule for 2 days after I was paid the 7th and 22nd of each month. This company would go in a day before I got paid take the money out, incurring bank charges for me from them and my credit union for insufficient funds. I called, I wrote and we would get it straight. The following month once maybe they would do it on the correct dates, then right back to deliberately withdrawing money when they knew I had none.
They do this wrong date of withdrawal to make sure you cannot pay off the debt. I borrowed 300.00 and they charge 782.14% interest so without the bank charges they get $2100.00 dollars for the 300.00. This is directly from their own website. I had no knowledge of this. I thought I could pay them off the next payday.
This nightmare went on for so long. Finally after writing Oprah Winfry and threatening to go public. I made my final payment and was fre of them. I was forced to close my account and open a new one.
Now over a year later they hacked into my account by trying computer generated combinations and just took me for 149.00 out of the blue. I had to go down to my credit union and file an affidavit against them completely close out my account. I am without an account until these crooks are stopped.
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