Usacomplaints.com » Business & Finance » Complaint / Review: Wells Fargo Financial - Loan of $4000 Came to $7400 With Insurance and High Interest. #55144

Complaint / Review
Wells Fargo Financial
Loan of $4000 Came to $7400 With Insurance and High Interest

Because of an earlier bankruptcy find a reputable company to do business is hard. I believed in the name and made a serious mistake. I applied for a loan for $4000.00. I went down to the location when I was told it was approved during my lunch break (that's a mistake by its self -TIME) I filled out the paper work including insurance forms in case of death, unemployment and what ever. No mention of cost. Which would have ended the deal right there.

We were trying to figure out how a $4000.00 loan could come out to $7400 when paid back. Interest was a high 21% but not enough to justify. Remember the insurance? Well when added up it was over $2200.00. Told the Guy the following Monday I'm returning the money. My pay off came out to $4627. $509 of that I have to fill out another form to get the refund. Need Money? Stay far away from these guys. They are worst then loan sharks.



0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google