My original loan amount was $7,500.00. When I got my first coupon to make my first payment, they had added the amount of the finance charges to my original loan amount, so it looks like I borrowed an extraordinary amount of money.
This not only shows up on my monthly statement, it also shows up on my credit report. No other creditor will touch me. It looks like I borrowed twice the amount that I originally borrowed. When I try to get another creditor so that I can pay off the loan sharks, they see how much I owe Citifinancial and they deny me. When I call Citifinancial and ask them to reduce my 25% finance charge, they refuse.
This should be against the law! When I first got the loan, I was in a financial bind. I am going to tell everyone I can not to touch Citifinancial. I was lucky enough to finally get a loan so that I can get rid of this credit card, but not before I make a fuss.
0 comments