This company finances consumer loans for businesses. I paid my loan off in full (principle and interest) on time before the due date as listed in my statement. The company waited several months and sent me another statement claiming that I owed additional interest. Apparently, they spread my payments out over severals months in order to collect more interest instead of applying it all to my loan. I told them that I had paid my loan in full, and would not pay any more money. They then threatened to try to ruin my credit. This company is definitely a ripoff company. I would welcome a chance to challenge them in court if they choose to take it court. But they won't. They will just try to harass me instead. I will not give in to their tactics.
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