In May I took out what was to be a short term loan. The amount was 400 dollars and the stated rate of interest was to have been $120. The total amount of the loan $520. I was willing to pay this amount as I was in a bind.
Fast forward to mid - August. To date I have paid $945, which is all interest. The principal amount has only been reduced by $150. If I let this farce continue I will have paid close to $2,000.00. I have never taken a loan out in my life. This loan has cost me more than the original worth or need. I'm not sure how to proceed as there is another deduction due to take place the day after tomorrow.
For anyone who reads my report never never ever take a loan from unknow sources. I am trying to see if this company is authorized to do business in the States. I'm going to be vigiliant and if I can get them put out of business. Advance me today is committing fraud.
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