Usacomplaints.com » Education & Science » Complaint / Review: Rapid Cash And Money Tree - Ripoff too much interest. Must pay back loan as well as interest. End up paying much much more than how much you actually borrow. Almost impossible to catch up and completly pay it all off. Rapid Cash: MoneyTree. #162114

Complaint / Review
Rapid Cash And Money Tree
Ripoff too much interest. Must pay back loan as well as interest. End up paying much much more than how much you actually borrow. Almost impossible to catch up and completly pay it all off. Rapid Cash: MoneyTree

I took out a loan from each of these place for $300.00. If one can not pay back the loan entirely, they allow for them to pay just the interest on the due date. My interest comes to $60.00, that I must pay if i cannot pay the entire $300.00. After a few times of having to pay the interest, I end up paying $300.00 in interest alone, on top of the $300.00 dollar loan itself. This is their intention, in order to screw you. So for borrowing a total of $600.00 from both places (because I needed surgery and had no choice). I am now panicking to try to pay a total of $1,200.00. This should not be allowed.interest should not be so damn much!



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