I went online to try applying for a a loan. When I first spoke they tole me that I could pay the interest off first, then pay down on the loan after that. I was under the impression that that was already in affect. When I checked my bank account they just kept taking out the interest when I was under the assumption that I was paying it down. I received a call from cashnetusa stating that I have a warrant out fro my arrest and that I owe $10,000. I explained to the gentlemen that I borrowed more than one loan and that money were already being taking from my account to pay off the loans.
What I didn't understand is that if I had to call to decide how I wanted to pay off my loans, why is it that with the last loan I borrowed for $200 when it was time for them to collect that, they both the $200 plus finance fees as well ans they were automatically paid. I believe that they are trying to get more money then they are suppose to get.
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