I got a payday loan for $500. They have been deducting payments bi-weekly for 2 months. Today I checked my balance because I knew it shouldve been paid off according to my calculations. It turns out that every payment so far they applied towards interest! NONE of my principle loan has been paid off. I have paid $650.00 so far... I owe more now than the original $500 I borrowed!!! These people are criminals... How do they get away with this???
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