Monday 26th of June 2017 12:59:06 AM
I admit I have not so decent credit. I was caught in a bind a few months ago and needed the money to pay off something urgent. I had exhausted all my other options for paying this important matter back. Biggest mistake I made was coming in contact with these loan sharks. Of course, they were very well mannered and nice over the phone, asked me to come into the office to get the "cash" and so they can get info on my car etc. They were so quick on getting all "my info" before even explaining the interest rates etc., so once they told me what I wanted to hear (that they would pay off what I owe on my car and leave with extra money), I was thrilled. Then, when it came to signing the contract after they did all my paperwork, I noticed the interest was outrageous! This was highway robbery without a darn gun! I borrowed $2500 and the contract showed I would end up paying nearly $7000 because each month, the amount you pay them, most of it goes towards interest and the measly $15 goes towards your principal balance. They also put in a GPS device on your vehicle without letting you know until you have signed and read the contract. They work "backwards" instead of being upfront and telling you all this prior to agreeing. They make you agree first, then hand you the nasty truth! They have horrible service in person. The only person who was knowledgeable was Dana, but he was the one who failed to mention the ridiculous rates they charge before I agreed! I am planning to pay them off by next month because there is no way in hell that they will get nearly $4k from me! In the end, I regret ever going here. I found out later that I was able to make arrangements with my financing company to pay off my car without the high interest rates. Next time, I will thoroughly do my homework!