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dixie555 · Posted: Sun Feb 03, 2008 9:01 pm Subject: loans

i ve had 100 loan from lucky cash its loan not pay day well it got out of hand i owed 260.00 in nove havent paid 50 interest a week they charge for 100 loan crazy,now i called mang yesterday said its up to 7.25 from nov to feb 2 this is crazy wants me pay 35 every 2 weeks than ballon pmt 300in 7 months i know i dont ow that much from novto feb they never sent no statements either

Posted: Sun Feb 03, 2008 10:53 pm Subject:

Dixie, what state are you in? This sounds pretty shady. Do you make payments in person or do they take it out of your bank account? If you can post that info someone here will be along to help you. You are right, this is crazy!

Posted: Mon Feb 04, 2008 6:33 pm Subject:

This sounds to me like a pawn loan. We have those places here and they do, do payday loans but you have to pay the interest weekly.

So if you have not paid on the loan since Nov. then you have to add on $50 per week on the amount you owe since you stopped paying. So it could very well be that this amount is right, they could also be adding on a late fee which can bring the amount you owe higher. To me $50 a week is a little high just for borrowing $100 Shocked

dixie555 · Posted: Tue Feb 05, 2008 10:52 am Subject: lucky loan center

its terrable lucky loan i got laid off nov ive been paying off few p day loan still6more plus this 100dollar loan 50 week interest they have gave my state ment i went in pay it no bank ac i close out last year

Guest · Posted: Tue Feb 05, 2008 12:43 pm Subject: r

dixie, have you told the manager (I know you called) that you are layed off from work, so you are not getting a paycheck? Try asking them if they can take smaller payments. Maybe they can work something out like that. Try with the storefront manager first. If you can't get any results, you can always try calling the corporate office and explaining that you are not working & have no pay check. Maybe they can work out smaller payments with you. I have found that sometimes working with the corportate office is better than the manager. Let us know how it goes.

dixie555 · Posted: Fri Feb 08, 2008 11:21 am Subject: loan

i talked owner not very nice ,he wants me sign contract 35 every 2 weeks 7 months than ballon pmt 300 at end its not a very good deal ionly owed 260 in nov now over 750 dont sound right

Guest · Posted: Fri Feb 08, 2008 6:29 pm Subject: r

dixie, you only borrowed 260.00 in November and the storefront wants you to pay 750.00? What state are you in? I want to see if rollovers/extensions are permitted in your state. Maybe that's where this HUGE amount is coming from.