I got a loan from Route 66 funding. The woman spoke very bad english. It sounded like she said, it would be a fee of $17.00 to take this loan out. I thought that was good. Considering, all I needed was $200.00 Well, come to find out I ended up owing a $70.00 fee for $200.00. She said, I misunderstood. I did get paperwork through email that I could print off.
They automatically will extend your loan for an additional $70 each time. You have to call to stop the extensions. I had emails and a telephone number for them. However, you could never really get anyone at the number. Yet, through email I communicated. I had no problems as far as the loan and the terms and conditions. I closed the account. And, had no problems with them trying to continue to debit my account once the loan was fully paid. I do think most are rip offs. Unfortunately, when you're desperate you do desperate things. It costs a lot for people with bad credit. So, they prey on people who are needy.
However, I told them I would inform my bank by my online statement. As well as, use the records of my initial credit, and the following extension fees debited and the total debit and final payment of the loan, as evidence of payment. While I thought the fee was a bit excessive. I didn't have the experience that most of you had, once I actually paid it off.
Linear Mode
