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car title loan

Date: Tue, 03/24/2009 - 19:25

Submitted by anonymous
on Tue, 03/24/2009 - 19:25

Posts: 202330 Credits: [Donate]

Total Replies: 8


I took out a car title loan from Speedy Cash in the amount of $2500 and my scheduled payments are $206 a month. Anyway, I've been paying for over a year now and I still owe about $2400. When I'm done paying everything off I will have paid over $9000. This ridiculous but I can't do anything about it cause I didn't read the entire contract. Who has time for that and they sure didn't mention anything about an extremely high interest. How can I get out of this? Is there a legal way I can do it? I'm broke for paying these crooks!!!


They normally charge 304% apr, and they are in a loop hole that does not lump them in with PDL's. Illinois State is in the process of creating a term for PDL's and title loan places. I think they are lumping them all in as predatory lenders and will close the loop hole. So these places will not be around for much longer in Illinois.


lrhall41

Submitted by Count_Vlad on Wed, 03/25/2009 - 13:22

( Posts: 356 | Credits: )


I acnt believe our government alows us to be used by these crooks . What ever happened to usery laws? Speedy Cash are oppertunististc leeches the prey on the already hurting public that has to make a tough decision to use the pig crooks. STAY AWAY FROM THESE SLIME BALLS> THI is all my opion so stop drooling speedy cash attorney scum


lrhall41

Submitted by on Wed, 09/08/2010 - 16:11

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