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loans

Date: Sun, 02/03/2008 - 20:01

Submitted by anonymous
on Sun, 02/03/2008 - 20:01

Posts: 202330 Credits: [Donate]

Total Replies: 9


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


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 :shock:


lrhall41

Submitted by puddlejmpr on Mon, 02/04/2008 - 17:33

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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


lrhall41

Submitted by on Tue, 02/05/2008 - 09:52

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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.


lrhall41

Submitted by on Tue, 02/05/2008 - 11:43

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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


lrhall41

Submitted by on Fri, 02/08/2008 - 10:21

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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.


lrhall41

Submitted by on Fri, 02/08/2008 - 17:29

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nevada its a loan for 100 now they got it up 800 bucks terrable they want me sign new conntract pay 35 every 2 weeks


lrhall41

Submitted by on Mon, 02/18/2008 - 14:09

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dixie, what kind of loan is this? If it's not a payday loan, what kind of loan is it?


lrhall41

Submitted by cannr on Tue, 02/19/2008 - 04:17

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