Need assistance in dealing with Cash Call

Hello, I am new to these forums, and in need of debt consolidation. I read some of the topics and claims here, and I thought I had screwed up big time. Well I did screw up big time, but not in with the severity I thought I had.

Last year I was in dire need of money, due to bills, a negative checking account, car insurance, rent, so on and so forth, and my job at the time only paid about seven dollars an hour, and at twenty five hours a week. We were also paid bi-weekly, so that was no fun as well. After seeing many commercials for Cash Call, I decided to give them a try.

They said they can wire the money into your account by the following day, but the whole process took half a month to complete actually, as they said I hadn't qualified the first time. The second time they called, the agent excitedly babbled that I could in fact qualify for a loan, but only up to ten grand. I told him I wanted the lowest loan possible at the time, twenty five hundred, and he insisted I take the five grand one. I did, and faxed over a voided check, a check from work, and my ID, and over the course of emails, I signed for the loan and got the money.

With the money, I paid off bills, debts, rent, managed to fix up my truck so it can run decently, and even spend some on myself. I thought that paying $250 dollars a month for a loan for only five grand was just fine, something theoretically, could be taken care of in twenty months, give or take. On occassion, I would be late with a payment and have to send them a moneygram, and everything was fine, or so I thought.

An emergancy occured in June with my truck, and I used the remaining grand to fix the truck. My parents wished to know where I got the money so quickly, and I told them about the loan. They were stunned, as I had been out of the house for a year and a half now and on my own. They asked to see the contract, so I opened up my email files and presented it to them. When they showed me the finer print... boy did I feel stupid. Very... very... exceedingly... mind numbingly... stupid. Stupid is actually an understatement of how I felt, but I don't wish to swear here. :wink:

The loan, as I saw before and was curious about, had to be paid off in Ten Years. Good I initially thought, if I can't make a payment on one month, perhaps I can make it in a month or two. Wrong. I had to make payments for ten years total, to pay off $25,000 dollars. I was dumbfounded, and my parents were horrified to learn that the reasoning behind paying off so much interest, was because in part, the apr was 60%. I believe in California, 30% interest is the legal limit, though I may be wrong. I thought that in the ten months I had been paying off my loan, I was halfway done. Reasonably, I should have been done. But no... I hadn't even made a dent.

I moved back in with my parents in July, and gave Cash Call an alternate address to a friend of mine, who would burn my letters demanding money from them, as I have not paid them off in three months now, and refuse too. It seems criminal to me that I am forced to pay and pay and pay interest on a loan... without even knocking a dent into the loan itself. I am seeking debt consolidation, and will take these crooks to court if I must. If the judge deems it fit to pay Cash Call a dollar a month if I must, so be it. Personally... I hope the judge will tell them to go to hell and never expect a dime from me. Any advice and output is greatly appreciated. It would be easy to say I fell victim to this predatory lending because I'm young and stupid, but that wasn't the half of it, the other thing is I got greedy.

Well... off to ignore there calls as usual.