Whats up with these online payday loan companies?
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I took out a payday loan with a online company and now I cant seem to get in touch with them
Whats up with these online payday loan companies?If you borrowed money froma PayDay loan company and you want to pay it back, then fax a letter to them stating you intention to do so. Cc a copy to the Federal Trade Commission, if the company is not answering the phone/responding to your emails/accepting online payments.
Don't bother with payday loans. They are the worst scams since the guy named cheech and bubba started knocking people around with brass knuckles. They may have collected "only 15% interest", but that is 15% in a 30 day period! If you calculate the annual percentage rate (APR), it comes out to 180% ! That is highway robbery!!!
Go to prosper.com and borrow directly from other Americans who are willing to lend to you if you are an honest hardworking person who just needs a short-term cash advance or long-term lending help. The rates are better because you don't have to pay the investment banker or banking company or loan shark - THERE ISN'T ANY!!!
Whats up with these online payday loan companies?the crazy thing is some of them work. they give you money for like 15 to 30 days then they take it back with like 15% intrest. its ok if you can pay them back. and afford the inrest.
Whats up with these online payday loan companies?Don't worry, they'll be in touch, and with plenty of interest added to the amount they gave you. They are the world's biggest ripoffs; avoid them like the plague!
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