Complaint Review: Loan Point USA

This is a short term loan company. Or know as payday loans. However this place is a BIG RIPOFF!!! They do not exclose the terms to you up front when you get the loan. Then they claim to have sent you the contract via e-mail. Did not happen. What they do is give you a $500. loan with a $150. fee. Which is to be paid back at your next pay day. But they keep extending the loan so they can keep charging you the $150 fee with out ever paying the $500. back. I never gave them permission to extend the loan. They are praying on down to earth hard working people. This place needs to be put on Dateline or something. Please stay away from this company. I did see that I am not the only one that fell victum of this place. Wish I would have checked this website before it happened to me.

Travis
Gardners, Pennsylvania
U.S.A.