Complaint Review: Rain Soft / Mid America Quality Water Inc.

On July 11, 2007, Jeremy Allen stopped at my residence to test my water. Although I did not believe his line about how bad the water was I did like the way the Rain Soft water tasted. He assured me (AFTER ASKING 4-5 TIMES) that YES, this was a SIMPLE INTEREST LOAN and NOT!!! a REVOLVING CREDIT. He told me my payments would be $130 a month for 60 months (5 year loan). That was a BOLDFACE LIE! This is a revolving credit. Can you imagine how long it will take me to pay off a $6488.00 loan??? at $130 per month. Well, now they have just raised my percentage rate to 21.0%. ARE THEY SERIOUS?

It is now 10/08. I have made 14 payment of $130. That equals $1820 and my current balance is $5767.23. My principle has gone down only $720.77 & they have stolen $1099.23 from me. I feel I can say stolen because I was mislead and lied to. This should NOT be allowed to continue. They should not lie to customers and get away with this. This makes me MAD & it should make you mad as well.

Vickie

Kajukenbo55
Butler, Missouri
U.S.A.