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  • Report:  #235007

Complaint Review: Zurich Ventures - TheLoanShop - LoanShopOn-line

Zurich Ventures - TheLoanShop - LoanShopOn-line YERY BAD PAYDAY LOAN, pay 180.00 on 200.00 = 380.00 in 35 days On-line Loan Shop Internet

  • Reported By:
    Redding California
  • Submitted:
    Thu, February 08, 2007
  • Updated:
    Thu, February 08, 2007
  • Zurich Ventures - TheLoanShop - LoanShopOn-line
    Internet
    U.S.A.
  • Phone:
    800-493-3380
  • Category:

I didn't understand what they where saying. I thought it was $60.00 fee for $200.00 under 30 days. Alot but, It was an emergency.

Now I have to fax them a letter that states I will not bring or participate in a class actions: And that I agree to injunctive relief to stop such lawsuit or to remove you as a participate in the suit.

Someone is covering up the fact that no matter how you word it, chargeing anyone $180.00 (for a loan that is only $200.00) for 35days might be illegal.

Please read the small print as some of these payday loans are out for one thing, To loan you $200.00 and collect $60.00 a month as long as they possibly can in "so-called" extention fees that you don't request.

Craig
Redding, California
U.S.A.

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