Melodie
Temecula,#2Consumer Comment
Sun, May 14, 2006
I find it interesting. There are many, many reports on this site, dealing with Pay Day Loan Companies, who have similar practices. People find themselves in need of cash, and end up in a worse situation than they were before they got the "emergency funds". Whenever I see a rebuttal, it's always someone, who blames the individual for trusting a Pay Day Loan Company, in the first place. They practically say "you deserve this!" That is such BS!!! It's like telling a girl who is raped, that it was her fault for wearing a mini-skirt. What these Pay Day Loan Scammers do to people is WRONG, period. There are honest companies out there, who always stick to the terms of the original agreement. They are not all crooks. Unless you call charging a high rate of interest a crime. As far as I know, they are within the limits of the law. Perhaps the government needs to regualte these companies, as they do with Mortgage Lenders? Perhaps there should be a predatory lending law in effect for these types of loan companies? I hope "Cory" never finds himself in a fianacial bind, where he feels he has no choice, but to trust a company, who promises a service, only to take $100's of dollars from him , without his consent.
Sharon
Chicago,#3Author of original report
Fri, November 18, 2005
First of all I did not even know about this site until after I got the account with them, when I read all of the postings I quickly closed the account, the same goes for the payday loan. I did not post this to get any sympathy from anyone, I posted that that people will not make the same mistake as I did you jack a*s. As far as the debt consolidation I am doing it on my own and there is a guy who works for one of those companies who is telling me the necessary letters to send my creditors about my accounts. So don't get on here trying to pass judgement on me I am reporting these people for the same reason others are posted them.
Cory
San Antonio,#4Consumer Comment
Fri, November 18, 2005
Lord, where does it stop. You are at a crappy, ripoff bank that has a number of negative posts on this site. You then jump further in the fire, by taking out a loan at a ripoff "payday" loan place that has terrible interest rates that sets you up to fail before you've even started. True to nature, you can't make your payments, so you run to a ripoff "debt consolidation" company to bail you out. Do you see a pattern here? Then you get on this site and call THEM big ripoffs and liars. I think you should take your own advice and stay away from banks and payday loan places.