Dave
Jacksonville,#2Consumer Comment
Mon, June 04, 2007
They do have the right to harrass you when your payment is late. It's clearly spelled out in your contract. Also, you did sign the paperwork stating what your interest rate would be, so you have no complaint there either. As far as the interest already paid, the reason that your principle didn't go down much is that you are paying all the interest up front. When the interest is paid, then you start paying down the principle. Deal with it. Build your credit back up and you won't have to settle for loan-sharks.