- Report: #1378328
Complaint Review: Easy Pay Finance - Chicago Illinois
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Author Confirmed
Why?
Easy Pay Finance
3636 w 86st Chicago, 60652 Illinois, USA
Phone:
7739964417
Web:
Ww.myeasypayfinance.com
Categories:
Business Rating:
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Easy Pay Finance On June 8th i had a schedule payment due for 300$ Carlsbad California
I had a schedule payment on June 8th due to my check no be in deposit on time when they try to collect the payment it was decline..A rep called me and told me so I ask her for 10min to deposit money so she could try to collect again she said they could only try to collect once but then she said I can collect thru your CVS code i said ok then I called to ask for my remainder balance and is 2400 not to mention that all I borrowed was 1900 wich after the 300 and 291 that we're collect all I owe them was 1309 now they are telling me since the payment was decline but was actually payed that day after I deposit money my 591 i gave was going only toward interest now idk how I am going to pay those 2400 is more than whay my loan was so they are telling me thay basically my 591 were just given to them.
1 Updates & Rebuttals
FloridaNative
Palm Beach Gardens,Florida,
USA
Did you read the contract?
#2Consumer Comment
Sun, June 11, 2017
I have never borrowed from this lender, but legitmate lenders charge interest on the amount you borrow. If you are getting the funds from a payday loan type company or other short term financing, it is usually at a high interest rate. Somewhere in your contract it will show the interest rate, the amount borrowed, the payment amount due and the due date. It should also show the total amount of repayment if you choose to make minimum payments only. I don't understand why you think a business would loan you funds for short term, high risk financing without charging you interest. It doesn't make sense. Also, now that you have defaulted because of your returned payment, there is probably an additional fee. These type of loans are extremely expensive. More expensive if you default. Take the time to read your contract so you know what you need to do to fix this default and pay off the loan.
