Was told by salesperson at midas that the interest rate for snap finance is 4%. Talked into 2 loans. Original cost for 1 was $449.97. Total payoff to snap is $943.69, am paying $493.72 over the actual cost. 2nd loan, $271.99. Total cost with snap, $570.42, $298.43 over original cost of service by midas. How is this legal?
Snap finance is a rip off and really pissed off that i was lied to!!!!!! Was told would be paid off in a few short months. Still being charged and finally decided to check my loans and cannot believe this company has not been reported to the authorities.
There are laws in this country about these kinds of interest rates. It is well over...insanely over....the legal rates allowed by law.