I borrowed $300 for 1 month, paid every 2 weeks and had to pay interest $185. This is worse than loan sharking, I went to another payday loan and took out $400 and paid $18525 for 6 months. Look at the difference, the Cash Stores needs to be investigated
ReviewsDoMatter
Scurry,#2Consumer Comment
Fri, August 11, 2017
I as well have had to borrow money before from the Cash Store and I do understand your frustration. However, they are upfront and if you read the information on your loan you would have known prior to doing so that their APR is 581.72%. It is ridiculous, I couldn't agree but there is no scam if you signed the papers and agreed to this.. Trust me I borrowed 400 and paid for it dearly and won't be doing that again if I can help it. Be aware of all the FINE PRINT, when taking out loans. On another note, if you went to another loan place and " took out $400 and paid $18525 for 6 months" that is even more scary to embrace. P.S. Being broke and borrowing sucks better luck in the future, but we gotta do what we gotta do sometimes to get by, God Bless.