Carlyn mccabe
union city,#2Consumer Comment
Tue, April 10, 2012
These companies are horrible and actually they are not lending us money,they are robbing us blind.This is partly my fault,They seemed convenient over the Holidays which is wehn I started but they fool you : 1000 dollars in your checking account tomorrow,you get 200 than they mention you can reapply for more dollars.
The end result is like the other "cousins " to them Western Sky,who say on their commercial "Get Off the Pay day Treadmill" it is more like a horror show,you are sick to your stomach when you see the fees they take out, so they lend you 200 and and tahey get back 500 or more.
They are destroying lives,shame on us for being so foolish,what can we do now to get out of this mess???
Our President recently nominated someone to stop these loan sharks from ruining lives, legally the highest interest rate on a small laon in New Jersey is 30% a year.
What interest are we paying? 725% **** what is wrong with us and what is wrong with them.
They are illegal in the state of new Jersey,what court to we take them too,if they are triabal???
These companies are robbing individuals blind.Ruiining our lives,after paying theie fees you have no money left for bills.
Plain Green seems to be the "most legitiamte" they don't charge you a renewal fee,they do however charge you every 2 weeks for the loan,monthly would be nice, but at laest Plain Green is not stealing money like the pay day laon sharks.
What can be done about these horrific individuals stealing money this way??? We are being financially ruined,is this legal?
I have called an attorney for legal instruction and advice. I am sure we don't have to pay over 500 in fees for borrowing 200, technically many of us may have paid these loans back since the interes in New Jersey on a small cap loan is 25%.
Please Help us; We need help,yes Plain Green may charge high interest but they are the most legitimate ones out there.
The rest are just taking our paychecks,I hope the person Barack appointed can help with this.
A word to the wise: If you have to get an emergency loan ,you are the safest with Plain Green,
they give you a loan ,they don't steal your paycheck!!!
Thank you Ed and staff for your site: Help is needed to stop the financial horror these pay day loans are putting us in.