HGIT
Dallas,#2General Comment
Fri, October 26, 2012
If I was you I would take a moment to file a complaint with the BBB, Your state's Attorney General and the Consumer Financial Protection Bureau. All three of these organizations send a letter to the business. All three are very powerful, ESPECIALLY the CFPB. You can file your complaint online with all of them. It is very easy.
These quick cash places are set up to be PREDATORY. I actually believe it is in their business model.
Good Luck.
wefwefewf
mesa,#3General Comment
Fri, October 26, 2012
They charge so much because they have to. Most of the people that companies like this lend to have bad credit, which means that they have not paid back other lenders or they had to be hounded by collectors before they would pay. Loaning money to people who often don't repay is risky and expensive because the company has to hire collectors to try to get repaid. So to loan to risky people, knowing that some will not pay them back, and still make money, they have to charge high interest rates. If they didn't charge high rates they would not be in business, and wouldn't be there to lend you money when you had to have it.