The minimum payment of this loan prohibits me from ever paying it off. The amount of interest associated with this loan is criminal and is in aline with organized crime. I can't really see the difference. I attempted to negociate a way to pay this loan off with their customer service representatives with no avail whatsoever. All that was said that we can't help you and the interest rate is fixed. The criminal amount of interest prohibits me from ever paying the loan off. Therefore can't see the reason for paying anything.

I really don't see any difference in this practice with that of a ponzi scheme, or Bernie Madoff stuff. It would be nice if these guys would work with me to pay off this loan, it looks like they'd rather break my legs than work with me on it.


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1. Written by A.N. Onymous, on 22-05-2009 13:28

Credit card interest rates are astronomical. I just got done paying all of mine off, which was a heck of a trick. total between 2 cards was $8500. The interest rate on both were 26.99%. 

 

Whenever I see someone say "they just want money" I first think "no $hit kung foo of course they do, they're a business". I'm tired of seeing people so put off and surprised that a company, A COMPANY, wants nothing but money. If you want sympathy, look in the dictionary between $hit and syphilis. Make bigger payments than the minimum or don't charge anything you can't repay, it's simple.

2. Written by Kess, on 15-04-2009 16:47

Did you bother to read the fine print before closing the deal?? It's buyer beware!

Comments on Minimum payment doesn't even cover interest, balance only increasing.

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