CASH CALL - CashCall, Inc. RIPPED OFF, PAYING FOR A YEAR AND THE PAYOFF IS MORE THAN ORIG LOAN, Internet

My reply to your report was not meant to be sarcastic.  I simply stated the hard facts of the situation.  You are correct, I don't know you.  But I do know what the terms of the loan are, based on Cash Call's website.

You agreed to the terms of the loan when you applied and accepted the money.  I don't agree that the company should be able to loan money with that kind of APR, but it was your choice to do business with them.

You asked if it is legal, and the answer is yes. 

You asked if there is any option, and the answer is: pay what you agreed to pay.

I'm sorry if you don't like my response.

I didnt ask for sarcasm and I didnt ask for your snide response, I asked a simple question but thanks for your humanity.  You dont know anything about me so dont assume or you make an a*s out of you not me.

I guess the interest rate didn't seem so "illegal" when you needed the money and they were willing to lend it to you (I'm guessing your credit isn't so great).

Straight from the website (for the state of California):

Loan Product  $2,600 

Loan Fee  $75 

Borrower Proceeds  $2,525

APR  139.34% 

Number of Payments  36 

Payment Amount $298.94 

So the total amount paid back would be: $10,761.84 (I figured this out in about two seconds, by multiplying the payment amount times 36).

Is it legal?  Yes.  Is it ethical?  I would say, no.  But no one forced you to take the loan, and now it is your responsibility to adhere to the contract and pay it back.