• Report: #329516

Complaint Review: APPLE PAYDAY LOANS

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  • Submitted: Tue, April 29, 2008
  • Updated: Tue, April 29, 2008

  • Reported By:BROWNWOOD Texas
APPLE PAYDAY LOANS
APPLEPAYDAYLOANS.COM Internet U.S.A.

APPLE PAYDAY LOANS INTERNET PAYDAY LOAN COMPANY Internet

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I took out a $500 loan over the Internet with Apple Payday Loans. I was supposed to have to pay back $750. The interest was really high, but my husband had to have emergency surgery so I didnt have much of a choice.

When they started drafting it out of my account, the payments were over $250. I thought it was a little steep but I just figured it would be paid off in 3 payments. After the third payment I called them because they had taken out more that $750. They informed me that I chose to only pay the interest (which I dont remember doing) & I hadnt even begun to pay on the principal. They have since taken out another $265 which makes it more than $1000.

I tried calling them again & they were going to fax me a copy of my contract within the hour which never showed up. I am probably going to have to close out my checking account to stop any more deductions. They take out different every time so you cant just do a stop payment.

I dont mind paying what i owed, but this is ridiculous. They need to be stopped.

Misti
BROWNWOOD, Texas
U.S.A.

This report was posted on Ripoff Report on 04/29/2008 01:56 PM and is a permanent record located here: http://www.ripoffreport.com/r/APPLE-PAYDAY-LOANS/internet/APPLE-PAYDAY-LOANS-INTERNET-PAYDAY-LOAN-COMPANY-Internet-329516. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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