- Report: #941113
Report - Rebuttal - Arbitrate
Complaint Review: Advance Me Today
Advance Me TodayPO BOX 1124-1007 San Jose, Select State/Province Costa Rica
Advance Me Today Excessive interest charges for loans. If loan is not paid within one month $150.00 is charged each month. San Jose Costa Rico
*Consumer Comment: Advance me today and other payday loans
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For this loan, you need to contact the company and notify them ahead of time that you plan to pay the full amount. If you do not call them at a specified time, you are charged $150.00 interest only.
I took out a $500 loan in May. I have paid over $600 in interest and only $50 in premium. I called last month inquiring about paying the loan off. I was charged another $150 and told today"you did not let us know""we loaned you the money didn't we, now you have to pay" I felt like I was dealing with a loan shark.
This is a total RIP OFF!! In order to pay in full I will need to pay another $500 which is the amount of the original loan. Before this is over I would have paid over $1000.00 for a $500 loan.200% interest!!
This report was posted on Ripoff Report on 09/14/2012 09:21 AM and is a permanent record located here: http://www.ripoffreport.com/r/Advance-Me-Today/San-Jose-Select-StateProvince-/Advance-Me-Today-Excessive-interest-charges-for-loans-If-loan-is-not-paid-within-one-mon-941113. 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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