- Report: #981324
Complaint Review: Check N Go
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| Check N Go 811 Marina Village Parkway
Alameda, California United States of America |
|
Check N Go Took out $3,000.00 installment loan with CNG..Total loan comes to $6,134.88. Made 10 Payments interest paid $2785.00. Principal paid $3000.00. Total paid $5,815.63. If i pay an additional $319.25 . Alameda, California
*Consumer Comment: It's about paying debts
*Consumer Comment: On time
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The banks resfuse to give out loans to these types of custoners, but the payday loan companies gravitate towards them because they can charge the high fees.
Don't really understand it, the government bailed out: the Banks, Automobile industry, Airlines, Oil companies.... everybody..in other countries ...except the middle class Americans. We're the ones that are hurting the most...so when you see us applying for payday loans...we're definitly in need.
Took out a $3,000 .00 to catch up on my bills, have already paid $5,816.00 (with $2,700+ in interest charge s). Loan amount is based on 19 payments totaling $6,134.79.
One more payment of $319.29 & I have fulfilled my agreement. However, at 10 payments I am $319.29 ....but this company says I still owe $2400.00???. That would make this loan almost $8,297.00??? I feel this is just outrageous and need your help..there are others out there in the same situation... What are my options?
Virginia R. Coleman
This report was posted on Ripoff Report on 12/12/2012 09:42 PM and is a permanent record located here: http://www.ripoffreport.com/r/Check-N-Go/Alameda-California-94501/Check-N-Go-Took-out-300000-installment-loan-with-CNGTotal-loan-comes-to-613488-M-981324. 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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Search Tips#1 Consumer Comment
It's about paying debts
AUTHOR: coast - (USA)
SUBMITTED: Thursday, December 13, 2012
It has nothing to do with being poor. It's about paying debts.
"Don't really understand it, the government bailed out: the Banks, Automobile industry, Airlines, Oil companies"
Banking and transportation are essential elements to the American economy. YOU are not. The industries you mentioned have earned a reputation of repaying their loans whereas you have not.
Also, what's each payment's size supposed to be?
