ED Magedson – Founder
Payday Mobility 60% interest ripoff= Internet
I recently had to rely on a payday loan. Payday Mobility loaned me $500 for 30 days. But when I got the payback I found it to be at 60% interest. A $500 loan cost $800 to pay back.. No contract was sent but the ripoff was definately there. Local payday loans are under 20% and you deal with people face to face. Do not get caught in this ripoff trap!
This report was posted on Ripoff Report on 06/26/2013 08:30 AM and is a permanent record located here: http://www.ripoffreport.com/r/Payday-Mobility/internet/Payday-Mobility-60-interest-ripoff-Internet-1062192. 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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