Complaint Review: BLUE TRUST LOANS - Internet
- BLUE TRUST LOANS Internet USA
- Phone: 1-877-770-2682
- Web: BLUETRUSTLOANS.COM
- Category: Credit & Debt Services
BLUE TRUST LOANS Misinformed, Misled, Lied, No Human compassion Hayward, Wisconsin Internet
*Author of original report: Well this company (your company) knows it has issues or you wouldn't be on this website for rebuttals! Again I was totally caught off guard w the interest rate. And people go to this company for financial help NOT more financial hardship!
*Consumer Comment: What Does The Contract Say?
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This company Blue Trust Loans is absolutely a RIPOFF. wow, the craziest thing that has EVER happened to me...I took out a small loan $375. The lady on the phone said you will get a print out of your payment schedule ect. Of course I agreed figuring it was like most of the other pay day loan companies.
When I saw that the schedule went into April 2017..I ask her why is that when I am only borrowing such a small amount...she said I could pay it off sooner..I said Oh ok..knowing it was going to get paid off because I took the payment plan of paying every two weeks $116.00 and they would automatically take out of my account.
So I thought that I had paid the full amount and noticed my next payday they took out another $116.00. Confused and remembering the lady said once the loan ($375 with interest being $59.85 totalling $434.85, is paid in full they will stop auto deductions)....so I called and said ..Hey I paid this loan off 2 weeks ago please stop the auto deductions...Well was I FOOL...
I HAVE BEEN RIPPED OFF..was I ever so confused and still am confused .. who would have thought I would have to pay $1,342.00 for $375 loan.. WOW!!!!! Not going to happen... It wasnt even imaginable to me that such a company could charge so much interest. I just wanted a small loan amout for Christmas for my kids...as I am in the process of paying off credit cards..So thought I would try doing a small loan...
To me this is totally a CRIME, it's INHUMANE, UNETHICAL, PAINFUL, SAD...and should be ILLEGAL....The severity of this pay back loan amount has me in total disbelief and I am so upset that this was NOT explained to me in "laymen terms" before I agreed..They said today, 1/20/17, that I had to pay to the end of the payment plan ending at 1,342.00. I would have NEVER agreed to this in a million years nor have I ever done a quick loan like this before.
I have paid Blue Trust Loans to date $550.85 on a $375.00 loan.. They will not get another penny from me, I have had to close my bank account.
BLUE TRUST LOANS HAS TO STOP!!!! They need to be investigated..I don't care that they are TRIBAL Indians... I'm an American also. DO NOT EVER... BORROW FROM BLUE TRUST LOANS....
This report was posted on Ripoff Report on 01/20/2017 12:23 PM and is a permanent record located here: https://www.ripoffreport.com/reports/blue-trust-loans/internet/blue-trust-loans-misinformed-misled-lied-no-human-compassion-hayward-wisconsin-intern-1350948. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#2 Author of original report
Well this company (your company) knows it has issues or you wouldn't be on this website for rebuttals! Again I was totally caught off guard w the interest rate. And people go to this company for financial help NOT more financial hardship!
AUTHOR: - ()
SUBMITTED: Monday, January 23, 2017
Well this company (your company) knows it has issues or you wouldn't be on this website for rebuttals! Again I was totally caught off guard w the interest rate. And people go to this company for financial help NOT more financial hardship! I am telling you ...I truly thought that I was on payment plan to pay off the $375 and again questioned WHY it went into April...she said I could pay it off sooner so I thought and well then I'll just do the payment plan.... for $375.... Though I trusted what she said ...and I saw the payment plan in the contract ...I DIDNT know I was paying $1300 something....as end result....I still can't get why people ..and myself would even do such a thing or agree to this ..UNLESS they too was misinformed?? ...again the contract isn't in laymen terms.....and wasn't expecting this what so ever......guess I'm to trusting ....it was Christmas and my mind was thinking of them ..not 700 % something in interest on $375.. loan....I knew I was going to pay it off in a few more pay periods.... I wish they had recordings of phone calls.....again they got their $375 back ...I paid over $500 to them? ....If anyone needs a quick loan again I suggest staying away from Blue Trust Loans....not to mention they are nasty people and no concern for people's hardships.... .. it's actually very sad and I feel sorry for people who fall for companies like this.... :(
#1 Consumer Comment
What Does The Contract Say?
AUTHOR: Jim - (USA)
SUBMITTED: Friday, January 20, 2017
Over and over you show direct evidence you didn't even bother to read the contract which governs this transaction! Then you come here to act surprised about the terms which were no doubt spelled out to you! Absolutely, positively astounding! You need to seek some serous help to develop common sense!
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