ED Magedson – Founder
Green Trust CashP.O. Box 340 Hays, Montana USA
Green Trust Cash Payday loan ripoff Hays Montana
In January of 2014 I applied for a $350 payday loan. A loan agreement was never provided to me and I know find that they have been deducting $105.00 each payday(bi weekly)since the loan was given. That is a minimum payment amount(of which I was not informed of)and only $10 goes toward the principal and the balance is interest. According to what the representative told me on 3/11, it would take 35 payments of 105.00 for the loan to be satisfied. I have used payday loan services before, and am aware of the high interest, but not to this degree. This is a company located on a Native American reservation, so apparently federal laws regarding interest gouging do not apply.
Be aware that if you use this company for a payday loan, you will be gouged.
This report was posted on Ripoff Report on 03/11/2014 03:10 PM and is a permanent record located here: http://www.ripoffreport.com/r/Green-Trust-Cash/Hays-Montana-59527/Green-Trust-Cash-Payday-loan-ripoff-Hays-Montana-1129960. 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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