Complaint Review: Green Trust Cash
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/reports/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. 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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