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Ripoff Report | PayDay Loan Yes Review - Internet, Internet
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Report: #802868

Complaint Review: PayDay Loan Yes - Internet Internet

  • Submitted:
  • Updated:
  • Reported By: Pattie — Bayonne New Jersey United States of America
  • Author Not Confirmed What's this?
  • Why?
  • PayDay Loan Yes Internet United States of America

PayDay Loan Yes rrowed $350.00 and have to pay back $525.00 $175.00 Intrest what a ripoff Internet, Internet

*Consumer Comment: Payday loans = Loan Sharks

*Consumer Comment: Either you failed to look at their "fees" or you agreed to them...

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Nothing but an internet money scam. Save you self some m,oney and borrow from a friend. You can call anytime of day and its all automated. Been on hold for 32 minutes, there is no known address for this pay day loan yes, I guess I will get a lawyer. NEVER AGAIN

This report was posted on Ripoff Report on 11/29/2011 01:57 PM and is a permanent record located here: https://www.ripoffreport.com/reports/payday-loan-yes/internet/payday-loan-yes-rrowed-35000-and-have-to-pay-back-52500-17500-intrest-what-a-ripoff-802868. 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 Consumer Comment

Payday loans = Loan Sharks

AUTHOR: voiceofreason - (United States of America)

POSTED: Friday, December 02, 2011

The only difference is they get to take you to court if you don't pay, instead of sending a leg breaker to break your bones, or forcing you to pimp out your partner or kids.

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#1 Consumer Comment

Either you failed to look at their "fees" or you agreed to them...

AUTHOR: Ken - (USA)

POSTED: Thursday, December 01, 2011

Here's part of the fee table from their site....



Term

                                                                                    (Days)Annual Percentage Rate (APR)Loan Amount ($)$100.00$150.00$200.00$250.00$300.00$350.00$400.00$450.00$500.00

                                                                                                Finance Charge ($)4  4562.50%$50.00$75.00$100.00$125.00$150.00$175.00$200.00$225.00$250.005  3650.00%$50.00$75.00$100.00$125.00$150.00$175.00$200.00$225.00$250.006  3041.67%$50.00$75.00$100.00$125.00$150.00$175.00$200.00$225.00$250.007  2607.14%$50.00$75.00$100.00$125.00$150.00$175.00$200.00$225.00$250.008  2281.25%$50.00$75.00$100.00$125.00$150.00$175.00$200.00$225.00$250.009  2027.78%$50.00$75.00$100.00$125.00$150.00$175.00$200.00$225.00$250.00



Talk about HIGH interest rates....phew.

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