EZ Loan - Housotn Over rated charges. Houston Texas

 You sure took me to the woodshed with your point by point blows...NOT.  In fact a course in reading comprehension may do you well. 

 REPLY: What level of education do you have, to me "End of Communication," means no contact.  It seems to me that you may need a refresher course in "Reading Compresion and also Ethics and Morals."  What age are you?

Anyways I also really like your reason for going with them...someone refered you.

 REPLY: That is my choice, not yours!

 Perhaps you should ask the one who refered you what type of kickback they are getting. 

 REPLY:  It seems to me that this is the only place that you go to, to borrow money, reason there is no other place where they will lend you the money with the Negative Attitude that you have.  There is a saying and I highly recommend that you will remember this, "You can catch more flies with honey instead with vinager."

  Do you always just go with a company that someone recomends?  Even though you can read contracts, see the high interest rate and have the ability to go somehwere else.

 REPLY:  I rarely borrow money from an instituion like this, this was urgent matter.  Are we Crystal Clear?

 You sure took me to the woodshed with your point by point blows...NOT.  In fact a course in reading comprehension may do you well. 

Anyways I also really like your reason for going with them...someone refered you.

Perhaps you should ask the one who refered you what type of kickback they are getting. 

Do you always just go with a company that someone recomends?  Even though you can read contracts, see the high interest rate and have the ability to go somehwere else.

When someone responds to an OP and the OP doesn't like what was said they go to the automatic default of "You must be an employee".   I can just about guarantee you that if you look around this site you would see that is Standard Operating Procedure.  You would also see how this makes you look like a real "idiot" for even suggesting this.

REPLY:  Sir or Ma’am, you are totally wrong, I am a consumer… This in turn makes you look like an “Idiot!”  Also,  I know about SOP’s, I know there are rules and regs, I served my country for 30 years….,  and maybe you are one of those that have broke those rules and regs, so before you comments, meaning shoot before you aim, think before you speak…and again don’t take it for the wrong..just an observance based on your email. 

The fact is that you got a HIGH INTEREST payday loan.  Very interesting how since you can read a contract.  Because the interest rate didn't bother you when you go the loan when you "needed" the money and because of your credit history they were the only company out there willing to take a risk on you.

REPLY:  Again, Sir or Ma’am, I was referred by someone and I could gone elsewhere…..so again not to get into a pissing contest.

I do love your thoughts though.  Of course it would be "great" if they would accept only $25 in interest and the rest of your payment to principal.  Of course it would also be great if the roads were lined in gold, cars ran on water, and everyone could have their own rocketship to the moon. 

REPLY:  Bottom –line,  remember one thing and I might be older then you and again, I don’t want to get into a pissing contest, is you have to take care of your customers not screw them!

If you think that they could do business this way, why don't you beat them at their own game and open up your own "lending service" that only charges people $25 in interest.  Of course to beat them, you have to take away their customers.  Meaning you have to be willing to loan to people who have not proven they can handle credit where no other lender would loan them money due to their credit history.

REPLY:  NO COMMENT… THIS WILL BE OUR LAST COMMUNICATION……HAVE A NICE DAY…

Oh and since I am sure you are still wondering, sorry but I am not an employee either.

 When someone responds to an OP and the OP doesn't like what was said they go to the automatic default of "You must be an employee".   I can just about guarantee you that if you look around this site you would see that is Standard Operating Procedure.  You would also see how this makes you look like a real "idiot" for even suggesting this.

The fact is that you got a HIGH INTEREST payday loan.  Very interesting how since you can read a contract.  Because the interest rate didn't bother you when you go the loan when you "needed" the money and because of your credit history they were the only company out there willing to take a risk on you.

I do love your thoughts though.  Of course it would be "great" if they would accept only $25 in interest and the rest of your payment to principal.  Of course it would also be great if the roads were lined in gold, cars ran on water, and everyone could have their own rocketship to the moon. 

If you think that they could do business this way, why don't you beat them at their own game and open up your own "lending service" that only charges people $25 in interest.  Of course to beat them, you have to take away their customers.  Meaning you have to be willing to loan to people who have not proven they can handle credit where no other lender would loan them money due to their credit history.

Oh and since I am sure you are still wondering, sorry but I am not an employee either.

 Reply from EZ Loans - Houston: The time to look at the interest rate and decide if you want to accept the deal is BEFORE you sign the contract!  The process of paying down interest first is called AMORTIZATION.  Nothing illegal, immoral or unethical about it.  Its done thousands of times a day in this world.

Reply from James - I know about AMORTIZATION and also I know how to read a contract!  But this is still worse then purchasing a home!  I am not in that line of work but as a consumer I think that your interest rates are outreagous.  Your company is out to make money but be honest and ethical about it, the community in the area is pretty much a lower class.

Not to get into a dispute, is there another way to avoid the HIGH INTEREST RATE, the idea is to get rid of this loan!

Thank you

The time to look at the interest rate and decide if you want to accept the deal is BEFORE you sign the contract!  The process of paying down interest first is called AMORTIZATION.  Nothing illegal, immoral or unethical about it.  Its done thousands of times a day in this world.