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Report: #1486280

Complaint Review: Comet Loans - CA., AZ.

  • Submitted:
  • Updated:
  • Reported By: LOANWENCH — Lakeport CA United States
  • Comet Loans 30 Tonto Apache Reservation Payson, AZ CA., AZ. United States

Comet Loans Biggest RIP-OFF loan place charges 780% interest CA., AZ.

*Consumer Comment: Sounds like

*Consumer Comment: Ridiculous!

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How can this even be legal?? They high-pressure you into taking a loan, knowing how desperate you are, claim to "Read" you the disclosures, (not send them to you to read yourself), and they are read to you so fast by some Dot Indian, Not a Feather Indian, that you can't understand a word they said.

Claim to be the Tonto Apache Indian Tribe out of Arizona, but sound like their straight out of Mumbai, India!! They charge such exorbitant interest rates, I wonder if any agency regulates or monitors these common theives. DO NOT BORROW FROM THESE CRIMINALS!!! My boyfriend took one of their loans for $825, and is stupid enough to pay them $123.51 dollars a WEEK!! NOT A MONTH!! Until December for God's sake! From March of this year! I wanted to beat the living nut sack off of him! This is one of the biggest scams I have ever seen! They need to be stopped ASAP!!

This report was posted on Ripoff Report on 10/11/2019 08:35 PM and is a permanent record located here: https://www.ripoffreport.com/report/comet-loans/ca-az-biggest-ripoff-loan-1486280. 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

Sounds like

AUTHOR: Robert - (United States)

POSTED: Saturday, October 12, 2019

Sounds like your real issue is with your boyfriend.

You can think that your boyfriend was presured into it, but the reality is that he signed the papers of his own free will and could have walked out at any time.  If they "read" the terms so fast that he couldn't understand it, he should have asked them to repeat it or read it himself. If they refused then he should have walked.  He didn't walk out because he has trashed his credit so much that he can't get a regular Credit Card or loan for only just a few hundred dollars.

If places like this didn't exist, do you think he would have gotten a loan at any other lender? If you think so the perhaps you are the one with the issues in dealing with reality.

Sorry if this sounds rough, but the only reason places like this exist is because people like your boyfriend are a high risk and high risk means higher costs.

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#1 Consumer Comment

Ridiculous!

AUTHOR: Momo - (United States)

POSTED: Saturday, October 12, 2019

 COMMON SENSE means you READ the terms of the deal BEFORE you agree to it! Nobody forced him to get into this. He volunteered.

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