Future Income Payments, LLC Being taken advantage of and unscrupulous business practices Nationwide

  On August 2016, I contacted Future Income Payments, LLC for the purpose of getting a loan for $2,624. There were several phone conversations and emails between us asking a lot of personal financial information. The problem is I thought I was understanding what was being said to me, but in reality I didn't understand the pay back plan at all. For a $2,624.00 loan, they are going to deduct $350.00 monthly from my checking account for approximately 5 years. If you do the math, the balanced owed in their eyes would be $21,000.00.  Who in their right mind would borrow $2,624.00 so they could pay back $21,000.00? Not even a 64 year old women with the onset of dimenia, but obviously I did. I did not realize that until I noticed on my checking statement the amount of $350.00 was being deducted as of September 2, 2016 and was told there was nothing I could do about it.

   I have contacted the Attorney General Office and prayerfully they will be able to help me in this terrible situation. This is not good business ethics or practice and I hope it can be resolved between both parties. Be seriously aware of any type of cash advances, or businesses of making loan sharks legal whether they are physically located, or on the internet.