Report: #1403597

Complaint Review: Golden Valley Lending - Upper Lake California

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Ripoff Report is Xcentric Ventures

Submitted: Mon, October 02, 2017
Updated: Mon, October 02, 2017
Reported By: Jay — Phoenix Arizona USA

Author Confirmed

Why?

Golden Valley Lending 635 E Highway 20, East Upper Lake, California USA

Phone: 8552147011
Web:
Category: Loans

Golden Valley Lending Loan Sharks Upper Lake California

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I originally “qualified” for $800 as a payday loan but I only needed $300. After all the fees the total Loan amount came out to $390, which was 30% on the dollar and they were going to auto-debit minimum payments of $105.00 until it was paid off—This part I was fine with. What I’m not fine with is after the 1st payment my principal balance only went down to $370.50 and now they are ready to debit my account again and again until I can have the funds to pay it in full. I need answers on how they charge insane interest when the balance is only going down???

This report was posted on Ripoff Report on 10/02/2017 08:55 AM and is a permanent record located here: https://www.ripoffreport.com/reports/golden-valley-lending/upper-lake-california-95485/golden-valley-lending-loan-sharks-upper-lake-california-1403597. 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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