Report: #1373127

Complaint Review: nhcash - bedford New Hampshire

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Ripoff Report is Xcentric Ventures

Submitted: Sun, May 14, 2017
Updated: Sun, May 14, 2017
Reported By: john — Virginia USA

Author Not Confirmed

Why?

nhcash 169 s river rd bedford, New Hampshire USA

Phone: 8886422740
Web: nhcash.com
Category: Loans

nhcash loan sharks bedford New Hampshire

*Consumer Comment: Are you paying only the interest?

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I BORROWED 200.00 FROM NHCASH ABOUT YEAR AND HALF AGO. I HAVE BEEN PAYING THEM OFF MONTHLY BUT YET MY AMOUNT THAT I OWE THEM IS STILL 200.OO YET I HAVE NOT MADE ANOTHER LOAN. AS LONG AS I HAVE BEEN PAYING THEM WHY IS MY LOAD STILL 200.00.

This report was posted on Ripoff Report on 05/14/2017 08:37 AM and is a permanent record located here: https://www.ripoffreport.com/reports/nhcash/bedford-new-hampshire-03110/nhcash-loan-sharks-bedford-new-hampshire-1373127. 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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#1 Consumer Comment

Are you paying only the interest?

AUTHOR: FloridaNative - (USA)

SUBMITTED: Sunday, May 14, 2017

POSTED: Sunday, May 14, 2017

Sounds like you are only paying the interest due each month and none of the principal. The way to check is to read your contract to see how the payments are allocated. If you are only paying interest - the loan will never be paid off. It is the worst way to borrow money. Read your contract to find out the proper way to pay it off.

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