LendNation

I'm grateful for the help I get there to keep my life moving

I actually got a small loan of 500$ when nobody would lend me.

I am just doing this for awareness to others to be prepared. I've never done a loan like this before but with desperation come desperate measure. I did not understand what I was in for. It was easy to be approved for $1500. (Please no offense to the employees). The loan system thou is straight up robbing people. I loaned $1500 with payments of $225 twice a month. That's $450 a month. It's a lot. The loan had 20x payment. So $225 x 20= $4500. :O!!!! They made $3000 from that one loan. I guess it's the price you paid for desperation. This is absurd. I paid back $3995.94 because I paid it early but never again. I didn't pay any attention to it in the beginning. I was just making payments. But every time I called for the balance, it felt like I barely scratched it. I went back to the loan agreement and it was almost 400% interest rate. WTH??? This should be illegal. I was already 13 payment in. What a DUMMY!! I looked up the laws about these loans and sure enough they took advantage of it and took the highest interest rate they can get out of it. My advice, is always go with your bank first before these businesses. But I guess it's a no hassle that makes it popular. That's my opinion on this matter. Anyway, thank you for your service. The women are great, kind and helpful. I guess it's a sales tactics. lol. I AM GLAD I AM OUT OF THIS RACE!!!