Absolutely horrible predatory scam loan company. It just does not get any worse than this. Hard to understand why this is legal--I have a feeling they are not long in this world.
I tried it out and should have read the fine print--but there really wasn't anything at first that stopped me. Then the loan docs, who really reads those? We all should!
Thought it would help my credit but checked my credit after getting this loan and found out I was in the low 700's. So I kicked myself for doing it and now I can't wait to get out of it.
My first 5 payments (bi-weekly for $247) all got sent to the interest fairy. So paid nearly $1200 and my balance for the 6th payment was $2800. How can this happen on a $2600 loan?
It is just a matter of time before this despicable company is wiped off the face of the earth by thousands of pissed consumers. I hate the company so much, I wrote a blog to warn others: http://911patchprojectnews.blogspot.com/
Product or Service Mentioned: Rise Credit Loan.
Reason of review: Bad quality.
Monetary Loss: $1500.
Preferred solution: Let the company propose a solution.