800LOANMART
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1 stars | | (3) |
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Category: Business & Finances
Contact Information California, United States
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800LOANMART Reviews
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paulbarajas59
June 30, 2011
Expensive Loan
First off I want to say the that the loan I got from 800loanmart was very expensive!!! But I want to thank 800loanmart for helping me out & for being the only ones willing to help. I was having trouble paying a credit card that I owed $13, 000 on so the credit card bank offered me to settle for $3, 500. Only problem is they only gave me 4 months to pay the entire settlement amount & if I didn’t pay the total by the 4th month the settlement would be voided & I’d lose the $250/month I paid for 3 months. I was on my 3rd month & had not been able to borrow the remaining $2, 750. My credit union and my bank did not want to lend me money on my car title because of my credit. None of my family members or friends could help either. Before I took out my loan with 800loanmart I was not sure if I should because I read some bad reviews on them but since I really needed to meet the deadline I figured I'd give them a shot. Plus the BBB had given them a B+ rating anyway so I thought it would be worth a try. Again, I do have to say that the loan I got from them was expensive but it was convenient & what I like about this company is that they disclose this clearly & even in the contract it says it in big letters "this is a high cost loan, think carefully before deciding to take loan" or something like that. I was able to get the money fast without any hassles & in time to meet the credit card settlement deadline. I also made sure I made my payments on time to payoff my car title loan. I paid off my 800loanmart loan in 5 months and although it was pricey I ended up saving a lot more money than I spent because had I not made the lump sum I would have lost my $750. More importantly I also ended up saving about $9, 500 because of the settlement and I don’t have to pay that credit card anymore.
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RickO99
May 17, 2011
Loan Shark! Crook!
Last month, I went to Loan Mart to get a loan because I was in financial crisis. The interest rate is skyrocket high. When my payment is one day late, a collector called me and my family member and harassed us. They were very rude and thretened to repossess my car. REally? For one day late payment? Two days later, I called them back to arrange my payment. They still kept insulting me and saying that there would be no mercy for my next payment. CROOKS!
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ddebb
September 16, 2009
BAD BUSINESS
I took a loan out for my truck, to try and save my foreclosed home...I had no other alternative. It is 2 years later and they are telling me that I still owe the principal balance, plus fees. They have threatened me, called my boss and family members and even sent the repo man out to harrass my son. After paying them the past due balance, they never stopped the repo action and they embarrassed me at my job, saying I owed them money. These people are CROOKS!!! Even as a last resort, DO NOT GET A LOAN FROM THEM.
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