Anonymous
Charged fees or interest you didn't expect: Payday loan, title loan, personal loan, or advance loan
I am filing a formal complaint regarding my financing agreement with PayTomorrow. I signed the contract based on the total amount I was told I would repay, as stated in the agreement $4100.00 after interest. However, after reviewing my payment schedule, I discovered that the required biweekly payments over the full term add up to nearly double ( $8200.00 ) the amount disclosed in the contract. This total was not clearly explained to me before I signed, and the figures in the agreement are misleading and do not match what I am actually expected to pay. Had the true total repayment amount been accurately disclosed, I would not have agreed to these terms. I have retained copies of my contract, payment schedule, and other written documentation that support my complaint and clearly show the discrepancy between the amount disclosed and the amount I am being required to pay.