Loretta T Tqw

Nextloan Lending - Refused to accept early payoff

stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full

I called to get a loan for rent. Got approved fast.

Received a check called to repay the loan 2 days later was told I had to wait until after I made the first loan payment to pay the remaining balance I refused the offer. Called back spoke to the same lady she refused my payment again. I called the bank and stopped payment on the loan even tried to reverse the payment. So I'm glad my bank stopped the payment.

Then I got a letter saying no they were going to issue a wage assignment. I refuse to allow this to happen went to an atty was advised to revoke the wage assignment.

This is ridiculous this is a way for them to force their extremely high interest rate on you. I borrowed $1127 but they wanted me to pay $387 every 2 weeks for 18 months not today Satan this should be illegal that they refuse early pay off even though they offer it.

View full review
Cons:
  • Refused early payment

Preferred solution: Let the company propose a solution

2 comments
Dajanique Yuf

I got a loan and was gonna pay it off early, should I just call my bank and report them as scammers? because im not paying over 5k for a $750 loan that I offered to pay back my next paycheck.

like I literally asked her to set up a one time repayment to go into places before I even took the loan so id have It for only 2 week and they wouldn't. said I had to accept it in the one year term and then call them afterwards to change the plan

Lucas Fla
reply icon Replying to comment of Dajanique Yuf

I just did the same thing today. wondering if I should try to stop it…

View more comments (1)