Calling them installment loans

Submitted by Anonymous (not verified) on Thu, 05/23/2013 - 11:02
Forums
Credit repair

I am in Iowa and have two online loans with VIP Cash. They are calling them installment loans but are extremely high rates and are being taken out on my pay dates. Are these legal in Iowa each loan is for $300.

sallynachelle

VIP Cash is illegal all over the state of US. You are required to pay back them only the borrowed amount. Don’t pay them any interest or fees. Just close down your old bank account and open a new one to stop unauthorized withdrawal.

Mon, 05/27/2013 - 06:22 Permalink