ALEXANDRIA, VIRGINIA -- I have a service that represents me known as "Prepaid Legal." They informed Cashpoint that not only what they were doing was against the law, but to "resubmit" something so as I could make payments. Within 2 week from the letter to the organization, they had my car towed and I was responsible for the entire amount plus storage and towing.
The paperwork given to me was less than business-like; as in there were amounts and that was it. I was quoted one amount ($1,036.36). Upon paying the amount turned into $1,557.73. *(The original loan was for $500 for a life of 4 months at what I originally thought was 36%, it was in actuality 360% due before car was to be released or sold in 10 days. (I noted the company seems to be "targeting" minorities" per their TV commercials.)