I spoke then with a man with a heavy accent named Kevin Petterson aka Marvin Morris and I could barely understand him. I asked him to repeat himself several times. He purported to be an attorney for INSTANT CASH USA working out of their Federal department.
Petterson stated that this was a serious matter and that they were willing to settle out of court if i paid the entire balance immediately. When I asked for documentation to be faxed to me, he immediately hung up.
I called again at which time Mr. Petterson's voicemail picked up however the man on the voicemail stated his name as Daniele Martinez. I then hung up and called again, Mr.
Peterson answer rudely and advised me that he did not want to settle anymore just be at the San Francisco superior court on Monday, March 15th 11 a.
It turns out there's a huge online bidding process for such loans. ETaxLoan isn't a lender at all, but something called a lead generator. It huntington personal loan potential customers, then passes them on. When I tried to contact eTaxLoan to learn more, I might as well have been looking for the holy grail.
The company's customer service line connected to a recording that said "due to an overwhelming response to great loans," it could not take calls.
The site lists an address in Delaware - but the company isn't at that address. I spent days trying to find the company's physical location, without success.
Your estimated APR is 391 to 782 Calculation: (lender fee loan amount) x (amount of days in a year duration of the loan) x 100 Low End of Range: (30 200) (365 days 14 days) x 100 391.
07 High End of Range: (60 200) (365 days 14 days) x 100 782. 14 Payday loans are relatively expensive when compared with other loan products. Payday loans are not recommended as a long term financial solution and they should only be taken for emergency financial needs.
The APR on online personal loans can reach up to 1,386 depending on the lenders terms, borrowers residence state, the duration of the loan, loan fees incurred, late payment fees, non-payment fees, loan extension plan, and other factors. Some states cap APR and the amounts of charges for online personal loan.