Every payday for me, they withdrew $90 form my checking account. This went on for six weeks ‘cos I get paid every two weeks. That adds up to $270. On the third withdrawal, I called them to find out what my balance was, it was still $390.

I deceided to pay the loan in full that same day they withdrew $90, Thinking I’ve got pay only $300. But my balance was still $390. Meaning I have pay to $390 after they’ve withdrawn $90 from my accounts that same day, less than 30 mins. ago.

They explained to me that my next withdrawal is goin to be $140, that is $90 plus $50 every two weeks until the debt is cleared. That means I’ll end up paying $1110 for a $300 loan.

I feel I’m being duped. Can any of you help me out. I also understand that every state has a different law regarding the profits on payday loans. Can any of u give me the link to the one in massachusettes.