Quickclickloans.com - Is it a trap?

Wow...the sad thing is that someone will get caught up in the trap of this company as well and will actually be legally responsible for paying them back. I am soooo glad I found you guys and am getting OUT of the cycle. It feels great to know that our checks are OURS again!

Wow that's alot of money. A month ago I may have agreed to it thanks to this website I would never!!
That's crazy!!

What? You got this in the mail? To your name? Oh my God! Another pdl tactic? One that you may have had before and now they're soliciting through the mail as this "loan" place? Oh my God. These places never cease to amaze me. Oh. Then why am I in shock again? :shock: This stuff is getting crazier every single day. Thank God you guys post all this stuff. A warning for everyone.

Oh, I will guarantee you that I would have considered it...before WAKING UP!!! I am so thankful each day for all of the posts here...otherwise, I would probably be deeper than I am.

How can they be licensed and legal and still charging interest at such a high point again ?? I thought if they were licensed by a state they had to use the % allowed by that state??

That is so correct. They should have to follow the % allowed by each state they are lending in, correct?

This place is not doing "payday loans" by my state's definition (since the term is longer than 120 days). Rather it would be considered an installment loan. The license they have with my state lets them charge whatever interest rate a customer agrees to, as there is no rate cap in Illinois on installment loans.

They must be buying up lists of names from the credit bureaus, because I've never had a payday loan before -- ie they didn't mail this to me for being a previous customer.

so are you saying that they are not legitimate :?: so they cannot loan out any money, i live in georgia.

This place is exactly like Cash Call. They are backed by a bank, so per federal law they can import the interest rates.

They used to operate in Oregon, and they are just as nasty as Cash Call if you defualt. They will send you letters stating they are getting ready to sue when you are only 30 days late on a payment.

Bflow-doesn't it feel wonderful to have control of our money again? I was just thinking about that this morning, with my last paycheck I was able to actually pay my bills, and have a little left over to do shopping! I haven't felt that in MONTHS!

i got one in the mail today and i asked a question through there contact things, called and got a customer service person and because i asked so many questions she hung up on me... I was triing to talk to her boss.. :twisted:

what is my balance

thanks for the posts.. i got now in the mail too! THANK YOU FOR THE WARNING!!