I took out a loan for $400 and so far I have paid a total of $950 back!!! That is more than 50% interest!! Supposedly because I didn't change the default settings to take out the principal, they kept charging me interest! After $950, they still told me that I owed an additional $260! I never encountered such a ridiculous repayment structure and I will advise that you avoid these losers at all cost!!! To make my situation even better, upon contacting their CEO (or whoever is the brains behind this shady operation) Mike, and informing him that I will not allow the payment that was authorized on 10/31, they decided to take the $260 out of my account a week earlier, without authorization!! If I can help at least one person avoid these shady losers I will be happy!!!