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| Categories: | Real Estate Financing, Personal Financing |
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I borrowed $4500 from these people in 1997 and again in 1999 I borrowed $5000 for a used truck. Then in 2001 I borrowed $700 to pay some back taxes I owed for a total of $10,200. I have been making payments to them of $300 a month since September 1997. To date, I have paid back $39,600 for a $10,200 loan! And I still have several payments to go! The problem is that over a span of time, I've experienced good and bad times financially. Sometimes during a bad spell, I'd miss a payment or two. They would then harass me into rewriting the loan and starting over again. These people are LOANSHARKS of the lowest degree!