Top Dollar Pawn / Over Charge Interest (Illegal percentage)
I made a $180.00 loan, with the agreement to pay $36.00 per month for interest. The agree stated that if i were to pay the loan back before the month was out, the interest would be pro-rated. They charge the maxium amout by law already. But when I decided to pay the loan back almost the very next day, 2 days later, I was suppose to be pay 2 days pro-rated of the 30 day/$36.00 interest they charge. But instead I WAS CHARGE $15.00 for 2 days. Thats $7.50 per day instead of the $1.20 per day. THAT'S INTEREST FOR ALMOST HALF THE WHOLE MONTH, FOR JUST 2 DAYS!!! It't illlegal and wrong. I told the, associate and the manger...NOTHING WAS DONE. I will be contacting an attorney and the BBB.