Zibby.com — fraudulent loan practices
I had a very unfortunate account with zibby.com. I purchased merchandise totaling $416.00 and i paid via auto deduction from my checking account monthly. I even paid extra one month so by the time the 90 days came up my account would have been paid in full. Today, august 16th i received notification that another payment was due and i was surprised as i paid off the account in full last month.
I had to pay an additional $202.44 with a credit card as they said i was one day late in making my payment. So for a $416.00 loan, i paid $618.44 which is a disgrace. I was not aware that this is how the program worked, and i made sure that i paid extra in advance so that when the 90 days were up, the account would have been paid in full.
I will find a way to take this company to court due to their fraudulent loan practices. I will make consumers aware of the injustice served and to never use this organization ever again, until they learn to deal honestly with the public.