Ms A.
Predatory loans
Predatory loans, intrest rate of 638.3%, two options for repayment, and daily interest. . Should you fall victim to them, make principal only payments as often as possible. I borrowed $1000 , the first payment was $70, I paid $200. A week later I owe $974. Predatory loans
Response from Dash CreditOct 15, 2026
Hi, Thank you for sharing your feedback. We understand your concerns regarding the interest rates and terms, and we appreciate you taking the time to voice your experience. At Dash Credit, we are committed to complete transparency throughout the lending process. Before any loan is finalized, we provide a full loan agreement that clearly outlines the APR, daily finance charges, payment schedule, and total repayment amount so you can review all details prior to accepting. You are correct that making principal payments is an effective way to lower borrowing costs. In fact, we structure our loans with flexibility so you are never locked into the full scheduled term: Additional Principal Payments: You can make extra payments directly toward your principal balance at any time, which reduces the total daily interest accrued and shortens the life of your loan. Early Payoff: You are welcome to pay off your balance in full at any time with zero prepayment penalties, saving you significantly on total interest fees. To protect your privacy, we cannot discuss specific account details in a public forum. We would love the opportunity to review your account, ensure your payments are being applied as effectively as possible, and address any outstanding concerns. If you prefer to speak with us , please contact us at [email protected] or 855-298-0046 (Monday – Friday, 8:00 AM – 8:00 PM EST). Best regards, The Dash Credit Team