Angel R.
Outrageous rates for small loan
Outrageous rates for small loan. Extremely high WEEKLY payments. I DO NOT recommend this company. If you can afford $100 a wk for loan under $1000 would you really need a small loan? Pay very close attention to them when going over information and dates!! If there's a bad reception (like I experienced) call back!!! Sneaky sneaky sneaky.
Response from HelpfullendingMay 7, 2024
Dear Angel, We value your feedback regarding your experience with Helpful Lending, and we apologize if it fell short of your expectations. It's crucial for us to address any concerns you may have about your personal installment loan terms. Upon reviewing your loan agreement, you'll find detailed information about your loan terms, including the APR, payment amounts, and due dates. We understand the importance of clarity in financial agreements, and we strive to ensure transparency throughout the borrowing process. To provide you with greater flexibility and control over your loan, we offer two additional repayment options: Early Payoff: You have the option to pay off your loan ahead of schedule without incurring any prepayment penalties. Doing so not only saves you on interest but also allows you to clear your debt sooner. Additional Principal Payments: Another option available to you is making extra payments towards the principal balance. By doing this, you can reduce the amount of interest accrued over the life of the loan and potentially shorten its duration. We're committed to assisting you in managing your loan effectively. If you have any questions or would like to explore these repayment options further, please don't hesitate to contact us directly at [email protected] or call us at 833-863-1085. Our dedicated team is available to assist you from 8 am to 8 pm EST, Monday through Friday. Your satisfaction is our priority, and we're here to ensure your borrowing experience with us meets your needs and expectations.