They lie to the customers & try taking payments earlier than scheduled
I took out a loan because I missed work for a few days to move when my lease expired. I got approved for $600 then it was changed to $200 when a human being was involved but I took it needing funds for food to feed my kids! The loan cost $100 for 1 month. I keep my card locked so when the payment was repeatedly tried earlier then scheduled it wouldn’t be processed so when the payment was processed on the correct date it went through and i was still receiving messages telling me that I need to pay immediately. I never received any receipt for my payment or pay off I received messages from MLC saying that they would help me with a loan next time but the 1st chance they had to deny me they did for not having a good credit history with them. The loan was paid off in full by 1 month and it’s the 1st company that uses paying back loan is the reason for denial. I believe from my experience the underwriting department determines that they want or don’t want based upon if they feel like it or if they’re having a bad day then denial! Also any company that is willing to lie to customers in text and email it is not one to trust. It’s the 1st time repayment of loan is why I don’t get approved. Any other loan I have had and even being a couple months late before paying off due to my mom getting brain cancer last year and I got another loan higher after the late repayment. They don’t loan out what you 1st get approved for. The cost of the loan is the highest like borrowing $200 cost $100 and they lie to get you to use the service by saying you are getting more and lie about your being able to get another loan to rip people off quick and get rid of them.