Hello I live in CA and I have paid off several loans and am currently paying off two, one from plain green loans and the other great plains lending. 1. The names of each of your lenders Loan 1
1/4/2012 Plain Green/ Principal $500
1/27/12 1st payment of $93.38
3/30/2012 Last pmt, paid in full $430.65 /Total Paid $897.55 /Interest Paid $ 397.55 Loan 2
2/13/2012 Great Plains/ Principal $800 2/24/2012 1st payment of $127.87 x 4= $511.48 4/5/2012 Last pmt, paid in full $720.44/Total Paid $1231.92/Interest Paid $ 431.92 Loan 3 4/3/2012 Plain Green/ Principal $800 4/17/2012 1st payment of $902.58 4/17/2012 Last pmt, paid in full $902.58 /Total Paid $902.58 /Interest Paid $ 102.58 Loan 4/Current Loan 04/16/12 Great Plains / Principal $900
05/04/12 1st pmt / $129.87 x 5 = $649.35 paid so far (as of 7/5)
Leaves $250.65 / $129.87 = 1.93 payments
What they want: $129.87 x 19 = $2467.53 / Interest $2216.88 Loan 5/Current Loan 04/24/12 Plain Green / Principal $800
05/04/12 1st pmt / $115.31 x 5 = $576.55 paid so far (as of 7/5)
Leaves $223.45 / $115.31 = 1.93 payments
What they want: $115.31 x 15 = $1729.65 / Interest $1506.20
2. How you obtained the loan (internet, storefront, etc.) Internet
3 What state you live in
4. How much was deposited by each lender (if you've had and repaid multiple loans prior to this one, add them all together)
5 Loans for a total of $3800 since January 2012.
5. How much you've been debited by each lender (again, if you've had multiple loans, do the math and give us a total)
On the current Plain Green loan, Iâ€™ve paid 5 payments so far, totaling $129.87 and the current Great Plains one I've pain 5 payments of $115.31 (as of 7/05) The first 3 Loans total $2100. I paid a total of $3032.05,($1800.13 to plain green and $1231.92 to great plains), Which means I paid $932.05 in interest over the course of 4.5 months. The 2 currents loans total $1700. I've paid a total of $1225.90, ($649.35 to Great plain and $576.55 to plain green)
Total to date $3800 loaned out and $4257.95 paid back
Great Plains Lending- $1700 paid $1881.27
Plain Green Loans- $2100 paid $ 2376.68
6. Details of any communication you've had with the lender
7. Any additional question(s) specific to your situation
I'd like to know what options i have available to me and the best way to proceed. Since i have paid the toatl amount loaned to me by both lenders in interest from previous loans, should i tell them that's good for everything and put a hold on them. Or should i pay back the principal on the current ones and ask for a refund fromthe previous? Which would be the fastest and easiest solution since I am looking to put this mistake behind me in life.
I would really appreciate your advice. Thank you.
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