I received a loan from loan point usa for $300. I had $90 taken from my checking account (which they said did not go toward my balance but only served as an extension) every two weeks x 3 payments before I ended up overdrawn and had to close my account. I called them to make arrangements for another method of payment, but was told they would not accept western union payments until my account had either been closed or charged off. During the next 3-4 weeks they have attempted to debit my account for 6 more $90 payments to bring my total balance of loan to $900. Is this right? I live in Alabama- FLORENCE They said if I sent them 4 payments of $150 they would subtract $300 from balance. Please help me. They sent me an e-mail saying that they were getting ready to render a decision that would affect me directly and to call them.
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