My name is Martha and I live in Las Vegas, NV.
I got an online loan from CNUSA.
I have a question regarding an issue... that I am not sure if it is a legal practice. I borrowed 450 dollars from CNUSA, I had the opportunity of extending that loan twice by paying 112.50.
The first time, I did it...paid 112.50.
The second time... I missed the extension payment of 112.50 and 3 days later I received a collection call driving me to enter into a repayment plan for the missed extension payment of 112.50 which I did.
Then, I defaulted on the third payment which was the principal + the interest, and now collection called me again asking me to enter into another repayment plan to pay the initial owed amount which is 562.50.
Something I didn't mention is that when they could not withdraw the 112.50 from my account on the second extension, they tried again by splitting the amount into two 56.25 and 56.25 and I had to pay my bank 3 NSF (105.00 for the extension of 112.50, plus an NSF for the 562.50) 4 NSF in total for the entire loan. So I ended up paying 787.50 for the loan plus 105.00 to my bank for a total of 892.50 for a 450.00 borrowed.
Please let me know how to solve this situation if there is a way. THANKS