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  • Report:  #1444091

Complaint Review: Hummingbird Loans - Hayward WI

Reported By:
Norman - Omaha, NE, United States
Submitted:
Updated:

Hummingbird Loans
PO Box 1754 Hayward, 54843 WI, United States
Web:
Hummingbirdloans.com
Categories:
Tell us has your experience with this business or person been good? What's this?

I took out a $500 loan for a short trip for my step-daughter's wedding. I received the loan on May 10 with the intension of paying it back after May 21. I had already made a payment of $76.50 on May 17. On May 22 I called to pay off the loan and was informed that because of the interest on the loan I would have to pay $560.85. I could not believe it!! 

I loaned $500,made a payment of $76.50 and still owed them MORE than I loaned???  I was never told what the interest rate was, and did not think much about it  thinking it could not be that much interest in 11 days.   NEVER again!!   There should be some law made making companies like this illegal.     



1 Updates & Rebuttals

Perry Mason

United States
Right, Sure!

#2Consumer Comment

Tue, May 22, 2018

You were provided with a contract either on line or in the mail which YOU had to sign and agree to. YOU didn't even bother to read what you agreed to! By the way, you didn't loan them the money, they loaned the money to you! 

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