Ron and Irma Hardin

February 4, 2009 | Pomona, California | Vetting explained

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My husband and I have a Beneficial acct. that was opened 10/30/06 in the amt. of $10,000 at an monthly per. rate of 24.92%. We have made payments on time since then, We last made a payment in Jan. in the amt. of $363.00. The finance charge was $224.18. Our previous balance after two years of making timely payments was $9,496.35 and with a new balance of $9,457.53 after Jan.'s installment.

I have read and re-read the loan ageement and and it does not state anywhere why such a high finance charge is debited to our acct. making it impossible to payoff. \

Beneficial is our neighborhood loan shark.

Ali Velshi please help! ali_velshi economy

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