Fast Auto and Payday Loans Inc
1724 W Chapman Ave, Orange, CA 92868
Stay away !!!! They will take your car as collateral and charge 160% interest on loans.
They pray on the on the UN-inform. My non-English speaker friend signed a contract in English that he could not read nor understand. They gave him a loan for $2516,00 on 3/2015. He made 4 payments of $340,39, his pay off as of today 8/2015 is $2600,00. His truck is worth around $7K.
Also, they will always push a loan that is more than $2,500,00 to avoid the rate limitation laws.
Please see link from the California Department of Business: dbo.ca.gov/Consumers/Adv…
I'm calling my attorney first thing Monday to see what we can do !!!
Be careful !!!!