Enova International, Inc. Payday Loan Complaint

Enova International, Inc. Payday loan department,

Payday loan Charged fees or interest I didn't expect Charged fees or interest I didn't expect Virginia

Was approved for a - credit line of $1000.00 on - -, 2016. The moment I requested the full $1000.00, I was assessed a 15 % fee or $150.00. I was unable to make the payments of more than $230.00 every 2 weeks as I thought there would be much smaller monthly payments - not payments of nearly 1/4 of what I borrowed every 2 weeks. That 's what I get for not carefully reading the fine print. Interest was compounding daily on the original principle and I received statements every 2 weeks with interest in the amount of more than $100.00 each time. By the time I came up with the money to pay off the credit line, exactly - days from the date I received the loan, fees and interest had driven the amount owed to $1400.00. That 's more than 42 % return for allowing me to use $1000.00 for 55 days. Beware! Read the fine print! Stay away from pay day loans.