Big Picture Loans, LLC Payday Loan Complaint

Big Picture Loans, LLC Payday loan department,

Payday loan Applied for loan/did not receive money Applied for loan/did not receive money North Carolina

I applied to a pre-approved loan. Once applied, I was approved and was told to sign ( online ) the agreement form in order to process any further. I read the loan agreement and decided not to pursue any further due to the interest rates they intend to charge. For a loan of $250.00 they want to charge an interest rate of 865.8168 %!!! The total amount to pay back according to the agreement would be in the amount of $1100.00. Now again, this is for only a $250.00 loan. Now they are harassing me through multiple phone calls a day and emails. I do not want to do business with them if they are trying to use me like this and I wish them to answer to their reasoning of charging such an insane interest to people who desperately need the money in order to make ends meet.