Big Picture Loans, LLC Payday Loan Complaint

Big Picture Loans, LLC Payday loan department,

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

I applied for a payday loan and was approved. After being approved and making - payment of $210.00 to the company whose full address and name is listed below, I found out before having to make the next payment that we would in fact have to pay a finance charge of $3600.00 which would be spread out between - payments lasting a year which would begin decreasing through the life of the loan. Our initial loan was for $600.00 and by - - of 2017 we will have paid a total of $4200.00 which is more than 7 times our initial loan. When I applied and was approved for the loan I had no idea they were going to be making me pay so much. I can understand having to pay some money more over a couple of months, but 7 times the money I borrowed seems illegal. Below is the address and name of the company. Red Rock Tribal Lending, - - - -. - -, -, MI -