BlueChip Financial Payday Loan Complaint

BlueChip Financial Payday loan department,

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

I took out a loan from Spotloan in the amount of $300.00. On their website it says that it 's cheaper than doing a payday loan so I thought oh that 's great and then signed up. A month later when I was expected to pay, I asked how much it would be with the interest and they told me $450.00. $150.00 in interest for a month??? There 's no way I can pay that. I 'm on a limited income. That $150.00 would mean I ca n't pay for electricity or groceries for my family. I feel like this is very misleading of them to say it 's cheaper than a payday loan. A payday loan would 've charged me $45.00, not $150.00. So I explained to the company, both by email and on the phone that I could n't pay it and I was n't sure what the next step was. Since then I 've gotten phone calls at least twice a day and they keep trying to withdraw money from my bank account which creates $32.00 fees for me each time.