Review Time
I just received the loan, but I was never informed that I would need to repay $5,000 on a $900 loan. It's been less than 24 hours, and I'm returning this money as I was unaware of the high interest and couldn't understand my loan agreement.
They impose an astonishing 667% interest rate. Yes, hundreds. This crucial detail isn’t highlighted in the terms, and they fail to mention it. After two months of a $1200 loan, I paid them $1,600, only to find out that none of it went toward the principal. This feels criminal.
738% interest rate 738 Percent, sounds illegal to me the pawn shop doesn't charge that much I was quoted for $1135 I was going to pay $5427 interest and payments of $321.00 twice a month so in 8 weeks the recouped their loan amount directly out of my account and the rest of the payments is interest. Predatory loans used to be against the law in the US now its kill everyone with dept. Stupid plain Stupid...Run and run fast away from these guys someone is getting rich off the backs of the working people and it looks like its River Valley.
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River Valley Loans puts our customers first with the best in benefits and customer service. We never charge prepayment penalty fees and in most cases, we can have your funds deposited the same day you apply. We want to help everyone that we can when an unexpected financial expense happens.
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