Prisca
I did not sign blank checks. I sent them checks and evidently the O/M either forged my signature are one of the other signers on the account. I would have never sent signed checks.
And also this is not to bad of a service if someone will borrow once and then come back in after two weeks and pay it off.
A lot of my clients when getting the money either are due to getting there lights turned off, need grocerys for there family etc. And some come in to borrow money to go gambling,emergency trips. No one else will help them.
You would be surprised at the amount of people that never pay back a red cent, actually about 30% and I have never went after someone in court when they stiffed me. I just take the loss.
To be quite honest with you when I got in the business I never dreamed that people would pay that fee for 2-3-4-5-6 momths etc. and get stuck like they would.
And also I never really felt real good about the business because of the high rates but was sort of talked in to it by my ex-partner.
When I was loaning out my own money I would let folks off after there 4th payment, however when I had investors they would not allow that at all, they would only let a client off the hook after there 12th payment. They also would not go after bad debt customers so I would actually tell customers not to keep paying because I knew that.
Anyways I have decided that today Sunday I am closing this place down I am fed up with the whole mess and I am through with it.
They can do what they have to do and i am doing what I have to do. I am sending them there files (active files) and they can sort it all out for themselves.
Cheers to you all !!!