Update by user Dec 10, 2018
impossible to reach a live person
Original review posted by user Dec 09, 2018
I applied for a $1,500.00 Loan on line and was approved subject to nine monthly payments of $823.42. I tried to reach a rep by phone but no response just put on hold forever.
Only recorded messages. This effective interest rate on this loan is 758.736% if annualized for a year.
This is unreal!
This is Company does not seem to be on the up and up. They may even be in violation of the usery loan laws but I am not sure.
Product or Service Mentioned: Zocaloans Loan.
Reason of review: Pricing issue.
Preferred solution: Price reduction.