BHM Financial Group
Don't do this!

NotaBHMFan
01-11-2013
314

My advise to you is to never use this company. I went to them at a time of need and now I am worse off then I was in the first place. The company advertises "fast & easy, bad credit loans, " a loan which is a lean on your car, which is fine. The part that sucks, is the interest they charge is over 80% or more! I took a loan of $9, 400 and after eight payments of $485.72 I owe the company $9, 602.07

I can not believe that I paid them over $3, 000 and I still owe them $200 more than the original loan was worth! Today I asked them for a complete break down of my payments. Want goes to my principal vs. their interest. This is the worse situation I have ever been in and I blame myself for getting to this point, however, the company is taking advantage of desperate people at a crazy rate interest and below should not be dealing with them in general. I am today looking for a way to get out of this so I don't pay them $15, 000 on a $9000 loan over three years.

I promise I will never get to this place again, however, I will never recommend and hope you think twice about using this company. They are robbing you!