Monkeyman's comment history

Monkeyman said...

I worked as a District Manager for Advance America For over 10 years.Started out working for Toby in 1997.This industry is bad for the people who need it the most, They think they can not get along without it. 300% plus interest is not right! Once people pay off their loan, after 30 days or so phone calls are made , we miss you,come back in.See they want no one to just walk away.Some cases husband and wife both get advances.I know one customer in my State where they have renewed their loan every two weeks for over 2 years. They paid over 3,000 dollars in fees just to keep that few hundred dollars. Bad part the husband did it for over a year also. One day they got smart.Put a stop payment on the check and wrote a letter with how much money they gave us.That is when I thought Id better find another line of work.Oh before I forget they also get to charge a 5.00 verification fee, they verify nothing! Do not even look at your photo ID.Just another fee they got to rip the poor off. The managers must grow their store in revenue and collect all money due. Most have no protection such as glass from anyone walking in with a weapon. Too much money.Very few branches have glass out of their 2500 stores.Glad Im gone!I sleep very well now. They have a strong lobby group they will survive as long as our leaders take their cash to get elected!

June 24, 2010 at 6:47 p.m.

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