SCAMRiver Valley Loans Reports & Reviews (2)
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752% Interest Rate??? Are you kidding me.
This is the most despicable business that I have ever seen. Obviously someone who comes to them needs money... even if they charged a 100% they would still be taking advantage of people. SHAME on them and there is a special place for these people.Victim Location 97301
Type of a scam Credit Repair/Debt Relief
I attempted to find a loan for debt consolidation, and a website supposedly helps pair you by matching your credit score with a financial institution for a loan. River Valley Loans called insistently and texts and emails saying I’m approved, for only $700 of the $5000 I was asking, yet put an interest rate of almost 700%!!!!
So on a loan of $700, total repay would be over $4000!!!!
A total scam!!! And a way to put any person further in debt!!! Not consolate and help you get out of debt! They were super insistent that I give them my banking information. And I refused without knowing if I was approved and at what interest rate, once they said how much it was I withdrew my application…