Project Payday
Complaint 226000 Details

I received a loan of $500.00 from Payday Mobility on 01/15/13 a called was made from one of their agents stating that there would be a one time fee of $150.00 and then the balance of the principal could be paid off in installments. I receive a email on 02/01/13 stating, Your Payday Mobility payment due date is approaching.
Please use the links below to select your payment option at least two business days before your due date.
If you do not select a Payment Option (unless you previously submitted a Continuous Pay Down request), we will assume that you would like to make your minimum payment. Payday Mobility encourages you to make an additional principal payment each due date.
Account Number:000000
Payment Due Date:05/01/2013
Current Principal Balance:$437.50
Current Fee:$262.50
Minimum Principal Payment:$62.50
Total Minimum Payment:$325.00
I don't get a chance to to select a payment option, I went to my bank account and they took out $262.00 on 04/01/13. The same thing happened in march They took out $300.00 on 03/01/13.
So far for a loan of $500.00, $812.00 has been paid and they want another $437.50 on the frist of May. This is so wrong and it is fraud and I do not know want to do to stop them yet. Help is so needed to stop this for they have been paid back $812.00 for the $500.00 plus an extra $100.00 for the loan which should be more than enough.