when i called them because i needed a loan they explained the interest to me the way they explained it did not sound so bad. i went ahead an signed the contract for the loan back in June 2012. I have made a total of 6 payments and the it has all gone to interest. my loan was for a total of 3, 790.00 dollars after 6 payments of 360.00 a month i called in December 2012 for my pay off and they said it was 3639.00. i was so upset i called a few times trying to get ahold of someone that would explain this to me finally i was transferred to someone who was very apologetic and said that their job was to make sure interest rates and how it works gets explained to the customer when they sign the contract but unfortunately they try calling me but couldn't get ahold of me...i was very upset. i asked to speak to a supervisor and up to this day i still haven't received a call. basically to everyone out there please, please, please do not do business with 1-800 loanmart they will get you more in debt. I regret this so bad. their interest is so high if i keep on making my monthly payments according to the contract i will pay a total of 8, 648.10 interest and loan. please do not take out a loan with them. i wish i would of looked and done my research before signing up these kind of loans are aimed at people that are vulnerable and are in need of financial help.