This company appears to engage in
This company appears to engage in usurious practices, providing loans with exorbitant charges. The loan terms, hidden in the fine print of the contract, were not transparent, leading to unfavorable conditions. A notable concern is the absence of a principal balance for extra payments, resulting in a fixed 35% charge on the entire granted amount along with additional fees. This structure, in essence, doubles the repayment amount, exemplified by a $6,906 loan incurring a staggering $11,832 charge. Advocacy for legal measures to curb such practices is expressed, emphasizing caution for potential borrowers to reconsider dealings with this company. LENZI loans is implicated as an intermediary connecting individuals to these seemingly exploitative lending practices, warranting vigilance.
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