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solar loan scam

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solar loan scam Reports & Reviews (1)

- Elizabethtown, KY, USA
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They offered a loan for Solar Panels at my residence. The original loan amount is 38,250. I was told interest would be 6.5%. The internet rate is 6.5% but it's daily not monthly or annually. I have been paying the required payment for over a yr now and my balance is still the same. They set it up so I'd only be paying interest until I claim the solar tax credit from the GOVERNMENT which will ve 11k and put it towards the loan and bring the balance to 28k by April or my payment will go up. Nobody in their right mind would enter into a contract if they were aware of all that. I was aware of the tax credit but not that the interest rate was daily.

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