I was in a car accident 4 years ago. I had gone to a settlement lender for a small amount after my income benefits were cut off. I guess I missunderstood how the interest was calculated and found out my payout today. I borrowed 2000 x 2 , 3 yrs ago and 1000.00-2 yrs ago, so total 5000.00, my payout is just shy of 15,000.00. I will pay back 200%. I am willing to negotiate but feel I was being taken advantage of. I was so stressed, in constant pain , lack of sleep, frustrated that I clearly was not thinking clear. Is there anything I can do about this. I was maybe thinking of trying to settle with them for 10,000.00. Are my hands tied?
Any advice would help.