Last week I was preapproved for an unsecured online credit card. I thought it wouldn't hurt to try it out, so I did. While I was checking out the website, I saw an ad for a cash loan up to $1500. I was just curious as to why someone would randomly loan so much money.
Eventually, I ended up being accepted by 200cash.com. Since I was planning a trip to see my fiance who is in AIT in Missouri, I thought that an extra $200 wouldn't hurt to have. Once I gave the lenders my account info, they asked me to electronically sign a form authorizing them to withdraw $19 before they deposited the $200. I found that very odd so I immediately canceled the entire process.
The next day I called my bank to be sure they hadn't taken out the funds anyway, and they hadn't. After that, I forgot about the whole thing and went on about my business. Saturday, when my dad brought the mail inside, I received a statement from my bank saying that I had over-drafted by $19.45 because I only had 55 cents in the account at that time.
Since I knew I had basically no money in my account, I would have never written a check or authorized a payment of any kind. When I called the bank to dispute the charge, the girl told me I would have to call back on Monday to talk to another department about the issue.
I was curious as to who had tried to deduct $19 from my account and when I looked at my bank statement a little closer, I saw that the description was "200 cash com/Preauthorized Phone Payment". I went to Google.com and typed 200cashcom in and that is when I came upon this site. When I read about the scams from 200cash.com I became infuriated!
I don't see how it is possible for people to do these things. I could understand if I HAD electronically signed the form, but I hadn't. Even if I would have signed the form and they deducted $19 from my account, they didn't deposit the $200 like they said they would.
When I get off of work Monday afternoon, I am going straight to the bank to have the transaction reversed and my checking account, as well as my savings account closed. They have probably already tried to steal more of my money but hopefully my bank will do something about this matter.
I am tired of people who are too lazy to do a little bit of work to make an honest living and scam those of us who work our tails off to support ourselves and our families. I hope that they are stopped and if there is anything I can do to assist in their arrest and prosecution, I would be more than happy to do so!
Toni
Oak Ridge, Tennessee
U.S.A.