I had applied for a loan with the company 500 fast cash, i read the terms and conditions of this company, and opted out of a special promotion they were offering.
Needless to say the loan was approved and i received my money on 07-12-2010. But on 07-09-2010 my account was debited by a company that i had never heard of untill they took out $48.88 from my checking account.
I immediately contacted my bank and filed a dispute claim with them and let them know that i did not authorize this debit from my account.
I couldn't reach the company on 07-10-2010, because they were closed until 07-12-2010 9a.m. eastern standard time. The strange thing they presented a check to my bank, i was wondering how could they do that if they didn't get permission.
I reached the company and they informed me that they would issue a refund, but my question to them was how did they get my information in the first place, the operator informed me that when i applied for a payday loan thats how they got it.
So i asked the name of the company and she informed me that it only showed that i applied for the loan. Funny how that works they can debit my account but can't tell me the company who gave them the info. I found out on my own, by unsubscribing to all the unwanted e-mails. And the same address kept showing up.