- Report: #1048733
Report - Rebuttal - Arbitrate
Complaint Review: 500 Fast Cash
500 Fast Cash515 G SE Miami, Oklahoma USA
500 Fast Cash I borrowed $400 from this company on Jan. of this year, I have paid $880 on this amount. Today I talked to them on the telephone and they informed me that I owed them $350. Miami Oklahoma
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
I borrowed $400 at the first of the year from 500 Fast Cash. My understanding was that they would take the amount that I owed to them over a period 3-4 months. Today I was informed that the payments tht I have made to them are simply a finance charge. This leaves me a balance of $350. This is a crazy amount of interest that they have assessed on this loan. I need help/advice on this matter.
In other words I have already paid them $880 on a $400 loan. This should be illegal. I need some help/direction here. Please get back with me with some advice/help. This is so unfail--basically I am paying to them not only the amount borrowed but the said same amount in interest. These transactions were done over the internet. I never signed a hard copy that I would pay this incredible interest. Further, I never signed a hard copy for the "loan".
This report was posted on Ripoff Report on 05/06/2013 09:49 AM and is a permanent record located here: http://www.ripoffreport.com/r/500-Fast-Cash/Miami-Oklahoma-74354/500-Fast-Cash-I-borrowed-400-from-this-company-on-Jan-of-this-year-I-have-paid-880-o-1048733. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.