- Report: #434985
Report - Rebuttal - Arbitrate
Complaint Review: Allied Cash Advance
Allied Cash Advance3822 Jefferson Davis Highway Fredericksburg, Virginia U.S.A.
Allied Cash Advance LOAN SHARK FEES... LEFT PAYDAY TO SHORT TERM LOANS AT RIDICULOUS FEES Fredericksburg Virginia
*Consumer Comment: Communicating is key.
*Consumer Comment: Sad but true...
*Consumer Suggestion: personal responsibility
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Well, the payment was made but I received a letter from them stating I owed 600 bucks in late fees. I was schocked and couldn't believe it. Well, as it turns out, they if you are a day late they charage you 30% of the balance of the loan. But wait there is more, they also charge for the current month and the next month. So you are charged 60%. In my case I was charged 600 bucks for being late on a 30 dollar payment. And I was only one day late. And that was because the due dates are never the same date. The date changes month to month.
Please be aware..This needs to stop...
This report was posted on Ripoff Report on 03/17/2009 04:09 AM and is a permanent record located here: http://www.ripoffreport.com/r/Allied-Cash-Advance/Fredericksburg-Virginia-22408/Allied-Cash-Advance-LOAN-SHARK-FEES-LEFT-PAYDAY-TO-SHORT-TERM-LOANS-AT-RIDICULOUS-FEES-434985. 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.
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