ED Magedson – Founder
Cashnet Payday LoanInternet United States of America
My experience has been similiar to others regarding Cashnet.
They call repeated, stating that this is your final warning notice, or you will be arrested, sued, and be put in jail for committing fraud. All of the people who called me had thick Indian accents, and American names - Kevin, Justin, Scott. I am embarrassed to say that I have applied and taken out payday loans because of extreme finanical hardship, but I have paid them back, or are in the process of paying them back. I NEVER took out a loan with this company. This is what scares me so much. This company had all my information - bank account number, SS#, references, etc. This means they have the ability to hack into other websites or your internet id.
This situation has been extremely stressful for me, not only because my information is out there, but also because I was called and harrassed at work. The last thing I need to do is lose my job over something like this. I intend to file a report with my District court, and with the Police Department.
I want these calls to stop! It's affecting my physical and emotional health. My advice to everyone is NEVER, NEVER apply for a payday loan on the internet - it may destroy your life.
Someone please help arrest this company for causing so many problems for so many people.
This report was posted on Ripoff Report on 11/28/2009 06:03 PM and is a permanent record located here: http://www.ripoffreport.com/r/Cashnet-Payday-Loan/internet/Cashnet-Payday-Loan-Kevin-Anderson-Justin-Reed-Scott-somebody-Harrassing-phone-calls-wit-530223. 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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