ED Magedson – Founder
Global Financial Serives International Limitedwww.gfsil.com Internet United States of America
I took a loan from GFSIL last September 2008 for $300. I have paid them over $1200 in service fees ($68) a pay. They are clever in their tactics in that they send emails to my place of employement stating the loan will be renewed automatically if I reply and to be more convenient the loan will be renewed if I do not want to reply.
If I do reply, asking them not to take money and or what is the balance, my computer sends me an error message. I talked with our tech guys and they said I am not replying to an actual email address, it is an address to a computer system that just checks to see if their notice was delivered. So whether I click on their link or not my loan still get renewed for $68.
There website sucks, wwwgfsil.com, there is not information other than phone numbers. I faxed them a letter, several times, asking for a copy of my payments and balance, a copy of their license and a copy of their physical address. Their response was they are not able to provide me with the requested information.
Last year I switched bank and two payment were returned, "NFS due to the account being closed". Well, they called my employer and each time using a different reason for the call, as I informed my employer these people (GSFIL) are crooked. Luckily my employer was compassionate and did not discipline me.
Sadly, I spoke with Cathy from GFSIL and agreed to new terms and gave them my new account info. Well, it bit me in the a$$ and why was I so stupid, they did not abide by the new terms and it is costing my a fortune. Long store short, my bank, for $30, will place a stop payment for any withdraws by GFSIL. The "stop payment" is good for six months and in that time I hope to have my complaints file with the Ohio AG, the BBB and anyone else who can help me.
I do find it interesting that GSFIL has people working for it that barely speak english but have names like Cathy Jone, Matthew Smith, etc.
This report was posted on Ripoff Report on 08/18/2009 04:06 PM and is a permanent record located here: http://www.ripoffreport.com/r/Global-Financial-Serives-International-Limited/internet/Global-Financial-Serives-International-Limited-GFLIS-payday-loan-internet-lender-clevelan-481951. 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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