• Report: #720944

Complaint Review: Red Stone Cash

  • Submitted: Fri, April 22, 2011
  • Updated: Fri, April 22, 2011

  • Reported By: Teresa — Harrisburg Pennsylvania United States of America
Red Stone Cash
P.O. Box 368 Timber Lake, South Dakota United States of America

Red Stone Cash Unclear fees and scandalous repay requirements. Trickery to collect exorbinant repay. Timber Lake, South Dakota

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

Red Stone Cash is a cash services company, which charges high fees and uses trickery to charge for long periods of time in repaying loan fees vs. principle.  The company refuses to provide account summaries or statements.

The company does not allow internet or paper access to your account information for tracking or communication.  They do not let you know that unless you call each time before your repay date, monies paid will only go toward fees vs. principle.

Thus, they will collect fees forever and you still owe the original amount of the loan plus that same fee.

They will not tell you up front that they will not set up an ongoing principle paydown.  They do not tell you that you will have to call every pay period in order to effect your principle.

They claim their system is incapable of providing written or electronic communication regarding your account.

This is a system, which allows them to collect the principle and fee amount over and over.  It's infuriating.

This report was posted on Ripoff Report on 04/22/2011 02:58 PM and is a permanent record located here: http://www.ripoffreport.com/r/Red-Stone-Cash/Timber-Lake-South-Dakota-57656/Red-Stone-Cash-Unclear-fees-and-scandalous-repay-requirements-Trickery-to-collect-exorb-720944. 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.

Click Here to read other Ripoff Reports on Red Stone Cash

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?