• Report: #875612

Complaint Review: The Cash Store

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  • Submitted: Sun, April 29, 2012
  • Updated: Sun, April 29, 2012

  • Reported By: Rick — Fort Atkinson United States of America
The Cash Store
Madison Avenue Fort Atkinson, Wisconsin United States of America

The Cash Store Preying on the young, less intelligent, and the working poor, the leeches at the Cash Store are the lowest, slimiest life forms known to man.st Fort Atkinson, Wisconsin

*Consumer Comment: of cousre

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After many warnings my mentally challenged grandson went behind my back to the cash store. They suckered him into borrowing $300.00 on an un-secured loan. They knew my grandson didn't have a job. He was working through a temp service a day here and a day there. They miss led him about the finance charges. They did tell him the interest rate was 500%APR but they told him that he wouldn't have to pay that much. My grandson didn't understand any of this financial talk, he only saw the money they handed him. Anyone who would have looked at my grandsons face would have known this and would not have gave him the money. But these leeches at the cash store will take advantage of any one. I found out about this loan three weeks later. Remember he borrowed $300 three weeks ago, he made two weekly payments of $70. I went in to pay the loan off. I asked for the pay off amount and they told me $376.28. So in 3 weeks time the finance charge was $216.28. I told them what crooks they were and pulled out my check book to pay these low lifes off. I was told personal checks were not accepted. They also would not accept my Visa check card or credit cards. Only a certified check or a debit card. They obviously want to make it as hard as possible to make payments so they can charge more interest. Stay away from these scum bags. These places should be shut down forever. It's criminal what they do.

This report was posted on Ripoff Report on 04/29/2012 09:39 AM and is a permanent record located here: http://www.ripoffreport.com/r/The-Cash-Store/Fort-Atkinson-Wisconsin-53538/The-Cash-Store-Preying-on-the-young-less-intelligent-and-the-working-poor-the-leeches-875612. 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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#1 Consumer Comment

of cousre

AUTHOR: MochaG - (United States of America)

These loan companies are out to take advantages of those who have no or bad credit. No one should never expect that they will loan money to people who have good credit because those who have good credit won't get a loan from them. It is a high risk loan, so they can tag on as much interest as they can. If you do not have a problem with credit, never use this type of loan!

Oh the other hand, you should be mad at your own grandson as well. Did he learn from this lesson? Did he have to pay you back for the money you paid to the loan? Well, if you let him go easy, I doubt he will learn anything because he would think that there will always be someone getting him out of his own trouble. He should learn it the hard way -- pay the price he created.
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