• Report: #881544

Complaint Review: United Cash Loans (Oklahoma)

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  • Submitted: Fri, May 11, 2012
  • Updated: Fri, May 11, 2012

  • Reported By: Little One — Winston-Salem North Carolina United States of America
United Cash Loans (Oklahoma)
Internet, Oklahoma United States of America

United Cash Loans ,Oklahoma, I got a loan for $300 hoping company would take entire amount on designated date but company took $90 each time until they were paid $595. They want an additional $335 to close the account. Their disc unfair ripoff Internet, Oklahoma

*Consumer Comment: You're right, they do NOT state any rates....

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United Cash Loans makes it difficult for people to understand the terms of a loan. They go into one's account several times taking small chunks of money on a continuous basis. When one contacts the company they always refer to the web site and its terms. They refuse to give answers directly and it is hard to get them to send you a copy of the agreement. I received a copy but the exact terms are not included. I borrowed $300, paid $595 and they want $335 more. A total rip off. Their interest rate is too excessive. They should be bared from doing business.

This report was posted on Ripoff Report on 05/11/2012 03:12 PM and is a permanent record located here: http://www.ripoffreport.com/r/United-Cash-Loans-Oklahoma/Internet-Oklahoma-/United-Cash-Loans-Oklahoma-I-got-a-loan-for-300-hoping-company-would-take-entire-amoun-881544. 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

You're right, they do NOT state any rates....

AUTHOR: Ken - (USA)

This alone should have hinted that it was a VERY expensive way to borrow money.

"They should be bared from doing business."

Not sure they should be "bared" from doing business, maybe just barred.
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