- Report: #876654
Report - Rebuttal - Arbitrate
Complaint Review: United Cash Loans
United Cash LoansOrangeburg, South Carolina United States of America
United Cash Loans on a $700 loan these people continued to charge me a $210 EXTENTION FEE monthly from October 12 through april 30. Moreover, I was double billed each month for five months, amountin Orangeburg, South Carolina
I am currently retrieving bank statements in anticipation of legal action against the company. A couple of their double billings causes overdraft fees on my account. Fortunately, I learned that I needed to go online to manage my acount in order to pay on the principal amount otherwise that were automatically charging and debiting a $210 extension fee (no reduction in the principal) So theoretically one could pay through infinity without ever reducing the principal. Sounds like the kind of loan shark fraud to me.
Since I think this may not be an isolated case, I hope to indentify other United Cash Loan Customers willing to join me in a class action suit against these people.
This report was posted on Ripoff Report on 05/01/2012 12:26 PM and is a permanent record located here: http://www.ripoffreport.com/r/United-Cash-Loans/Orangeburg-South-Carolina-29118/United-Cash-Loans-on-a-700-loan-these-people-continued-to-charge-me-a-210-EXTENTION-FEE-876654. 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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