Report: #513699

Complaint Review: 200 -

  • Submitted: Fri, October 23, 2009
  • Updated: Sat, October 24, 2009
  • Reported By: T.kea — Newport News Virginia U.S.A.
  • 200 -
    110 W NINTH STREET, STE 581
    WILMINGTON, Delaware
    United States of America


*General Comment: It doesn't work that way...

Show customers why they should trust your business over your competitors...

This is one RIDICULOUS PayDay Loan scam. I've heard of extra fees once theyve approved you and you havent paid back in time, but NEVER have I heard of fees reaching 60.00 + ( fees & your nsf bank fees) and this no good company never even approving your loan.

I even emailed them PRIOR to one of the ripoff fees of $19.00 telling them I don't have the money in my account so do NOT charge me if I am not approved for the loan. The next day my account was minus 19.00 plus the nsf bank charge.

Whatever you do people DO NOT EVER EVER apply for a loan at You will be Guaranteed to regret it!! They are the biggest payday scam around. Take it from one of their VICTIMS.

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This report was posted on Ripoff Report on 10/23/2009 06:56 AM and is a permanent record located here: 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. READ: Foreign websites steal our content

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#1 General Comment

It doesn't work that way...

AUTHOR: Edgeman - (U.S.A.)

Look, I think that 200Cash is a terrible company to get involved with and I would encourage people to run as far as they can away from these people.

That said, they are very clear about taking the $19 up front regardless of whether or not the loan is approved. You can't apply for the loan, authorize them to take the fee and then email them to say that they can't withdraw the money if you're not approved. By submitting the application, you authorized the withdrawal.

This is yet another example of why one should be aware of the terms and conditions before they agree to them.
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