• Report: #1043002
Complaint Review:

Allied Cash Advance

  • Submitted: Sat, April 13, 2013
  • Updated: Sat, April 13, 2013

  • Reported By: A.J. — wirtz Virginia
Allied Cash Advance
Tanyard Rd wirtz, Virginia United States of America

Allied Cash Advance PAYOFF AMOUNT OF $155.00 BALLOONED TO OVER $400.00 wirtz, Virginia

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Against my better judgement, I took a payday loan from Allied Cash.  I was hospitalized a couple days before my payoff date and was not able to pay in time.  As a courtesy to me they "extended" my loan to give me more time to pay.

However they did not bring to my attention that a 360% interest rate now took effect.  On March 3, 2013 when I went to payoff the remaining balance of my loan, it had doubled almost tripled from $155.00 to over $400.00 dollars.

I called to let them know they did not inform me of that and I would not have agreed to it if I had known.  I have since reported them to the consumer protection agency and I have not heard from them since.  They have to be stopped!!

This report was posted on Ripoff Report on 04/13/2013 11:47 AM and is a permanent record located here: http://www.ripoffreport.com/reports/allied-cash-advance/wirtz-virginia-24151/allied-cash-advance-payoff-amount-of-15500-ballooned-to-over-40000-wirtz-virginia-1043002. 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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