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!!

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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. 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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