Complaint Review: CASH NET USA - Chicago Illinois
- CASH NET USA 200 West Jackson, Suite 2400 , Chicago, Illinois USA
- Phone: 888.627.6463
- Web: www.cashnetusa.com
- Category: Cash Services
CASH NET USA Unethical charges of fees, unclear as to repayment terms Chicago Illinois
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Dear wise consumers,
I would not recommend this company if you are looking to be set up on a payment plan and unable to repay within 2 weeks. They offer line of credits...ie : 1250 my payment every two week 191. and they access fees daily in addition to charging fees for carrying the loan. On an average 75 % of your bi weekly repayment is alloted to fees and only 25 % goes to your balance. Their wording in the contract is deciteful and they advertise a 24 % interest ...however they continue to allocate additional fees. Therefore for a 4 month repayment option ( bi -weekly) you are charged approx 60 % interest ( with regards to all the fees they alacarte). As a last resort, unless you can immediaetly repay within 2 weeks.....i would reconsider. I am so disappointed in their morals and ethics!!
This report was posted on Ripoff Report on 12/03/2013 04:55 PM and is a permanent record located here: https://www.ripoffreport.com/reports/cash-net-usa/chicago-illinois-60606-694/cash-net-usa-unethical-charges-of-fees-unclear-as-to-repayment-terms-chicago-illinois-1104085. 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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