ED Magedson – Founder
Cash Net USA1124 North 18th Street San Jose , California USA
Cash Net USA Damon Summers In order to process your loan because your credit score is low i will need a good faith payment of $250 that will be refunded when we wire you your money. San Jose California
I applied on-line for a payday loan and started getting call after call from loan companies with foreign accent speaking representatives.
A rep. from Cash Net USA told me I was approved for $4,000.00 and all I needed to do was to show I could pay the money back due to my low credit score.
He (Damon Summer) asked me to get a One Vanilla pre-paid VISA Card and deposit $250 to show I could make the first payment. After that he could verify that I had loaded the card with the $250 and could process my money. After doing that he then informed me the he needed another $200 for bank transfer fee's.
I informed him that I felt this was a scam and wasn't giving him another dime and I wanted my money back.
He hung the phone up on me. So I called him back and he informed me that all I needed to do was "TRUST" him and I'll have $4450.00 deposited in my back account in less than a hour from when I give him the other $200 for bank fee's.
I told him hell naw it was't happening and I wanted my money back. He pleeded and pleededwith me about the $200 bank fee.
I informed him that all I wanted was a refuned since I was not going to give him another $200.
He told me ok and said I would receive my full refund in 1-2days. Next day he calls from a different number and ask me if was going to get that other $200 on a card so he could process my loan and wire me my cash.
I once again asked him for a refuned and he told me it would take 24 -48hrs. Next phone call I told him a wanted a refuned and nothing else. He hangs up on me.
So i call him back and he tells me there's is no refund.
This report was posted on Ripoff Report on 04/05/2014 06:56 PM and is a permanent record located here: http://www.ripoffreport.com/reports/cash-net-usa/san-jose-california/cash-net-usa-damon-summers-in-order-to-process-your-loan-because-your-credit-score-is-low-1136645. 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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