Report: #819334

Complaint Review: Everest Cash Advance

  • Submitted: Sat, January 07, 2012
  • Updated: Sat, January 07, 2012
  • Reported By: Yvette — District Heights Maryland United States of America
  • Everest Cash Advance
    300 Creek View Road
    Wilmington, Delaware
    United States of America

Everest Cash Advance fraud, false advertising, misleading language Wilmington, Delaware

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

In October 2011, my husband borrowed $500 from this company.  He and I both spoke to the loan agents and were told that the money would be wired to his bank account the same day and that he would pay back a total of $580 for the loan and interest.  Beginning the following pay day, the company debited his account $150, then $75 the following pay day.  After that, they debited $150  for the following pay days.  By the end of December according to what we were told he should have only owed another $55 to cover the loan.  However, the company showed that he still owed a total of $650 - $70 more than what he was told when he initiated the loan.  As it turns out, the company was charging him a $150 finance charge every 2 weeks, which was never stated in our conversations with the loan agents.  At that point, my husband closed his bank account and opened a new one and we immediately reported to the Better Business Bureau.  To make things worse, because of a banking error, his account was reopened and the company took another $150.  So to date my husband has paid $675, almost $100 more than he was told he would owe.  This company was very misleading.  We would never have done business with them if we had known we were expected to pay back $1,150 on a $500 loan. 
Is this Ripoff Report About you?
Ripoff Report A business' first line of defense on the Internet.
If your business is willing to make a commitment to customer satisfaction Click here now..

Does your business have a bad reputation? Fix it the right way. Corporate Advocacy Program™

Set the record straight: Arbitration Program

SEO Reputation Management at its best!

This report was posted on Ripoff Report on 01/07/2012 11:29 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!
Ripoff Report Recommends
ZipBooks Accounting Software

Advertisers above have met our
strict standards for business conduct.