• Report: #1007785
Complaint Review:


  • Submitted: Sat, February 02, 2013
  • Updated: Sat, February 02, 2013

  • Reported By: mary ann — Fremont California United States of America
Internet United States of America

Fast500Cash Made a $450 loan that ends up in total of $2070 of repayment, Internet

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I made a $450 loan from Fast500Cash and then before I know it, they are charging me approximately $1600 for service fees and interest alone on top of $450 loan.

I called them to check if the fees were within legal restrictions. They were not helpful at all. I began to question whether if this was legal. The fees and interest were way too high for what was a merely $450 loan. I have been paying $135 for five months now and my balance remains the same: $450. They said $135 monthly is to renew the whole loan whatever that means.

I decided to google up and found this rip-off report. I was relieved that I wasn't the only one who thought I was being ripped off. I must warn everybody who considers a quick loan from Fast500Cash - DO NOT even go there! Go elsewhere with a reasonable interest and whatnot for payback.

This report was posted on Ripoff Report on 02/02/2013 10:32 AM and is a permanent record located here: http://www.ripoffreport.com/reports/fast500cash/internet/fast500cash-made-a-450-loan-that-ends-up-in-total-of-2070-of-repayment-internet-1007785. 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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