ED Magedson – Founder
Genesis Lending ServicesInternet USA
Genesis Lending Services fraudulently pulled funds from my bank account. Internet
I had two loans through Genesis Lending and agreed upon set monthly payments for each indiviual loan. However instead of being sent seperate bills for each loan I was sent one overall bill which I paid every month in a total of 167$ every 15th of the month. despite paying both notes on time I was charged late fees dor my second loan every month because all of the payment was going to one note. The was a battle for a year and a half where we spoke every month and I was advised every month that the isssue was rectified and yet the next month the exact issue occurred again.
I decided to pay off the second loan and did so in march of 2014. After paying this off I put the other loan which was a total of 115$ per month on auto draft from my bank account. I realized I needed to remove the auto draft and pay online instead in june 14 I called Genesis and requested my bank account to be removed and no more payments to be auto drafted. Genesis advised this was done and no additional payments would be drafted. A few days later the payment drafted from my accout.
I again called to verify no additional payments would be withdrawn and was again adcised they would not. So I let it go. Now in July on the 18th I recieved a letter approving my auto draft for the 24th. Again I called Genesis and was assured no payment would be withdrawn, then once again after I advised it was unauthorized Genesis withdrew the payment.I have had nothing but issues with this company since I recieved my loans through them in 2009.
This report was posted on Ripoff Report on 07/25/2014 04:22 AM and is a permanent record located here: http://www.ripoffreport.com/reports/genesis-lending-services/internet/genesis-lending-services-fraudulently-pulled-funds-from-my-bank-account-internet-1164872. 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.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
Advertisers above have met our
strict standards for business conduct.