ED Magedson – Founder
IGGY LOANS Put unauthorized funds in my account and refused to remove. Predatory Lending. Kansas City Kansas
I made the same mistake some others have made, I applied online for a payday loan. My furnace went out in the middle of winter and I needed a fast loan to pay the service people.
I didn't realize that most of the advertisements were brokerage companies. I rec'd numerous texts, phone calls (I couldn't understand what most of them said due to thick foreign accents) and e-mails. I continually told these companies to stop calling me and texting me, to no avail. I had to change the phone number I'd had for years.
Then, one day, a couple of MONTHS later, I pulled my bank account up online and found that someone had deposited $400.00 into my checking account. I spoke with the bank mgr. and she tracked down the electronic sender. It was a company called IGGY LOANS. Even from all the phone calls and texts I had rec'd, I had never heard of them.
I did some research and got a number for them. I called to advise them of their error only to be rudely told that I had applied for the loan and could not recind it. The obnoxious woman gave me the time and date I supposedly signed for the loan and I again told her that I had not applied for a loan with their company, did not want or need their money and was not accepting it. She refused to reverse the transaction and told me that I was a liar.
I had to have my bank return the deposit. They considered my account compromised and closed it. I had that account for years and my bills on autopay. What a mess, trying to set everything up again.
I notified the Attorney General's office in KC and filed a complaint. STAY AWAY FROM ONLINE LOAN COMPANIES! Now I trust NOTHING on the internet.
This report was posted on Ripoff Report on 06/17/2013 06:31 AM and is a permanent record located here: http://www.ripoffreport.com/reports/iggy-loans/kansas-city-kansas/iggy-loans-put-unauthorized-funds-in-my-account-and-refused-to-remove-predatory-lending-1059644. 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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