Report: #838886

Complaint Review: Pepper Cash - Watersmeet Maine

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Ripoff Report is Xcentric Ventures

Submitted: Tue, February 14, 2012
Updated: Tue, February 14, 2012
Reported By: Remote — St. Louis Missouri United States of America

Author Not Confirmed

Why?

Pepper Cash PO Box 249 Watersmeet, Maine United States of America

Phone: 1 888 408-0151
Web: www.peppercash.com
Category: Cash Services

Pepper Cash I borrowed $500.00 and agree to repay $250.00 in 2 payment including the interest, however the company withdrew 475.00 for the first payment and continued to withdrawn funds in increments of $70.00 4 Watersmeet, Maine

*Consumer Comment: Very confusing report

*Consumer Comment: SOmething isn't right...

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Pepper Cash is a ripoff organization. I would suggest no one borrow money from them without recording your conversations. A $500.00 loan that I agree to repay in two payment including interest cost me $636.00

This report was posted on Ripoff Report on 02/14/2012 09:20 AM and is a permanent record located here: https://www.ripoffreport.com/reports/pepper-cash/watersmeet-maine-49969/pepper-cash-i-borrowed-50000-and-agree-to-repay-25000-in-2-payment-including-the-inte-838886. 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

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#2 Consumer Comment

Very confusing report

AUTHOR: MochaG - (United States of America)

SUBMITTED: Tuesday, February 14, 2012

POSTED: Tuesday, February 14, 2012

Pepper Cash I borrowed $500.00 and agree to repay $250.00 in 2 payment including the interest, however the company withdrew 475.00 for the first payment and continued to withdrawn funds in increments of $70.00 4 Watersmeet, Maine

As Ashley said, some things are missing. Though from what I understand, you said you borrowed $500 from Pepper Cash and were arranged to pay in 2 payments for $250+interest each payment? Then you said Pepper Cash took $475 off the first payment and took $70 in the second payment? Then the total would be $545, not $636? Not sure what I am missing here...

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#1 Consumer Comment

SOmething isn't right...

AUTHOR: Ashley - (U.S.A.)

SUBMITTED: Tuesday, February 14, 2012

POSTED: Tuesday, February 14, 2012

in your explination. How are you borrowing $500 and paying it back in two payments of $250 including interest? 2 x 250 = 500, there would be zero interest. What did your PAPERWORK say that you SIGNED when you got the loan about repayment?

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