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Report: #294816

Complaint Review: USFastCash Loans - Internet

  • Submitted:
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  • Reported By: Many Farms Arizona
  • Author Confirmed What's this?
  • Why?
  • USFastCash Loans usfastcash.com Internet U.S.A.

USFastCash Loans Major Rip OFF Internet

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I had been granted funds ($300) from USFastCash only because I was low on cash for the holidays. This was my first time receiving any type of loan online. I was amazed at how fast the transaction was made. I was satisfied, at first, because I had received my funds through direct deposit the very next day.

After being read the terms and conditions by a representative, I assured her that I understood everything.

Because of holidays, I was so busy with shopping and I put my work aside for awhile. Usually, on a daily basis, I would check into my account and assure that everything is where it is supposed to be.

Every payday, I had noticed that USFastCash had withdrawn money from my account, twice. I assumed it was okay, because I felt that I would pay off my balance faster this way. The only thing that I did not do was keep track of these withdrawals.

After reviewing a rip-off report by a consumer who was a customer of USFastCash, I figured that I go ahead and double-check my account statements, just to assure that I did not overpay, like he did.

Sure enough, I reviewed my statements and I noticed that USFastCash had deducted more than enough from my account ($345)!!! I was so upset and disappointed in this loan company. I even dialed the number it had provided on its website and it was the WRONG number. The number belonged to a different loan company (UnitedCash).

Butterflies flew within my stomach at this time because I was so disappointed in how USFastCash had treated their customers.

Anyway, I immediately contacted my bank and they had noticed the fraudulent activity, as well. So, they immediately blocked USFastCash from withdrawing anymore funds from my account.

My bank is currently investigating this activity and when they come to a conclusion that this was, indeed, a fraudulent activity, then all unnecessary funds withdrawn from my account will be reversed, including any overdraft fees that came along with them. The bank representative also informed me that they had received other calls related to this problem.

Because of this unexpected experience, I strongly encourage you all to be extra careful when applying for any type of loans online. I know that there are times when you are in desperate need of money, but this route is not the smart way to go. Please keep your eyes open.

Deanna
Many Farms, Arizona
U.S.A.

This report was posted on Ripoff Report on 12/27/2007 11:21 AM and is a permanent record located here: https://www.ripoffreport.com/reports/usfastcash-loans/internet/usfastcash-loans-major-rip-off-internet-294816. 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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