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Ripoff Report | 500Fastcash Review - Nationwide - Fastcash ripoff
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Report: #296235

Complaint Review: 500Fastcash - Nationwide

  • Submitted:
  • Updated:
  • Reported By: — Milwaukee Wisconsin
  • Author Confirmed What's this?
    • Why?
  • 500Fastcash 1648 North Mayflower Court, Milwaukee, Wisconsin 53205 Nationwide U.S.A.
  • Phone:
  • Web:
  • Category: Loans

500Fastcash rip-off Internet

*Consumer Comment: This is how most payday loan companies work.
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I borrow $300.00 dollars in September. 500FastCash made a withdrawal from my checking account for the amount of $90.00 for the months of October -January and also started to withdrawl an additional $50.00 for the months of December and January. The amount of the loan was only $300.00. When I contacted them they informed me that my balance was $267.00 and the first 4 payments of $90.00 did not go towards the loan. I was paying the interest on the loan.

Ladydi
Milwaukee, Wisconsin
U.S.A.

This report was posted on Ripoff Report on 01/02/2008 08:30 AM and is a permanent record located here: https://www.ripoffreport.com/reports/500fastcash/nationwide/500fastcash-rip-off-internet-296235. 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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#1 Consumer Comment

This is how most payday loan companies work.

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

SUBMITTED: Wednesday, January 02, 2008

POSTED: Wednesday, January 02, 2008

They count on the fact that the customer does not read nor understands what they are getting into.

Your loan was auto-renewing. If you had wanted to pay it off in full you would need to contact them to have them debit the full amount plus fees.

There was no rip-off.

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