Complaint Review: 500fastcash.com - Carson Nevada
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- Author Confirmed
- 500fastcash.com 2533 N. Carson St. Carson City Carson, Nevada U.S.A.
- Phone: 913-648-5858
- Web:
- Category: Internet Fraud
500fastcash.com A con the song and dance business Carson Nevada
*Consumer Comment: Actually, their arithmetic seems good.
*Consumer Comment: Actually, their arithmetic seems good.
*Consumer Comment: Actually, their arithmetic seems good.
*Consumer Comment: Actually, their arithmetic seems good.
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500fastcash.com based out of Carson City Nevada has been riping me off for the past two months debiting my account against my will. Around the end of march I applied for a 200.00 dollar loan with this company 500fastcash online with the agreement that I will only pay a surcharge of 60.00. Upon the agreement they have taken 50.00 dollar installments out of my account every payday since our agreement. My complaint is this company doesnt seem to know how to count because my loan should have been paid off for in June, but since last month they have taken double the amount I owe. An example of what they have charged my accountas far back as I can trace;
AUTOMATED DEBIT 500FASTCASH 500FASTCAS $30.00 07/07/2006
AUTOMATED DEBIT 500FASTCASH 500FASTCAS $30.00 07/07/2006
AUTOMATED DEBIT 500FASTCASH 500FASTCAS
$50.00 07/03/2006
AUTOMATED DEBIT 500FASTCASH 500FASTCAS $50.00 06/20/2006
AUTOMATED DEBIT 500FASTCASH 500FASTCAS $45.00 06/20/2006
AUTOMATED DEBIT 500FASTCASH 500FASTCAS
$60.00 06/06/2006
AUTOMATED DEBIT 500FASTCASH 500FASTCAS $50.00 06/06/2006
AUTOMATED DEBIT 500FASTCASH 500FASTCAS $60.00 05/23/2006
as you can see this traces back to may and they seem to have problems with there arithmetic.
Jean-pierre
pemberton, New Jersey
U.S.A.
This report was posted on Ripoff Report on 07/10/2006 09:30 PM and is a permanent record located here: https://www.ripoffreport.com/reports/500fastcashcom/carson-nevada-89706/500fastcashcom-a-con-the-song-and-dance-business-carson-nevada-200351. 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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#4 Consumer Comment
Actually, their arithmetic seems good.
AUTHOR: Robert - (U.S.A.)
SUBMITTED: Tuesday, July 11, 2006
What looks like happened was that the loan was automatically renewed.
The usual senerio with payday loans is:
The first 60 is the loan fee only. You still owe the original loan amount plus another loan fee. They continue automatic renewing for several pay periods.
Then, they debit the loan fee plus 50 to be applied toward the original loan amount, which reduces the next loan fee by 15.
This continues for each pay period reducing the original loan amount by 50 and the new loan fee by 15 until the loan is paid off.
The loan fees add up fast.
This should be detailed out in the loan documentation or at the very least on their web site.
Good luck.
#3 Consumer Comment
Actually, their arithmetic seems good.
AUTHOR: Robert - (U.S.A.)
SUBMITTED: Tuesday, July 11, 2006
What looks like happened was that the loan was automatically renewed.
The usual senerio with payday loans is:
The first 60 is the loan fee only. You still owe the original loan amount plus another loan fee. They continue automatic renewing for several pay periods.
Then, they debit the loan fee plus 50 to be applied toward the original loan amount, which reduces the next loan fee by 15.
This continues for each pay period reducing the original loan amount by 50 and the new loan fee by 15 until the loan is paid off.
The loan fees add up fast.
This should be detailed out in the loan documentation or at the very least on their web site.
Good luck.
#2 Consumer Comment
Actually, their arithmetic seems good.
AUTHOR: Robert - (U.S.A.)
SUBMITTED: Tuesday, July 11, 2006
What looks like happened was that the loan was automatically renewed.
The usual senerio with payday loans is:
The first 60 is the loan fee only. You still owe the original loan amount plus another loan fee. They continue automatic renewing for several pay periods.
Then, they debit the loan fee plus 50 to be applied toward the original loan amount, which reduces the next loan fee by 15.
This continues for each pay period reducing the original loan amount by 50 and the new loan fee by 15 until the loan is paid off.
The loan fees add up fast.
This should be detailed out in the loan documentation or at the very least on their web site.
Good luck.
#1 Consumer Comment
Actually, their arithmetic seems good.
AUTHOR: Robert - (U.S.A.)
SUBMITTED: Tuesday, July 11, 2006
What looks like happened was that the loan was automatically renewed.
The usual senerio with payday loans is:
The first 60 is the loan fee only. You still owe the original loan amount plus another loan fee. They continue automatic renewing for several pay periods.
Then, they debit the loan fee plus 50 to be applied toward the original loan amount, which reduces the next loan fee by 15.
This continues for each pay period reducing the original loan amount by 50 and the new loan fee by 15 until the loan is paid off.
The loan fees add up fast.
This should be detailed out in the loan documentation or at the very least on their web site.
Good luck.
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