Complaint Review: Cash Net Usa - cashnetusa.com - Internet
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- Cash Net Usa - cashnetusa.com Internet United States of America
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- Web: www.cashnetusa.com
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Cash Net Usa - cashnetusa.com Cashnetusa Trying to overcharge for interest and late fees, saying I owe more than I do, not acknowledging payment when I have proof, charging a closed bank account, Internet
*Author of original report: CashnetUsa update
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In mid December 2009, I went online and borrowed $250.00 from cashnetusa.com
I was given an extension for the first payment of $ 57.00. Cashnet kept debiting my bank account over and over and I had to close it. I received another notice of past
due amount for $ 87.00. I sent an overnight payment in February to the address posted on their website by UPS with a tracking number, and a money order for $315.00 for the total of the original borrowed amount plus an additional $65.00 for late fees and interest.
They called and sent me another e-mail demanding payment. I forwarded the tracking information along with the name of the person who signed for it at the address sent to me by e-mail.
What a nightmare. I ended up paying the bank a lot of fees for ACH debits, and the bank was good enough to waive some of them. I also had to close my account, and open another one.
It seems to me that they have violated usury laws here.
This report was posted on Ripoff Report on 02/26/2010 03:07 PM and is a permanent record located here: https://www.ripoffreport.com/reports/cash-net-usa-cashnetusacom/internet/cash-net-usa-cashnetusacom-cashnetusa-trying-to-overcharge-for-interest-and-late-fees-574952. 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 Author of original report
CashnetUsa update
AUTHOR: S. Adkins - (United States of America)
SUBMITTED: Monday, March 01, 2010
I sent the total amount due to cash net plus an additional $ 65.00 overnight to the address in Chicago on their e-mail by a money order and they are sending me e-mails that my account has been noted but it has not been received. I have a copy and the UPS delivery signed at their office and the receipt for the money order.
Also, they were sending me a "severe 90 days past due" It has not even been 90 days since I took out the loan and paid it back. I have to pay over $300.00 in addition for debits to my bank account. I closed it.
There is something wrong about this company procedures, and I am very concerned about possible other fraudulant activity associated with it.
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