Complaint Review: CASHCALL - Anaheim California
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- Author Confirmed
- CASHCALL 1600 S Douglass Rd Anaheim, California USA
- Phone: 877-525-2274
- Web: http://www.cashcall.com
- Category: Miscellaneous Companies
CASHCALL MAJOR RIP OFF WILL COST YOU SIX TIMES THE AMOUNT OF THE LOAN TO REPAY Anaheim California
*Consumer Comment: So..
Show customers why they should trust your business over your competitors...
I went to Cashcall for a $2500 loan. After the paperwork was all signed they give me the breakdown of how my payments will be applied. If I was to make the monthly payment they gave me for the term of 4 years that they offered it would have cost me $14,000 to pay back this loan. Basically they take $300 a month for 3 years and it is all interest, the fourth year you finally pay the loan off in 8 months. i HAD TO GO BANKRUPT TO GET OUT OF THIS SCAM. Don't do it!!! I see the new add on TV where they are like get $10,000 in one day. Guess what it will only cost you $60,000 to pay it off!!!
This report was posted on Ripoff Report on 09/19/2013 12:37 PM and is a permanent record located here: https://www.ripoffreport.com/reports/cashcall/anaheim-california-92806/cashcall-major-rip-off-will-cost-you-six-times-the-amount-of-the-loan-to-repay-anaheim-ca-1085814. 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
So..
AUTHOR: Robert - ()
SUBMITTED: Sunday, September 22, 2013
Okay let's just say that you in fact signed a blank loan agreement and they didn't fill it in and give you the payment information until after you signed it. How come you didn't just hand the money right back to them saying "No thank you"?
But not only did you keep the money instead of fulfilling your obligation you decided to "stiff" them(and your other creditors) by filing Bankruptcy. Oh and if you are going to say you filed Bankruptcy and they were the only debt you filed on, you are truly an idiot because the amount of money it costs to file a BK would have made a significant dent in your balance and wouldn't have killed your credit(any more than it already was).
Yet by your actions you still wonder why companies charge interest rates as high as they do for people who haven't proven they can handle credit and have no problem "stiffing" them.
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