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Ripoff Report | Cashnet USA Review - Chicago, Illinois
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Report: #274805

Complaint Review: Cashnet USA - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: Newtown Square Pennsylvania
  • Author Confirmed What's this?
  • Why?
  • Cashnet USA Po Box 06230 Chicago, Illinois U.S.A.

Cashnet USA I borrowed money and their were details about how it had to be paid back. Well it was to come out all at once. When I asked for an extension it was gonng to 87.50 per extension and if you wanted a partial payment it was $187.50. They know that people can not afford this. They are scamming people left and right. Also it was not in the facts!! It's a bunch of BS. Chicago Illinois

*Consumer Comment: That's How Payday Loans Work

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This is the second time I am reporting this

It was in august of 2007 where I saw Cashnet usa and ok decided to take a loan. Well when I asked to get an extension they said it 87.50 per extension and a partial would 187.50 plus the 350.00 and plus whatever else you borrowed. Well I refused to pay it.

I have read several articals on this place and they are scammers. I want to help put them out of business. I contacted the governor of Chicago Il and hope to get an answer.

Lisa
Newtown Square, pa 19073

Lisa
Newtown Square, Pennsylvania
U.S.A.

This report was posted on Ripoff Report on 09/16/2007 11:02 AM and is a permanent record located here: https://www.ripoffreport.com/reports/cashnet-usa/chicago-illinois-60606/cashnet-usa-i-borrowed-money-and-their-were-details-about-how-it-had-to-be-paid-back-well-274805. 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

That's How Payday Loans Work

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

POSTED: Monday, October 15, 2007

I have had multiple loans with Cashnet USA and I don't think they are ripping people off. They give you the option to extend your loan so that you don't have to pay the full amount. You lucky that you even got a loan that is at $87.50 most payday loan places charge anywhere from $90-120 for extentions. And the more you do business with Cashnet they will eventually offer you a discount on your loan I'm now a Platinum Member and get up to 30-40% off my loan including extentions. Making partial payments yes its going you probably going to pay $187.50 but if you want your balance to go down that $100 is placed towards the loan. What you don't understand is that you have to read ALL the screens online before you just up and sign up for a payday loan. But maybe you don't know how payday loans work. In my eyes you didn't get screwed you just being cheap like 75% of Americans are now a days. Thinking that a payday loan is just some permanent resolution to your problems. You got to pay it back. If you didn't want to pay it back you shouldn't have gotten it. They not going to bend over backwards because you think you got screwed.

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