CashNetUSA Watch out for forced extensions Chicago Illinois

Chris and others, sorry that my post is so long after yours, hopefully you are still checking this site.

I recently received a loan from CashNet USA my scheduled payment was to come out on June 6, 2008, it was suppose to be fee and amount taken in full which would close my account. The morning after filing for the loan, another company Cash USA went into my account and took money. After 3 days of investigated that situation I found that they are a company that gives shopping credit cards, something that most of us do not apply for, and they were taking money out of my account for fees to open this card. I ended having to close my account and open a new one.

Upon closing my account I aurthorized my bank to pay CashNetUSA the amount that I owed on the date that I owed it. A day before the debit was to go through, I received another email stating that I was approved for an extension, something else I did not apply for. I called the company immediately and informed them that I was not interested in an extension and I would like to have the full amount deducted on the 6th. I was assured that this was taken care of. ON the 9th, they tried to pull the money and my bank declined because I had not aurthorized it for this day. On the 6th, the day they were suppose to take the amount in for they only deducted the amount of the fee. Now I am being hit will fee after fee. This money we I woke up the fee was $25 now after talking will several different people today, in several separate phone call, totaling several hours, they have increased my fee to $75.

CashNetUSA is the negligent party here. They did not take their money when they were suppose to so that they could charge me more money. When you call you get the run around. It is poor business practices that I am sure they have used on many others. I am sure it is not a coincidence that the company that started pulling money from my account has practically the same name as CashNetUSA and they just happen to get my bank information the same day I applied for a loan through CashNetUSA. It is a total scam, they prey on people at the worst of times, when they are hurting for money, not that there is ever a good time to prey on people. This whole situation has put me in a bind with my other bills and will probably start to hurt my credit due to the fact that they claim I owe them something I do not. Something has to be done.

Lisa
Brookville, Pennsylvania
U.S.A.