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Ripoff Report | Freedom Lending Source Review - Nationwide
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Report: #310180

Complaint Review: Freedom Lending Source - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Batesville Mississippi
  • Author Confirmed What's this?
  • Why?
  • Freedom Lending Source www.flslending.com Nationwide U.S.A.
  • Phone:
  • Web:
  • Category: Loans

Freedom Lending Source Was told I'd recieve money overnight in my acct, but it turned out it can take up to 15 days and is a savings acct not a loan. Have been unable to find a way to cancel. Internet

*Consumer Suggestion: Once they get your numbers...call the bank!

*Consumer Comment: TERMS & CONDITIONS

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I went online to get a payday loan overnight, but when I went to be website to check how much I could receive, I read where it was a savings acct. and I could not get cash. I tried to find a way to cancel it, but read that it costs $2.95 to cancel this which I did not authorize since I was trying for a loan not a secured saving acct. Also, there is no address shown to cancel this. I feel I do not owe anything because they are doing something which has not been authorized. This is fraudulent! Please help me keep them out of my bank account....

Judy
Batesville, Mississippi
U.S.A.

This report was posted on Ripoff Report on 02/19/2008 03:00 PM and is a permanent record located here: https://www.ripoffreport.com/reports/freedom-lending-source/nationwide/freedom-lending-source-was-told-id-recieve-money-overnight-in-my-acct-but-it-turned-out-310180. 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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#2 Consumer Suggestion

Once they get your numbers...call the bank!

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

POSTED: Saturday, April 12, 2008

To Judy in Batesville, Mississippi (Report: #310180) Re: Freedom Lending Source. Once anyone has your bank account numbers or credit card numbers you can't call the bank fast enough. I've had similar situations happen (unauthorized charges) and have never been at a loss for help from the bank or credit card issuer as long as you let them know early on. Most banks will give you a "provisional credit" as soon as you file a dispute for the amount of the charge(s) but the downside is you may have to surrender your check card priveledges for up to 3 months and notify any creditors you pay by ACH of the change in account numbers. Remember, if the business you're dealing with has your personal information they can use it at any point in the future. So changing account numbers is definately worth the trouble.

Michael
Yorba Linda, CA

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#1 Consumer Comment

TERMS & CONDITIONS

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

POSTED: Tuesday, February 26, 2008

2.

NOTICE TO APPLICANTS: (A) Do not use this account before you read this agreement; (B) The total contract cost of the Secured Installment Loan Account is $24.95 per month for a term of 12 months by the Applicant; (C) You may at any time pay the full unpaid balance of this agreement without penalty or additional costs; (D) This Secured Installment Loan Account is NOT A VISA OR A MASTERCARD; (E) THIS IS A SECURED INSTALLMENT CONTRACT WITH TERMS AND DOLLAR AMOUNTS CHOSEN BY THE APPLICANT; (F) THE SECURED INSTALLMENT ACCOUNT IS NOT A CASH LOAN AND PROVIDES NO CASH TO THE APPLICANT. ALL COST ASSOCIATED WITH THIS ACCOUNT ARE CREDITED TO APPLICANTS SECURITY PROVIDER. Any holder of this consumer credit contract is subject to all claims and defenses that the account holder could assert against the seller of goods or services obtained pursuant hereto with the proceeds hereof. Recovery hereunder by the debtor shall not exceed amounts paid by the debtor.


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I know they're tempting, but they know how to get us. Almost did the same thing.

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