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Report: #1207753

Complaint Review: Multi loan Source service - Internet

  • Submitted:
  • Updated:
  • Reported By: Chiquita — maui Hawaii
  • Author Not Confirmed What's this?
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  • Multi loan Source service Internet USA

Multi loan Source service rip off loan-DO NOT USE! COSTA RICA Internet

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Do not use this site. It is a complete rip off! Originally I gone online to sign up for a loan online. After having many phone calls from this company (nonstop) of information; Apparently, they needed. I said to cancel my request. I want no part of it. The woman on the line replied "don't you need the money" I said no. You have my Social security number as it is, and now all this other information I have faxed you isn't enough. No I refused the loan. In December my bank account was deposited $450.00.  I was shocked to see it in my account.  I figured she went against my word and deposited anyway. I have called them leaving two message none in return back to me. 

I decided we need the money so I will keep the money and do the biweekly installment pays. Not knowing this was a complete nightmare. As money keep getting withdrawl from my account of $135.00 biweekly.  I said wow so they deposited $450.00 and I have paid $540.00 I am definitely done with this loan. 

As it turns out. It automated put me in a 14 payment cycle and what I am paying is just interest rates, have not yet touched my loan amount. I will be paying on next payment not just the interested rate $135.00 but 10% of my original loan. So my total by the time I am done is approximately $1,125.00 total as I know now.  I am devastated. I thought by saying no it was done, according to them I signed it online agreeing to this. I have no recollection of this. There is nothing I can do. To make matters worse I was speaking to someone in Costa Rica and not in California. 

 

If you do decide to do this, I recommend you truly read the fine prints. I will NEVER borrow money EVER on line again.

 

upset citizen.

 

This report was posted on Ripoff Report on 02/09/2015 10:12 AM and is a permanent record located here: https://www.ripoffreport.com/reports/multi-loan-source-service/internet/multi-loan-source-service-rip-off-loan-do-not-use-costa-rica-internet-1207753. 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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