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Report: #256929

Complaint Review: NetCash USA - Espanola New Mexico

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  • Reported By: Toledo Ohio
  • Author Confirmed What's this?
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  • NetCash USA 314 North Riverside Dr Espanola, New Mexico U.S.A.

NetCash USA Cash advance rip off,will bleed you dry of your money Espanola New Mexico

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Never in my life have I been ripped off so badly by a cash advance company. I understand that the rates are much higher with cash advances, i have used other companies and never had them bleed me dry like Net Cash USA, I have paid over 3 times if not more than what my loan was for.

On a $500 loan I have paid $885 just in the last 3 months, I am trying to back track it from the begininng because i have no statements from Net Cash showing all my activity. I know have probably paid at least $1000 plus, it makes me sick to even think of what i have paid.

Every time i try to contact them I either get no answer or i get an answer of well your deductions should start decreasing to $50.00. I feel i have paid the loan off a long time ago. There never seems to be an end to the loan, they just keep taking money out of my account every two weeks.

I have gone on the BBB website to research the company and there have been other similar complaints by other customers for the same reasons. i sincerly wish i could speak to those customers so maybe we could form a group lawsuit. This company is a major rip off.

We all get desperate for cash from time to time but I would never recommend using this company they will put you further in debt then what you already were. If there is anyone else out there that has used this company please reply to my message, this company needs to be stopped asap.

Hope
Toledo, Ohio
U.S.A.

This report was posted on Ripoff Report on 06/26/2007 08:24 AM and is a permanent record located here: https://www.ripoffreport.com/reports/netcash-usa/espanola-new-mexico-87532/netcash-usa-cash-advance-rip-offwill-bleed-you-dry-of-your-money-espanola-new-mexico-256929. 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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