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Report: #1187018

Complaint Review: North Cash - Internet

  • Submitted:
  • Updated:
  • Reported By: Ripped Off & P*ssed Off — Washington Dist of Columbia
  • Author Confirmed What's this?
  • Why?
  • North Cash Internet USA

North Cash Fraud, Ripoff, scammers, Internet

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I decided to use North Cash and requested $500. I was told that my interest rate would be $150. I was told that my payments would be $150   & the 1st one goes towards my interest. I decide to call a month 1/2 later to make sure that I was close to paying my balance of $650 off. When the gentleman got on the phone he explained that $125 went to my "principle" & $25 would go to my loan. I asked that he set me up to take $200 vs $150 for my next payment. Realizing that 3 payments of $150 + the $200 totaling too $650. Something told me to call and make sure my balance is over. Another gentleman then told me that my balance was $585 & that my loan was set up for 35 payments but never gave me an amount. Never once did the young lady in our initial conversation explain to me that $125 of $150 of my 1st 4 payments would go towards my principle & remaining would go towards my balance. So with that being said I have to pay 1250 (the initial $650 + $585) before they decided to freeze my account. I think I'm going to take this to court! 

This report was posted on Ripoff Report on 11/05/2014 01:41 PM and is a permanent record located here: https://www.ripoffreport.com/reports/north-cash/internet/north-cash-fraud-ripoff-scammers-internet-1187018. 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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