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Report: #1226395

Complaint Review: SpeedyCash. - Internet

  • Submitted:
  • Updated:
  • Reported By: Mary — Adger Alabama USA
  • Author Not Confirmed What's this?
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  • SpeedyCash. Internet USA

SpeedyCash. I was told that I was approved for a 3,000.00 loan but that i needed to verify that i could make the payments by buying a green dot card,i did this apparently they got the money from the card, then told me the wire transfer fee was 760.00 and that i needed to show them that i could pay this amount, but i really would not be paying it, then they would deposit money into my account, fool me once shame on you shame me 2 times shame on me am out 220.00 but they will get no more Wichita Kansas

*Consumer Suggestion: Speedy Cash - Fake

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I was contacted my a company calling themselves "SpeedyCash".  I had beed trying to get a loan, and this company offered me a loan of $5,000.00  Told them I onlu needed $3.000.  So they did the loan papers and sent them to my e-mail to be signed which I did and sent back to them.  The monthly payment was to be $220.00 dollars a month.  In the contract it says I need to purchase a green dot prepaid debit card, for identify verfication , then my funds would be deposited into my account.  Now I am being told that I have to verivfy that I can Pay $360.00 which is half of the wire transfer fee, and that my money was on hold and so my green dot card until I showed I could pay this anount.  Please there is a legal speedy cash I spoke with them this morning and they do not even offer installment loans in my state.  Thank goodness I only lost $220.00 it could have been much worse, but i did take the precaution by taking all the money out of bank account, as they had my numbers to deposit the loan into my bank.

Please do not let this happen to you,

This report was posted on Ripoff Report on 05/02/2015 11:23 AM and is a permanent record located here: https://www.ripoffreport.com/reports/speedycash/internet/speedycash-i-was-told-that-i-was-approved-for-a-300000-loan-but-that-i-needed-to-verif-1226395. 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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#1 Consumer Suggestion

Speedy Cash - Fake

AUTHOR: Dennis - (USA)

POSTED: Monday, May 04, 2015

Anyone that is taken by this scam it is your fault.  No loan company, payday loans or title loans are going to request that you buy a green dot card.  The scam that is happening is due to the information you are providing on the internet.   This information is sent to all types of payday loan loan companies, most of the big ones subscribe to this program.  So they pray upon you because you need a loan badly and don't have great credit.  But any loan company will not request you to make any payment or a processing fee.  They will usually add any fees to the loan and build it into the loan payment.  So if you need money go to the loan company and don't deal with a call from out of the blue saying you are approved.  

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