Report: #284765

Complaint Review: United Cash Loan - Nationwide

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Ripoff Report is Xcentric Ventures

Submitted: Wed, November 14, 2007
Updated: Wed, November 14, 2007
Reported By: — austin Texas

Author Confirmed

Why?

United Cash Loan unitedcashloan.com Nationwide U.S.A.

Phone:
Web:
Category: Cash Services

United Cash Loan Can Not believe this happened to me Nationwide

*Consumer Comment: Your loan is probably auto-renewing.

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I cannot stop them from taking my money , they keep taking 75.00 every 2 weeks and I have paid them back much more then I agreed to . No response to the emails I have sent them , Guess I need to close the bank account I've had for 9 years!

Sandy
austin, Texas
U.S.A.

This report was posted on Ripoff Report on 11/14/2007 09:59 AM and is a permanent record located here: https://www.ripoffreport.com/reports/united-cash-loan/nationwide/united-cash-loan-can-not-believe-this-happened-to-me-nationwide-284765. 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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0Author

1Consumer

0Employee/Owner

#1 Consumer Comment

Your loan is probably auto-renewing.

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

SUBMITTED: Wednesday, November 14, 2007

POSTED: Wednesday, November 14, 2007

Most payday loans companies set the loan to auto renew every pay period (usually two weeks).

What they have been debiting from your acount has been the loan fee only. None of it has been applied to the original loan amount. These are not installment loans. I am assuming the original loan was for $250 from the amount they have been debiting (usually $30 for every $100).

You will need to phone, or fax them to tell them to debit the entire amount plus fees. There should also be a way to log on to your account through their web site. There should also be a section somewhere in your loan documents that tells you what to do to pay it off in full.

Good luck.

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