United Cash Loans - 500 Fast Cash - United Cash Loans - 500FastCash takes money out of your account without you knowing Internet

I have had a similar experience with this same company. They actually stem from Money Mutual, a company that Montel Williams personally endorses. They offer payday loans as everyone has mentioned. However, there are very decieving terms used in their user agreements. Here is what happens; Folks see the Money Mutual commercial or online advertisement (Endorsed by Montel Williams), and go to the website to check it out. You will be asked to provide personal information and banking information before actually signing the digital agreement.

I was phoned by a representative, and after realizing they preyed on folks in need, I quickly turned the offer down to the representative via a phone conversation. A week later I realized that they had went ahead and posted $400 dollars to my checking account, and I began calling to have it reversed. They claim I digitally signed a Microsoft Word document which they will present to you if any questions of legality are raised. Working in the IT field, they really expect me to believe that I signed this document electronically, in essence agreeing to the terms. I did not sign this document, and the document does not have the digital time stamp on it. My name was simply typed in by an empoyee that will obviously receive some sort of commision.

Words of advice.. Close your bank account immediately and file a report with the BBB, which ranks them as a "F" despite what the ex-employee claims. There is no way to stop the electronic draft, because they will start drawing different amounts out, sometimes twice a day.

Funny, how when you get an attorney they immediately quit pursuing any old debt that they claim you may have. A LEGIT business would never just quit pursuing old debts, especially in the amounts that an individual will end up owing on just a $400 dollar loan (a little over $1000). They also will not give you any information regarding the signed document (even where it originated via IP Address of your computer). This is a huge red flag, their customer service is just a first defense against lawsuits.

I am really disheartened to know that Montel Williams would endorse such a scam.

People have a tendency to not read contracts that they sign, that is my first and foremost concern. I speak to customers on a daily basis that do not read the terms and conditions of loans that they sign and agree to pay back. They are then upset when they are contacted in concern to the issue. Payday loans are not a long term loan they are meant to be paid back by YOUR NEXT PAY DATE!! When you sign up for the loan on the internet you must provide your bank account info as well as e-mail address, date of birth, address, place of employment and two references. The terms clearly state that if you do not request to pay off the loan your bank account will be debited on the pay date's that YOU(the customer) provide. People please start reading the terms you agree to and stop blaming the company's for your negligence. You are in such a hurry to get the money that you don't take the time to read anything. I deal with this on a daily basis and 9 times out of 10 the customer has not read the terms. Also in the terms it tells you that the loan will be renewed 4 times before pay down of the loan begins. So that $90 you just paid was only renewing your loan till your next pay date and none of it goes toward paying off the loan. Also for the people that say they know nothing about the loan and they did not apply for it, where did we get all your personal information. Again bank accout info, date of birth, place of employment and two reference's, where would we be able to get all that info? Only the customer could have provided it to us and now they don't want to pay the money back or never intended on paying it back. I hope anyone reading this will start paying attention and actually read the terms and conditions they sign up for.