Report: #209035

Complaint Review: United Cash Loans

  • Submitted: Fri, September 01, 2006
  • Updated: Fri, September 01, 2006
  • Reported By: Woodbridge New Jersey
  • United Cash Loans
  • Phone:
  • Web:
  • Category: Loans

United Cash Loans ripoff Internet

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I took out a loan with United Cash Loans after I was out of work for a week and need money to pay my car insurance. They prey on the financially needy. Initially, they take out $90 ($30 for every $100) on the pay days that you list. This money does not even touch the principal balance of the loan. They do this until every 5th payment, in which they take out an extra $50 from your account to put toward the principal balance. I noticed on bank ststements that there additional deductions from my bank statements. No rhyme or reason to these deductions. Just randon deductions whenever they felt like it. According to them, my loan is still outstanding even thought I ave paid them (they have stolen) close to $1000 on a $300 loan! I still have to pay the $390 to clear up the loan.

They are horrible people and I don't understand how these companies are legal

Woodbridge, New Jersey

This report was posted on Ripoff Report on 09/01/2006 11:53 AM and is a permanent record located here: 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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