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Report: #320144

Complaint Review: United Cash Loans - Internet

  • Submitted:
  • Updated:
  • Reported By: Lebanon Pennsylvania
  • Author Confirmed What's this?
  • Why?
  • United Cash Loans Unitedcashloans.com Internet U.S.A.

United Cash Loans ,United Cash loans is a nightmare to hard working individuals as well as all other payday loan operations. Unitedcashloans.com Internet

*Consumer Suggestion: RE: Repeated Withdrawls

*Consumer Suggestion: RE: Repeated Withdrawls

*Consumer Suggestion: RE: Repeated Withdrawls

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United Cash loans is an internet payday loan company based over the internet. My wife applied and received a loan in the amount of $150 and would have to pay back $190. This morning we cahecked our bank account and notice that they made three drafts: (1) was for the interest charge which was $45.00 (2) then took another $50.00 without our knowledge and caused an overdraft (3) then on top of that after overdrawing my account had the nerve to charge me a NSF fee of $29.00 due to their actions.

I would advise all the hard working people to stay away from these predators they are causing a lot of people to be even more in debt when people are using to help them temporarily get out of somekind of debt. I have truly learned my leason and would hope that the people reading this would use me a prototype and not get involved with these payday loan businesses.

Me, myself and i
Lebanon, Pennsylvania
U.S.A.

This report was posted on Ripoff Report on 03/22/2008 07:38 AM and is a permanent record located here: https://www.ripoffreport.com/reports/united-cash-loans/internet/united-cash-loans-united-cash-loans-is-a-nightmare-to-hard-working-individuals-as-well-as-320144. 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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REBUTTALS & REPLIES:
0Author
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0Employee/Owner

#3 Consumer Suggestion

RE: Repeated Withdrawls

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

POSTED: Tuesday, April 08, 2008

I myself had just recently applied for a $200.00 loan from United Cash Loans. I do not like the idea of not having a phone # for contact. I sent them a message regarding login info and suprisingly they had sent me the following: If you do not sign and initial to pay in full they will automatically take $50 + $60 as you stated. You can contact them @

UnitedCashLoans
3531 P ST NW
PO BOX 111
Miami, OK 74355
Fax 1-800-803-8794
Phone 1-800-279-8511
compliancedepartment@unitedcashloans.com

I hope this helps !!!!


As a reminder, your loan will be renewed on each due date. Renewal will continue until you authorize us to pay your loan in full. On the due date resulting from your fourth renewal and every due date thereafter, your loan must be paid down by $50.00. This means your account will be debited for the finance charge plus $50.00, and this will continue until your loan is paid in full.
To better serve you, please submit all requests and questions by faxing us at 1-800-803-8794.

my name here
my address here


THIS DOCUMENT IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

ACCOUNT NUMBER: xxxxxxxxxxx

Account Summary
PAY OFF AMOUNT SCHEDULED RENEWAL PAYMENT AMOUNT
Pay Off Due Date
Pay Off Amount Due 2008-05-09
$260.00 Renewal Due Date
Renewal Amount Due
Pay Down Amount Due 2008-05-09
$60.00
$0.00
Current Amount Due This Period: $60.00
Next Scheduled Payment if Loan is Renewed
NEXT SCHEDULED DUE DATE NEXT SCHEDULED PAYMENT AMOUNT
2008-06-09 $60.00

Payment Options

Renewal. Your loan will be renewed on every* due date unless you notify us of your desire to pay your loan in full or to pay down your principal amount borrowed and timely notify us as provided below. You will accrue a new fee of $60.00 every time your loan is renewed. Any fees accrued during renewal will not go toward the principal amount owed.
* On the due date resulting from your fourth renewal and on the due date from every renewal thereafter, your loan must be paid down by $50.00. This means your account will be debited for the finance charge plus $50.00, and this will continue until your loan is paid in full. Any renewal of your loan is a modification of your original loan documents, including your Loan Note and Disclosure, and the terms and conditions of those documents remain in full force and effect except as otherwise expressly modified herein.
Pay Down. You can pay down your principal amount by increments of $50.00. Paying down will decrease the fee charged for the next renewal due. To accept this option, you must notify us of your request in writing via fax at Toll Free 1-800-803-8794. The request needs to be received at least three full business days before your loan is due.
Pay Off. You can payoff your full balance of $260.00, the principal plus the fee for that period. To accept this option you must notify us of your request in writing via fax at 1-800-803-8794. The request needs to be received at least three full business days before your loan is due.
Governing Law: By obtaining this loan and or renewal of this loan thereafter, both parties agree that this Note and your account shall be governed by all applicable federal laws and all laws of the jurisdiction in which the Lender is located, regardless of which state you may reside, and you consent to the exclusive exercise of regulatory and adjudicatory authority by the jurisdiction in which the Lender is located over all matters related to this Note and your account, forsaking any other jurisdiction which either party may claim by virtue of residency.
Unless we receive written notification from you at least three full business days before your loan is due, your loan will be renewed. Renewal fees will not be refunded if this signed document is not received within the allotted time frame.


ANNUAL PERCENTAGE RATE
The cost of your credit as a yearly rate. 342.19% Payment Schedule
You must make one payment of $260.00 on 2008-05-09 if you choose to pay off your loan rather than renew.
Security Interest. The loan is unsecured.
Loan Fee/Prepayment: The Renewal Charge consists solely of a Loan Fee that is earned in full at the time the loan is funded. Although you may pay in advance all or part of what you owe without penalty, you will not receive a refund or credit of any part or all of the Finance Charge.
The Annual Percentage Rate is estimated based on the anticipated date the loan proceeds will be deposited to your Account.
RENEWAL CHARGE
The dollar amount the credit will cost you. $60.00
Amount Financed
The amount of credit provided to you or on your behalf. $200.00
Total of Payments
The amount you will have paid if you select to renew your loan and make the payment as scheduled. $260.00

The Account: You have a debit account on file at Centra Bank, Inc.
By signing or electronically signing below you are authorizing UnitedCashLoans, and or their servicers and affiliates to debit the renewal charge due $60.00 plus the additional $50.00 to be applied to your principal balance or the pay off amount due $260.00, from your account named above on your current due date of 2008-05-09. You must initial by the payment option you wish to use below. If no option is selected, we will accept this document as request of pay down. You must fax or email this document three full business days before your due date to ensure your loan is not renewed. DONOT SIGN IF YOU ARE WANTING TO RENEW YOUR LOAN FOR THE MINIMUM AMOUNT.
________ Initial Here to Pay Down on your principal balance in the amount of $0.00 plus pay the renewal charge.
________ Initial Here to pay your loan In Full the total principal balance .

My name here
Signature Print Name Date


Please call 4 hours after sending document to confirm that it was received and the request has been processed.

Respond to this report!
What's this?

#2 Consumer Suggestion

RE: Repeated Withdrawls

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

POSTED: Tuesday, April 08, 2008

I myself had just recently applied for a $200.00 loan from United Cash Loans. I do not like the idea of not having a phone # for contact. I sent them a message regarding login info and suprisingly they had sent me the following: If you do not sign and initial to pay in full they will automatically take $50 + $60 as you stated. You can contact them @

UnitedCashLoans
3531 P ST NW
PO BOX 111
Miami, OK 74355
Fax 1-800-803-8794
Phone 1-800-279-8511
compliancedepartment@unitedcashloans.com

I hope this helps !!!!


As a reminder, your loan will be renewed on each due date. Renewal will continue until you authorize us to pay your loan in full. On the due date resulting from your fourth renewal and every due date thereafter, your loan must be paid down by $50.00. This means your account will be debited for the finance charge plus $50.00, and this will continue until your loan is paid in full.
To better serve you, please submit all requests and questions by faxing us at 1-800-803-8794.

my name here
my address here


THIS DOCUMENT IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

ACCOUNT NUMBER: xxxxxxxxxxx

Account Summary
PAY OFF AMOUNT SCHEDULED RENEWAL PAYMENT AMOUNT
Pay Off Due Date
Pay Off Amount Due 2008-05-09
$260.00 Renewal Due Date
Renewal Amount Due
Pay Down Amount Due 2008-05-09
$60.00
$0.00
Current Amount Due This Period: $60.00
Next Scheduled Payment if Loan is Renewed
NEXT SCHEDULED DUE DATE NEXT SCHEDULED PAYMENT AMOUNT
2008-06-09 $60.00

Payment Options

Renewal. Your loan will be renewed on every* due date unless you notify us of your desire to pay your loan in full or to pay down your principal amount borrowed and timely notify us as provided below. You will accrue a new fee of $60.00 every time your loan is renewed. Any fees accrued during renewal will not go toward the principal amount owed.
* On the due date resulting from your fourth renewal and on the due date from every renewal thereafter, your loan must be paid down by $50.00. This means your account will be debited for the finance charge plus $50.00, and this will continue until your loan is paid in full. Any renewal of your loan is a modification of your original loan documents, including your Loan Note and Disclosure, and the terms and conditions of those documents remain in full force and effect except as otherwise expressly modified herein.
Pay Down. You can pay down your principal amount by increments of $50.00. Paying down will decrease the fee charged for the next renewal due. To accept this option, you must notify us of your request in writing via fax at Toll Free 1-800-803-8794. The request needs to be received at least three full business days before your loan is due.
Pay Off. You can payoff your full balance of $260.00, the principal plus the fee for that period. To accept this option you must notify us of your request in writing via fax at 1-800-803-8794. The request needs to be received at least three full business days before your loan is due.
Governing Law: By obtaining this loan and or renewal of this loan thereafter, both parties agree that this Note and your account shall be governed by all applicable federal laws and all laws of the jurisdiction in which the Lender is located, regardless of which state you may reside, and you consent to the exclusive exercise of regulatory and adjudicatory authority by the jurisdiction in which the Lender is located over all matters related to this Note and your account, forsaking any other jurisdiction which either party may claim by virtue of residency.
Unless we receive written notification from you at least three full business days before your loan is due, your loan will be renewed. Renewal fees will not be refunded if this signed document is not received within the allotted time frame.


ANNUAL PERCENTAGE RATE
The cost of your credit as a yearly rate. 342.19% Payment Schedule
You must make one payment of $260.00 on 2008-05-09 if you choose to pay off your loan rather than renew.
Security Interest. The loan is unsecured.
Loan Fee/Prepayment: The Renewal Charge consists solely of a Loan Fee that is earned in full at the time the loan is funded. Although you may pay in advance all or part of what you owe without penalty, you will not receive a refund or credit of any part or all of the Finance Charge.
The Annual Percentage Rate is estimated based on the anticipated date the loan proceeds will be deposited to your Account.
RENEWAL CHARGE
The dollar amount the credit will cost you. $60.00
Amount Financed
The amount of credit provided to you or on your behalf. $200.00
Total of Payments
The amount you will have paid if you select to renew your loan and make the payment as scheduled. $260.00

The Account: You have a debit account on file at Centra Bank, Inc.
By signing or electronically signing below you are authorizing UnitedCashLoans, and or their servicers and affiliates to debit the renewal charge due $60.00 plus the additional $50.00 to be applied to your principal balance or the pay off amount due $260.00, from your account named above on your current due date of 2008-05-09. You must initial by the payment option you wish to use below. If no option is selected, we will accept this document as request of pay down. You must fax or email this document three full business days before your due date to ensure your loan is not renewed. DONOT SIGN IF YOU ARE WANTING TO RENEW YOUR LOAN FOR THE MINIMUM AMOUNT.
________ Initial Here to Pay Down on your principal balance in the amount of $0.00 plus pay the renewal charge.
________ Initial Here to pay your loan In Full the total principal balance .

My name here
Signature Print Name Date


Please call 4 hours after sending document to confirm that it was received and the request has been processed.

Respond to this report!
What's this?

#1 Consumer Suggestion

RE: Repeated Withdrawls

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

POSTED: Tuesday, April 08, 2008

I myself had just recently applied for a $200.00 loan from United Cash Loans. I do not like the idea of not having a phone # for contact. I sent them a message regarding login info and suprisingly they had sent me the following: If you do not sign and initial to pay in full they will automatically take $50 + $60 as you stated. You can contact them @

UnitedCashLoans
3531 P ST NW
PO BOX 111
Miami, OK 74355
Fax 1-800-803-8794
Phone 1-800-279-8511
compliancedepartment@unitedcashloans.com

I hope this helps !!!!


As a reminder, your loan will be renewed on each due date. Renewal will continue until you authorize us to pay your loan in full. On the due date resulting from your fourth renewal and every due date thereafter, your loan must be paid down by $50.00. This means your account will be debited for the finance charge plus $50.00, and this will continue until your loan is paid in full.
To better serve you, please submit all requests and questions by faxing us at 1-800-803-8794.

my name here
my address here


THIS DOCUMENT IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

ACCOUNT NUMBER: xxxxxxxxxxx

Account Summary
PAY OFF AMOUNT SCHEDULED RENEWAL PAYMENT AMOUNT
Pay Off Due Date
Pay Off Amount Due 2008-05-09
$260.00 Renewal Due Date
Renewal Amount Due
Pay Down Amount Due 2008-05-09
$60.00
$0.00
Current Amount Due This Period: $60.00
Next Scheduled Payment if Loan is Renewed
NEXT SCHEDULED DUE DATE NEXT SCHEDULED PAYMENT AMOUNT
2008-06-09 $60.00

Payment Options

Renewal. Your loan will be renewed on every* due date unless you notify us of your desire to pay your loan in full or to pay down your principal amount borrowed and timely notify us as provided below. You will accrue a new fee of $60.00 every time your loan is renewed. Any fees accrued during renewal will not go toward the principal amount owed.
* On the due date resulting from your fourth renewal and on the due date from every renewal thereafter, your loan must be paid down by $50.00. This means your account will be debited for the finance charge plus $50.00, and this will continue until your loan is paid in full. Any renewal of your loan is a modification of your original loan documents, including your Loan Note and Disclosure, and the terms and conditions of those documents remain in full force and effect except as otherwise expressly modified herein.
Pay Down. You can pay down your principal amount by increments of $50.00. Paying down will decrease the fee charged for the next renewal due. To accept this option, you must notify us of your request in writing via fax at Toll Free 1-800-803-8794. The request needs to be received at least three full business days before your loan is due.
Pay Off. You can payoff your full balance of $260.00, the principal plus the fee for that period. To accept this option you must notify us of your request in writing via fax at 1-800-803-8794. The request needs to be received at least three full business days before your loan is due.
Governing Law: By obtaining this loan and or renewal of this loan thereafter, both parties agree that this Note and your account shall be governed by all applicable federal laws and all laws of the jurisdiction in which the Lender is located, regardless of which state you may reside, and you consent to the exclusive exercise of regulatory and adjudicatory authority by the jurisdiction in which the Lender is located over all matters related to this Note and your account, forsaking any other jurisdiction which either party may claim by virtue of residency.
Unless we receive written notification from you at least three full business days before your loan is due, your loan will be renewed. Renewal fees will not be refunded if this signed document is not received within the allotted time frame.


ANNUAL PERCENTAGE RATE
The cost of your credit as a yearly rate. 342.19% Payment Schedule
You must make one payment of $260.00 on 2008-05-09 if you choose to pay off your loan rather than renew.
Security Interest. The loan is unsecured.
Loan Fee/Prepayment: The Renewal Charge consists solely of a Loan Fee that is earned in full at the time the loan is funded. Although you may pay in advance all or part of what you owe without penalty, you will not receive a refund or credit of any part or all of the Finance Charge.
The Annual Percentage Rate is estimated based on the anticipated date the loan proceeds will be deposited to your Account.
RENEWAL CHARGE
The dollar amount the credit will cost you. $60.00
Amount Financed
The amount of credit provided to you or on your behalf. $200.00
Total of Payments
The amount you will have paid if you select to renew your loan and make the payment as scheduled. $260.00

The Account: You have a debit account on file at Centra Bank, Inc.
By signing or electronically signing below you are authorizing UnitedCashLoans, and or their servicers and affiliates to debit the renewal charge due $60.00 plus the additional $50.00 to be applied to your principal balance or the pay off amount due $260.00, from your account named above on your current due date of 2008-05-09. You must initial by the payment option you wish to use below. If no option is selected, we will accept this document as request of pay down. You must fax or email this document three full business days before your due date to ensure your loan is not renewed. DONOT SIGN IF YOU ARE WANTING TO RENEW YOUR LOAN FOR THE MINIMUM AMOUNT.
________ Initial Here to Pay Down on your principal balance in the amount of $0.00 plus pay the renewal charge.
________ Initial Here to pay your loan In Full the total principal balance .

My name here
Signature Print Name Date


Please call 4 hours after sending document to confirm that it was received and the request has been processed.

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