200 Cash Payday Loan Charged $19 for an app fee & got no loan Internet
Applied on the internet for a payday loan. Didn't get the loan but $19 was deducted from my checking account, which over drafted me. I emailed & told them to cancel the application. They emailed back & said it was cancelled but they were still taking out the app fee. The next day I got more papers from them on the internet to sign. I did not sign them. They told me I signed for them to take out the money. I did not see it but when they emailed a copy of documents there it was. They are listed as scam artits if you check out the rip off reports.
1 Updates & Rebuttals
Susan
This City,Illinois,
USA
Call your bank
#2Consumer Comment
Mon, December 21, 2009
Call your bank and tell them what is going on. They will change your account numbers for free.
On the main page of that site it says:
"
Q - How does quick pay day loans work?
A - You give us authorization to deposit $100 - $300 payday loans directly into your account, and to collect the loan plus a loan fee on your next payday. Both the deposit and your payment are made electronically using the Federal Automated Clearing House (ACH), also known as "EFT".
Q - What does it cost to get a payday advance loan?
A - For each $100 borrowed, our charges are a low $30 every 2 weeks or part thereof. There is also a $19.00, one-time only, non-refundable application fee, payable upon submission of this application.
Please read the no TeleTrack payday loans FAQ for all the information you'll need to apply for a payday advance / quick cash loan, or go to the no fax application page to begin applying for your loan. "
If you click that "no TeleTrack paydayl loans FAQ" ......
Call your bank ASAP, they have your account info. Even if they gave you $200. it would cost you $79.95 and if you didn't pay $200 back in 15 days, add another $60. Fifteen days later, another $60
This is loan sharking but supposedly legal because it is online.