Complaint Review:
Cash Call INC.
Cash Call INC. preditory loan, illeagal intrest, fruadulent law suit anaheim, California
In 2007 I borrowed $2100.00 dollars online from Cash Call Inc. the loan was to be paid in monthly payments of $215.50 for 44 months for a total amount of $9482.00. high risk high intrest loan. after making monthly payments on the 15 th of each month deducted from my bank accoun for 25 months ( $ 5387.50) I got hit with an Internal Revenue Service leavy on my bank acount and pay checks. when Cash Call tried to get their payment it would not go throw costing me $ 35.00 over draft fees four times. When Cash Call phoned me I informed then that the IRS had taken everything I had and I could not pay them. this styarted them on their call every five minutes and theaten everyone they talked to. After they called my parents and called my mother a lying b*tch I basicly told them where to go. didnt hear anything from them for a couple of years then got a form in the mail wanting me to sign an agreement for less money. NO WAY now on the 10 th of December I get served court papers for the amount of $ 1400.00 total. the princapal on the loan after paying them $5387.50 is $2487.77. along with $8000.00 in intrest and $3300.00 attorney fees and $88.00 filing fee. This company is being sued by the Attorney Generals office in California and by other law firms around the country for preditory loans and illeagal intresty rates 99.99%. this commpaany has to be exposed and put out of buisness.
3 Updates & Rebuttals
Striderq
Columbia,South Carolina,
U.S.A.
Actually a double ripoff
#4General Comment
Wed, December 14, 2011
Since you didn't fulfill your obligation to either Cash Call or the IRS. I'm sure both of them sent you letters and tried to call to settle the debt but you ignored both companies. Thought the debts would just go away and you'd be free of having to pay your legal debts. Doesn't work that way. As James Storm of TNA would say "Sorry about your d**n luck."
Flynrider
Phoenix,Arizona,
USA
Interesting
#4Consumer Comment
Wed, December 14, 2011
You appear to be aware that you were borrowing money at a ridiculous interest rate. Hard to call that predatory, since you thought it was worth it at the time.
What I find humorous is that this company was apparently cool when they offered you money when you needed it. It was only after you stiffed them on repayment that they became a ripoff, is that right? I'm having a hard time following your logic.
From what you posted, I thought the interest they were charging was absurd, but not a ripoff, since you agreed to the terms. You, on the other hand, appear to be the only real ripoff in this report. You promised to repay a loan and you stiffed the lender. No doubt the lender is going to make an expensive example of you. I don't blame them.
coast
USAToo amazing
#4Consumer Comment
Mon, December 12, 2011
Wow! You agreed to pay $7300 interest on a $2100 loan. Are you really that stupid or do you have the worst credit on the planet?
Perhaps you can take out a loan on a $10 dictionary.