CashNet USA loan $500 interest $105.13 to be debited Feb. 11, 2009 only took interest unathorized extension new bal. $635.18 (new int. 135,18) Chicago Illinois
On January 29, 2009 I applied for loan of $500 with interest of $105.13 which was to be debited in full from my bank acct. Feb.11, 2009. When I got my bank statement I noticed cashnetusa only took the interest. I contacted them and they said I checked to extend it. I did not do that and realized they were planning to debit my acct again.
I Immediately sent them an e-mail Fri. March 6, 2009 and told them to take the full payment. I was informed that the total would be $635.19 and they can't debit until Mon. 3/09/2009. They set me back by charging adding a larger interest plus the $500. I end up being charged $700 plus for a $500 loan. I have a copy of my contract and mail they sent me.
Norrita
Owings Mills, Maryland
U.S.A.