CASHNET USA They are a rip off. They want to take $87.50 for Extension then another 105.00 plus the full amount. Fortworth Texas
I recently borrowed money from a place called CashnetUSA!!! Which was advertised after I applied for a credit card, which I found out that was a fraudlent place and took $159.50 of my money. When you first get into the website they give you all this hype of you can get your money the next day. Well ok great. What I didn't know was that they want to take the entire amount of your money the following paycheck all at once. There was nothing to explain this. When I called about asking for an extension, they want $87.50 to extent for everytime you want need to extent it. WHAT A RIP OFF. I was screwed two times in a row. I asked about partial payments and they said yes and it will 87.50 for everytime you want it. BUT they still want it all at one time, NO ONE CAN AFFORD THAT. They really know how to get you!!!!!!!!! Well I also called on 8/12/2007 and told them that I am going to close my account to due the Credit Card rip of $159.50 and they said well you can pay it all now. Well I am not going to pay anything, unless I can pay in installments. The adveritising was horrible and they just really know how to get you!!!!!!
DesiredSettlementID: Other (requires explanation)
Product_Or_Service: PayDay loan
Lisa
Newtown Square, Pennsylvania
U.S.A.
3 Updates & Rebuttals
Nickalatte
Spearfish,South Dakota,
U.S.A.
Cashnet USA worked for me
#4Consumer Comment
Wed, February 11, 2009
Ive read alot of bad stuff about this company. Truth is, you gotta know what your doing and read ALL of the agreements you are making with them. Payday loans are not for long term, if you use them long term, then yes, it will cost you lots of money, hundreds even thousands of dollars.
One thing I noticed about this company is I applied for 100 bucks just to make it a week, and they financed me for the 600 I was qualified for. and I think this is what happened to alot of people here, but all you gotta do is click the button that says "change the loan amount."
So in my final words, I just gotta say, I ended up borrowing $200, because i got 50% off fee, promo code (NEWCASH) and have made full payment of $225 back to them, no problems, as stated in someone elses comment, this company was here for me when no one else was, and it was so easy to take care of.
PAYDAY LOANS ARE FOR SHORT TERM, 2 WEEKS, ONE MONTH AT THE MOST!! REMEMBER THAT. Or else you will have to pay, then youll be here complaining!
Bankworker
PITTSBURGH,Pennsylvania,
U.S.A.
The OP is incorrect
#4Consumer Comment
Tue, December 02, 2008
Cashnet USA doesn't make you go through nearly the hassles that other payday loan companies make you go through i.e. bank statements, paystubs, sample of hair/blood, etc....They allow you to do up to 4 extensions on your loan but of course you still have to pay the fee for whatever amount you borrow. The fee is interest, which you would pay on any loan. The reason their fee is so high is because they are so unsecure. They basically hand you money and trust you will pay it back because they have no other recourse than to keep drafting your account in hopes your bank will pay the item. Not a ripoff.
Robert
Humble,Texas,
U.S.A.
Robert Stephens: Cashnet usa helped me in a time of need, when nobody else would.
#4Consumer Comment
Tue, December 02, 2008
Cashnet USA did not hesitate to grant me a loan, even though they did not know me. They are also being very patient in me paying my loan back. I tried several loan companies, but CASHNET USA were the only ones to help me in a time of need. I THANK CASHNET USA FOR BEING SO PATIENT AND HELPING ME IN A TIME OF NEED! THEY WILL BE THERE FOR YOU WHEN NO ONE ELSE WILL! RS.