Complaint Review: Mycashnow.com

After using mycashnow for two (2) previous loans my attempt to apply for a third loan was denied. I spoke with two (2) mycashnow representatives and they both told me that there were several discrepancies regarding my loans and they were unable to disclose any more information except to say that I could no longer apply for a loan.

I explained that my prior two (2) loans were paid off, in full, on the specified dates that I promised to pay them. In spite of these facts, both representatives told me that because of privacy reasons they were unable to disclose any information as to why I was no longer eligible to receive any loans.

I asked to speak with a supervisor both times and was consequently denied, rather rudely in fact. It is my belief that this company is so low-brow, predatory and corrupt that they are interested only in making loans to people who default on them. It is through loan defaults that the company can make more money (even when they already charge interest rates that so high that they are arguably usurious). They probably aren't interested in making loans to people, such as myself, who are responsible and pay their loans off in a timely manner.

Onk2all
Portland, Oregon
U.S.A.