Complaint Review: Nationwide Cash

Nationwidecash.com is a fraudulent company. I applied for a payday loan through samedaypaydayloan.com who denied my application and sent me offers from a few other places, nationwidecash.com being one. They had a girl call me at my work to get the online loan documents signed. She misrepresented the finance charge completely and then rushed me through the online documentation process. You are more vulnerable when at work so that's why they call you there.

Once signed, I received $400 electronically into my checking account. Two weeks later $120 came out, which I expected, as they state that you pay the finance charge first. Well then two weeks later another $120 came out, followed two weeks later by another $120 which was returned. So I called them to see what my balance remaining is and they tell me it's $400. plus 270 for interest and fees. That's when I realized I'd been scammed. They continue to try to debit my account through ach which I revoke their authroization to do so! B of A will not help! I think they are working for the pay day lender.

They continue to call and make threats and will not work with me on my terms. So BEWARE of this company's smooth talking young girls that call you and make it sound like the most you'll pay is $150 and the loan will be paid off after the 4th payday deduction. This is false and you will pay dearly. This type of fraudulent lending is illegal in many states so you may have legal right's, which I'd suggest you pursue. I AM...

Desi
San Antonio, Texas
U.S.A.