Route 66 - Route 66 Funding - Ameriloan - United Cash Loans rip off, fraudulent billing Albany New York
I took out a loan with Route 66 Funding and I was told that I would have to pay a fee of 35 dollars every two weeks to renew my loan. I was charged 35 dollars every week and I over paid this company but was not refunded back what I over paid.
Anthony
Washington, District of Columbia
U.S.A.
3 Updates & Rebuttals
Anton
Arlington,Virginia,
U.S.A.
"Route 66 - Route 66 Funding - Ameriloan - United Cash Loans rip off, fraudulent billing Albany New York
#4Consumer Suggestion
Mon, April 16, 2007
The way most payday loan repayments are setup is to deduct the extension fee from your account on the payday cycle you give them (weekly, biweekly, monthly).
You need to call the company and let them know if you are only paid biweekly. That should change your repayment schedule to every two weeks.
Some of these companies have automatic extension polices as well meaning until you call them and tell them to deduct the full amount they will automatically debit your account the extension fees until you notifey them otherwise.
Contact them and clear up any miscommunications as soon as possible to avoid costly fees in between your actual paydays.
If they have you listed, as you said, for biweekly payments and you contact them and they do not clear up the problem for you I would close the account or have your bank refuse the debit.
Anton
Arlington,Virginia,
U.S.A.
"Route 66 - Route 66 Funding - Ameriloan - United Cash Loans rip off, fraudulent billing Albany New York
#4Consumer Suggestion
Mon, April 16, 2007
The way most payday loan repayments are setup is to deduct the extension fee from your account on the payday cycle you give them (weekly, biweekly, monthly).
You need to call the company and let them know if you are only paid biweekly. That should change your repayment schedule to every two weeks.
Some of these companies have automatic extension polices as well meaning until you call them and tell them to deduct the full amount they will automatically debit your account the extension fees until you notifey them otherwise.
Contact them and clear up any miscommunications as soon as possible to avoid costly fees in between your actual paydays.
If they have you listed, as you said, for biweekly payments and you contact them and they do not clear up the problem for you I would close the account or have your bank refuse the debit.
Aaron
Kansas City,Missouri,
U.S.A.
question
#4Consumer Suggestion
Sat, April 14, 2007
so what happened with ameriloan and united cash loans?? you have 3 companies listed