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  • Report:  #378435

Complaint Review: 200cash.com Inc - Wilmington Delaware

Reported By:
- BROOKLYN CENTER, Minnesota,
Submitted:
Updated:

200cash.com Inc
110 W.Ninth St Suite 581 Wilmington, 19801 Delaware, U.S.A.
Phone:
714-839-1300
Web:
N/A
Tell us has your experience with this business or person been good? What's this?
I applied for a new loan on Sept 19th. On Sept 24th they charged my bank account the $19.00 prepayment fee. I was supposed to have the $200 loan in my bank the next day. As of today, Oct 5th, I still have not received the loan.

DENNIS

BROOKLYN CENTER, Minnesota

U.S.A.


1 Updates & Rebuttals

Debbie

Cincinnati,
Ohio,
U.S.A.
READ before you apply!

#2Consumer Comment

Tue, October 07, 2008

I'm a frequent visitor to ROR, and I see reports on 200cash.com ALL the time. They all say the same thing, that this place took $19 from their accounts and it's a ripoff. No.... I'm not familiar with payday loans, so I jumped over to 200cash.com's website to see if they disclose anything about why they would take $19 from someone looking for money. It took me all of 10 seconds to find the answer. This is right from their website, under the FAQs: ------------------------------------- "Frequently Asked Questions What is a payday advance A payday advance is a short term loan to tide you over until your next payday. What does it cost to take out a cash advance loan The cost for a $200 loan for up to 15 days is only $60. In addition, first time applicants must cover a $19.00, one-time only, non-refundable application fee, payable on the submission of the application. Once your account is approved, and stays in good standing you can get new loans anytime. " ------------------------------------------------------------------ See that? $19 NON-REFUNDABLE APPLICATION FEE. It says it right there folks! WHY are people surprised when they take it out of their accounts? Its non-refundable, meaning whether you get the loan or not, they get your $19. Guess that's just the price you pay for needing money quick.

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