- Report: #196533
Complaint Review: Ameriloan - Mycashnow - cashtransferservices - Nationwide
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Ameriloan - Mycashnow - cashtransferservices
www.mycashnow.com Nationwide, U.S.A.
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Ameriloan - Mycashnow - cashtransferservices unauthorized withdrawal from my account threats to garnish wages ripoff Nationwide *EDitor's Suggestions on how to get your money back into your bank account!
My payday hell started about six months ago. I am a single mother, educated and gainfully employed, but like most single parents went through a "rough spot" during the holidays, birthdays and a surprise car repair. I started out by taking three loans. One was 1,100 , one was 200 and the other 300. It was tough, but I knew about and expected the huge fees.
All was paid off within two months. Once again, now seeing how these services worked, I found myself NEEDING to get out of a bad situation. This time, it was due to the finance charges from these places. I was forced to renew loans. THIS TIME, I was SWAMPED with e-mail from different companies all claiming to have me pre-approved for these loans. All I had to do was "click" to find out the info. I took two more. In a complete state of panic, I went to my boyfriend and told him everything. He was sorry that I felt the need to use these services and gave me the money to pay them ALL off which I did right away.
To my surprise- my direct deposit from my job came and two days later it was gone. Companies with names which I have NEVER heard of and CERTAINLY NEVER signed anything for, were taking THOUSANDS of dollars out of my account. When I tried to put a stop payment for these places on my account, they put them through using different names and numbers.
I switched accounts, leaving the original open (switched to protect my paycheck) and now I am getting MANY threatening calls from places who don't even leave their names, saying that I am a criminal and that they are not only garnishing my wages, but that I am in legal trouble as well.
What are the laws in Pennsylvania and HOW do I STOP this?? There are SO MANY of these companies that I don't even know where to start. When I wrote MYCASHNOW demanding that they show me a signed document by ME allowing this, they sent a contract with my name but NO signature (not even electronic) the signature line was BLANK. When I wrote them back, they ignored me and continued the threats. Not only are these fees giving me a negative balance with my bank, but my bank has also charged NSF fees for EVERY transaction that they try and take. It is now showing that I owe my BANK THOUSANDS of dollars.
I NEED HELP WITH THIS if ANYONE has ANY info PLEASE reply.
Jessica
elkins park, Pennsylvania
U.S.A.
EDitor's Suggestions on how to get your money back!
HERE IS WHAT RIP-OFF REPORT SUGGESTS YOU DO:
Go to your bank within 60 days of the charge, or as soon as you know about the charge, don't delay, and tell them that there has been fraudulent activity within your account. Explain that you wish to file a dispute, and demand that they assist you in accordance with Federal Regulation E.
According to the majority of victims interviewed by Rip-off Report, those who immediately called their banks to dispute the charges did not get very far. Many victims got the following responses from their banks: we could not do anything for you or you waited too long; it has been more than 60 days.
If the bank is says that you have waited too long, explain to them how you called their 800 number as soon as the charges were found, and were told by the bank that nothing could be done. Remind the bank that they failed to assist you properly at the 800 #, and instead, provided you with an inadequate explanation of your right to dispute. Tell the bank that it's their fault time has expired, and since they gave you the wrong info to begin with, they will just have to deal with it, take the loss and reverse the charges.
Tell them the truth; this was unauthorized and your account was NOT to be charged! Keep emphasizing how you never authorized anything! Direct them to the hundreds of victims reports that were filed on Rip-off Report.com. And if you're at the bank, walk them over to their computer and make them go to this site! If you are on the phone with them, tell them you will wait while they access this site! Either way, be persistent!
DO NOT TAKE NO FOR AN ANSWER!
Let them know nicely, that you were advised to Report them (the Bank) and this situation to the Banking Commission in your state. Since each state has a different name for the agency/controller over banks, find that name before you call or get to the bank so you can throw it in their face. The more knowledgeable you appear to be, the further you will get.
And just continue to demand the Federal Regulation E form! The bank CAN, MUST and WILL reverse the charge! But, you must be persistent; ask to speak to the supervisor or the area manager for all the branches in the state.
Let the bank personnel know you are meeting with the media later in the day, that you would much rather they do the right thing (as most other banks have) by looking at the complaints and immediately reversing the charge(s) to your account; no matter how long ago it was. Be sure to call the Media if necessary so you are telling the truth.
If you have to, be loud (but nice) in front of other customers. If you are just calling by phone, the above tactics should still work. The bank can easily fax or mail to you the Federal Regulation E dispute form.
CHARGES TO YOUR CREDIT CARD
If the charge was to your credit card (not debit card, check card, or checking account), contact the credit card company as soon as possible to request a dispute form. Consumers usually have a little longer to dispute fraudulent credit card charges (up to 6 months), but it is better to act right away. In this type of situation, credit card disputes are usually successful since fraudulent companies often won't contest the disputed charge. In rare cases, credit card companies will review disputes, but refuse to reverse the charges. If this occurs, complain to a manager and let them know you will be filing a report here.
Remember Don't let them get away with it! Make sure they make the Rip-off Report .. The more Reports filed on a Company or individual, the more likely it is that the authorities, media and attorneys will want to take action.
And good luck Let us know how you do!
ED Magedson Founder, Rip-off Report.com & Author of www.ripoffrevenge.com
[email protected]
badbusinessbureau.com
www.ripoffreport.com
Don't let them get away with it.
Make sure they make the Rip-off Report!
We are not lawyers.
We are not a collection agency.
We are Consumer Advocates.
...the victims' advocate
WE are Civil and Human Rights Activists
We are a Worldwide Consumer Reporting News Agency
...by consumers, for consumers
CLICK HERE to read about Credit Card Scams... find out how to get your money back. *Rip-off Report Investigation provides valuable information.
All was paid off within two months. Once again, now seeing how these services worked, I found myself NEEDING to get out of a bad situation. This time, it was due to the finance charges from these places. I was forced to renew loans. THIS TIME, I was SWAMPED with e-mail from different companies all claiming to have me pre-approved for these loans. All I had to do was "click" to find out the info. I took two more. In a complete state of panic, I went to my boyfriend and told him everything. He was sorry that I felt the need to use these services and gave me the money to pay them ALL off which I did right away.
To my surprise- my direct deposit from my job came and two days later it was gone. Companies with names which I have NEVER heard of and CERTAINLY NEVER signed anything for, were taking THOUSANDS of dollars out of my account. When I tried to put a stop payment for these places on my account, they put them through using different names and numbers.
I switched accounts, leaving the original open (switched to protect my paycheck) and now I am getting MANY threatening calls from places who don't even leave their names, saying that I am a criminal and that they are not only garnishing my wages, but that I am in legal trouble as well.
What are the laws in Pennsylvania and HOW do I STOP this?? There are SO MANY of these companies that I don't even know where to start. When I wrote MYCASHNOW demanding that they show me a signed document by ME allowing this, they sent a contract with my name but NO signature (not even electronic) the signature line was BLANK. When I wrote them back, they ignored me and continued the threats. Not only are these fees giving me a negative balance with my bank, but my bank has also charged NSF fees for EVERY transaction that they try and take. It is now showing that I owe my BANK THOUSANDS of dollars.
I NEED HELP WITH THIS if ANYONE has ANY info PLEASE reply.
Jessica
elkins park, Pennsylvania
U.S.A.
EDitor's Suggestions on how to get your money back!
HERE IS WHAT RIP-OFF REPORT SUGGESTS YOU DO:
Go to your bank within 60 days of the charge, or as soon as you know about the charge, don't delay, and tell them that there has been fraudulent activity within your account. Explain that you wish to file a dispute, and demand that they assist you in accordance with Federal Regulation E.
According to the majority of victims interviewed by Rip-off Report, those who immediately called their banks to dispute the charges did not get very far. Many victims got the following responses from their banks: we could not do anything for you or you waited too long; it has been more than 60 days.
If the bank is says that you have waited too long, explain to them how you called their 800 number as soon as the charges were found, and were told by the bank that nothing could be done. Remind the bank that they failed to assist you properly at the 800 #, and instead, provided you with an inadequate explanation of your right to dispute. Tell the bank that it's their fault time has expired, and since they gave you the wrong info to begin with, they will just have to deal with it, take the loss and reverse the charges.
Tell them the truth; this was unauthorized and your account was NOT to be charged! Keep emphasizing how you never authorized anything! Direct them to the hundreds of victims reports that were filed on Rip-off Report.com. And if you're at the bank, walk them over to their computer and make them go to this site! If you are on the phone with them, tell them you will wait while they access this site! Either way, be persistent!
DO NOT TAKE NO FOR AN ANSWER!
Let them know nicely, that you were advised to Report them (the Bank) and this situation to the Banking Commission in your state. Since each state has a different name for the agency/controller over banks, find that name before you call or get to the bank so you can throw it in their face. The more knowledgeable you appear to be, the further you will get.
And just continue to demand the Federal Regulation E form! The bank CAN, MUST and WILL reverse the charge! But, you must be persistent; ask to speak to the supervisor or the area manager for all the branches in the state.
Let the bank personnel know you are meeting with the media later in the day, that you would much rather they do the right thing (as most other banks have) by looking at the complaints and immediately reversing the charge(s) to your account; no matter how long ago it was. Be sure to call the Media if necessary so you are telling the truth.
If you have to, be loud (but nice) in front of other customers. If you are just calling by phone, the above tactics should still work. The bank can easily fax or mail to you the Federal Regulation E dispute form.
CHARGES TO YOUR CREDIT CARD
If the charge was to your credit card (not debit card, check card, or checking account), contact the credit card company as soon as possible to request a dispute form. Consumers usually have a little longer to dispute fraudulent credit card charges (up to 6 months), but it is better to act right away. In this type of situation, credit card disputes are usually successful since fraudulent companies often won't contest the disputed charge. In rare cases, credit card companies will review disputes, but refuse to reverse the charges. If this occurs, complain to a manager and let them know you will be filing a report here.
Remember Don't let them get away with it! Make sure they make the Rip-off Report .. The more Reports filed on a Company or individual, the more likely it is that the authorities, media and attorneys will want to take action.
And good luck Let us know how you do!
ED Magedson Founder, Rip-off Report.com & Author of www.ripoffrevenge.com
[email protected]
badbusinessbureau.com
www.ripoffreport.com
Don't let them get away with it.
Make sure they make the Rip-off Report!
We are not lawyers.
We are not a collection agency.
We are Consumer Advocates.
...the victims' advocate
WE are Civil and Human Rights Activists
We are a Worldwide Consumer Reporting News Agency
...by consumers, for consumers
CLICK HERE to read about Credit Card Scams... find out how to get your money back. *Rip-off Report Investigation provides valuable information.
1 Updates & Rebuttals
Jessica
Elkins Park,Pennsylvania,
U.S.A.
RE:
#2Consumer Comment
Thu, June 15, 2006
Hi, Ed and thanks for your response.. I am afraid it's more complicated. I work FOR the BANK IN Human Resources. I am going to try and call them again, but this is just a HORRIBLE situation. It's not only embarrassing, but it almost seems too crazy to be true. Thanks for your help.
