- Report: #1329443
Complaint Review: Cash Central - Internet
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Author Confirmed
Why?
Cash Central
Internet, USA
Web:
cashcentral.com
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Cash Central Did not adhere to payment agreement I thought I was under Internet
I had an outstanding loan of $200 with this company. I was trying to get them on my debt counseling program at the beginning of August. My debt counseling program contacted Cash Central with a proposal and I followed up a few days later with Cash Central. They claimed they never received the fax and took out $127 as repayment for my loan. I kept at my debt counseling company and they told me that Cash Central was on and I would be paying them $25 a month. I set up the repayment date to be August 19th and shortly afterward, I received an e-mail from Cash Central stating that they would take out $27on this date.
I asked my credit counselor if they were actually on board with the program because they were doing an automatic withdrawal on the 19th. She told me that it was up to them to void the ACH. I asked Cash Central to do that and they said that was not neccessary. In lieu of this, I told my credit counseling company not to take out the $25 for the month of August since they were going to do it.
On August 21, I received an e-mail that my Cash Central Agreements were now void. Now to my understanding, my credit counseling program was going to make a payment to Cash Central out of this month's payment. However when I checked my bank account yesterday, Sept. 20th, I found out that I was overdrawn by $65. Cash Central tried taking out $112 from my account with out telling me. I am now in worse of a mess than I was before and I have two payments that are now rejected because of this and my credit rating will suffer.
I would like this matter resolved and I definitely want the ACH revoked with this company. I feel that the practices for collection were unfair because as I understood things, I was on a repayment plan and I had received no warning for the $112 withdrawal. I must say that I will be extremely overjoyed when my association with this company is at an end.
