Nikki
Parker,#2Consumer Comment
Tue, June 30, 2009
No matter how you slice it- advance fee lending is illegal. No one else charges a fee for supposedly verifying information. See- I am smart, I ready everything- and I STOPPED when I saw that I would be charged $80 for a $200 loan! It's a rip off. NO THANKS! A late fee on my house is cheaper
Nikki
Parker,#3Consumer Comment
Tue, June 30, 2009
No matter how you slice it- advance fee lending is illegal. No one else charges a fee for supposedly verifying information. See- I am smart, I ready everything- and I STOPPED when I saw that I would be charged $80 for a $200 loan! It's a rip off. NO THANKS! A late fee on my house is cheaper
Nikki
Parker,#4Consumer Comment
Tue, June 30, 2009
No matter how you slice it- advance fee lending is illegal. No one else charges a fee for supposedly verifying information. See- I am smart, I ready everything- and I STOPPED when I saw that I would be charged $80 for a $200 loan! It's a rip off. NO THANKS! A late fee on my house is cheaper
Nikki
Parker,#5Consumer Comment
Tue, June 30, 2009
No matter how you slice it- advance fee lending is illegal. No one else charges a fee for supposedly verifying information. See- I am smart, I ready everything- and I STOPPED when I saw that I would be charged $80 for a $200 loan! It's a rip off. NO THANKS! A late fee on my house is cheaper
Don
Columbia,#6UPDATE Employee
Fri, March 10, 2006
1. There is a notice for the application fee on the last page of the application process. It is in large text and in plain view. See here: https://www.200cash.com/secure/new_check.asp 2. The courts understand that ?application fee? means a fee to apply and, like other industries, is non-refundable and is used by the company to offset application and credit / employment verification. Payment of this fee has no bearing on whether or not the applicant is ultimately approved and funded. (Many of us remember paying an app fee for an apartment rental app for example. This fee is never refunded if they don't approve you) 3. The website allows the applicant to simply leave at any point and avoid the app fee charge. 4. The ?approval? notice is conditional. The text says ?approved pending verification of your information?. This allows them a chance to verify the information submitted before making the loan. 5. The approval (pending) notice comes AFTER pushing the submit button UNDER the app fee notice text, not before. 6. 200CASH.COM, INC. is licensed in the State of Delaware as a Small Loan Agency. License number: 2003102706. This can be confirmed by contacting the State of Delaware, Division of Revenue. (We are not a ?Bank? or ?Financial Institution?, we are a ?Small Loan Agency?.) Don - Columbia, Maryland U.S.A.