- Report: #361044
Complaint Review: Mycashnow.com - Nationwide
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Mycashnow.com
www.mycashnow.com Nationwide, U.S.A.
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Mycashnow.com Don't Use Their Pay Day Loans They Are Loan Sharks!!! Loan sharks who prey on poor people Internet
This company is a rip they give you 300 payday loan then they charge you to extend the loan something like 99 percent. So by the time your done with the three hundred dollor loan you have paid them 4 times the amount or more. These places need to be shut down!! With the economy the way it is they prey on poor people!! If you need a loan don't go to them they will eat you alive with their fees!
Kenneth w
Burton, Michigan
U.S.A.
Kenneth w
Burton, Michigan
U.S.A.
1 Updates & Rebuttals
justme
Chickasha,Oklahoma,
USA
mycashnow
#2Consumer Comment
Tue, October 06, 2009
You have not been ripped off by payday loans, you just didn't read the rules. I have done business with payday loan companies in person and with mycashnow online. The secret, pay when the loan is due. It's that simple. They spell it out for you. I have been so0 into them that it took me a year to get out from under the in person business. In fact 2 of them. They went right by the book. Again, just pay when it's due or pay the extra interest. As long as the government allows them to charge out rageous interest and we use them they hold all the cards. If you can't afford to pay it back don't borrow it. Yes the interest rates are higher on line and they get you with 50% off on the first loan, after that's it's through the roof. They didn't rip you off, you just thought you wouldn't have to pay your loan back or if you did when you got ready too. At first I thought the same way but when I really thought about it, I had no one to blame but myself, so put the blame where it belongs. Everything you are complaining about was in the contract. They have legal standing.
