- Report: #305121
Complaint Review: OneClickCash - Internet
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OneClickCash
oneclickcash Internet, U.S.A.
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OneClickCash Unlawful practices Internet
I was out of work for 1 week due to my diabetes and hypertension and other medical problems. I received several email from payday advances and went with Oneclick. I was contacted by the company because I never completed the application process.
-I talked to 5 different reps before I decided to go with through with the pay day loan. I was told by all 5 reps that 90 dollars would be drafted from my account biweekly until the $ 390.00 (90 was suppose to be the interest)the was paid in full.
- Something just didnt feel right so I called on Jan 17th to reverify the info I was given and the rep stated " She saw a payment of $90.00 that would draft out on Jan 18th that would reflect on my balance.
-I still had a unsettling feeling so I called on Jan 29 spoke with a male and he stated I havent even started paying towards my balance of the $390.00. I informed him of my 5 conversations with reps I spoke with before the transaction took place and he stated there were no notations showing I spoke with 5 reps.
_During this conversation I advised the rep that no funds should be from my account and I would mail in 110.00 to payoff the account. He stated he couldnt stop the transaction and he would fax me a form.
-He then went on to say very rudely that he didnt show I spoke with a rep on Jan 17th. I ended the conversation due to my medical condition and called my cousin who is in law school.
-Thus on Jan 30 I called the company back and spoke to yet another rude lady that stated I hadnt paid a dime towards the $390.00 ($90.00 was suppose to be the interest)she stated that the 270.00 that has already drafted was interest!?
By now everyone in my home listening to this conversation or FLOORED.
-If I had known that One click Cash was so Crooked I could have paid them back in FULL the same week I borrowed the $300.00. Pay Day Advance Companies shouldnt be allowed to take advantage of the consumers with such bad practices.
**Thus I have decided to report the company and try to began a Class Action lawsuit.
Crystal
Statesville, North Carolina
U.S.A.
-I talked to 5 different reps before I decided to go with through with the pay day loan. I was told by all 5 reps that 90 dollars would be drafted from my account biweekly until the $ 390.00 (90 was suppose to be the interest)the was paid in full.
- Something just didnt feel right so I called on Jan 17th to reverify the info I was given and the rep stated " She saw a payment of $90.00 that would draft out on Jan 18th that would reflect on my balance.
-I still had a unsettling feeling so I called on Jan 29 spoke with a male and he stated I havent even started paying towards my balance of the $390.00. I informed him of my 5 conversations with reps I spoke with before the transaction took place and he stated there were no notations showing I spoke with 5 reps.
_During this conversation I advised the rep that no funds should be from my account and I would mail in 110.00 to payoff the account. He stated he couldnt stop the transaction and he would fax me a form.
-He then went on to say very rudely that he didnt show I spoke with a rep on Jan 17th. I ended the conversation due to my medical condition and called my cousin who is in law school.
-Thus on Jan 30 I called the company back and spoke to yet another rude lady that stated I hadnt paid a dime towards the $390.00 ($90.00 was suppose to be the interest)she stated that the 270.00 that has already drafted was interest!?
By now everyone in my home listening to this conversation or FLOORED.
-If I had known that One click Cash was so Crooked I could have paid them back in FULL the same week I borrowed the $300.00. Pay Day Advance Companies shouldnt be allowed to take advantage of the consumers with such bad practices.
**Thus I have decided to report the company and try to began a Class Action lawsuit.
Crystal
Statesville, North Carolina
U.S.A.
2 Updates & Rebuttals
Robert
Wallingford,Connecticut,
U.S.A.
Unfortunately you mis-understood.
#2Consumer Comment
Wed, February 27, 2008
This is no rip-off. The only rip-off is not reading and understanding the type of loan you were taking. A payday loan is not an installment loan. You should have read either the web site's FAQ or the loan documentation. These types of loans are meant to be paid off on your next payday period. Hence the name "Payday" loan. The $90 is a loan fee only. It is not interest on the loan. The loan fee is charge each pay period that the original $300 loan remains unpaid. All payday loans are set to automatically renew. Meaning each pay period only the loan fee is debited. None of those funds go towards the original loan amount. After a certain number of renewals, the loan fee plus an addition $50 is debited with the additional $50 being applied towards the loan amount. These types of loans should be paid off as quickly as possible. The borrower has to contact the loan company (by either logging in to their account through the web site, by telephone or FAX) at least three business days before the scheduled debit to inform them what amount to debit if they don't want the loan to auto renew.
Dont Get A Payday Loan....
San Jose,California,
U.S.A.
I got ripped off too...
#3Consumer Comment
Tue, February 26, 2008
I thought I was crazy but you thought you were going to pay a $90 fee also. Look at the following link. I think and the last thread. I hope he is right.... debtconsolidationcare.com/forums/about7956.html
