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  • Report:  #960535

Complaint Review: us fast cash - Internet

Reported By:
ralph - COMPTON, California, United States of America
Submitted:
Updated:

us fast cash
Internet, United States of America
Phone:
8004208171
Web:
www.usfastcash.com
Categories:
Tell us has your experience with this business or person been good? What's this?
i called this company for help I need it cash and they let me borrow $500.00 I paid $650.00 already thinking I was done paying but no that was only the interest on the loan they have been harrasing me at work I called and asked for the bus lic number and they did not want to give to me .

When I tried to go back into my account and print a copy of my "contract" the account was block and know they are charging besides the $650.00 that I paid $585.00 more and that amount is if I pay in full otherwise it will be more. How can they take advantage of my needs . I hope this can help others before they get this company 


2 Updates & Rebuttals

HGIT

Dallas,
Texas,
United States of America
File a Complaint with your State's Attorney General, the BBB and the CFPB

#2General Comment

Fri, October 26, 2012

If I was you I would take a moment to file a complaint with the BBB, Your state's Attorney General and the Consumer Financial Protection Bureau. All three of these organizations send a letter to the business. All three are very powerful, ESPECIALLY the CFPB. You can file your complaint online with all of them. It is very easy.

These quick cash places are set up to be PREDATORY. I actually believe it is in their business model.

Good Luck.


wefwefewf

mesa,
Arizona,
United States of America
Risk

#3General Comment

Fri, October 26, 2012

They charge so much because they have to.  Most of the people that companies like this lend to have bad credit, which means that they have not paid back other lenders or they had to be hounded by collectors before they would pay.  Loaning money to people who often don't repay is risky and expensive because the company has to hire collectors to try to get repaid.  So to loan to risky people, knowing that some will not pay them back, and still make money, they have to charge high interest rates.  If they didn't charge high rates they would not be in business, and wouldn't be there to lend you money when you had to have it. 

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