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  • Report:  #276905

Complaint Review: USFastCash - San Diego California

Reported By:
- LA MESA, California,
Submitted:
Updated:

USFastCash
us-fast-cash.com San Diego, California, U.S.A.
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Continues to debit my banking account which is causing me and my family financially. the loan is for 300$. They've taken out 90$ twice in one month(september) now all of a sudden 390$(october). I want some solutions, they have taken a big chunk out of my rent for this month without a notice. Now what i'm I to do.

Jeremy

LA MESA, California

U.S.A.


1 Updates & Rebuttals

Robert

Wallingford,
Connecticut,
U.S.A.
It depends upon when you took out the loan.

#2Consumer Comment

Thu, October 04, 2007

From you description of the debits, it sounds like the loan was auto renewing. The two $90 debits were for loan fees only ($30 per $100 loaned). None of it appears to have been applied to the loan amount of $300. It looks like that for some reason they took out the loan amount $300 plus the fee of $90. What's unusual is that these type of loan companies like to extend these type of loans out as long as possible. They end up collecting more in fees than the original loan amount. If you can get ahold of them, check to make sure that the loan is completely paid off now (it should be). It possible they may try to continue debiting your account. Speak with your bank to see if they can reject any debits coming from them in the future. Good luck.

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