I applied for a loan thru Cash Call, Michael called me today @ 2:40 stating I was approved for $2600 loan at 85% interest and they were asking for monthly payments of $199.00. I told him it appears to be too high and ask if I could call him back went I get home to crunch the $. I thought about it and tried to call him back but the phone did not connect me to him. I left a message in the general mailbox informing them this is too high of an interest rate for me and I need to decline my application.
Later I received an email stating they decline me due to my credit. This seems very odd for any company to ask for a high interest rate then pawn you off as application decline. This company does not appear to be a credit friendly company as they claim on TV good or bad credit you will be approved and I have exceptional credit standings. I have reported this matter to the FTC. Gov for review.
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