200cash
Ripoff After they took my $19 application fee, never heard from them again

It was all rather deceptive. I entered all of my information online. It wasn't until after I had all of my information submitted that I was aware of a $19 application processing fee. Here's the exact wording

I authorize 200Cash.com, Inc. To immediately deposit $200 into my checking account and to withdraw from the same checking account $200 plus the $60 fee on the date specified above. I understand that there is a $19.00, one-time only, non-refundable application fee, payable on the submission of this application and I also understand that I will be charged a $25 fee if the check is returned for Non-Sufficient Funds.

They place the emphasis on the "immediate deposit of $200" (which I never got). When your in need of money the $19 processing fee doesn't seem that unrealistic when you assume that they will be "immediately depositing $200" into your account.

I agreed to the terms assuming that I was going to get a loan, but I never received a loan. When I had no response from them by the next day, and no deposit of $200 to my account, I email them to ask where my funds were. I got the following response at 7pm that evening.

We have received your application for a new Payday Loan account with us, and are in the process of reviewing your information. A copy of your electronic agreements and application have been automatically forwarded to your bank as the required Proof of Authorization. The Application Fee ($19.00) will appear on your bank statement under 200CASH.com, INC.

Referring website: Anderson Payday Loans All agreements apply and are hereby assigned to 200CASH.com, INC.
In the event you are approved, you will receive a Notice of Approval indicating your due date, procedure for extensions if needed, and contact information for your assigned Account Manager.
Thank you for applying.
Account Management Team
200CASH.com, INC.
DBA Anderson Payday Loans

When I had checked with my bank, they had already withdrawn the $19 processing fee from my account and never deposited the $200. I have had no response from them since, no status of my loan, just nothing, and it has been almost a week. I know that this is just a rip off to take application fees and disperse no loan.
I did check with the BBB and they are listed and, of course, with complaints. Below is the BBB url address for this company's listingcheck it out yourself. I have also listed the companies address and phone numbers as listed on the BBB website. I hope this helps for anyone else who is in this same situation. I plan to file a complaint with the BBB, I would hope that the others who were ripped off by this company would do the same.

I also noticed that 200cash.com has not responded to any of the rip off complaints.

Data. BBB.org/scripts/cgiip. Exe/WService=wilmington/wilmington/showrpt.html? Zid=ESGpGhIoKf

200 CASH.com
110 W. NINTH STREET #581
WILMINGTON, DE 19801
Principal: Don Beyer, Customer Relations
Phone Number: 888-814-4290
Fax Number: 888-814-4290
Type of Business: Advance Fee Brokers
Additional Business Names:
200Cash.com, inc
200cash.com

Kelly
pennsylvania, Pennsylvania
U.S.A.

Company: 200cash
Country: USA
State: Delaware
City: Wilmington
Address: 110 W. NINTH STREET #581
Phone: 8888144290

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