Hi there,
I have a super complaint about this company. I borrowed $5000.00 dollars from them. They said i was good risk I told them that I will pay them off in a month or so. I did not need their loan long, just until our line of credit came through the bank. So they charge me $250.00 per month taken out of my checking account on the 10th of each month. I did not realize at the time that the interest occurred by a daily basic at 59%, but it really didnt care because we were going to pay it off.
Well when it came time to pay it off in a matter of a couple month, the bank made the check out to Cash Call, and the amount of money that showed on my credit report, which was 5200.00 dollars, so i sent them the check and they sent me an email stating that i owed another $150.00 DOLLARS interest fees. I couldn't believe it. I called them and they said i had to pay this amount or their would turn it over to collections and put a mark on my credit report. So my husband and I sent them a money order, they said they had to make sure that it cleared before they reported paid i full. (A money order) you pay cash to get one of those.
So months went by and we needed some extra money and we went to cash call, they would not loan it to me because all of the sudden i had bad credit because i pay things off right away. I told them i was good risk. Well that was not good to them.
So my husband called and they gave him a $2500 loan but changed it the next day and he had $5000.00. We also paid if off in about 3 months and the same story we are no good for another loan because we have bad credit.
The only reason is because they do not make interest on you... So if you have a loan and pay monthly for the 5 years you can triple the amount owed and you will never pay it off unless you refiance or get another loan just to pay them off. They are ripoff and their spoke person is a jerk because he doesn't even need their money at all. So be wise, don't use them borrow from family, a bank, or good loan company.
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