In March I stupidly took out a loan with CashCall. I only asked for $1500.00 but they sent me $5000.00. I know I should have paid the $3500.00 immediately, but as most people would do, I used that money for other bills that were less immediate than the bill I had borrowed it for in the first place. I paid all last year, I figure about $2790.00, and my principal is still over the $5000.00.
I had some additional finacial problems earlier this year and needed pay them one month late. I was told that they would wait to put through EFT and all was well. So I thought. Three days later they debited my account for the $254.63, unfortunately, there wasn't that much money in there. My Credit Union paid the EFT and put my account into the negative. I called my Credit Union and they backed out the charge. I put a permanent stop payment on CashCall as over the next two days, they resubmitted the EFT two times, even though I had spoken to two different representatives. The customer service department threatens and calls me names when I talk to them so I stopped answering my phone if it is a number i don't recognize or a "No Name" call. I get the calls 24/7; some of the messages are computer generated and some are very threatening personal messages. I have not tried to work anything out with them as of yet as I don't need their abuse and I can't pay them the $583.06 they say I am past due.
They are now threatening me with litigation and that is how I ended up here. Are there any class action suits against this company for "loan sharking?"
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