I was off work with a medical condition and needed help to pay my bills. I saw the Cash Call ad on TV and decided to call, BIG MISTAKE! They rushed me through the application process and when done I felt like I had fallen into a big black hole, that I would never get out of! I borrowed $2000.00 of which they deducted $125.00 for some fee, then the balance was deposited into my checking account. Not once did they tell me what the interest rate would be. They just kept telling me that my monthly payment would be $125.00. After I recieved my completed loan documents via email, I went into shock! It showed that I would have to pay them over $10,000.00 in interest for this loan. It read that you can pay the loan off early to avoid paying the extremely high interest rates! OK. But I just borrowed $2000.00, what makes them think that I am going to be able to pay this off anytime soon? As life would have it, my medical condition got worse (stress related according to my doctor) and I was not able to go back to work for a while. Without an income going into my checking account it quickly became overdrawn (this is the same account that Cash Call will take my monthly payment from). So prior to any payment problems, I called Cash Call requesting that they stop the automatic payment and told them that I would mail the monthly payment in from now on. They agreed and so I mailed my payment in when it was due and within a few days I started getting calls at home/work from a variety of phone numbers and departments within Cash Call. They would call at all hours of the day/night. They threatened to come into my work to serve me papers, they called my boss and told him to inform me to return their calls. Every call was harassing and verbally abusive and all because they kept trying to get a payment from my checking account and it wouldn't go through (each attempt costing me $35.00) I called BofA to see if I could place a stop on Cash Call so that they would not be able to run up more NSF charges on my account. I told BofA that Cash Call had agreed to stop the automatic payments, but haven't. BofA told me that they couldn't do anything about it and that Cash Call would have to stop processing the automatic payments. Seems like they're working together to scam as much money from their customers as they can! I Eventually closed my checking account and filed for bankruptcy. Once you file bankruptcy your creditors are not supposed to call you, but Cash Call still did! Suprisingly it took two weeks before they finally stopped the harassing calls. They need to stop harassing their customers, afterall without us Cash Call wouldn't be in business and their employees would be looking for work elsewhere! Stop financially raping consumers!
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