I found out about Cash Yes through "We Fix Money.com". Sept. 16, I received a loan for $500. After the fees and finance charges were added to the loan the balance was $575. They told me I could pay the loan off the first payment date or in four payments. I was told that the payments would continue to debit from my checking until the amount I owed ($575) was paid off.
The 1st payment was on Sept 22- $75,2nd on Oct 6- $150,3rd on Oct 20- $150,4th on Nov 3- $150,5th on Nov 17- $200, totaling $725! This is high way robbery. I called them this morning and asked why they debited my account an extra $150. I was told I have a balance due on Dec 1 for $585 to pay the loan off! I asked, "how in the heck do I still owe money when you have taken $725 for a loan with a balance of $575"?
Now what is really pissing me off, the person I spoke to this morning (Nov 19), told me not only did I pay them $725 I still owe them an extra $585. I am outraged! I have never heard of some bull crap like this before. This company has charged me $1310 for a loan for $500.00. I never asked for or got any more money other than $500. I did some research and found that this company is not located in the U.S., it's in Belize. It is an illegal company and is licensed in Belize. I don't know what can be done about this, but I'm definitely not going to give up.
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