I also had taken out a small loan with this company cashnetusa.com. I had paid them 134.00 and my balance did not go down when I called the lady told me it did not go towards what I owed them and it was just for a extension which is Illegal, I than got a statement from them the interest rate was like 300 percent which again is illegal.
I have no problem with paying what I owe them and nothing more and nothing less now I am not going to. They have also threaten me and today tops it off I got a call from a person with a heavy accent who told me they wish the best for my kids which was a treat. I have had to change my bank account information for they where going to take 234.00 out of my account and still not going towards the loan again no clue what the money goes for except for them.
I have a business online and you can not take money out of someones account because you want to with out it going for a payment. This is not a business with a good reputation should not operate. This is not right and if I did this with my company I would be shut down. Collections can not threaten you or your family with jail etc. This is against the law.
I think some payday loans might be ok this was the 1st time I had used one and my last time. I don't have a problem with paying what I owe which after what I have paid them the 134.00 my loan is now 400 and some if it does not go towards the loan than I see them in court for you CAN NOT DO THIS CASHNETUSA we need to file a class action lawsuit against them and no threats and by the way a collection company including them can't call before 8am or after 9pm this is a violation of the FTC and I have been keeping a log on my computer of the calls they make after those times and my advice is everyone needs to maybe a small loan like this might be a big lawsuit. I am not a sue happy person but this is not right. CASHNET FRAUD STAY AWAY from cahnetusa.com total rip off
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