Quick Answer: Consumers report USFastCash.com took excessive payments beyond agreed loan terms, with one borrower paying over $750 for a $250 loan that should have totaled $325. The company reportedly demands additional payments and continues collection calls even after taking more than the original agreement specified.
Date This Problem Happened: February 2, 2011
State You Live in: Connecticut
Race/Ethnicity: Alaska Native
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Total Amount of Fee Paid:
Company Name: USFastCash
Company Address:
Company Telephone Number: 1-800-640-1295
Website of Company: USFastCash.com
Consumer Statement:
I needed some cash to help pay my rent because I was in a financial jam. the amount was $250.00 which they would take the payment back on a bi-week basis from my account, which will be four payments, totaling $325.00. They have taken out over $750.00 from my account I have to closed the account and I am still bambarded with phone calls on a dailey basis. I do have the bank notice of all the payments taken from my account and my agreement with USFast cash. this can be mail if it is needed.
Consumer Action Taken:
I have made a call to them with one of the phone number they have leave on my voice mail. I was told I need to give them another $350.00 to which I told them they have gotten more than the amount I was to pay.
Note:
The website lists no mailing address to send them a notice of this consumer complaint.
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Check the payday laws for your state for both in store and internet. Then see if Fast Cash is legal in your state. If they are not you only have to pay the principle which you have already paid. Thereefore, they owe you the difference you have paid. Also, many online companys are not the actual lender so if the actual lender is off shore you only owe the principle or don’t have to pay it since they are illegal. Also go to http://www.debtconsolidationcare.com/ and look at all the forums on Payday Loans, you will be amazed at your rights!
Check the payday laws for your state for both in store and internet. Then see if Fast Cash is legal in your state. If they are not you only have to pay the principle which you have already paid. Thereefore, they owe you the difference you have paid. Also, many online companys are not the actual lender so if the actual lender is off shore you only owe the principle or don’t have to pay it since they are illegal. Also go to http://www.debtconsolidationcare.com/ and look at all the forums on Payday Loans, you will be amazed at your rights!