Complaint information
  • Author: Blinded
  • Date: 05.10.2013
  • 0
 (Votes #: 0)

Cash Yes - Complaints / Reviews / Scam Reports
Sad Situation

This is a Complaint / Review about Cash Yes.

I called to obtain a small loan to get some business handling a couple days before I got paid. I called this company after googling "loans". I did the application online and was instructed to call in. I didn't receive the real amount nor the way that the loan really works. I was told that a $650 loan after fees and interest would be $800 in total. Not $197 every two weeks when I get paid and it's only to cover interest and fees. This kind of behavior of charging someone $400 a month in fees and interest on a $650 loan should be in federal court. I was given the money on a Friday and two days later they were taking money out of the bank for a payment. WHAT IS THE PURPOSE OF THE INDIAN GIVING? How do you want a payment from someone in less than 72 hours. I was told that if I made payment arrangements on top of the $197 then my payment will decrease. I think $197 should cover something every two weeks. Also, I asked why the pawn shop charges $120 monthly on a loan for that amount and a payday loan walkin establishment does the same. This is USURY!!!!

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Complaint author: Blinded

Offender: Cash Yes

Country: USA
State: All USA

Category: Business & Finance

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