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ANOTHER Cash Call type loan..BEWARE!!

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sdchargers_63

Joined: 13 Aug 2007
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Posts: 714

79 Magic Points

Subject: ANOTHER Cash Call type loan..BEWARE!!

Mon Sep 03, 2007 4:29 am

Wanted to warn ya'll!!........there are commercials, on a place called, 'Quick Money Loan'. They have recently been advertising in the state I live in. I live in PA. They sound VERY SIMILIAR to the 'cash Call ads. According to this add, " even if you have bad credit, you can barrow up to $10,000. " The commercial wasn't very long, but, I DID notice the % rate(s). 70%-90%!! OMG!!! How horrible!! Anyway..wanted to let people know about this.

cajunbulldog

Joined: 30 Aug 2007
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Posts: 37
Location: Louisiana

0 Magic Points

Mon Sep 03, 2007 11:04 am

Figures,knock one out and two replace it! Shocked

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Cajunbulldog
Keeping an eye out for consumers.

goodnatured

Joined: 03 Nov 2007
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Posts: 2591

4313 Magic Points

Sat Nov 03, 2007 1:12 pm

oh god this is terrible, another predatory lender. Hope folks read the fine print. They should be illegal.

sdchargers_63

Joined: 13 Aug 2007
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Posts: 714

79 Magic Points

Subject: loans

Sun Nov 04, 2007 3:44 am

yep....all of this should be illegal!! But....some banks DO 'back-up' companies, like these. Hopefully people will stay away from places like these.

goodnatured

Joined: 03 Nov 2007
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Posts: 2591

4313 Magic Points

Sun Nov 04, 2007 12:53 pm

If we get the word out there maybe a few on here will anyway. You would think the government would step in and do some regualting on these lenders? How has this area gone untouched for so long?

sdchargers_63

Joined: 13 Aug 2007
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Posts: 714

79 Magic Points

Subject: loans

Sun Nov 04, 2007 3:40 pm

yep........these can be horrible!! These kinds of places can get you into MORE debt..paying all of those high % fees, etc. YEP...I say it again.....stay away from from these kinds of loans!!

Guest

Sun Nov 04, 2007 11:43 pm

I know sometimes people feel they are a way out of debt because the can get more than the average payday loan, maybe they use it to pay off a few small ones, that was a mistake I made. I will get rid of it here by the end of the year.

Guest

Sun Nov 04, 2007 11:44 pm

Guest

Sun Nov 04, 2007 11:49 pm

This is where they make their biggest mistakes because the payday loans are short term and these guys have higher intrest and longer time periods of paying it off. They are really outrageous.

goodnatured

Joined: 03 Nov 2007
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Posts: 2591

4313 Magic Points

Sun Nov 04, 2007 11:52 pm

When it comes down to it they are worse than payday lenders, they really rob a person with the long period of paying it back and your right the intrest is through the roof. Hopefully, one person will learn from the forum and not fall for the gimmick that they try to sell to people.

sdchargers_63

Joined: 13 Aug 2007
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Posts: 714

79 Magic Points

Subject: pdl

Wed Nov 07, 2007 8:44 am

You may think you got a 'good deal', because someone took a chance on you ( ie..PDL's), but, as you said, Goodnatured, the HIGH % is what kills ya!! I've learned alot from this forum, myself!!

Laura

Joined: 21 Jun 2007
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Posts: 1409

34314 Magic Points

Wed Nov 07, 2007 9:54 am

Yes thats true. Wendy has faced a lot with CashCall. How is it going with them now Wendy?

goodnatured

Joined: 03 Nov 2007
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Posts: 2591

4313 Magic Points

Wed Nov 07, 2007 11:25 am

Wendy, please share your experience with this company. Is it posted here somewhere, I looked and could not find it anywhere?

Laura

Joined: 21 Jun 2007
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Posts: 1409

34314 Magic Points

Thu Nov 08, 2007 6:10 am

You can try a search on cash call.

http://www.creditmagic.org/repair/about3943.html
http://www.creditmagic.org/paydayloan/affect-score-cashcall.html

These might help. Wendy was there any other thread where you posted for cash call?
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Regards,
Laura.

Laura

Joined: 21 Jun 2007
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Posts: 1409

34314 Magic Points

Thu Nov 08, 2007 6:20 am

Ah I forgot to mention sdchargers is WENDY Very Happy

. Sorry I think this is why you could not find the threads.
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Regards,
Laura.

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