Thursday 29th of November 2018 07:18:24 PM
I took out a $200 loan from One Click Cash on 6/7/2010. The payback amount agreed upon is $320, which will be debited from my checking account every two weeks for total of 5 times (4 X $60 and 1 X $80), but so far they have already taken $475 from my bank account and said will take another $125 more. Here are the details of the electronic debits they have taken out from my account: 6/25/10 for $60; 7/9/10 for $60; 7/23/10 for $60; 8/6/10, they tried to withdraw $60, but was unsuccessful due to my account was overdrawn so it was returned by the bank. On 8/11/10 for $90 ($60 plus $30 fee for the returned payment on 8/6/10). On 8/20/10 for $110 (2 debits for $50 and $60). On 9/3/10 for $95 (there are 2 debits for $50 and $45, which I have no idea what that was for). I never authorized them to keep debiting my checking account. When I called One Click Cash today at 1-800-230-3266, the representative told me that there is still a balance of $220 on my account, and since we put a stop payment on the $95 debit, they tried to withdraw today, they will take that amount again from my account on Thursday 9/9/10, plus 2 X $30 fees for the returned payments. And even after that they said we still owe them another $225, which they will take out from our account in another 2 weeks from now. They said all those charges are for the loan service fees that they are going to keep taking out from my account. So far they have already debited $475 from my account and will take another $225 for the total amount of $700! $700 payback amount for the $200 loan is beyond ridiculous! I have never agreed to pay back such amount! That is a rip-off! According to them all those outrageous fees are due because when I first got the loan, I didn't request for a payment arrangement that has to be set up online through their website. They said on 6/4/10, they emailed me the username and password to login on the account so I can arrange the payment arrangement to avoid being charged all those service fees. I didn't know that I have to login to the account to arrange a payment option. When I read the email, it didn't even mention that I have to set up the payment options online, otherwise, I will be charged all those outrageous fees. My account is already almost $400 overdrafted and I was charged overdraft fees (2 x $30) by my bank for the debits they withdrawn which were unaccounted for. Currently, my account is almost $400 overdrawn, and today they are trying to debit another $95 from my checking account. The transaction is still pending as of today on the checking account, so I called the bank to put stop payment on the 2 debits ($45 and $50) that they were going to take out today. The bank charged $25 fee for the stop payment.