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Cashcall

Tessa of Los Angeles, CA August 8, 2009

I took a loan out with cashcall that they said was for 2600.00 plus a 75.00 processing fee plus 95 % interest. The payments were for 216.00 dollars. I thought it was going to be for two years but they si it was for 43 months and I just was told this month paid off my loan. I paid them 9,678.00 for a 2,500 dollar loan that is outrageous. I was told that is usury and against the law . I hd bad credit from some medical bills that were not paid by my HMO that went BKso I had no other way to get a loan from anyone but them.

I paid perfectly on time every month. Never was able to get a statement of how much was left on my loan. When I called to complain today they told me this month was my last payment. I want some money back.

Kathryn of Seattle, WA July 24, 2009

I needed to borrow some money and made on time payments but got laid off so my payment was late, the interest is so high and when I try to talk to anyone they are not easy to deal with my amount owing is more then I borrowed and I have paid the amount I borrowed, it's horrifying.

Willy of Adelanto, CA July 20, 2009

I had borrowed some money from Cash Call as a short term loan. Originally it was ok and the interest rate amount was expected for a hard money loan. Made several payments on time until I had a change in my employment. I couldn't make their payment amount and then they changed the interest rate on me, which made it even more difficult for me to even pay them. Any payments made went only towards interest. Very little if any went towards the principle. Now they constantly call me using 4 to 5 different phone numbers even after having talked to them. I get 4 to 5 calls within a 5 minute time frame 4 to 6 times a day. I have at times been called hourly on weekends from 8 am until late at night from these numbers.

Theresa of Lompoc, CA July 10, 2009

I have been paying cash call for the last 2 years, for a 2500.00 loan. The balance does not seem to go lower. Their interest rate is outrageuos. They are taking advantage of the consumer. I thought there was a law about such high interest rates.

Herlena of Oakland, CA June 30, 2009

I lost my job called to settle was told that they are filing suit against me I took out a 2500 dollar loan and now currently owe 5259.00 i called in April to ask if there was a way to settle for a reasonable amount and was advised that they already filed suit and that I will still have to go to court in regards to the case. Instead of finding out what they can do to assist me Mr. Lewis attempted to get me to make a payment something I couldnt do as I am now receiving unemployment benefits. I really want to do the right thing and settle for a reasonable amount and these people dont want to settle with me.

Paul of Philadelphia, PA June 19, 2009

I've used Cash Call on three occasions. I read the loan documents carefully and fully understood the terms of my loans. I paid them off far sooner than the scheduled date to avoid the high interest rates. I'm astonished that so many people would take a loan without reading the documents and asking questions. Each loan rep that I've dealt with at Cash Call fully disclosed everything. Cash Call is good for very short term loans when you are sure that you will be able to pay the principle. Do not use this service for long term loans.

Rasaunda of perris, CA June 18, 2009

I had a loan with cash call and I paid 215.00 a month and only 6.00 dollars went to the loan with each payment I made and the rest was interest. The loan was difficult to pay back because all the interest.

annamarie of albuquerque, NM June 15, 2009

i pulled out a loan of 2500 . i only asked to borrow 2000 . they would not change the paper work . i called today to get my payoff after a year . i now owe 2700 . its just really sad . i asked about the original loan documents since they sign on line the term wa 42 months 216 a month but i dont think i am getting close to pay off .

rodney of marina del rey, CA June 15, 2009

Personal loan company...A major loan shark here who capitalizes on the poor with charging outrageous interest rates on loans....I'm not even sure of my interest now..They make sure that you NEVER pay the loan off...I applied for a personal loan from Cashcall company on December 1,2005 for the amount of 10 thousand dollars. My monthly payments went from 292.50 to 332.15 a month....I called to find out what my balance is on June 12,2009...My balance due on that loan is now 9,500 and something dollars....I've been paying on this loan for 3 and a half years on a ten thousand dolar loan..And the balance after 3 and a half years is 9500 hundred dollars!

Retha of Lynwood , CA June 10, 2009

Like everyone else I was in a behind on some thinks and I thought that Cash call would be a solution. Well I was dead wrong. The rate is so high you will not be able to EVER pay it off. Then the if you try to pay if off in one payment they get to talking about every payoff fee and late fees. If everyone see this info we have more then enough people to bring a Cash Action suit against them. I will be making 10 percent least and will not be able to make the payment in 2 months.

They say they have programs that can help you , but your payments have to be current in order for them to help you. If your layoff call them and tell them your collecting unemployment checks. The lady told me that I have to send proof and they will stop payments for 6 months. But will the interest keep going. I have paid this loan 2 times over and I wont out.

I'm trying to keep my account current so I call to make payment arrangement. They never told me I would still be responisble for late charge until today.I can no longer pay, I told them today in 2 months will not be able to pay so I wanted them to tell me what's going to happen. The lady could not tell me anything useful.

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