Channel Button

There are 12 articles on this title. You are reading the article ranked and rated #7 by Helium's members.

Personal Finance   >

Personal Loans

When is a personal loan a bad idea?

I for one went to cash call out of desperation. I've thru hell and back with these people, i started by paying on time every month via ach. they took out several pymts when i was not due and overdrew my acct. So i stopped the ach pyts and sent the money via moneygram. i was out sick for 3 weeks and informed them i couldn't pay until i went back to work. they harassed me and my references sometimes up to 20 times a day, they informed them i owed money, used very vulgar language. they hang up on you when you call ask you to sell something to get their money.

I've paid back a total of 1200.00 on a 2600.00 dollar and still i get harassed. they sent me a settlement offer, i borrowed the money from a friend and because she sent a personal check it had to clear in the bank. i called cash call and informed them when the check clear i will take the offer.

well the check cleared after the settlement date and i was told the offer was called off. I'm so stressed out about this loan i don't know what to do.

I've contacted the FTC,BBB and onlinebusiness.com. i don't want my check to be garnished. If anyone has had dealings with this company and know how to fight please let me know.

thanks

Learn more about this author, Gwen Carwell.
Contact this writer Click here to send this author comments or questions.


Below are the top articles rated and ranked by Helium members on:

When is a personal loan a bad idea?

  • 1 of 12

    by Marco Angioni II

    There are two types of personal loans that come to mind when discussing the issue of when a personal loan is a bad id... read more

  • 2 of 12

    by David Riel

    A personal loan can be a bad idea in a variety of circumstances. Although it may seem like a good idea at the time, a... read more

  • 3 of 12

    by Tina Groat

    The payday loan industry has generated controversy by giving high interest rate loans to customers who would otherwis... read more

  • 4 of 12

    by Erinmarie

    A personal loan usually involves you being handed a check for a large amount of money. The lender has no way to know... read more

  • 5 of 12

    by Cloudy Serendipity

    When is taking out a personal loan a bad idea? What you should be asking is, when is taking out a personal loan a go... read more

View All Articles on:
When is a personal loan a bad idea?

Add your voice

Know something about When is a personal loan a bad idea??
We want to hear your view. Write_penWrite now!

What do you know about?
  • Tell us! Get published today.
  • Reach millions.
  • Many ways to earn.
Join Helium Today

Already a member? Log in.

Helium Debate

Cast your vote!

Should the federal government offer foreclosure bailout relief for struggling homeowners?

Click for your side. Must be logged in.

102314

Featured Partner

Appleseed

Appleseed, a nonprofit network of 16 public interest justice centers in the United States and Mexico, uncovers and co...more

What is Helium? | User Guide | Community | Link to Helium | Privacy | User agreement | DMCA

Helium, Inc.
200 Brickstone Square Andover, MA 01810 USA