Payday loan Scam!

ComplaintsScamsMoney Mutual Payday Loan

Complaint

0
James
Country: United States
Okay, me and my wife needed money fast to pay some stuff off but not a lot of money and we would pay it back in two days anyway. They approved my wife for $600.00 and then a $90.00 fee for the loan so total $690.00 to loan $600.00 so whatever we needed it. (Note: Money was in are account the next day.) So Money Mutual pulled $90.00 from are Account which was the Fee only. So me and my wife said why did they not pull the $690.00? So she called and got a voice mail to leave a message and they will call back ASAP. So they called back the next day and my wife asked them how come you did not pull the full amount? They said you need to call them to do that or they will keep pulling the fee only. My wife said okay and then she lose the women on the phone. This is where the scam comes in. In short, you call them it will be a voice mail they will get back to you then they contact at dumb time in the day like 11:30am when you are at work and days later. They do this so you can't call to say you want to pay it off and they keep charging you the fee of $180.00 a week like you don't have the money to pay back! We now paid $1,400.00 of a $600.00 loan because they don't pick up the phone and call back in reasonable amount of time! So we then when to the bank and put a stop on them from pulling anymore. They add new changes to. now it is $30.00 then $180.00. I don't even know what the $30.00 is for. But now they call me two days after I did that. Funny the money stop's and they call? So the scam is you can't contact them so they just charge you to the poor house in fee's! I am going to BBB then lawyer!

Comments

  • 0
    kee29
    thank u guys for posting because I was sure about to try them I need a loan bad and was considering it. so anyone know of a good place to to get a loan from
  • 0
    ms Graham
    Thanx I was thinking of getting a loan but not now...
  • 0
    feeltheneedtohelp
    I was home today and noticed that Money Mutual commercials were being shown frequently.I found it very interesting that Montel Williams was endorsing such foolishness.the problem arises when so many people are place in difficult situations and find themselves in financial difficulties. Whenever you exchange your personal information including your bank account know that it could be a possibility that it could be a scam.Please investigate the company before you do business with them,continue to get the word out so that the next person will be informed and lastly my prayer is that James and all the others who have been taken advantage of that you are compensated for everything you've lost.
  • 0
    bevg
    Thank u guy's I was just on the phone with them,when I started reading your post I told them I changed my mind .Thank u so much.
  • 0
    Samantha
    I got a reservation card from MM in the mail. Never signed up for it or anything but I was about to use it lol. Clue word was...
  • 0
    chocolate kisses
    Thanl u guys for ur feed back i was about apply.
  • 0
    coco
    Thanks james for your post, you just saved me a major heahache.
  • 0
    coco
    Lol, headache
  • 0
    Janet
    WOE & WOW!!!!!**Here im thinking i could make this loan app.& my money issues would b solved*NOT* im so thankful my HOLY SPIRIT was led to read u guys experiences & comments THANK U ALL SO MUCH for sharing & prompt re-direction may GOD BLESS your every need:-):-)
  • 0
    Mark
    Hey I just want to put a great payday loan out there which is cash taxi there's a flat rate for every $100 you borrow I think it's like $26 or $27 . And they give you like 10 days to pay it back , and there customer service is great . And if you can't repay it all they'll charge you like like the 26 or $27 because they break it up to 2 with draws for your back , but you have to call and let them know so they can work it out for you !!!
  • 0
    Rhondda
    doesn't seem      like borrowing money is a wise decision ill make it somehow and pray on it thanks for the heads up.
  • 0
    pamela
    Wow wow wow, I was going to try them as well. There is no honesty left in this society. You will be forever paying back. Thanks James for the post.
  • 0
    pamela
    Is there a good place to borrow from. Do anyone know
  • 0
    Krock
    Omg...thanks so much for the heads up! I'm in dire need of cash but this is not worth it!! I'm so sorry all of you got messed up with this BS. I'll need to find some other way...dont need added financial trouble!
  • 0
    TONY
    Isn't this fraud? now if i was to do this i bet i would have been charged with fraud.Would currently be serving minimum 10 years in Federal Prison. This chump is getting away with it because he is some what of a superstar that has money. BULLS**T
  • 0
    jennifer
    Thank you guys for the information was just about to apply for a loan and decided to look at the reviews. Thank you for saving me headaches
  • 0
    Ed U Cated
    What I keep wondering is after the first reply to James' account did the  representative stop replying? Then I keep reading on and on and they're are others who have have the same results. Where is the representative now?
  • 0
    navymom
    Thank you for the information.  I also was about to make the biggest mistake of my life.  Praying for all of you that got hurt by these people.  My thanks 10 fold
  • 0
    Tara
    Does anyone no a legit site for a quick payday loan???
  • 0
    Nick
    No pay day loan is good. It's best to borrow from a bank and never online. I did one once and had I to get a lawyer to get them off my back. In certain states online pay day loans are illegal so I won with that

Post a new comment