CashNetUSA Customer Review

  • Outrageous Fees and Interest.

    1.5
    By
    Annette D
    Date
    3/11/2021
    From
    Maryland
    Since
    2009

    The want you to think they help hardworking people, but what they do is take advantage. They will charge $750 in fees on a $1000 loan in THREE months. Their interest rates are NOT low. This is the worst company to get any kind of loan from
    Cashnetusa is an example of what is wrong with America - Corporate GREED. For a $1000 loan that I took out in December, they have charged me over $700 in fees and interest. I have made three payments of over $250 since December 2020 and not one cent went towards my balance. I still owe $1008. This virus and pandemic has crushed many people’s lives. I am no different. Yet corporations like Cashnetusa don’t care. As long as it is money in their pockets, people like me don’t matter. I have reached out to customer service for answers, a solution and just help and understanding. I have received NOTHING. I was even told by customer service that my next payment will not be $250 but $300. This is a company that takes advantage of people who can least afford it. $700 in fees is obscene and heartbreaking. I cry every time I think about it. I will discourage anyone I can to NOT use this company. They don’t care about the American people. It’s just about the money they can put in their pockets.

    I reached out to Customer Service with no results. The problem is that you have charged me over $700 worth of fees in three month on a $1000 loan. I have made 3 payments of $250 for three months and there was NO CHANGE in my balance. Customer Service also told me my payment will go up this month. How is this helping people during this difficult time? I isn't I want to see a reduction in my balance so I can pay this loan off. This is so difficult for me and extremely upsetting.

    During this time when we are all suffering because of this pandemic, CashnetUSA has not compassion or understanding. People like me who are suffering financially yet you keep piling on the interest every day putting me deeper and deeper in a hole. You don’t care about suffering. I will Not EVER borrow money from this awful company! Yet is ridiculous the way you pile on the interest making it impossible for someone like me to catch up and pay down the debt. I took a cash advance for $1000 in December. Since then I have made three payments of over $250 and my balance is still $108. No money has gone to paying down the $1000. This is ridiculous. I will NEVER do business with CashnetUSA again as soon as I pay this money off. I am literally in tears about this. During this time people’s finances are strained, you don’t care. It is all about GREED. I wish I had never done business with you at all. I have been with Cashnet since 2009, yet you make no allowances. I will discourage anyone, as many people as I can, from using CashnetUSA. Shame on you! As I said, I am literally in tears about this. It is upsetting and depressing.

    1 Service
    1 Cost
    3 Timing
    1 Use Again

CashNetUSA Ratings

3.1 Service
2.8 cost
3.4 timing
3.1 use again