Hydra Fund
Complaint 139287 Details

I applied for a payday loan online for $300 and when they called me to tell me terms for loan they said it would be $105 for interest for loan plus more charges if not paid in full by first paycheck. I TOLD THE LADY I HAD NO MORE INTEREST IN THE LOAN AND TO FORGET IT. I WANTED NO LOAN. SHE THEN PROCEEDED TO TELL ME SINCE IT WOULD BE A FIRST TIME WITH THEM SHE COULD LOWER THE FEE TO $75. I INSISTED I DID NOT WANT THE LOAN AND TO CANCEL THE WHOLE THING. THEY STILL PUT MONEY INTO MY ACCOUNT AND ARE NOW TAKING $90 A MONTH. BY THE TIME I RECONCILED MY ACCOUNT I SAW WHAT THEY WERE UP TO. I CONTACTED THE BANK TO STOP THEM FROM ALLOWING THAT COMPANY TO DRAW ON MY ACCOUNT. THE BANK TOLD ME I NEEDED TO CONTACT THE MERCHANT BY WRITTEN LETTER TELLING THEM TO STOP TAKING MONEY. I AM CONTACTING COMPANY BUT MAY NEED TO CHANGE BANKS TO KNOW MY ACCOUNTS ARE SECURE AND ONLY MONEY COMING OUT OF MY ACCOUNT IS ATHORIZED.