Hydra Fund
Complaint 144600 Details

Submitted request on line for possible payday loans, however never requested any from any company. received $300 deposited into my account that I never authorized. It includes a $90 fee as well. This company is based in New Zealand so it isn't bound by US laws. The trick to there scam is that unlike most payday companies, you have to call them to pay off the loan otherwise they just withdraw the interest payment and keep extenting indefinately thereby keeping a constant drain on your account. If you did not complete the loan contact them to reverse the payment, do not use the funds as that will constitute you agree to the loan. If you use it remember you have to call them to take full payment for it from your account otherwise they will only take the interest payment and continue to extend the loan forever. You MUST call 3 days before the scheduled pay off date to be valid, and since I do not know the time difference between the US and New Zealend I suggest calling 4 to 5 days before. Good Luck and maybe they can be prosecuted by international law courts.