CashNetUSA.com
Complaint 321879 Details

I submitted a loan application online for a small loan. Got a call from a foreign man by the name of Sam Wilson stating he was a loan officer and I was approved for a loan. He asked if I was still looking for a loan and I stated that I was. So he then went on to ask how much. I stated $500. He then replied with ma am my company has approved you for 10,000 dollars the least I could do is 1,500. I said Ok when do I have to pay it back and he said ma am it will be monthly can you afford $209.98? I agreed and stated yes. He then placed me on hold. I waited for about 10 minutes and when he returned to the line asked if I was still banking with my banks name. I said yes he then proceeded to read me my account number. It never once crossed my mind that this could be a scam. I have never had an issue like this before or aware of any scams in this form. So he then told me to go to a 711 or a valero's and get a moneypak card and I needed to show my first payment of $209.98. So I agreed thought it was reasonable bought the moneypak and gave him the information. He then placed me on hold and said "Ok good." He then started to go over the policy and terms saying I had either 6 or 12 months to pay the loan back and I agreed to 6 months. He then stated ma am since your located in Texas they charge a small fee of $95.00 to place the money into your checking account but not to worry because I would be refunded. So I went back to the store and bought another moneypak and gave him the information.He placed me on hold, came back to the line and said Ok let me verify your back account routing number and account number so I listened and thought I was going to get the money. Well he then says let me give your folder to the processing center so they can process the loan and I will call you in 10 to 15 minutes. So I said OK. So I patiently wait and it still hasn't crossed my mind that this could be a scam. So he calls back and says miss since your credit is low you need to purchase an insurance policy on the loan so if I was to get hurt or loose my job the insurance would pay the loan for me. So at this time I'm very upset and say you had to of known what my score was before you approved me so why didn't you tell me this all in the beginning and I would have never agreed to get the loan. He said you just have to purchase the insurance and you will get the money in 10 min. At this time I'm crying because I know have no money. Mr. Wilson then proceeded to tell me don't cry it will be ok. I said how much do I need now? He tells me $500. I tell he's out of his d*mn mind and to just give me my money back. He says miss your money is right here you will get it back once you pay the $500. I reply with okay and where do you want me to get this $500? He says I will give you a few hours and I will call you back. He calls back I'm still crying and begging for my money back. He says miss I cant were already too far I cant give you your money back. I said okay cancel the loan and he says well you need to pay the cancellation fee of $190.00 I told him to take it out of the money he already had and give me the rest back. He told me his business rules wouldn't allow that and he could loose his job. So now he calls me everyday asking if I have the $500 and I tell him he has $692.90 of my money that he can just return to me and he tells me he cant and hangs up. I have all my receipts and I called him back to tell him I was reporting him for fraud and he replied with my company is legal here is my company number we can't get in trouble. I just want my money back. Thats all I want.