Cash Cure Ripoff
I applied for a payday loan in November of 2011, and was approved by Cash Cure. I've only ever had one payday loan once before, because like a few months back, I was having a really hard time with some unexpected bills. After paying on the loan for two months ($132 every two weeks), I began to notice that my balance never changed. When I emailed I got a reply with a supposed copy of my agreement that now said the interest was 600%! When I got my tax refund I called to tell them that I wanted to pay the balance off, but the man I talked to said a payment had already been processed (two days ahead of schedule), and I'd have to wait. During all this time I changed banks, and had to update my payment info. So I got charged "insufficient funds" for a payment that they tried to draft from a closed bank account. I faxed my new info in, so that the payment could still be processed , but the payment was never drafted. Now after phone calls, emails, and another fax with my payment info, I've been turned over to a collection agency "for debt default" after I've notified Cash Cure multiple times of a bank account change, and the balance has went from a $500 loan to over $800! This place is nothing more than a scam. Do not deal with Cash Cure!
Rochester, New York
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