Recently there has been a hidden "identity theft protection company" hiding in the internet payday loan applications. When the money is deposited into your account you are hit with a membership fee to this company. They will continue to take a fee every month unless you cancel. When you cancel they refuse to refund the initial fee of around 35.00. So when your loan for, lets say, 200.00 is due and you pay the 260.00 or so. You really only got a 165.00 loan! What if you had to come up with 200.00 to cover a check. Now you are really screwed. You have to file a fraud claim with the bank that takes weeks and you might not win if you signed electronically and did not see the tiny hidden line in the contract. Another reason to steer clear of internet lenders.
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I am sure its in the "fine,fine" print...if even at all! :(
Good post Frog!
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I was hit with something like that but for a larger amount...my bank did refund me...but they said read the fine print which is hard since they do not put in bold print or in neon lights....thanks for the reminder!!!
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I got scammed twice by these people after Christmas when I was trying to get an IPDL. The first company debited my checking account for $37.00. When I saw the unauthorized charge and knew I didn't make it, I hunted them down and called them to have it credited back and asked how they got my private info in the first place. They told me I had signed on as a subscriber to their program for ID theft. How ironic is that??? Scammers selling ID Theft packages. I hit a dead end with the so called Manager and my bank credited the money. Two weeks later another charge for $149.00 was debited. The company is called Access2 Benefits, or something like that...when I tracked down the contact person, found out he is out of Clearwater FL and said I would have to submit a complaint form and it would take 30 days for my acct. to be credited. The bank stopped payment but I was charged $35.00....shortly afterwards the bank closed my acct....a blessing in disguise.
So yes...these predators will stop at nothing to wreak havoc and ruin innocent unsuspecting people.
If you fill out a PDL application, you will be taking additional risk because if they have your private banking info...you're at their mercy!
Sad but true...
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OPPS...sorry, I didn't mean to submit this 3 times, I didn't think it posted! :? :?
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'Access to Benefits?'..is this the name of the PDL? I haven't seen that name 'pop-up' anywhere ( on ads on my PC), but, I'll be looking for them. Thanks.
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My Access 2 Benefits appears on my bank statement as , MYACCESS, 800-418-0776. They took 149.00 out it was stopped. The other one is "www.idprosup.com", 31.98, and "www.pdssup.com", 6.98, I believe these 2 are the same. Both claim to be ID Theft protection companies and said I authorized them to debit my account when I signed up for their "membership subscription". Hogwash! They are both BOGUS SCAMMERS!!!
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I am soooo done with Internet loans, my gosh did I ever learn a hard lesson. I am still paying off a store front after I asked for the epp, but two more payments and I vow to be done 4-ever with pdl's. I've said it before but this time I mean it. I hope! :?
Anyway, this is good information to know. Thanks for posting it.
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I am not surprised by the people who have been victims of this on here. It is becoming more and more widespread it seems.
Article-When the Debt Collector Calls
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We ALL have learned a lesson. If the people, on this forum, din't want to try and handle their issues, with PDL's, they wouldn't be here. Congrats to everyone, who are trying to solve your issues, on your own!! I know it's not easy. 'Been there-done that."
Amen to that...I immediately felt at home here because I wasn't judged for making monumental mistakes and unwise decisions. I was embraced by people who have been in the same situation and can offer sage advice on how to conquer the demons and find a peace of mind while taking steps to find financial independence.
Sometimes, we can't always learn from our own mistakes but will listen to other people in the same boat and see the light! :wink:
I have...and I'm sleeping much better! :)
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