VIP cash
Date: Fri, 06/15/2012 - 18:42
Hi, so I took out a cash advance loan with VIP cash for $200, and they kept charging my bank account every 2 weeks $50! I told them a while back that I wanted to pay my balance and be done, and the representative even said that it was set to do so. So I reversed the last 4 payments and closed my bank account, and that sure pissed them off . They called me and threatened me with all sorts of actions, and claimed I owed them over $460. I told them that not only did I pay the loan, but the interest and a lot more as well. They also claimed that I never called to request to pay off the loan. I told them I am not paying them another dime, and they said that they would only be willing to settle for $350. What are my options, because I really do not feel I owe them a penny!
Is your lender licensed in your state? You owe principal only if
Is your lender licensed in your state? You owe principal only if they are not licensed in Louisiana. Contact with Louisiana Office of Financial Institutions to get confirmation about their legality
