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200 Cash Com

Submitted by mycandykiss on Wed, 03/05/2008 - 19:36
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I was debited $19 by this company for an application fee. I swear I never went to their website. My bank returned the $19 NSF and now they have hit me for $44 ($19 plus $25 NSF fee) I have sent this fraudulent company several emails and also notified my bank, Bank of America, who treated me like a criminal. The bank rep seemed to have no sympathy for me and kept stating that I must have applied with them at some point. I told her that they obtained my information through other online business and have never applied for anything with them. They (200 Cash Com)have numerous unanswered complaints with the BBB and they do not care. They charge thousands of people $19 and never give any loans. I am so mad at BOA. She would not even refund my $44 during the investigation. Is that legal?


Did they take the money out diredctly from your acount, or through your debit card? I know it sonds like a weird question, but it helps to determine which form the bank needs to use in processing your fraud request. If it was directly from your account, tell the bank you had an unauthorized ACH. If it was from your debit card, tell them it was an unauthorized debit card transaction. Either way, they have to take your claim. THey usually do not reverse any of their own OD fees until they verify that the transaction was not done by you. Then, you should get your $19 plus any fees incured back. Also, did you talk to a real person at a branch, or call their 800#? The branch people are much nicer, and will work with you. Especially if you go to the branch where you either opened your account or to the rbanch you normally do your business at. Then they may have more of an emotional connection to you. Let us know how it turns out. Oh...the way to tell how it came out of your account is how it posted on your statement. If it says "visa - 200 cash com", it was with your debit card. If it just said "200cashcom", no visa or MC in front, it was an ACH from your account, and you need to get that reported right away. If the banker is any good, they will also tel you to close that account and get a new one.


Submitted by swedishgirl on Thu, 03/06/2008 - 09:42

swedishgirl

( Posts: 326 | Credits: )


this I think brings up a very good topic for discussion...
are these banks able to research customer's past accounts?
"mycandykiss" previously made post of quote (in Sept 2007).."I had an account in good standing at WAMU but had to close due to PDL's - scared to open an new one there. I have some chex system issues with other banks - where can I open a new account?"
and is now having problems with B of A ..
do they have files and history they share amongst each other? which may be why they treated Candy this way? :shock:


Submitted by socksfullofrocks on Fri, 03/07/2008 - 00:02

socksfullofrocks

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Banks only share info with each other through chexsystems. Most banks don't run credit on you to open an account unless you open it online, or if it's a credit union. And the info they report to chexsystems is only if there was what they consider fraudulent activity on your account, like constant nsf checks, empty envelope deposits at atms, etc. Or if they had to charge-off your account because it was overdrawn more than x amount of days. There is a new way they are kind of communicating now. When a teller processes your deposit and runs the checks you're depositing through their scanner, many banks can now do a hot check to a new system that reports if the check they are depositing is written off of an account that has been reported closed or has many nsf problems. That's new as of a few months ago in many banks. I can't remember what it's called...epd or something like that. I think WaMu does it, and maybe BofA.


Submitted by swedishgirl on Fri, 03/07/2008 - 10:04

swedishgirl

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very good info swedish and thanks!..just thought there might have been hidden agenda as to why candy thought was treated badly.....my bank now reads every deposit cash or check and scans everything deposited..no way fraud can happen..it's all scanned and I get a copy of all transactions!


Submitted by socksfullofrocks on Sun, 03/09/2008 - 03:48

socksfullofrocks

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how do I contact this company? 200cashcom notice debit on my account I'm with credit union of course no one is available today.


Submitted by on Sat, 06/21/2008 - 06:49

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they just took money out of my account


Submitted by on Sat, 07/12/2008 - 11:57

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If this company continually defrauds the public by taking their money and not delivering on the loans, why has no legal action been taken? Has this company been reported to the FTC and the FBI? I would do so immediately and if it happens to me you can bet I will.


Submitted by on Mon, 10/13/2008 - 02:52

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I was done the same way with that loan place to they took $19.00 from me out of my account and came back to took $44.00 out of my credit union they said if I DON'T WON'T them to take nothing out Ihave to stop having the ach loans comung in Ihave to that is good and real that Ilike CASE i need them again i told them to remove 200cash.com they claim i have to remove all of them can they do that to me


Submitted by on Mon, 11/10/2008 - 15:07

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well, i know that i did apply for the loan, but in the instance i think that 200cash shouldn't take the money of$19.00 out unless you are approved for the loan,still wondering if i qualify200 needs to let you know if you qualify whether you do or not,


Submitted by on Mon, 12/15/2008 - 17:29

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This place took $44 from me and $29 from me. did not give me a loan. stole my money fradualantly, which cause me to have to open a different account so they would'nt take any more money from me and now I have to go through the trouble of reporting them to the authorities. DO NOT FALL FOR THIS CASH LOAN PLACE, I FEEL THEY PREY ON PEOPLE IN NEED.


Submitted by on Tue, 01/06/2009 - 07:04

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what do u want me to do


Submitted by on Thu, 03/05/2009 - 11:23

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All you have to do to know what this company is about is to check their grade with better business bureau. It is a F and also if their company was so legit they would at least take their time to put some operators on their phone line. One advise stay away and save the headache. If you do need a loan online check out cash net USA I dont work for them but they are very fair and legit.


Submitted by on Sat, 04/04/2009 - 06:58

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About 2 weeks ago, I went to make a deposit at my bank. I had $650.00 to deposit. I counted the money 3 times. However, when I filled out the checking deposit I wrote $450.00 and sent the $650.00 cash with it. The bank teller did not tell me anything. It wasn't until two days later that I realzed tha I had made a mistake. I am 100% sure that I deposited $650.00, however, I have noway to prove it. Can I still file a claim and have them look at the surveillance cameras?


Submitted by on Thu, 04/09/2009 - 10:49

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dont have printer,please download info to [email]me@pierce1246@yahoo.com[/email] to complete my loan process.
garnishment aggreement please.
thanks H Pierce


Submitted by on Mon, 04/13/2009 - 16:50

( Posts: 202330 | Credits: )


Someone has stolen my identity! I am a student and these ppl are applying for loans in my name which obviously they aren't getting anything bc I have no employment. They also charged me for protected ID MGMNT! I have notified my bank and put in all the right claims plus filed a police report and a ACH claim and notified the credit bureaus to watch my credit. Have I done everything I can? What else can I do? Has this happened to anyone else and have they gotten their money back? I am just worried because my damn bank never told me I would still incur late fees and I flat out refuse to pay those. ADVICE PLEASE HELP! these ppl are scum!!!


Submitted by on Mon, 07/20/2009 - 09:52

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The FTC outlines the handling of Identity Theft

Quote:
Handling identity theft with a bank account is a little different than just dealing with identity theft. The FTC outlines how to deal with these situations. In general, if an identity thief steals your checks or counterfeits checks from your existing bank account, stop payment, close the account, and ask your bank to notify Chexsystems or the check verification service with which it does business.

Dispute any bad checks passed in your name with merchants so they don't start any collections actions against you. That way, retailers can be notified not to accept these checks.

The Fair Credit Reporting Act(FCRA) gives you specific rights when you are, or believe that you are the victim of identity theft.

You have the right to ask that nationwide consumer reporting agencies place a fraud alert in your file to let potential creditors and others know that you may be a victim of identity theft. A fraud alert can make it more difficult for someone to get credit in your name because it tells creditors to follow certain procedures to protect you. It also may delay your ability to obtain credit or a new checking or savings account. You may place a fraud alert in your file by calling just one of the three nationwide consumer reporting agencies. As soon as that agency processes your fraud alert, it will notify the other two, which then also must place fraud alerts in your file.

Equifax: 1-800-525-6285
Experian: 1-888-397-3742
TransUnion: 1-800-680-7289

In addition to the fraud alert with the 3 CRAs above you can put a fraud alert on your chexsystems report or any CRA. For Chexsystems and Scan, they have a special affidavit form you can fill out online.

You have a right to place a "security alert" in your Chexsystems or Scan report, which will warn anyone who receives information from your report that your identity may have been used without your consent.

Recipients of your consumer report are advised, but not required, to verify your identity prior to entering a business relationship.

They will require that you provide a notarized affidavit in order for your alert to remain on file for five years. If they do not receive the notarized affidavit, your alert will remain on file for ninety days. You can print the notarized form online as well and then have it signed by a notary.

The security alert may prevent accounts and services from being approved in your name without your consent. However, you should be aware that taking advantage of this right may delay or interfere with timely approval from any user of your consumer report that you wish to do business with.

If you place a security alert on your consumer report, you have a right to obtain a free copy of your consumer report at the time the security alert expires. Once your security alert has been submitted, all requests to change any information on your security alert must be received in writing and must be accompanied by your Social Security number and password.

For Equifax, Experian, and Transunion, an initial fraud alert stays in your file for at least 90 days. An extended alert stays in your file for seven years. To place either of these alerts, a consumer reporting agency will require you to provide appropriate proof of your identity, which may include your Social Security number. Always file a report with your local, federal or state law enforcement agency (police department). This will serve as back up documentation.

You have the rights to free copies of the information in your file. An initial fraud alert entitles you to a copy of all the information in your file at each of the three nationwide agencies, and an extended alert entitles you to two free file disclosures in a 12-month period following the placing of the alert. These additional disclosures may help you detect signs of fraud, for example, whether fraudulent accounts have been opened in your name or whether someone has reported a change in your address.

Once a year, you also have the right to a free copy of the information in your file at any consumer reporting agency. If you believe it has inaccurate information due to fraud, such as identity theft, you also have the ability to obtain additional free file disclosure under other provisions of the FCRA.

You have the right to obtain documents relating to fraudulent transactions made or accounts opened using your personal information. A creditor or other business must give you copies of applications and other business records relating to transactions and accounts that resulted from the theft of your identity, if you ask for them in writing. A business may ask you for proof of your identity, a police report, and an affidavit before giving you the documents. It also may specify an address for you to send your request. Under certain circumstances, a business can refuse to provide you with these documents.

You have the right to obtain information from a debt collector. If you ask, a debt collector must provide you with certain information about the debts you believe were incurred in your name by an identity thief , such as the name of the creditor and the amount of the debt.

If you believe information in your file results from identity theft, you have the right to ask that a consumer reporting agency block that information from your file (this includes any Check reporting Agencies such as chexsystems) along with Equifax, Experian, and Transunion.

An identity thief may run up bills in your name and not pay them. Information about the unpaid bills may appear on your consumer report. Should you decide to ask a consumer reporting agency to block the reporting of this information, you must identify the information to block, and provide the consumer reporting agency with proof of your identity and the police report if you did file one.

The consumer reporting agency can refuse or cancel your request for a block if, for example, you don't provide the necessary documentation, or where the block results from an error or material misrepresentation of fact made by you. If the agency declines a block, it must notify you. Once a debt resulting from identity theft has been blocked, a person or business with notice of the block may not sell, transfer, or place the debt for collection.

You also may prevent businesses from reporting information about you to consumer reporting agencies if you believe the information is a result of identity theft. To do so, you must send your request to the address specified by the business that reports the information to the consumer reporting agency. The business will expect you to identify what information you do not want reported and to provide a police report or any other documentation you have that shows you may have been a victim of identity theft. Documentation includes a police report and any reports made to the FTC. Always file a complaint with the FTC (for any fraud).


Submitted by Mary Adkins Matthews on Mon, 07/20/2009 - 20:26

Mary Adkins Matthews

( Posts: 755 | Credits: )


Q - How does quick pay day loans work?
A - You give us authorization to deposit $100 - $300 payday loans directly into your account, and to collect the loan plus a loan fee on your next payday. Both the deposit and your payment are made electronically using the Federal Automated Clearing House (ACH), also known as "EFT".
Q - What does it cost to get a payday advance loan?
A - For each $100 borrowed, our charges are a low $30 every 2 weeks or part thereof. There is also a $19.00, one-time only, non-refundable application fee, payable upon submission of this application.




they say they will charge you $19.00 and for what rite in there home page


Submitted by on Mon, 08/31/2009 - 21:09

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I have received several of bank statements stating that i owe you all $19 and plus $30 overdraft fees. I have only contacted you all one time and i'm still receiving statements if you all have took your $19 how much more do I owe


Submitted by on Fri, 09/25/2009 - 08:01

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Quote:

Originally Posted by Anonymous
I have received several of bank statements stating that i owe you all $19 and plus $30 overdraft fees. I have only contacted you all one time and i'm still receiving statements if you all have took your $19 how much more do I owe


Hi Regina, you need to contact this company directly, we are not affiliated with them, this is a public forum that offers advice on how to get out of debt.


Submitted by Shazzers on Fri, 09/25/2009 - 17:39

Shazzers

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Here are the steps to follow, to keep these leeches outta your account.

Go to your bank. In person, do not call.

Talk to the branch manager. Not a teller or some such.

Tell the manager you want a 'hard hold' or 'ACH block' put on your account, or for the
account to be put in 'deposit only' status. Do not take 'no' for an answer.

Get something in writing to confirm that the change you requested has been made.

Leave the account open for a while, to make sure nothing else is outstanding. Then close it, and open another at a different bank.


Submitted by unclewulf on Sun, 11/01/2009 - 04:00

unclewulf

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200 cash took money twice from checking account without my authorization. The goverment is giving the license to this company to steal money from people and the gov.know it,and look the other way and do nothing about it.This is a shame that the gov. support this scam.


Submitted by on Sun, 01/17/2010 - 11:33

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I too was taken by 200cash.com-I emailed them amd was told that "someone else is PUTTTING money into my acct. and I shaould call the police!!They are a major scam!! I am so agry that they were able to do this! My abank just told me to close my account and open a new one. Peuce


Submitted by on Thu, 05/06/2010 - 23:55

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I too was taken by 200cash.com-I emailed them amd was told that "someone else is PUTTTING money into my acct. and I shaould call the police!!They are a major scam!! I am so angry that they were able to do this! My abank just told me to close my account and open a new one. Peuce


Submitted by on Thu, 05/06/2010 - 23:56

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