VIP CASH/QUICK-LOOT

VIP Cash has an unsatisfactory rating record with BBB. Quote:

I filed a fraud claim with my bank for an amount in excess of the $400 loan I received, and got the money back. I also blocked ECH access from VIP/quick-loot, as well as ANY ECH attempts to access my account. However, VIP is relentless with the phone calls - I get at least 8 of them per day. I haven't taken any of these calls. They are not licensed in CA
and they have never provided me with a copy of a signed agreement via mail or email after repeated requests so I have absolutely no documentation. I applied online for this loan and sstupidly faxed them verification of my monthly income and was contacted by phone to say the loan was approved and I would received documentation by the end of the day..I have received NOTHING; if fact, I thought I repaid the loan in full, so did not pursue the matter. They have never contacted me at all - until I filed the claim with my bank and received the amount they took from my account in excess of what they had loaned me via my bank claim. How do I get rid of these people? Jenifer

Jenifer,

Your story almost exactly mirrors mine. Just this morning, I've received 3 e-mails from "Andrew" who will "help me by taking $300.00 off of my loan amount (I only borrowed $300.)" and he has called me 3 times at work. I've finally begun getting my finances under control but this is only because I closed my account. It was getting to the point that I didn't even have money in my account to pay for food. Before this year, I have never done the PDL's. Now I truly wish I never had.

when you closed your CCOUNT WHAT DID THEY DO, TO YOU. DID YOU PAY THE LOAN BACK??

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I used to work for them and they are a bunch of thieves. was fired because I did not bring in enough money. They will bill your account for the entire amount illegally to settle the account. The bosses, especially one of the owners who is a lady by the nickname of "Shine" encourages this practice.Place a permanent stop payment on your account with the bank and NEVER do business with this type of company again. Caver emptor.

Dave

I used to work for them in 2011, once you place a stop payment on the account with your bank, vip will then transfer the account to us internally and we would try to collect. If we failed to collect it would then go to an outside agency. Once it is with an outside agency vip can no longer contact you legally as it is no longer their claim. In onw year and sometimes less, you can go back to vip and obtain a new loan. The whole system is a mess. btw they are now in Henderson, NV

Jennifer,
i used to work for VIP and the only thing effective is to place a stop payment on the account, notify the bank of illegal withdrawels, and do not answer the phone from the ever again. If you do they can then harrass you legally for one year I believe. They wonk't however as it is company policy to only attemp collection for one month. They will go away if you ignore them and stop payments are in place. BTW my area with the co. was collections.