VIP Loan Shop

I originally posted this in another thread but thought it would be better to start a new one.

I "borrowed" $300 from the VIP Loan Shop over the internet, and have paid $180 in fees so far (two $90 finance fees and a third one will be charged on 9/9) and nothing on the principal, and I live in Washington state. It's the details that are very sketchy, since I never signed anything with them.

What happened was a year ago I applied for a loan through CashNetUSA and was not approved and ended up going through someone else. Around a month ago I applied through them again and was once again denied, however they gave me a list of affiliate lenders who might be able to get me a PDL. I clicked on VIP Loan Shop and was forwarded to their site, where they told me I was preapproved for a $300 loan. I clicked a button that said "Apply for Loan" or something along those lines, and the next page told me that they would contact me for verification in order to complete the loan.

Where it begins to get shady is I never put ANY information into their website, and can only figure that CashNetUSA had forwarded my information to them when I was forwarded to their site. I figured that after I clicked the Apply button I would have a chance to see their offered loan amounts and would put in my information. I was never shown nor agreed to any of their terms, I never was shown nor agreed to any of their finance fees. In fact a few days later I decided that I did not even want or need the loan and I ignored all of the calls from them.

So sure enough suddenly I have $300 deposited in my account, of which I never approved! I go back over the emails that they had sent to me which got lost in the shuffle since they also apparently sold my email address to about 500 different payday loan places. I received an email from them saying they needed both my electronic signature and to talk over the phone to finalize the loan. Then the very next email from them was 8 minutes later and said my SIGNED CONTRACT had now been received by them! I never signed anything, and in fact when I recieved both of those emails I was at work with no access to my email. The next email said even though we had never spoke on the phone, my signature was recieved, and my employment had been verified so I was approved for the loan. The other thing about that is that my employment information was a year old (from CashNetUSA), at a job I wasn't even at anymore! So they were just flat out lying to me on all fronts.

My biggest mistake was not immediately having the bank send the money back. Although I was able to scrape by at that time, I decided to use the money for bills since it was already in my account (which is part of how they get you), and I would pay them back. I have dealt with numerous other companies and never had any issues.

Now I have been hit with over $180 in fees, and have attempted to email them back and am awaiting a response. Reading a lot of these horror stories have scared me and am trying to figure out how to proceed. To recap, I never put any information into their site, I was never shown their terms and fees, I never signed anything, electronic or otherwise, my so-called "verified" employment history is completely inaccurate, and I never finalized the loan over the phone. How is this even legal? I found that even if I pay the loan back in full they will still charge another $90 finance fee, and after reading some of the stories here they might continue to charge my account! I would appreciate any help you guys might have! Sorry for the lengthy post just wanted to give all the details.

-Aaron
[EMAIL="awilsonlwtc@hotmail.com"]awilsonlwtc@hotmail.com[/EMAIL]