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200Cash.com

200Cash.com review: Fraud fraud fraud! 265

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Author of the review
12:00 am EDT
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This review was chosen algorithmically as the most valued customer feedback.

Report 200cash.com to the irs http://www.irs.gov/compliance/enforcement/article/0,,id=106778,00.html

200cash.com

http://www.dontannoyme.com/forums/showthread.php?t=1629&page=5&pp=10



I am like the rest of you - I got ripped off but I don't get mad, I get even. This person bragged in an email how they get 55,000 applications in 12 months, multiplied by the $19.00 that's a cool $1,045,000.00.

I wonder if they claim that as income, well I am going to pass this information on to the irs, delaware dept of revenue, md and ca departments of revenue and let them check it out.

Check out their other websites - jackson cash, aka 200cash.com

Lion payday, aka 300cash.com which leads you to steadman financial.

What a bunch of crooks.

Diana butler
[protected]@msn.com

The app fee notice is in several places on our website:

Home page

Faq page

In application path, last page with final authorizations

The applicant can leave at any point before clicking the final submit button and not incur any charges.

2. Our process is heavily automated.in bound authorized application are automatically forwarded to 3rd party employment verification services. Hence our policy of non-refundable application fees. We cannot stop this spending "in 10 minutes" or any other such idea with 3000 in-bound applications per day. Our requirements, policy and terms and conditions are more than fair and appropriate.

3. Ten complaining people that can't or won't read t's and c's before making commitments of work for a lot of other people do not concern us. We receive over 3000 applications per day and fund most of them.

4. Finally, we are not "internet funding corporation"

If you feel it is necessary to continue these communications, please do so through your attorney.

200cash.com, inc.

More 200Cash.com reviews & complaints

265 comments
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Michelle Aguiar
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Jul 27, 2008 8:51 am EDT

I applied for a pay day loan and I exit out of the website before I pressed submit because they charge a 19 dollar fee for applying. They deducted the 19 dollars from my account that had no money in it and then I also suffered a 34 dollar insufficient charge to my account. I ended up paying $54 at a time when I have no money. On top of that, they send you an e-mail before they deduct the fee giving you bogus reasons as to why you were denied the loan. I e-mailed them and told them they made a mistake and I exit out before I pressed submit. They still took the money anyway and caused my account to withdrew. How dare these people take advantage of the poor population like that. Someone need to do something about them.

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Dan Yovan
Myrtle Creek, US
Jan 26, 2011 6:55 pm EST
Verified customer This comment was posted by a verified customer. Learn more

After trying to obtain a payday loan "200cash.com" and it"s affillates have debted my account for $19.00. I have tryed to contat them with no luck. They keep taking these funds time and time again. The site is a scam as they hide behind an automated system both on line and by phone. I have filed a case with the fraud department of my bank and wish to file a class acttion suit against them. If you are interested in joining me in the suit please contact me @ dan_yovan@msn.com or dan_yovan@yahoo.com.

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debi729
Sterling, US
Dec 16, 2010 7:35 pm EST
Verified customer This comment was posted by a verified customer. Learn more

$19 was taken out of my account and I tried calling like they said. Unable to talk to someone@ [protected] or leave message. I ant my money back into my account. I have spoken to better business bureau here in Mass and they said to give them 48 hours. They are going to go after them and so am I. Richard P Place [protected]

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dlleflar
King of Prussia, US
Dec 02, 2009 3:39 pm EST

This company needs to be investigated and closed down. They are supposedly a short term payday loan company but when you apply, they do not grant a loan, do not email you as to the reason, do not have any method of contacting them and charge your bank account $44.00 for app fee and NSF fee. I also had to pay $70.00 to my own bank in fees when they tried to debit $19.00 twice. I have reported them to the Delaware BBB but I'm sure they will not respond to them. This is a SCAM/FRAUD operation. If you try to email them, you get a generic email answer from them - all automated.

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Roger Vergara
Seattle, US
Jun 21, 2010 12:11 pm EDT

I would to say that 200cash.com took out a bank withdrawal from my bank which they said to me about a fee of $19.00 dollars which they said that $260.00 dollars would be wired to my account the next day.I check my account today they took out $44.00 dollars from my account on 6/21/2010. So can i get a check from them or put the money back to my account

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Paula
Derry, US
Apr 16, 2009 2:05 am EDT

I too had $19.00 taken and have not heard one way or the other. When I email them about my status, I get a email back saying the samething. This is what it says " :
status@200cash.com On: Apr 04/15/09 12:06 PM
Dear Applicant,

Thank you for applying with 200CASH.COM, INC.

We endeavor to review all applications within 24 hours, it is impossible to respond to status requests directly given the quick turn-around time of our process.

All applicants will recieve by email either an approval notice which will include direct contact information for your assigned Account Manager, or a declined notice detailing the reason(s) for denial.

Thank you in advance for your patience and for giving us at 200CASH.COMN the opprtunity to assist you with your short-term financial needs.

Regards,

The Account Management Team
200CASH.COM, INC.

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Fulvio
, US
Dec 17, 2008 10:51 am EST

In trying to apply for a Payday advance Loan which already charges you a $19.95 fee to apply and $60 per $200 it was an utter shock that this company 200 Cash.com had the audacity to charge me an application fee when they didn't even attempt to lend me $200 dollars at a ridiculous Rate of Return!

We should gather up all of our complaints retain an attorney and let him/her go to town and slap these guys with a lawsuit they'll never forget.

If you have an interest let me know as I am totally equipped to put this Company 200Cash.com under the bus...

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Kaliushe
, US
Aug 07, 2012 4:43 am EDT

I applied for a loan with this company in July of 2009. Never heard from them. They took out what I believed to be their one time fee. But since than this company has been taking money out of my account on a regular bases, some times once a week but lately every other day. I live week to week and withdraw my money out of the bank on my paydays and this company withdraws money out of my account the day before my payday, and at times every other day which incurs me to not only NSF funds from my bank but this company has the gall to charge me NSF fees also!

I have tried to cancel my A.C.H from my bank but they inform me that it will incur me more money to stop them from pulling more money out of my account. Plus I believe that that gave my bank information to another company as they are now taking money out of my account. By the end of this week I will be not only without any funds in my account, but homeless also.

And when I try to call this phone number they have on their site to get them to cancel this activity all I get is an automated system that does not let you speak to a real person. No matter what time of the day it is. My bank requires a cancellation number but also a name. I am afraid to go to their website again.

I tried to get a loan to fix my truck, and it has cost my more than the amount to repairs done on my truck!

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Shirley
,
Sep 12, 2008 3:38 pm EDT

I was charged a $31.98 debit to my checking account that was initiated by 200cash.com. The money supposedly was for identity theft proection (how ironic) and I called the number that they gave me to call. There is not a live person to speak with and the recording tells you to go to the website www.identitytheft.com to cancel. Once there, no place to do a cancellation. Then 200cash.com kept debiting my account for $19.00 for about 3 days giving me overdraft fees and forcing me to close my account. These people whoever they are need to be stopped and prosecuted. My bank is investigating but I doubt if I get any results. I am out of $140.00 gone to who knows where.

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TerryButler6
, US
Mar 21, 2011 3:05 pm EDT

I filled out an application for a loan giving them all of my bank information. 200 cash.com. Evidently accepted my application and charged me a fee of 22.95 and have been taking it out of my checking account. I have not accepted or signed any agreements for money. Because they are taking money out every month I am being charged for overdrafts. They do not have a contact number. And the company Usloanin1hour.com has verified that I have an application on file. When I asked them about the monies being taken out, their answer was that they do know who is taking the money out. My bank does not know who is taking the money out. How can this be stopped?

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pattys24
, US
Dec 30, 2009 11:14 pm EST

i needed money right away to avoid a nsf on my account took 19.95 for application fee and totally denined my request for a payday loan please in the name of jesus do not use this company for a payday loan they do not give you any thing but another nsf because they got there money but i did not i hope anyone who sees this does not use this company i will be filing a complaint with the better business bureau, 200cash, karma there will be a price to pay for your greed on needy people. watch your back the better business bureau will come a knocking

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stallion
The Dalles, US
Nov 28, 2009 12:46 pm EST

I went on-line to try and get a payday loan for Christmas. I received a text message that I had been approved for a $500 cash loan and all I needed to do was go and claim it. They told me once I got to the website that they needed some of my bank information and the last four digits of my social security # so that they could wire the money to my account. Then without my consent they took money out of my account and sent me to a bogus place to get my money back.

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mmcqswear4
San Antonio, US
Nov 25, 2009 2:41 pm EST

I signed up for a PayDay Loan that I never received and this has charged my bank account 3 times already without my consent. Thank God that BOA has been very accomidating with me in securing my account and not releasing funds to them.

10/19/209
19.00 ACH
OVERDRAFT CHARGE 35.00
10/23/2009
44.00 ACH
OVERDRAFT CHARGE 35.00
11/20/2009
44.00 ACH
OVERDRAFT CHARGE 35.00

BOA has closed my account and will not authorize any charges from this company.

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Michelle Marie
Crandon, US
Sep 01, 2009 7:39 pm EDT

My complaints are many. First, in the state of Wisconsin it is illegal to charge money to give money and that is exactly what they are doing. Now they have the nerve to unauthorize debit my account first $19.00, now they debited it again for $44.00!
I am so upset, I called my bank and told them not to pay them the 44.00, but we know they will come back for probably more and I don't know what to do... They are a fraudulant company who will take your money, not give you moey, unless you have perfect credit! They are getting rich off the poor and needy who need some help. What can we do to stop this company from doing this to so many people? I don't want them debiting my account without my consent and authorization. I never did get the loan either.
Something must be done, Please and fast!
Ms Michelle M Monteau
m2936@yahoo.com

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susannah
monroe twp, US
Jun 05, 2009 10:25 am EDT

I applied for a payday loan with 200cash.com. I never received the money into my account. They have all my personal & financial information. About a week after application, they began taking fees out of my checking acct. My bank was not able to stop the drafts. My account ended up being extreely overdrawn because they constantly were taking money. My bank kept charges overdraft fees too...and eventually closed the account. I attemped by email on several occassions to contact 200cash. I never received any response, even though my emails were marked as urgent. Months have gone by & I just received a call from a collection agency working with 200cash. They have turned my info into the courts & police. The representative told me they issued a warrant for my arrest becuse I frauded them! They say I took money from them and had no intention in paying it back. They say I gave them info for a bank account that had no money & my drafts were returned for insufficient funds. The gentleman was rude to me and threatened me that I would sit in jail and he hoped that I had someone with money to bail me out! I got upset & started to cry a little. He told me it was my own fault & I stole. I attempted to explain to him that I didn't know anything about a loan from 200cash and that is why I didn't put money in the bank to clear the drafts. I also told him that I had, on a number of occassions tried to contact 200cash and got no replies. He called me a liar and told me that they made many calls to me and emails that I ignored...becuase I knew I was guilty.

I don't know what to do. I lost my job 2 months ago due to the economy. I have no money to even attempt paying this when I go to court. And I definately don't feel I should pay a debt that I did not incur. They are totally scamming. I am scared to death that I will be picked up by the police & thrown in jail. PLEASE...what should I do?

Susannah

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Kim Hill
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Jul 08, 2008 11:54 am EDT

DO NOT DO BUSINESS WITH THIS COMPANY! Their website explicitly states that they charge $19 as a one time fee. Do not believe it. I paid this $19 fee earlier in 2008, but when I applied for another loan in July, they charged me another $19. Their whole scam is to charge anyone who applies $19, regardless of whether they grant the loan or not, and regardless of whether you've previously paid the $19.

DO NOT DO BUSINESS WITH THIS COMPANY UNLESS YOU ARE PREPARED TO PAY $19 EACH TIME YOU APPLY IN ADDITION TO THE LOAN FEES!

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cynthia mrowca
Brookfield, US
Mar 03, 2011 4:03 pm EST
Verified customer This comment was posted by a verified customer. Learn more

I THOUGH I WAS APPLYING FOR A LOAN AND THEN 200CASH.COM TOOK NINETEEN DOLLARS OUT OF MY CHECKING ACCOUNT I TRIED TO CALL THEM BUT THEY DO NOT HAVE THE OPTION OF SPEAKING WITH A REAL PERSON ALL I WANT IS MY NINETEEN DOLLARS BACK AND I WILL NEVER DO BUSINESS WITH THEM AGAIN THEY ARE A BUNCH OF SCAM ARTISTS.

CYNTHIA MROWCA

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debbie l nelson
Buffalo, US
Feb 10, 2011 1:14 pm EST

Sent me e-mail informing me that I was able to borrow money and how money can be deposited overnight. After submitted required info on 7th Feb...they charged me $19 dollars for processing fee from checking acct on the 9th. Have not heard from them since. There automated system is sit up that you can't call or send e-mail to inquire anything. What a rip-off!

Stacy Mosley
Stacy Mosley
Clarksvile, US
Jan 17, 2011 5:32 pm EST

I did apply for a loan on line, but did not authorize a $44.00 debit from my checking account. I would like to have my money back please. I pay bills from my checking account, and cant afford this. Now my electric may get cut off because noe I dont have enough money to cover it. This doesnt make any since o be done this way. Please cancel my application and refund my money ASAP.

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warmhart
Palm Bay, US
Dec 22, 2010 4:56 pm EST

these people are rip off frauds taking peoples money with no return. i throught i was getting a 200.00 paydayday loan, they charged my account 19.00 fee and over drawed my account but cant talk to anyone at the number all recordings no human contact. i cant afford this as am on social security so state of delaware needs to take action against this fraud. never recieved any loan from them just disgusting.

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Leslie is mad
Milwaukee, US
Oct 19, 2010 6:00 pm EDT

I applied for a loan with 200cash.com and they charged me a fee for 19.00 dollars. The money wasn't in the account and my bank charged me a overdraft fee with was a total of 50.00 dollars. I then noticed that on my next payday they attemted to take 44.00 dollars out of my account which made my account negative once again. They need to be stopped, and with no way of contacting them how will that be possible.

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aliciaryan916
Rancho Cordova, US
Aug 26, 2010 6:59 pm EDT

I was charged $19.00 to my account which ultimately put my account at -$69.38 which i seriously cant afford. My husband is over seas fighting the war in Afghanistan and we cant afford for our bank account to be overdrawn. I never authorized them to take funds from my account i would like a full refund immediately.

Alicia Moulton

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L Miller45
Bessemer, US
Dec 30, 2009 10:22 am EST

My name Lmiller I applied for a loan but not with 200cash.com with someone else. and some how these people took $19.00 from my account. for know reason i've never got a loan from this company. Now they cause me to have an over draft .and i want it back. I never spoke to anyone from this company and they rip people off.

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N. Gaddis
Lawton, US
Dec 10, 2009 10:07 am EST

I applied for this loan and realized the 19.00 fee after I submitted. I was like okay my fault, but this company 200cash.com withdrew 44 dollars from my account and another 19.00 the following week causing my account to go in the negative twice. I've tried to email them several times and I get the same automated reply and no one live to speak with on the phone.

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rkhumphrey
Tifton, US
Nov 28, 2009 4:26 am EST

NO AUTHORIZATION TO DEBIT MY ACCOUNT AND THEY HAVE DEBITED TWICE TO DATE. NOW MY ACCOUNT IS IN THE NEGATIVE AND I CAN'T CONTACT ANYONE I ONLY GET FAX MACHINE TO ALL NUMBERS LISTED ON SITE.

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michael pack
Lucas, US
Nov 26, 2009 6:16 am EST

200cash.com said ther loan process has no obligation then they turn around and try to take an application fee out of my checking account said I was approved made it look like the fee was built into the advance but didn't deposit the funds wich caused an overdraft to my account. I demand that it be taken care of and that app fee be reimbursed alon g with my overdraft fee

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vivian washington
Memphis, US
Oct 11, 2009 8:35 pm EDT

i was denied the loan however i recieved my bank notice stating 200cash.com web payment have taking 19 dollars processing fee out of my account. i never recieved any notice from them and you cannot talk speak with any representatives. this is a rip off i have learn my lesson. keep your eye open on this company sincerely rip it

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baldbrotha920
Baltimore, US
Sep 16, 2009 1:17 pm EDT

If You Feel Just Like The Rest oF Us That You Beat Out Of Your Time And Money Then Make iT Known To Your Local Better Business Bereau. I Have Experienced The Same Problems You Guys Have Faced...

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jimmie roberts
hoston, US
Sep 15, 2009 3:55 pm EDT

man them hoes got me too..im in need to catch up on my bills... them
hoes got me and my girl in a upraor!if them people was so ###ing smart they would make more money just being honest about there biz..ya dig.I aint the smartest muther(boy shut ur mouth) but yall feel me. Im in my feelings about the entire thang..if u feel any thang like me and know somthing that can help..just let me knw.. email me @digme jones @yaoo.com...thanks

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DAVID B375
Eaton Rapids, US
Aug 28, 2009 1:34 pm EDT

I APPLIED FOR A LOAN, THEY CALLED AND SAID I WAS APPROVED, TOLD ME TO SIGN THE ONLINE AGREEMENT AND SAID MY LOAN WOULD BE IN MY ACCOUNT WITH IN 2 HOURS. THE NEXT DAY I MAM STILL WAITING FOR MY MONEY, THEY WONT RESPOND TO EMAIL, THEY DONT HAVE A PHONE NUMBER THAT I COULD GET THROUGH TO TALK TO A LIVING PERSON, ALL THEY DID WAS PUT A CHARGE ON MY BANK ACCOUNT OF $19.00.

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randy speaks
springfield, US
Aug 21, 2009 1:14 pm EDT

They took money out of my saving acct without given me a loan. They e-mail me with the letter saying that they could not give me the loan.But on 8/21/09 tran num# 16599 they took 137.50 out and they should not have do that. Can some see about this for me. Thanks

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200cash.com
Easley, US
Aug 03, 2009 1:19 am EDT

I put in for a loan with 200cash and when i figured out that it wasn't real i tried to cancel everything but i couldn't get a hold of any one.But when i never got any papers nor signed any i thought i was ok but i wasn't they had my bank information and have tried servally times to take money out of my bank account and have made my account be overdrawn which has put me in a mess.

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RON IN NC
winston salem, US
Jul 19, 2009 6:25 pm EDT

I never signed the application and faxed it back like they ask, I left the web site because I saw it was starting to look fishy. They still are trying to charge my bank account for 44.00 for application fee and late fee. my bank is charging me 35.00 every time they try to get the money out of my account, so I finialy had to close my account because of these people.

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billie jo anderson
White Cloud, US
Jul 10, 2009 7:43 am EDT

200cash.com took money out of my account and i did not say they could, there so nothing say about paying a loan fee, because if there was i would have never put in for the loan, i would not be that stupid because i can not afford to take. to see if i would get a loan or not.

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James Blackston
Columbus, US
Jul 09, 2009 12:54 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

This company took 19.00 out of my checking account without any authorization by me. This is plain and simple theft and bank fraud and somebody should take these guys to task and prosecute them to the fullest extend of the law!

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boatinbob
Riverbank, US
May 31, 2009 10:43 am EDT
Verified customer This comment was posted by a verified customer. Learn more

I was charged $19.00 by 200cash.com for an application fee that I do not recall seeing because had I s=noticed it I would have terminated completing it and moved on. This has to be a fraudulant business practice and hope the proper authorities shut them down anr force them to refund that money to whom it rightfully belongs.

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connie dickert
Greenville, US
May 27, 2009 12:43 pm EDT

this company has been taking money out of my checking account for 3 mounths. i do not have a laon with this company. i have had trouble getting someone to take care of this problem. i whet to my bank and they told me to get in touch with 200cash.com to get them to take care of this but i can't get anyone at this company! how do i get my account taking care of because i don't have the money to pay for this.

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joe conte
, US
Apr 07, 2009 4:30 am EDT

i applied for a loan with this bogus company and they took my 19 dollars and then told me i didnt meet the criteria for a loan i would like to know how many loans they have acctually have given . they said they woudld contcat my job and noone even called my work to verify anything . i am going to work my ### off to take this company down.

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Monica
Long Beach, US
Apr 03, 2009 12:03 pm EDT

200cash.com took money out of my account without my authorization. Now I have to pay a over draft of 35.00. 200cash.com took 44 dollars out of an account that has no money.

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mad in texas
Temple, US
Mar 21, 2009 7:44 am EDT

I should have googled 200cash.com prior to submitting an application. Their webstie states "NO FAXING"; however once I was approved they sent me an email requesting that I fax documention prior to receiving my loan. And yes, they "stole" my $19. I will report to the BBB and Texas AG office for fals advertising.

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