MetaBank / iadvance loan

United States Review updated:
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On oct 13th metabank supposely stopped there iadvance and supposely gave notice but the notice of termination was only visible if you log in your account. So me being that I dont log in that often to check my account only when my funds are available didnt know that this was happening so when I checked my funds I saw that my loan was paid but I wasnt able to take another one out cause iadvance was terminated. So that day I got screwed in paing all my bills and still trying to catch up. I dont believe its all metabanks fault but they should have either called all there customers or sent and email or a letter in advance of termination of iadvance thats all. Now I just be more careful with these prepaid cards.

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  • Yo
      May 13, 2011

    They were shut down by the government for having extremely high interest rates. It's not their fault they were shut down, most payday loan places were. It is the consumer's fault for becoming addicted to payday loans and taking them out and using their paycheck to cover them. Payday loans are for emergencies, not for living expenses in-between paydays.

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