Magnum Cash Advance

I took a loan with Magnum. I had taken two PD loans with other companies (1 local and 1 internet). Magnum was the best experience of them all. The other internet loan resulted in my email box flooded with other loan offers. Magnum said they didn't sell your name and it was true. Also, when I missed a payment, I went online and rescheduled with no hassle. I'll use them again.

I did a search to find a payday loan. I did find 2 legit payday loan websites. Ace Cash Advance was a good one and I got a loan that was not a ripoff. Moreover, they did not sell my info to others. I will use them again. The other one is Magnum Cash Advance. I will use them again. Neither one sold my info and I got the loan.

All the rest of the so-called payday lenders plan **. They are not lenders but matching sites. They claim to match you with a lender. However, they just keep bouncing you from one matching site to another. You never get to a lender! And your phone will even ring for a month! Also, they will fill up your email inbox with emails that tells you that your loan is approved. claim now.or just a few more g;s and claim your $1000 loan. every one is a matching site!

Some one needs to check into those loan matching sites. 95% of the so-called lenders are not lenders, but are matching websites! With them, you never get to a lender. That is why I Googled lenders only, but I still just get mostly matching websites. They trick you into filling out their loan app. then sell all your info to someone else and your phone will ring for a month with telemarketers. They need to be sued!

I called Magnum Cash Advance to file for another payday loan. MCA indicated that my account is in collection and stated to call NSB. The customer service representative initially stated that my account is paid off and then placed me on hold. She returned to the phone line and stated that I still owe $132.43. I then asked the representative to verify my contact information and the date of the loan. She verified my contact information and that the loan originated in 2008.

I then questioned why I wasn't contacted provided that they have my contact information, in addition to the fact that it has been 2 years since the loan was made. The customer representative said, "I didn't handle your account and it probably just "fell through the cracks." I was livid at this point and asked to speak to the supervisor. The supervisor was of no help. He claimed I still have to pay the balance regardless. I reminded him that it's not the balance I am concerned with yet, the lack of communication on their part. I was even more heated and began cursing. He reminded me that the phone conversation is being recorded and eventually hung up on me. I pursued this case strongly and effectively. Today is day one and tomorrow is day two.

Damage to my credit, anger, anxiety and additional stress; based on how I was spoken to, I feel as if my logic was questioned and belittled. I was screamed at by the customer service representative and the supervisor hung up on me.

I had a payday advance from Magnum cash advance. They withdraw there payments from my bank account, but due to unauthorized activity in my bank account I had to close the account, I called Magnum and explained what happened and at that point they were very understanding and said we would resume payments next pay period. several days later I get a call from them stating they have tried many times to contact me by phone and or e-mail and I failed to respond. (they never contacted me except for one time and I called them right back.)

they stated I failed to make my payments, I said I already made arangements with one of there repss, of course they have no record of this phone call, and spoke to me like I was lying, after many conversations I faxed to them my phone records showing I contacted them and that phone call lasted 10 minutes, And asked them to please give this information to the manager as payment arangements have been made.

Well, I just looked at my account online and they turned me over to a collection agency called NSB. Shame on these people. These loans should be against the law, they are set up to make you fail. And that is a real shame. they are going to have a huge negative impact on my credit for something I had no control.

I have been a customer of magnums for sometime. I usually take advances paying my account off early to save on the short term interest rate. I have had my share of problems with this company before , from early debits to my checking account to poor customer service.

I recently had requested a cash advance from magnums with a pay off two weeks from the date that the loan had been taken out.

I immediately got on the phone to pay the debit just to be connected to a collection agent whom was rude and unprofessional.

Magnum want to charge me a return fee of $35.00 a late fee of 29.00 and additional interest 0f $43.00.Tony whos the collection manger would not his offer.

I am now looking at a loan that I took out for 453.00 that I could have paid off for 697.00 including fees would cost me $817.00. This is a very dishonest company and license to operate in Louisiana should be taken.

This should be against the law.

I file this complaint with great concern.

I borrowed 800 and they charged me 400. When I asked for an extension to have more time to pay the loan off they made it into a new loan and added 800 or so. I don't have the exact amounts because they have blocked me from logging on to see my history of loans. I lived in California at the time of the loans. I recently moved to Phoenix, and don't think AZ law matters since it was the State of CA where the transaction took place. Its an online no fax lender. I believe I took this loan out in Oct/Nov 2006.