MyCashNow.com Reviews

I had a gentleman by the name of Bob ** from Wells Fargo Recovery representing MyCashNow and says I owe money for a loan I took out with My CashNow. I have never taken out a loan with this company. I told him if I owed the money I would gladly pay it and to send me information in writing. The caller - who is obnoxious, rude, and downright nasty - tells me they don't have to send anything in writing, it's too late and I need to pay it off now. Again, I said that I have not taken out a loan with MyCashNow and he said I had and I can't prove I hadn't.

This has been going on for 2 years. First it was a person by the name of Mike telling me I would be arrested send a fake arrest warrant, but would never provide me anything in writing. Now I have a company called Southern Asset Recovery, who I cannot find online; they also had all my information such as last four of SS#, Driver license number, etc. They stated they had contacted my bank, and my bank told them I do not have an account with them, which I currently have the same account. Then even had the name of my bank and my account number. They want me to pay $700+ today, or someone will come and arrest me. They threatened to call my employer. If I owe this money I will pay it, but I want more verification than a phone call, send me the contract that I signed. This was a loan that I was to have taken out in May of 2011. They said they have sent me letters and emails. I have not received one correspondence online or by mail, except for these harassing phone calls. Is there anything I can do to stop this?

I have had some representative whose company name he never gives, but says I owe money for a loan I took out with My Cash in 2011 - #1 I have never taken out a loan with this company. I told him if I owed the money I would gladly pay it and to send me information. The caller - who is obnoxious, rude, and downright nasty - tells me it's too late and I need to make payment arrangements. I said I couldn't do anything until I received the information that I in fact took out this loan. He has gotten to the point where he calls my job back-to-back to back. I mean he has automatic set up that it rings to the switchboard and ties up the company lines.

MCN has been hounding us constantly about a loan that was taken out. We NEVER took out a loan with them. They want $1000.00 to make it go away. They had names, SSN and everything. The person they accused this of doesn't even know how to turn a computer on. The lady's response was, to try and prove we didn't do it. They are supposedly sending cops out to arrest us. What can we do. We never ever ever got a loan from these people.

Though the interest was high, I must admit that it help me to get some things paid on time.

I have used MCN for years and one day they did not take what I owed from my bank account. I called MCN and they gave me another number to contact to obtain my payment. The MCN representative did not go into details but insist I call this strange company. I called the company (do not remember the agency) and they asked for my social security number and date of birth. I told the representative NO WAY and to pull up my information with other information. Well she did and then asked for my banking information to obtain the money. I said, "Hold up, if your company is collecting the payment for MCN, why haven't you received my banking information from them?" The representative could not answer me and rudely kept trying to get me to give her my banking information. I am very concerned with identity theft and refused to give her my information but asked that I Western Union the money to them. I always pay my debts but there was no way I was giving up my personal information when neither MCN nor this new company could explain to me what was happening. I definitely do not want a high interest on what I owe, so does anyone know what I can do to pay my debt in full?

I received a call in late September 2013 from 2166441249 stating that I defaulted on a pay day loan of $ 350.00, and that I was to be subpoenaed in court with a restraining order. I called the number today and the Lawyer named Michael ** from IRS Equity Group, P.O. Box 796 Cleveland, Ohio 44114, stated that I had defaulted on a pay day loan and that they were going to take me to court. It could only happen if they had spoken to me directly. They are to send the court order to the last mailing address of mine. I do not recall taking out a pay day loan from a MyCashNow.com. The man said they also represent Ameriloan (that loan is paid off 2 months ago). I do not know who these people are. Looking on the internet, it appears they have scammed others. Please let me know my rights and what else I can to ward off this action. Thank you.

I am having such a hard time getting a hold of them! I have tried! I owe money but where do I pay? Usually, I get an email saying they are taking my money and I haven't heard from them. What do I do? I don't want to owe them an astronomical amount... Help!

They are holding my account hostage.... You can not talk to anyone. I have been a loyal participant in this horrible scam for people in financial trouble. What is going on?

Yes I have had the same experience. I like others have dealt with My Cash Now for years and never had the first problem. But now I quit receiving the emails and I knew it was time for my payment and I was going to pay them in full, but when I tried to get to the website I could not and like you when I called the number they transferred me to the collection company that was rude. One time the lady hung up on me and I never did figure out why she did that. The 2 times I talked to this company I told them that I would not pay them over the phone because I had no idea who they were. I told them if My Cash Now wanted their money that they needed to send me an email letting me know where to send it.

I have been trying to get online to see if I owe anything and I can't. I have not gotten an email since Aug. also and when I call they transfer me to someone else that is not them!! What is going on?? Were they not a legit company???? If people still owed money on their loan and can't get through do they still owe it?? What's the deal?!

I used to get weekly updates about the status of my loan but that stopped in August. The mycashnow.com website is now unavailable and you get referred to Credit Protection Bureau to pay off the balance of the loan. I have no idea if this is legit or not. I'm quite skeptical because mycashnow has stopped sending email. Has anyone else had similar dealings?

I have been a My Cash Now user for about 3 years and it has been by far the best payday loan company I have dealt with. They had the lowest fees and you were able to borrow as little as 100.00 while other companies force you to borrow minimum 250.00. The only advise I tell anyone is to know what you are getting yourself into and know the rules. I have had to extend my loans and have been able to do so verbally and online. I was also paid the 100$ referral fee efficiently. Everyone was very nice and understanding. I have and will continue to refer company. I feel those who have bad experiences with this company don't fully understand how the payday loan system works.

I applied for a $200 loan back in April and due to unsuspected bills, I became behind on payments. I was only making the minimum payments which increased the finance charges. I called MyCashNow to see if there were any options because I was worried that I would eventually get an overdraft on my bank account. They referred me to Silver River Management to set up up payment arrangements. I contacted Silver River Management to set up payments I could afford but without the finance fees. I was still responsible for the finance fees but it was going to take up to 1-2 more months to pay off a $200 loan at the rate I was going. I went to get breakfast one morning for work and to my horror discovered my bank account was overdrawn the amount of the entire remaining MyCashNow loan.

Tried over and over to connect with MCN and arrange to pay my loan via mail. My loan was for 520.00. I paid you 263.28 on April 4th as had been arranged on the phone with their rep. My next bill in May was supposed to be for 263.28 plus 130.60 interest for a total of 393.88 and the loan would be paid off per my conversation with them. While awaiting the instructions where to mail it and to whom I make out the cashier's check, I received an email with my balance NOW showing a total of over 2K!!! I then contacted them again about this new balance... in writing to Canada and by email and have yet to receive any reply. I had also notified their rep that I was a victim of identity theft and on advice from the Attorney General's Office and my bank I closed my bank account.

I wanted to get an extension on my loan. I always do it the day before the due date but they said I could not do that because the Thursday was a holiday so that forces me to pay the loan off or go through a collection agency. This is a company that doesn't care about its customers' problems, only their greed. Well, they lost this customer and I hope many more follow. PS. Please don't help this company in their greed.

This company is shady in their dealings. On your first loan, they offer $18.00 per $100.00 you borrow. Then on your second loan, they tell you it's the same deal, yet they somehow get loan papers that show 575% interest. Charging you $1.57 per day for each $100.00 you borrow? That's $48.67 in finance charges alone! Your best bet is to ask family for money than this greedy, money sucking company. I would never refer anyone to their company for their lousy $100.00 referral program. It's a scam, straight up!

I have been a customer of MyCashNow for 4 years. Recently, I had some checks stolen and had to close my bank account and open up a new one. I called MyCashNow and told them what had happened and tried to change my bank account info on the phone. They told me I had to fax it to them, so I did. Today when I checked my account, it had been turned over to a collection agency. I had to make arrangements to pay it off in 5 payments through these people. Not one time was I notified that there was a problem. So be aware these people do not value their customers. And maybe it’s a good thing. Once this is paid off more money for me, less money for them.

I had checked on a payday loan but did not actually want it. I got online and checked my bank account and found they had deposited money in my account. They are calling me 100 times a day saying I need to have a lawyer for lawsuit against me for cold checks, that I was not paying my loan back on time. It was just put in 4 days ago and I did not even ask for it. They are rude and will not give you any info and keep telling you to call some man at the same number they are calling from. I did finally call and he said it was a lawsuit about paying back the loan and I told him I was contacting the BBB. He said, "Go ahead, I will just keep calling until you respond." In the meantime, I have had to "hot card" my debit card and file disputes with my card carrier to get my money back. Hopefully these guys get caught and are charged for all the grief and aggravation they are causing honest people.

MyCashNow.com for taking illegal funds out of my bank - Why is this company putting a charge on my account of $29.95 and in what status do they have the right? Who are they? Yes, I am upset. I called them and raised hell. I called my bank and thanks be to God I am with a secured bank of the U.S. who cares enough to back me up. They have turned this company into the Fraud Department. Make aware to all out here; I for one know this now. Some companies that give money just like that are bogus, that is why so high interest. They use you and give out your information. I do not even know where this one came from, but I am going to get my $29.95 back. Sorry, you have lost, whoever you are.

I paid $1,200 in interest this year to take two loans of $750 each. That's nuts from a business perspective. But I've had financial trouble and MyCashNow has gotten me through a couple of scrapes. Unfortunately, people who qualify for credit frequently don't need it and people who need it often can't get it. Anyone using MyCashNow is operating their finances close to or over the edge. Be aware that things could get ugly with any payday lender if you're not able to make your commitment. They've restructured my loans a couple of times when I won't able to follow through on what I promised. I can't call myself "happy" with MyCashNow, but that's only because it's not a very happy way to borrow money. I hope that I won't be desperate enough to have to use them again, but it's good to know that they are there just in case.

I am here to file a complaint against this company for reasons of putting money into my account without my authorization or me electronically signing anything. Now, these people are pressing charges against me for withdrawing monies from my account and then some. I will not stand for this and will be reporting you to the BBB in connection with the US Fraud Department. I don't want or need an attorney for such frivolous deception because I have two looking into this matter as of now. If I receive anymore contacts from this company about funds, wanting to give me funds, or making false complaints against me, I will take extreme legal action. You have a good day.

I had been a customer with MyCashNow for over two years. I took out many loans and always paid on time and in full. Each time, they raised the amount that I could receive because I paid in full. All of a sudden, they dropped the amount that I could get by like $500. I still took out the loan and paid it in full. Then they told me I am now a preferred customer and will get extra discounts. When I tried to apply for another loan, I was denied saying I don't meet their requirements for a loan, which, if anything, my income went up and I always paid the loans off. When I called to question why I don't meet the requirements, I was told that I no longer meet the underwriter's guidelines. Seriously, how is that possible? I pay in full and on time. So this is what you get for being loyal to a company, thinking they are good and all of a sudden they turn out to be just like the rest. And now I found out that they are the same company as Discount Advances.

I've been reading that a lot of you people on here had some bad experiences with My Cash Now. I've been using My Cash Now for a few years now every time I run low on some cash. I have had zero problems with this company. I usually pay the loan on my next paycheck. As of now, I am a platinum member and I get over 30% off my interest rate. I use them a lot and I recommend this company to anyone that is in need of some fast cash but make sure you understand that they do have fees just like anyone else. That's how they stay in business.

I filled out some payday loans forms, came home, and found money in my account. The loan amount was $400.00 and $84.00 in interest. They never let me know what they were doing. This took the acceptance out of my hands.

I just want everyone to know that I worked for this company, for a year. Mycashnow, Paydaymax and Discountadvances.com are all owned by the same person, as well as the collection departments. They have a call center, in Chattanooga, TN and Costa Rica, as well.

I receive numerous loans from MyCashNow and I had got to the level that I receive 15% off my loan and had numerous new customer referrals. When I went back to apply for another loan to help pay for my daughter school, they came back and told me I don't meet their standards. I asked the lady when did that happen because I had received at least 10 loans from your company and had paid them back on time. She replied, "You don't meet the underwriter's guideline."

I received a $360.00 loan from MyCashnow.com on July 3rd, 2009. I was unable to pay the money back in the time period they allowed me. The interest was outrageous and building up.

I received a $360 loan from MyCashnow.com on July 3, 2009. I was unable to pay the money back in the time period they allowed me. The interest was outrageous and building up.

These are all payday loans. I'm charged $100 and $140 bi-weekly finance fees on $400 loans. I recently found out these loans are illegal in my state of PA? I can't afford my bills. Twice a month, I have $400 in just finance fees taken directly from my checking account.

I called the 866-645-1661 phone number to make arrangements for payment. The representative from Mycashnow said that the only options available to me were that I extend the loan for another 2 weeks or month. I told her that I did not want to extend it anymore, and that I just wanted to make payments because my hours at work were cut. She said that those were the only options I had. Mycashnow did not want to work out payment arrangements with me. This has caused me to be more stressed out. I don't want them to contact me at work. I told them that I wanted to work out some type of payment arrangement, but they refused. They just wanted me to extend the loan.

I took a payday loan out because my husbands account was frozen. I took it to help him with his rent. I found out my account was frozen and when I tried to explain to them not to call my job because my line is recorded they yelled out my information on the recorded line. They also left messages about my loan to coworkers as well as on my answering machine. I borrowed 300 and was told I have to pay back 330. When I called back to make payments they said my bill is $900