Speedy Cash Reviews

So I took out $900, not all at once. First $600, then $150 and then another $150. They have charged me 50% of the borrowed amount in interest. The ‘minimum’ monthly payment of $294.75 basically only covers me until the next month; until I eventually would have to pay the full amount of the loan (principal, interest and fees) in 6 months. The monthly amount of $294 does not even bring the balance down when paid. Extra money that I could use. The balance remains the same unless I pay more than $294 monthly and then the balance will go down, but only by that ‘extra’ amount I paid. So in all this predatory loan shark company, expects you to pay back a whole lot of money, triple the amount for what you borrowed, not worth it and other places charge less interest/fees.

I really wish I could give 0 stars to this company! Back in 2018, I took out a very small loan from this company. I ended up not needing the money, repaid Every penny, before the due date. I get a collection email, shortly after. I responded to the email, telling the company that I already paid the loan back, with screenshots showing the money deducted from my bank account. Shortly after that, I get emails about a late fee charge on top of the loan and again about my tax return and to get caught up today! Mind you, I responded to every email and received No reply in return. Fast forward to this year, I'm going over credit reports, looking into my clarity credit report, and Speedy Cash took it upon themselves to report to this company, and thus far this company only, that I have yet to repay this loan, that I now owe them more than agreed. All of which is a lie.

They want access into your account when applying online, to determine whether you bring in enough money to handle the loan, it's scary, but alright is what it is, this is where it gets bad for someone who needs money for whatever. They verify bank info, then tell you your approved and they'll deposit money into your account within a day, soon after that your phone starts blowing up with telemarketers, think maybe the real money for them could be in selling your info, I would vote a 100% yes. Then I start getting emails talking me into just driving to one of their stores and pick the cash up, which is an hour round trip for me, by the way I needed loan to do car repairs. They tell you what you'll need to take with you, 1 - drivers license, 2 - debit card linked to account used for loan and 3 - a reference number that verifies your loan approval.

Speedy Cash advertised as a title loan, with the sole purpose of providing a loan designed for those who needed money in the event of an emergency. The company states that the loan amounts are determined by a income source and the ability of the individual to pay that loan amount back. With the assumption being, they will not approve a loan in which the consumer would not be able to afford based on verified income. On October 8, 2021. I applied for a loan in which my loan was approved for an amount based on doctored income. Although, bank records with direct deposit and proper pay stubs were submitted. The employee eager to approve and gain what I believe to be a “sale” doctored my income to increase the amount loaned out knowing that this would not be something feasible to repay.

I needed to get a loan and get a loan quick due to my current financial situation. I was approved for $5,000. After a few days of **, giving them my bank account number and routing number, kept getting told pay $100 for this, $200 for that, $100 for a credit background, so $400 later and even further in the hole negative, still was told it wouldn’t work. $200 for a Moneygram to get the money. Was never told any of this especially for a credit background. Didn’t cough up the $200 for the money gram. Really pissed off for losing out on $400 I don’t have anymore. Called and told them I wanted it cancelled and was told they did. Definitely a fraud at this point and I’ll have to keep a eye out on my account and if they try to take money out since I didn’t even sign anything even electronically I’ll take legal action as the only resort I’d have. Stay away from them. Save yourself the headache.

They will tell you that the information you put in during the prompts will not impact your credit score - but it will! They will an hard inquiry on your credit report before you get to even see your loan options and they will not take it off. Also, they do not tell you that they are going to do it or get your authorization to do it and it is not clear when you are applying for an actual loan. Also, the APR is way too high. A $2000 loan will have you paying back $10,000. Horrible.

Speedy Cash sucks!!! They rip people off. Don't get a loan from speedy cash unless your life depends on it. If you get a loan from them you will be paying them back for years. I got an installment loan from them. They charged me 5×s the amount I borrowed. 5 Times... So for a loan of 2000 the payback is 10,000. NOT WORTH IT! You would be doing yourself justice to look for another loan company. There are companies out there who won't rip you off like Speedy cash. DON'T DO IT!!! THAT'S ALL I CAN SAY. I CAN'T STRESS IT ENOUGH! YOU WILL REGRET IT!

I took out a loan back in 2019, every time I get close to paying off the loan, I will log in to my account and see they have taken out the current available because either my loan amount would go up or my loan amount will go down. I have not taken an advance out since December 2019, I have been paying on this loan for a long time now, and I feel like I will be paying on it until the day I die because they keep adjusting the amount that I did not originally request. I call before to tell them to stop doing this, and customer service, just don't care, they wanted to take out another loan to pay them off, and then I will have another high-interest rate on another loan. NO THANK YOU!! This company is a bunch of scammers!!! DO NOT LOAN!!!!

They are very happy and ready to help. They have been good to me. When I have to get money in a hurry they are always there to help and refer them to everyone. I don’t have to worry about if I’m going to be approved or not. I’m able to take care of business in a hurry because of their help.

I can't say enough about how helpful, patient and professional the online financial services have been. They helped me to get the loan I needed with multiple options and helped to guide me so I provided what they needed to help me get a loan. The in store personnel are always friendly and professional. When I need a loan I only go thru Speedy Cash.

Do not I repeat do not get a loan from these people, they are not transparent. I gave my routing and account number only to find that it was a wire transfer after it didn't go through. I rep said he didn't know that he needed that number after he went upstairs. They made me get a google pay card and pay 150 bucks because they said I needed to get loan insurance, and will not refund the money although the rep didn't do his job and after that they requested I pay 350 dollars for a Western Union. And when I said no they said, "Just pay 200 dollars and then you'll get the money back and get your loan in 10-15 minutes," then later they said it would take 24 hours if they could get the insurance company to refund my 150. Notice the changing of words. Now I'm supposed to wait until tomorrow. I feel scammed.

Always on helpful and on time with the needs met. Signing up online is very easy to use and convenient. Get all my financial needs done. I will recommend Speedy Cash to everyone that know and all my family members to visit any location near them for their immediate and short financial needs.

I live in Dallas, TX. Not sure of the guidelines here, but their interest rates are crazy high. I received a $300 loan, and had to pay $85 as a "Cab Fee" every two weeks. None of this fee went towards balance, it's just a fee to keep loan active. You basically are paying half the loan amount to keep original loan active. I paid fee for first two weeks, called back 5 days later to pay loan in full off once I realized they were beating me over the head in interest - and had to pay another $85 fee with the $300!!! Their excuse was the fee generates a few days after the original payment. There was no interest or cheaper rate for paying off early, just a standard fee.

I would not recommend Speedy Cash interest rates or 249%. I've had my loan for 2 years. I paid $1,500 and so far on a $800 loan. I would not recommend Speedy Cash and they will not work with you if you're a good standing to make loan payments.

Feel like this company loves the run around. They cut major corners as well. The website always gives these long error messages. Making me think the company is just committing fraud on the daily. Bad business. Horrible service. I can't believe this is happening...

Applied for a loan. The representative told me I was approved. I sent all the documentation & Was told they would call me back once the money was transferred in 20 minutes. I think it may be a scam. I really hope my information is not compromised.

I have appreciated and enjoyed the experiences I have had with this company. It has always been completed within a timely manner. The app is a great way to get the process done when there is no time to be on the phone for any length of time. Thank You.

I highly recommend not using this company for a loan. The interest and principal is outrageous. They will tell you that you owe one amount on the phone, and you show up to pay that amount, it's significantly more. Do your research. There are local companies (if you are in Austin) that will give you a better loan, and rate. I will never use this company again.

The loan process was easy and I really like the instant funding through my debit card. That is a great feature. Keep it. Your process is very convenient and I really like the instant funding and you seem like a great company to work with and I will use you again in the future when I need a loan.

Speedy Loan has reasonable interest rates and their customer service is excellent. I am happy I discovered them. They have helped me get through some difficult financial jams and their installment plan makes it easy to pay them back.

They took out $370 I didn't have. My bank has been harrassed by them for the last 3 months. Thanks for taking the money I had left to leave my water and lights on. It is the worst loan company I have ever used and will never use them again. They don't care about anything as long as they get their money! Thanks for screwing my family over!!

They rip you off. They took money from me that I never received. I sent them bank statements and copies of transactions and deposits. They still were rude, and disrespectful. They took money out of feeding my kids food. Do not come to this company or place.

I want nothing more to do with Speedy Cash! Today I witnessed such dishonesty and losing. Yesterday I attempted to pay the agreed upon settlement amount of $383.19 for the account online. The $383.19 amount did not work on their system and defaulted to $478.99 which was taken from. When I talked to Customer Service I was given a line about I should have called the settlement in because there are different processes you need to complete via phone in order to receive a refund. Speedy Cash did not honor the agreement and ripped me off and that is disappointing. All to keep from returning the $95.80 they owe me! They could have sent me a check. Dishonesty and liars are who they are. I will make sure not to recommend Speedy Cash to anyone! They hide behind so called policies to avoid paying refunds.

Look for someone other company. If I can give a lower rating I would. My husband has been a good payer, no late or whatsoever. And when he got hospitalize ICU (can't talk), I called them to let them know about it (warn them ahead of time). And they "literally have no clue on what to do on this situation". I try to understand that they can't give out any information to me (I'm the wife, I have all acct info, etc) but I have been transferred to 3 different departments and they all suck! They don't deal with this thing. "No clue on what to do".

I am self employed. But I been trying to establish a relationship with you so when there are incidents that actually happen in between pay period there would be a place I could go to. I have a salon which my employees pay me every week ($2000). I went to Cash App as a way for them to pay without physically being on site every Friday. For me it was to be able for fund to be readily available instantly and to be able to verify the income because you can go online on print out monthly statement and it is also link to a bank account set up for you.

This company are straight crooks!! They took a payment out of my account a week early! When I called to tell them they have wiped my account clean and left my account $244 negative all they said was “sorry, we can’t do anything about this.” I am livid! Not only did they leave me with an overdraft bill but you basically took my grocery money!! I ended up having to get another loan to buy food!!!! I am sending this out to all the review sites and contacting the local news! It’s not enough they prey on people living paycheck to pay check with their high interest but then put you in even more of a financial bind by taking unscheduled payments! Once I am done paying these loans off I am done with this company!!

When I got a loan with Speedy Cash, I was aware of the high-interest rates but I was in a tight situation and needed money here and there to cover me. A line of credit worked well at the time until I racked it up to $1,000 and realized I would almost never be able to pay it off. So when I needed to get another loan elsewhere, I told them I wanted to consolidate Speedy Cash into that loan. The new, far more professional loan provider obliged helping me pay off the $1,000. Given Speedy Cash receives automatic payments from my bank account, I ended up with a credit balance of $186.77. All this happened in October 2019. It's now December 2019 and I haven't received my refund.

So on November the 19th I sent Speedy Cash an email revoking their right charge my bank account/debit card. On 12/2 they charged it anyway which put my account in the negative, so they illegally took money from my account. For 3 days I tried to get it resolved. After speaking to multiple people I was told after the payment cleared they would issue the refund as well as the overdraft fee I received. I call Monday the next week and was told since I called today they would start the refund process, but not refund the overdraft that was caused by them taking money when they had no right to do so. Then was told about all the hoops I was going to have to jump through to even get the overdraft back.

I have been dealing with this unprofessional company on the phone now for hours with zero progress. Basically just told me there's nothing they can do. I took out a small payday loan of $200 and have made 3 payments only to find out my payoff amount is still over twice what I borrowed. The amounts that I paid towards my balance were not used toward my balance but towards only interest. My payoff amount after this is done will be over $500 for a PAYDAY loan. I do not suggest anyone every use this loan service.

They request all your personal info so that they can share it with marketing firms that start sending countless emails and text messages advertising loans, then they send you a denial saying your score is 100 points less than what it really is just to get your info!! Beware!! Fraud!!