I have applied a loan with CashAmericaToday and I was approved for the loan in no time. I signed paperwork, including the monthly draft for payment directly from my account.
I met the qualifications prior to applying. During the application process with Cash America Today, it asked if I received a paper check or direct deposit, and I checked paper check. I then got a call from a girl who barely understood English.
She asked if I had direct deposit. I said, “No, deposits go into the account that equal or are more than my paycheck, because I have a second job”. I offered to send pay stubs, and asked her to call my employer. She refused. She then withdrew the application.
My concern is that they already had me sign the documents, upon being approved to allow them to automatically withdraw the payments from my bank account. This is very alarming and sketchy.
All I know to do is to write this, in hopes of no one else having this happen. I’ve already contacted my bank regarding this, and they are taking proper steps to ensure my account is safe. They suggested I close this account and open a new account.