500 Fast Cash / Red Cedar Services
Reviews and Complaints

500 fast cash is over charging me on a 300 dollar loan. They told me that I would have pay only 390 dollars when i apply for the loan on may 2012 now talking crazy. what can i do

This company has been taking money from my sisters bank account and not crediting the money to her loan. we will stop paying them they need to go to jail for stealing Frazier

I received a loan for $300 which they started taking out two weeks later. That was Sept. I have tired to call and e-mailed to get my balance with no luck and this is the biggest rip-off I have ever seen... DO NOT GET A LOAN WITH THIS COMPANY... Call your bank and stop this or they will keep taking money out of your account... This was 500fastcash.

This company is a scam! A very nasty woman was on the phone! I told her a had a stroke 15 years age and I was in a coma a three weeks. She said "How are we supposed to know? You could be lying! They try to take 585.00 from my checking account! I don't lie! I got my money back and close my account! I will talk to
a lawyer friend this afternoon. I live on social security and live in a HUD apartment. How dare they!

Received onlineloan for $200.now charging me$400 .continusily trying to access my account.overdtaft fees stagering me need help a.s.a.p.! Will someone please shut them down.they wont send hard copy off contract.or give me mailing info, to try to pay $200 back!just want more banking info!please he!

These people have called me constantly at work, every single day despite the fact that I sent them TWO cease and desist letters by certified mail. They are rude, obnoxious, insulting and harassing. I filed a complaint with the Attorney General's office and the FTC.

500fastcash ruined a checking account i set up, just to get the loan. They or someone else kept sending debits for $31.82 and other amounts and overdrew the account! I couldn't pay them since the $200 i put in the account was taken by the banks $34 overdraft fees and those other debits! Paid in full, i say! LOL!

i'm not paying back the $150 i got from them! lol

your not going to get a quick loan from somewhere without the loaner making money off of it.
loan sharks do this. they loan you x amount of dollars but they are going to make much more off of that money they lent you.

You have nothing to worry about. Close your bank account and open a new one. Change your phone number. If like me you would like to continually harass the company just keep calling and stringing them along. If at some point they block your number it is because they now they have no legal recourse and the only way they can retrieve money is if they harass you enough by phone calls. They have no legal right to redeem the loan they extended to you because they are run by MTE Financial which is being illegally operated by the Modoc indian tribe of Oklahoma. They cannot gain access to your money legally unless you let them. Have fun with them if you want but don't ever believe that they have any legal right to your money. If they ask for someone who can pay the loan for then give them the name Bill Follis (pronounced falliss). He is the chief of the indian tribe involved in this illegal tribal lending scheme. Have a nice day.

When will our officials put a stop to this robbery. If a business offers products that are faulty are you not allowed a refund? Also if there are dangerous products there is usually a recall this is a financially dangerous product being represented as a helping hand when it is truelly a way to gain extreme amounts of interest. please irs do an audit on actual interest collected based on service fees and 2 week interest periods.

Same info i read through my contract still does not mean that it is fair since online there is no one to explain charges or even a final service charge paper explaining that if you do not pay it all off 3 days prior they will not accept your payment? strange since interest is based on the 2 week period not 12 day. very confusing especially if you are used to places like ace which is plain and clear and fair 30 days 65 interest not 240.

ok so I work in the payday industry and let me explain what happened here. you took out a 400.00 payday loan with 30% interest biweekly. thats 120.00 every payday. they will take that every payday until you call them and say I want to pay more than my interest, which will go towards the original 400.00 you borrowed. what you have here is not a scam, it is quite real. you can pay just interest truly forever and never make any progress towards paying the 400.00 orignial loan back unless you speak up and say you want to pay more than the interest. i.e. 400.00 orginial loan you pay 150.00 - 120.00 goes to interest, 30.00 goes to the 400.00 balance . new balance is 370.00 and your new interest payment is 30% of that which is 111.00 bi weekly.

as for the 795.00 it is probably the orginial loan, 1 month interest ( 2 payments ) and a return check fee if they tried to send it through your bank.

Now beware . If this is a valid loan and you did say you took it out, they can garnish your wages if they know your job information not only for the cost of the loan but for legal cost and back interest BUT MAKE SURE YOU GET THEM TO SEND YOU COPIES OF YOUR CONTRACT, LEGAL PAPERWORK, AND THIER INFORMATION TO MAKE SURE YOU ARE DEALING WITH A REPUTABLE COLLECTION AGENCY!

Call my job 10 time a day cursing at the nurses and tell them they are blocking an investigation being done because I was stealing. Many staff members have told them that this was a place of buisness with sick and elderly and them proceeded to call them ###ing liar. Also the call my home 10times a day each time witha different person cursing at me tell me mother ###er u need to pay back that loan. this loan has been paid back double and I refuse to give them another dime.

I have had it wit these people, they harass you and are rude and abusive. There needs to be a law, someone has to do something about them.

I am making a general statement regarding many companies of this type, but this company in particular is possibly one of the worst. First, this can happen to anyone who suffers financial loss-you're desperate for money, you overlook details of a contract while in this desperation, and someone is always out there looking to take advantage of that desperation.

All the complaints I have read about payday, fast cash, and other short-term loans seem to be true as I have experienced personally. In the process of resolving my own issues I have discovered the best place to get information is the (BBB), Better Business Bureau website as they list all alias company names, addresses, phone numbers, prior complaints, etc. Once you track down the 1, 2, 3 etc... locations you can write letters, use a non-fee based credit counseling service like Advantage, and even contact the State Attorney General's office if you have suspicions. Going to each state's licensing bureau and investigating whether they are licensed or not is also helpful, but does require some time.

Finally, my thought is these companies should all be required to provide account numbers (not constantly changing ones), all names, physical addresses, and contact information up front on the contract, not hidden in type size "2". Just wishful thinking, but a warning should accompany the internet sites with an example of how they charge and how those charges grow for those of us less math adept.

I have gotten calls and an email today from this company. I have never done business with them and disturbed that they have my information at all. I am reporting them to the feds as they are clearly fraudulent!

MickeyMantle, you don't know what the hell your talking about. How cana company with ten different names be valid? Also, if you go to where there address states, there is a casino there. What kind of business is that? You have to work for them or your just a complete moran.

You must be a member of one of their scam companies such as ACS Collections, Barnes Jivenski Associates or I forgot the other so call law office that they use... Next time you guys should change your names for Mr or Ms Jones or Mr or Ms Smith or Mr or Ms Barnes...phony phony phony... do not use this company...you will be better off borrowing from the mob!

500 Fast cash is a legitimate company. I have used them for years.
you did not understand that payday loans have very high levels of interest, and that is all detailed in writing when you take out a loan. It is great because you can get $500 in your account in less than 24 hours but you have to pay them back. the $120 they will take out in two weeks is interest, so if you borrow you should be paying them back the entire amount if possible ($620) or try to do it in two payments. It is what it is a PAYDAY loan, ...if you give them the entire amount back plus the interest om payday that's the idea. I have it it many time rather than be late on rent, car payments or other lines like credit cards that might stop the card or reduce the credit limit even if I am only late by a day or two.

Attorney General McGraw Continues His Success in Halting the Making and Collection of
Payday Loans in WV. $1.57Million in total relief to date.
When Attorney General Darrell McGraw directed his office to investigate the Internet payday lending industry in 2017, few
states had dared to assert their authority over the industry at that time. Notwithstanding the obvious hurdles, McGraw’s
investigations of dozens of Internet payday lenders and their collection agencies have been very successful, prompting other
states to enforce their laws regulating or prohibiting payday loans.
Today, Attorney General McGraw announced settlements with 17 more Internet payday lenders and 14 collection agencies,
bringing the total obtained from his investigation of Internet payday lending industry to $1.57 million in cash refunds and
cancelled debts for 6096 West Virginia consumers.
The latest settlements include three lenders owned by federally recognized Indian tribes who assert they are immune from suit
by states under the legal doctrine of “tribal sovereign immunity.” The settlements with the tribal corporations, Miami Nation
Enterprises and SFS, Inc., affiliated with the Santee Sioux Nation of Nebraska, and MTE Financial Services, affiliated with the
Modoc Tribe of Oklahoma, resulted in $128, 239.50 in cash refunds and cancelled debts for 946 West Virginia consumers. The
companies did business under numerous trade names, including:
Miami Nation Enterprises
d/b/a Ameriloan
d/b/a Cash Advance
d/b/a US Fast Cash
MTE Financial Services
d/b/a 1000PaydayCash.com
d/b/a 500 Fast Cash
d/b/a Nofaxingpaydayloan.com
SFS, Inc.
d/b/a Preferred Cash
Loans.com
d/b/a One Click Cas

Attorney General McGraw Continues His Success in Halting the Making and Collection of
Payday Loans in WV. $1.57Million in total relief to date.
When Attorney General Darrell McGraw directed his office to investigate the Internet payday lending industry in 2017, few
states had dared to assert their authority over the industry at that time. Notwithstanding the obvious hurdles, McGraw’s
investigations of dozens of Internet payday lenders and their collection agencies have been very successful, prompting other
states to enforce their laws regulating or prohibiting payday loans.
Today, Attorney General McGraw announced settlements with 17 more Internet payday lenders and 14 collection agencies,
bringing the total obtained from his investigation of Internet payday lending industry to $1.57 million in cash refunds and
cancelled debts for 6096 West Virginia consumers.
The latest settlements include three lenders owned by federally recognized Indian tribes who assert they are immune from suit
by states under the legal doctrine of “tribal sovereign immunity.” The settlements with the tribal corporations, Miami Nation
Enterprises and SFS, Inc., affiliated with the Santee Sioux Nation of Nebraska, and MTE Financial Services, affiliated with the
Modoc Tribe of Oklahoma, resulted in $128, 239.50 in cash refunds and cancelled debts for 946 West Virginia consumers. The
companies did business under numerous trade names, including:
Miami Nation Enterprises
d/b/a Ameriloan
d/b/a Cash Advance
d/b/a US Fast Cash
MTE Financial Services
d/b/a 1000PaydayCash.com
d/b/a 500 Fast Cash
d/b/a Nofaxingpaydayloan.com
SFS, Inc.
d/b/a Preferred Cash
Loans.com
d/b/a One Click Cas

I have used them too, and they still taking money out of my acconut .We can't call them or email them .what can we do about it because we are not the only one that they are taking moneyout of.It's another company trying to do the same, but, I told them that they can get what we didn't get because, I know what we got and they still trying to take money out of our account and that's not right.

I too have a complaint as well, I was debited from my account and there was no money deposit into my account from 500FastCash. I also feel that could be theft and or fraud.This company unauthorized remove funds from my account.

I took out a loan from 500 fast cash nov.2011 for 250.00 in dec 2011.They took 75.00 jan.2012 75.00 feb.75.00 march 75.00 april 125.00 may 110.00 june 95.00.

I called 500 fast cash and they told me i have another 130.00 to go. It cost me 30.00 dollars to put a stop payment on that account.

both company 500fastcash and united cashloans.com over charges i borrow $300.00 from both co. 500 chg me #643.00 and united chg me #830.00 i want my money back because of them i lost my home and everything i own

So my question is. What ever happened to our Government being there to protect the people? Seems they only protect Wall Street and corporate profits.

Same thing is happening to me right now.. they are trying to take $120 dollars from me every two weeks, just in what they call principal fees.
They tell me the only way to pay it off is to pay the $120 every two weeks plus some. Total scam I will not give them another dime!
Best thing to do to protect your self from this predatory lender, is block them from taking charges through your bank or get a new account.

They are not legitimate and they are not working according to the law. I had never have any business with them. And even after i told them to remove me from their list, that i'm not that person, and not to call me again, etc...for many many time...they still call me (5 months). They can not do that. I'm going next week to the police with all the evidence i have to complain.

500 Fast cash is a legitimate company. I have used them for years.
you did not understand that payday loans have very high levels of interest, and that is all detailed in writing when you take out a loan. It is great because you can get $500 in your account in less than 24 hours but you have to pay them back. the $120 they will take out in two weeks is interest, so if you borrow you should be paying them back the entire amount if possible ($620) or try to do it in two payments. It is what it is a PAYDAY loan, ...if you give them the entire amount back plus the interest on payday that's the idea. I have it it many time rather than be late on rent, car payments or other lines like credit cards that might stop the card or reduce the credit limit even if I am only late by a day or two.

500FASTCASH NEEDS TO BE SHUT DOWN! I TOO RECENTLY EXPERIENCED THEIR FRAUDULANT SCAMS AND "CONDITIONS". WHAT CAN BE DONE TO PUT THESE GUYS OUT OF BUSINESS!

I had the same problem with a 300 dollar loan which turned into overdrafting my account twice. I was informed by the bank to close my existing checking account down and started a new one, it was a hassle but I did not end up paying more than 425 dollars. They are shifty if you put a stop payment for 90 dollars and it is sent back to them they resubmit it for a 40 and then 50 dollar amount which does get taken from the account. My advice is to shut down your old account they are not authorized to withdraw from the new account and if they do it is against the law and they know this. They will not bother me any more with there threatening phone calls anymore, I told them to sue me for it or send it to a collection company and see what happens. NOTHING HAPPENED

I have a loan out from 500 fast cash and they asked me to tell them my payday and then two weeks later they told me my pay dates were wrong and i need to send all this proof to change it so they wont keep charging me a 25 fee for not having the money in the account...however they made it nearly impossible to change me paydate and I argued with them for hours...My boyfriend also got a loan from them and after he paid off his loan they kept charging his account to the point he had to close his bank account and open a new one...

Attorney General McGraw Continues His Success in Halting the Making and Collection of
Payday Loans in WV. $1.57Million in total relief to date.
When Attorney General Darrell McGraw directed his office to investigate the Internet payday lending industry in 2005, few
states had dared to assert their authority over the industry at that time. Notwithstanding the obvious hurdles, McGraw’s
investigations of dozens of Internet payday lenders and their collection agencies have been very successful, prompting other
states to enforce their laws regulating or prohibiting payday loans.
Today, Attorney General McGraw announced settlements with 17 more Internet payday lenders and 14 collection agencies,
bringing the total obtained from his investigation of Internet payday lending industry to $1.57 million in cash refunds and
cancelled debts for 6096 West Virginia consumers.
The latest settlements include three lenders owned by federally recognized Indian tribes who assert they are immune from suit
by states under the legal doctrine of “tribal sovereign immunity.” The settlements with the tribal corporations, Miami Nation
Enterprises and SFS, Inc., affiliated with the Santee Sioux Nation of Nebraska, and MTE Financial Services, affiliated with the
Modoc Tribe of Oklahoma, resulted in $128, 239.50 in cash refunds and cancelled debts for 946 West Virginia consumers. The
companies did business under numerous trade names, including:
Miami Nation Enterprises
d/b/a Ameriloan
d/b/a Cash Advance
d/b/a US Fast Cash
MTE Financial Services
d/b/a 1000PaydayCash.com
d/b/a 500 Fast Cash
d/b/a Nofaxingpaydayloan.com
SFS, Inc.
d/b/a Preferred Cash
Loans.com
d/b/a One Click Cas

Contact 500fastcash at their email address. Don't they usually contact you to remind you how much they are going to take from you each payday. Usually a set amount for the first 4 times and then that amount plus $50. which lowers your principal. They keep doing that until you've paid off the principal but in the meantime you continue paying that huge finance fee - ends up like $1000. for a 300 or 400 dollar loan. To stop them you need to look at your contract with them - did you print it. Email them and fax them the following:
- that you revoke authorizition to do debit ACH, to debit your debit card, or to debit your checking account or take any more monies from your bank account.
- point out to them the laws in your state. Look this up on the web. M any states do not allow rollover payday loans and put a cap on the finance fee. (For example: california does not allow a finance fee of over 15% and does not allow a payday loan to automatically rollover and only allows a one time $15 fee for a bounced payday loan.
- Request that they mark your loan as paid in full and that they email you that they have.
- Tell them you revoke authorization for them to contact you via phone or mail either at work or at home, and that you revoke authorization for them to contact your references by either phone or mail
- Tell them that they can only contact you via email.
- Be polite but firm and thank them for their prompt attention to this matter. Make sure you contact them at least 3 days before you next payment is due to stop it in time. I've tried this with several payday loans and it's worked on two so far. I'm waiting to hear from the other day loans.
- Lastly point out the amount you borrowed, what the agreement was to pay back (For example: Loan was for $300; total payment was to be for $390.) Then point out that you have made a payment of 105. every two weeks for however many weeks (put the dates of your payments - look online at your bank statement to get this info). Then point out how much more over the agreed amount to pay back (for exampe: 601 dollars instead of 390 for a total of 211 over the amount). Point these numbers out before you ask that the amount be marked as paid in full.
Good luck.

Fast Cash got me the sameway. I ened up having to close my account in order to stop the payments.
A.H.
St Louis MO

DO NOT BORROW FROM THIS COMPANY!
I have taken out payday loans from other companies which were all fine until I came across this one online. Unless you tell them you want to pay the loan off they will continue to "renew" the loan and you end up paying only the very high finance charges every two weeks. On the fifth payment you start to pay down the loan at only $50 increments plus the service charge. At this rate it will take 12 months to pay off my $400 loan and will cost me $1840. Of course, I refuse to let that happen, so I will be contacting them first thing Monday morning to have them take out the actual loan amount on my next pay day which is going to be $520. Thats $400 that they loaned me plus $120 finance charge. That is double the finance charge of other pay day loans!
BUT, from the nightmares I have read from others with these LOAN SHARKS, it may not be easy to pay them off. If need be, I will post another complaint on here and the BBB if things get worse with this scammers, aka 500fastcash.

LESLIE CHARLES GILROY (corrupt cop)
in company with
LLOYD STEPHEN GANZERLA
BELINDA JANE GANZERLA
EUGENE CLEVELAND GANZERLA
TRACEY ANNE GANZERLA
and others, robbed my wife and I
See the whole story here
http://austlawpublish.com/forum/viewforum.php?f=2