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Cash Call

It is good to have a choice - at least you can choose the less evil.

At the present time, financial market abounds in loan, mortgage and credit institutions. They are profitable for the owners and are considered to be a way out of financial crisis for the customers. People look though a huge list of companies, compare their terms and interest rate, read the consumer reports and thus make the final decision.

The most common problems with these financial institutions are as follows: charge too high rates after the agreement is signed, refuse to lower the rate, etc. let's take a particular company and analyze its down flaws.

CashCall. Cash Call, Inc. offers personal loans in the United States. Its personal loans are not secured by personal property or collateral, such as a home or car. The company was founded in 2003 and is based in Anaheim, California. Several online source of customers' reviews, the following picture came up.

First of all people complain about too high interest rates charged by Cash Call. They amount to 96.00% per annum. This means a client has to pay back twice the sum he borrowed. On the one hand, the rate is indicated in the agreement; it's not kept a secret. Why would one agree for that? However, on the other hand, in case of an emergency, you will do anything just to get that thousand bucks. And that's the time, when the company uses the misery of the client and makes money.

Ok, the loan is approved, the money is taken. The borrower does his best to pay off monthly fees. He stays hungry, does not go out, cannot afford new clothes, but he brings the defined sum of money to the bank monthly for a few years. Does not he deserve to get his rate cut? Of course, he does. But at Cash Call they do not do anything about it, until you apply to the BBB. They do have influence on Cash Call, as the customers claim.

Moving on. Until recent time, the payments were automatic and if you wanted to make an extra amount to principle, you could call and it would be done. With the recession, they adopted a policy in which they no longer made automatic withdrawals. If you wanted to make a payment, you now had to call. A lot of people fell into that trap and didn't make their usual monthly payment. The effect of this was that they made HUGE amounts of interest because of course, interest will accrue. You have to always print your credit and payment history, because even if you make a call when paid, they may deliberately not credit your payment, thus bumping up the amount they are receiving in interest.

These are very few examples of people being dissatisfied with the services of the company. Look out, read, customers' reviews and stay well!

Motivational Business Message

Ethics or simple honesty is the building blocks upon which our whole society is based, and business is a part of our society, and it's integral to the practice of being able to conduct business, that you have a set of honest standards.

Why Choose Cash Call?

Cash Call is a company that provides different services of financial nature. It had helped hundreds of thousands people with their financing needs. Cash Call is offering a different kind of loan products that depends on the applicant's credit.

Only Cash Call brings convenient to the consumers when it comes to application process of loans. CashCall loan applications are processed entirely over the internet, phone and fax and CashCall loan proceeds are wired into the borrower's checking account generally within one day of the initial contact.

It is an advantage to the Cash Call to offer a faster, easier and hassle-free services to the consumers. They are not just offering a convenient application process but they are also offering a convenient payment options - including electronic payments, check by phone payments, and MoneyGram payments.

A Cash Call also gives customers flexibility on their loans. Customers can already pay off their loans at any time with no prepayment penalty. They can keep their loan for a weeks, a few months or for the entire term. They will just pay for the interest on the outstanding principal balance for the time period in which they keep the loan.

Guestbook

  • AmmyMouse May 28, 2011 @ 7:58 pm | delete
    I liked your article a lot. Very good information and it seeams you spend a lot of time looking for information and sharing it with people. I think I'll bookmark your article and show it to my friends. Thank you again.

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marianeandrea

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