24/7 Cashline

Business review: 

These guys contacted me recently offering me a £1400 loan over a 24month period repaying £75 per month. As I was in some financial difficulties at the time I took them up on their offer. Everything was in place but they firstly requested £75 for first month before loan could be transferred.

I agreed but the funds werent transferred. I then called back and was told they could not be transferred to another £110 was paid for administration charges. I reluctantly paid this in good faith. Naive I know but desperate also. At this stage I was in too deep. This carried on for another 3 payments, 5 in total, each promising that this was the last stage of my process.

When they demanded a 6th payment of £50 for a guarantor I then realised I could not go on. I tried to cancel and they requested a cancellation charge of £55. I agreed it could be taken out of the £350, but this was not an option for them and had to be transferred again via Moneygram method although there was no way I was going to take the chance again. I simply couldn't afford to. I feel badly let down because I was vulnerable. I am now in stages of seeking reimbursed. I have contacted police, consumer direct who have also notified trading standards. I have sent a letter within 14days and at present am seeking a response. I guess its been a learning experience

Business name: 
Business location: 
Business category: 

Add new comment

Suspicious review?

Is this review about your business?

Is it or false or misleading?

We take false content extremely seriously. 

Click here to learn more.

Popular reviews today

Long story short. I bough pair of trainers 2 weeks ago (52£ including delivery...
Read this review.
I would recommend you stay away from this company - paid a deposit to secure a...
Read this review.
I had to call on the Able Group because it was a Sunday and my bedroom window...
Read this review.
My parents have spent over £20,000 to employ, Greenway Home Improvements Ltd to...
Read this review.
Avoid this building company at all costs. In our experience we have found they...
Read this review.
I have never written on any forum before, but my experience with Anglian has...
Read this review.