Geneva Roth Cap - Beware of loan shark

Hi Guest,

If you feel that you have been cheated by Geneva Roth, then you should file a complain at the Attorney General's office. You can even take legal actions against them.

Thanks

Hello everybody I am currently in a problem with this company. Back in October of 2008 i looked for these payadvances and not knowing that when you hit the submit button you automatically agree to the loan the next day I see a deposit for 500.00 I called them and told them I didnt want it and they told me they couldnt withdawl it so now were in May of 2009 I have paid this company 1800.00 for a 500.00 loan and just contacted them to have my account printout faxed to me she told they were going to do it now two hours later never got it..... They also took money from another checking account that I had and now its in a negitive balance..... I wrote to BBB what else can I do to get this money back?

Hi guest,

You can block the account from which they are debiting money. You can also contact an attorney and discuss your options with him. There are chances that you'll be able to sue them.

they debited my account and i have any clue who these people are. the phone :( number my bank gave me for this company is suppose to be the customer service number. all i get is a repeated on hold message and after 4-5 minutes i get a busy signal.

Hi Guest!

Welcome to forums!

I guess you must have taken a pay day loan from Geneva Roth. If you had repaid the debts, then they should not debit anything from your account. If they are doing so, it's illegal and you should complain about them to the State Attorney General and the BBB.

Sussane

The deal is that when you apply for a loan ITS A 2 WEEKS pay back...Not four weeks or 4months.. read your contract.. And If you want to cry about paydays stop applying on line goto your local payday where YOU have to WALK inside .... Nobody wants to hear they took my money i cant feed my kids, I cant pay my car well guess what.....everyone is in the same BOAT and if your worried about fraud.. why in the heck you put your personal info out on the web. Im sure if you paid he loan off ON TIME that there would not be in PROBLEM. When you go long then then contract and you DONT pay the loan well that when you get all the crying from people!!! Your paycheck its not going to change so when you borrow 300-500 on a loan and your next pay check cant pay for it DONT APPLY!! sound simple to ME........ A.H

I have applied for a loan through these guys and started paying it off. finances got in the way and informed them the current account would be closed and I would pay them back when I could. I was informed it would be sent to collections, which is fine. I opened a preload card account. Have not used it on the internet. No one has it but yet I have a debited transaction of 400 from this company. Can they do this? they have also been operating with out a license for 7 mo

Hi JCHOLDER,

If the creditor has the details of your account, he can deduct money from it in order to recover his dues. If you've taken a payday loan, then you need to payback the creditor within the given time period. If you are unable to do so, the creditor would try to recover the dues by debiting money from your other accounts.

Thanks

Most people who are dissatisfied with the company are the one's who do not read the contract. I work for the company and I know what the complaints are about. Most of the time clients call in wondering why their account has been debited. We explain that if they had not failed to read their contract, they would know that unless they make good on their previous loan, they can't take out another. It seemes the people who are most frustrated with the company are the ones who think they have the right to free money. That is just not the case. Legally that money previously taken out rightfully belongs to GRV. It states in the contract that by signing this agreement you give us the legal right to withdraw funds from any account bearing your social security # and name until our funds are paid back in full. That type of action ONLY happens if the account comes to collections. So lets be very clear on the issue of GRV not operating lawfully. If the client agrees to the terms of the contract without reading the contract and then defaults on the loan, is it any suprise that our company gets a bad rep. The truth is that most people whom I speak with every day have not read their contracts. In fact I work in collections and I have never had one person tell me they have actually read their contract. We are making a concerted effort to change the quality of our business by adapting a more customer service feel to our approach. We hope this will aide us in a better future with out clients and hopefully a better reputation. Thank you. X

so, "X" you think the whole problem is people not reading their contracts. well, people don't read contracts with auto dealers, mortgage lenders, credit card companies, etc., yet they seem to be able to navigate through all those waters without the frustration expressed in the posts here about geneva roth cap.

now i understand what you're saying, because people simply don't understand finance in large part, and i'm gratified to see that you're trying to be more consumer oriented so that the bad reputation can be eliminated. but i also see unauthorized withdrawals being cited, the change of contact numbers for your company (huh?)...a lot more than what is caused by simply neglecting to read a contract.

This company debited 400 from my mothers account for a loan that I had in July, I am not tied to my mothers account we just have the same bank isn't this illegal??

I agree that it's completely illegal on the part of payday loan company to debit your mother's account in order to recover their dues. In my opinion your mother should file a complain with BBB and your State Attorney General regarding such activities by the company.

without doubt, if you believe you have been scammed, you ought to reach out to the attorney general's office in your state and report precisely what happened to you.

bbb is, in my mind, overrated. that's not to say it would be bad to report to them also, but it won't go anywhere near as far as getting the ag in your state involved in the case.

Whatever your finance requirements, a loan from Sify Finance can always provide you with a competitive quote to provide you with the extra money you need. Talk to a Sify Finance company to discuss your loan requirements and they will work with you to understand your financial needs and will then find you a money loan with the best possible terms and interest rates available to suit your circumstances.

Your finance loan application will be processed quickly and a decision given as soon as possible. Once your finance loan has been approved the money will be transferred to you and you can then spend your money as you wish.


You can contact us through moneyloan @ sify.com


Best Regard
Sify Finance Company.

well i wont' go so far as to suggest that sify loan company is a loan shark, as the title to this thread refers, but i will opine that their's is not a truly professional company - strictly based on the poorly written, nonsensical drivel i see in that advertisement.

the best thing i can say about them (without knowing a thing about them) is that their name rhymes with the newly-renamed syfy channel. maybe it truly is all about science fiction.