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LoanMe

Michael Agruss

Written and Reviewed by Michael Agruss

  • Managing Partner and Personal Injury Lawyer at Mike Agruss Law.
  • Over 20 years of experience in Personal Injury.
  • Over 8000+ consumer rights cases settled.
  • Graduated from the University of Illinois Chicago School of Law: Juris Doctor, 2004.

Do you have problems with over a debt? You are protected under various state and federal laws. For example, you have rights under the Telephone Consumer Protection Act (TCPA), the Electronic Fund Transfer Act (EFTA), and the Fair Credit Reporting Act (FCRA).•The TCPA has been around since 1991 and protects people from unwanted solicitation calls, robocalls, faxes, and text messages. Under the TCPA, you may receive between $500 and $1,500 for each illegal robocall, text, and fax. •The EFTA was established in 1978 and works to protect consumers who use electronic methods of managing finances. Under the EFTA, written permission must be given in order for a company to take an electronic payment from your bank account. •The FCRA was established in 1970 and protects the information in your credit report, among other things. If your credit report contains inaccurate information, the FCRA gives you leverage and rights to dispute the inaccurate information in your credit report. provides personal loans in amounts from $2,600 to $100,000. They also provide small business loans in the amount of $3,500 to $250,000. The company was established in 2012. They employ around 227 employees. They are also known under the name of Cash4Rent. Their offices are located at 1900 S State College Blvd #300, Anaheim CA 92806. became a Better Business Bureau member in 2014. They receive an A rating from the BBB. In the past three years, there have been 42 complaints filed on the company and closed. Most of these complaints were dealing with billing and collection issues, along with issues with the product or service that was received. There are also a total of 26 reviews posted on the BBB website. Of these, 23 of these reviews are negative. The majority of these negative comments deal with high interest rates up to 99% of what is borrowed, withdrawing too much for payments from accounts and similar issues. may be calling you from 844-311-2274, 855-422-7430, 844-956-2663, 844-764-7368, 844-814-7368, 949-535-9151, 949-535-9150You are protected under several state and federal laws when dealing with . Whether it is robocalls or text messages, credit report errors, or unauthorized electronic payments from your bank account, you have rights under the law. Under various state and federal laws, we will help you based on a fee-shift provision and/or based on a contingency fee. That means, the company pays your attorney’s fees and costs. You won’t pay us a penny. We have settled thousands of consumer rights’ cases. Let us help you today.

Submitted Comments

Sydney
8 years ago
I keep getting calls from all over saying my business is eligible for a $250,000 loan. It's a robocall. Different number and city 3 or 4 times a day.
Tricia Werdmuller
6 years ago
I took a title loan through Loan Me to help my daughter at a time of urgent need. This was done using the title of my personal vehicle which I use daily. Normally I add accounts to my Bill Pay through my credit union in order to avoid late payments but, as this was a stressful situation, I had forgotten to add the account to my profile. When contacted by Loan Me regarding the late payment, I told th rep that I would make the payment first thing the next morning. She accepted this and noted it to my account. Two hours after speaking with her, my car was towed from me residence. During the process of getting my car back from the repo company, I inquired on when the order to pick up the vehicle was received by their office. I was told after ten p.m. the night prior. Loan Me will have a person make contact as a "Default Assistant" who will not assist the customer but manipulate the situation.
Al
6 years ago
Issue with LonaMe: Over the past twenty-one (21) months, I’ve paid “LoanMe” close to $7,000 in payments on a $3,100 loan. In trying to pay off the loan today I was informed that the payoff amount was $3,673.39, which is approximately $700.00 more than the original loan amount after paying them monthly payments of $351.09. Anyway, I sent them a payment of $3,100 today to pay off the principle amount that was barrowed. So I’ve now paid “LoanMe” close to $10,000 for a $3,100 loan. Which is over 220% in interest rate fees on a $3,100 loan. Which in my opinion is out outrages and is a total miss representation of the product services that was described to me in my dealings with “LoanMe” when I originally applied for the loan back in May of 2016. What astonishes me about my dealings with “LoanMe” is that I’ve never over the twenty-one (21) months that I’ve been making payments on this loan, I’ve ever received any documentation on this loan, terms of the loan, interest rate being charged and a payout schedule - nothing. Which is interesting, because they state very clearly on their website the following: “Clear information on the cost of your borrowing, including any fees and charges, and our terms and conditions”, which is not true in my case and I’ve asked in previously conversations with their customer service representatives to send me this information. Now some people could construed my position on this as “Buyer’s Remorse” on my part, however I believe this border’s on the definition of “Fraud”. The other thing that is interesting to me is that they have continued to call me today (seven calls and counting) since I spoke with them earlier this morning on what I was planning on doing related to this matter. In fact I even mentioned that I couldn't believe or image that they could get away with this type of business practices in this business environment. So I look forward to hearing back from you on your opinion on this matter!

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