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Geneva Roth Cap - Beware of loan shark

Author: Jessica Bennet
Community Mentor
Ask Jessica
Posted on: 28th Nov, 2006 03:32pm
Geneva Roth Capital Inc. which is also known as Loan Point USA ("http://www.loanpointusa.com/" ) is a payday loan company that carries out its own collections. Based at Utah, the company is reported to be a loan shark by several consumers who have shared their experience with the company in our forums.

There have been several complaints so far from customers regarding illegal activities of Geneva Roth. Here's why debtors feel that Geneva Roth is a loan shark:
  • The company often over charges its customers and withdraws money from their accounts repeatedly even after the loan payment is over.
  • The company also keeps changing its contact information due to which customers make repeated calls but fail to get any response from Geneva Roth.
  • Geneva Roth somehow gets access to bank accounts not related to the loan and debits money from such accounts.
  • Even if consumers do not apply for Geneva Roth loans, the company somehow gets access to their accounts and forcefully deposit loan funds without even sending any paper agreement to the debtor.
If you are in problem while dealing with the company or if you need to make an enquiry on your payment, loan balance etc, talk to a customer representative at the Geneva Roth toll free number.

In case you don't get any response from the company, or if they continue with their illegal activities, file a complaint with the FTC, BBB or your State attorney General. And if you'd like to share your experience with Geneva Roth - good or bad, feel free to post it below.
Posted on: 28th Nov, 2006 03:32 pm
I need to contact geneva roth about a payday loan I need a phone number.
I need to get the phone number to Geneva Roth I need to speak with someone in customer service.
Please e-mail me the phone number. Am getting charged from my account.
Posted on: 07th Dec, 2007 08:55 am
Hi,

Their email address is"customerservice@loanpointusa.com" and their phone number is 800-351-8820. You can try this out. Hope that will help you.

Thanks,
Larry
Posted on: 07th Dec, 2007 12:21 pm
this company has taken 90.00 dollars out of my account so far. after reading some of the letters that some have experience with this company, im worried that they will do the same to me. itook out a 300.00 dollar payday loan with them and they withdrawn the 90.00 dollar fee but they did not withdraw the loan amount. please tell me what to do at this point
Posted on: 08th Dec, 2007 04:24 pm
Hello Mary,

I think you have all the documents with you. If they are drawing more money apart from what it was written in the agreement, you should consult an attorney and lodge a complaint against them. If you are cautious from the beginning, then I suppose, you might not have to face the problem.
Posted on: 10th Dec, 2007 02:31 am
I was messing around on my computer last week, applying for loans and stuff. But i thiught i had not completed any applications thoroughly enough to get money deposited into my checking acct. guess what? I called my bank today and i had $300.00 credited to my acct. I am afraid. don't know when or how I am supposed to pay it back. all i hear is negative things asbout this company. EVERYBODY BE AWARE!!!DON'T MESS AROUND WITH LENDING COMPANIES ON THE INTERNET. THEY ARE NOT THE EASIEST COMPANY TO GET AHOLD OF.
Posted on: 10th Dec, 2007 12:16 pm
Hi Melissa,

Where did you apply for loans? is that with geneva Roth? I guess you did the right thing by not depositing the money. But hey, not all online companeis are bad. There are lenders out there who provide good services with an online presence. So, just chill, don't be afraid and go ahead with an online lender only after you've checked out it's reliability.

Take Care
Posted on: 11th Dec, 2007 09:27 am
Geneva Roth Cap also known as Geneva Roth Venture information is: 1338 South Foothill Drive Suite 325 SouthLake City UT 84108, 800-351-8820
Posted on: 11th Dec, 2007 03:22 pm
Hi tomico,

Welcome to this forum.

Thanks for the info. Geneva roth is creating all sorts of problems. So I think this info will help us. I appreciate your effort.

Thanks,
Larry
Posted on: 11th Dec, 2007 03:38 pm
this company will take drafts out of you account and wont return phone calls. Please contact your bank and notify them of their in authorized withdarws.
Posted on: 14th Dec, 2007 12:40 pm
You know lashamnae, i really don't understand how these guys keep on doing frauds. Is there any law against them?
Posted on: 15th Dec, 2007 04:26 am
The phone number to call is 913-825-1200

I just spoke w/ someone in customer service. How it works is this.... You take an advance payday loan of $300. What Geneva Roth is going to do is, they're gonna keep on taking $90 off your bank account every payday "FOREVER" (that's what the rep. told me) until you notify them 4 days before due date that you want to pay the loan you made in full which will total up to $390 ($300 that you borrowed + $90 fee). I didn't know about this rule that they have until I noticed that they've been taking $90 off my bank account for the past 6 months. So for those of you who are wondering why Geneva Roth keeps taking money off your account.... it's because you haven't notified them that you want to pay the amount you borrowed in full. My only suggestion is to call and have them send you a form that you need to fill out letting them know that you want to pay the loan in full. Otherwise, Geneva Roth is going to keep on taking $90 off your bank account every payday "FOREVER"....
Posted on: 18th Dec, 2007 01:30 pm
Thanks Pixie for the information. This forum has really helped me to take the right decision. Great !
Posted on: 20th Dec, 2007 04:40 am
Well Pixie, thanks a lot for providing us with such information. It's very important for those who have dealings with Geneva Roth. The only way to avoid such harassment by the company is to pay the loan in full and prior to that send the creditor/lender a notification that you're prepared to pay off the loan in full asap.

Tess, I really don't know what type of information you were looking for but even then if you feel that the details have helped you take the right step then that's it.

Regards,

Jessica
Posted on: 21st Dec, 2007 10:57 am
i didnt fill anything out , they are charging me , for money that isnt even there
Posted on: 28th Dec, 2007 11:10 am
Hi Faye,

Welcome to the forum.

If you find that this company is harassing you or cheating with you, just file complaints against them in your states Attorney General's office.

Feel free to ask if you have any further questions.

Thanks,
Larry
Posted on: 28th Dec, 2007 02:51 pm
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