Is City Loans fraud?

• Loan Origination Fees: Customers may encounter initial fees related to the processing of their loan applications.
• Monthly Service Fees: Some users have reported ongoing charges for account maintenance or service subscriptions.
• Late Payment Fees: Customers can be charged if they miss payment deadlines on their loans.
• Insurance Charges: Charges may arise from required insurance policies associated with the loan agreement.
• Annual Fees: Certain loan products may carry annual fees that are charged to the customer’s account.
• Balance Transfer Fees: Users may see charges related to transferring balances from other loans or accounts.
• Returned Payment Fees: If a payment is returned due to insufficient funds, customers could incur additional charges.
• Fraudulent Charges: Some individuals have reported unauthorized transactions possibly linked to their accounts.
• Subscription Services: Fees may arise from optional services like credit monitoring that were unintentionally subscribed to.
• Prepaid Debit Card Fees: If users utilize a prepaid card for transactions, associated fees might apply.
• Loan Restructuring Fees: If a borrower restructures their loan, fees may be charged for modifications.

If you see this charge and aren’t expecting it, you have various options.

First, try to contact the cityloans.com via one of the support methods we listed below and inquire about the charge. See if they will refund it and cancel any associated subscriptions you might have.

If the cityloans.com refused to issue a refund or you cannot get in touch with the company, call your bank or financial institution and open a credit card dispute. Record screenshot evidence from your prior conversations with cityloans.com, and use that to open your credit card dispute. Tell your bank or credit card issuer that you do not recognize the charge and do not recall signing up for the service.

If this sounds like too much of a hassle, you can have Chargeback do it for you.

Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.

The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.

Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.

Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company’s terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.