I was skeptical, but I did apply for an online loan and the next day $49.98 was deducted from my checking account in the form of a check payable to Dynamic Online Solutions. When I called the customer service number listed on the check, I was told that Kryptonite Credit authorized this withdrawal. I was told that the money could not be refunded, but that I could cancel my membership and received cancellation #347489288.
I never authorized Kryptonite Credit to withdraw funds from my account.
In reading complaints from others, I see this is a common practice by Kryptonite Credit. It makes it very difficult for those already experiencing financial problems to have un-authorized and unexpected
withdrawals from their accounts.