FSM Processing, United Federal Bank, and Jail?

I received calls from this same company, they know my SS# and work place. They threatened to come to my work and arrest me if I didn't pay them $925 by 3pm today...when my loan was for $200. I was forced to close my account for other debt related reasons so the loan never got paid off. Should I worry about these people? I contacted the collection company (Plaza Processing) that United told me referred the account to them. I have not recieved a call back from them as of yet. What should I do?? I WANT to pay this off, but am afraid of other legal consequences now....and these people at United do NOT speak clear Engligh - it is very hard to communicate with them. Then they hang up on me when I say that it is impossible for me to pay them the entire amount right then.

I received a similar call from a man named Andrew from Andrew Harris and Associates who was threatening me with check fraud and stating charges are being filed against me, I'll have wage attachemnt, etc. I responded to him by telling him that it is illegaland in violation of the FCRA to make empty threats such as wage attachment-which is illegal in my state (PA), and that pressing criminal charge is a bogus threat-he hung up on me and when I called him back-he hung up again-read the FCRA-fair credit reporting act

Wage attachment is something different from wage garnishment. Go through this topic for better insight-

http://www.debtconsolidationcare.com/forums/levy.html

You can cancel wage attachment if you wish. Send them letter through certified mail with return receipt requested to cancel voluntary wage assignment/attachment whatever.

I obtained a loan from these people. I don't have a number for them and I want to pay them back. This last week, they took $110 for a $200 dollar loan!!

Rio Resources,
LLC 515 G SE
Miami, OK 74355

You can also search BBB website for more details.

Today I recieved a similar call. They have taken more than the loan amount in interest from my account because I didnt pay the loan off. The bank closed my account. The man whoi called said he had paperwork to dowload to the state at 12pm unless I payed double amount via Western Union. He said if I didnt he would download this to the state on Fraud charges. I asked for the number to conatct the loan company to set up arrangements and he did not provide any. Is this real.

Anyone who tells you that they're going to initiate a criminal action in your state for fraud, when you took out a loan and they've already been paid more than the amount of the loan, is blowing smoke. Tell them to go ahead and file their complaint.

(1) In order to file a complaint, they'd have to appear in person before a magistrate where you live and swear to the facts under oath.

(2) Proof of fraud, in either a civil or criminal context, requires evidence of a misrepresentation of material fact by one who knew, AT THE TIME the representation was made, that it was a false statement; that he lied intentionally with the purpose of deceiving another person to the detriment of the latter, and that the other person was in fact deceived and did suffer a legal detriment. So they'd have to prove that at the time you made the loan, you knew you had no intention whatsoever of ever paying it back.

If the bank account information you gave them was correct at the time of the loan, and you authorized them to take money out, and they did so in amounts greater than are authorized under your state law, it wasn't you committing the fraud, it was them. When they took money out of your account in excess of your lawful authorization (amounts greater than allowed by law in your state are not "lawful"), that was wire fraud. Go tell the police; take a copy of the statute and your bank statements with you.

I initially agreed to a cash advance with a different company months ago and received those funds. The following day another company, FSM deposited more funds into my checking account without my verifying so. They claim I agreed to their terms, when indeed I never signed up with their company. I received an e-mail from FSM Processing that the funds were disbursed into my account. I contacted them and asked where they got my information and that I did not sign up for their services. They said they got my info. from a 3rd party site and that the contract I signed with the OTHER company was binding and that the contract applied to their application process also. I was on hard times fighting for custody of (my husbands) children and accepted their terms ONLY if their documentation was either faxed or e-mailed to me. After several attempts, and 8 days later, I recieved only a ONE page contract and no further information. I made several phone calls to get them to give me more information, but they claim they could not send anything further because the terms and agreements were just that of what I agreed to on-line. I lost my job in May 2005 and was unable to pay them (only 1 month after my initial "agreement") and here it is May 2006 and I can not get anywhere with these people. I too received the threatening calls and harassment. Thank GOD I am not alone. I have not been able to find any contact information for FSM and even if I do, I'm sure I'll get the run around just as you have. This is insane. I'm curious as to what TEXAS lawsuit you are talking about. Any information is helpful. I too worked for the District Attorney and know what steps I need to take and I will. Thank you all for your stories. I know now I am not alone.

Fsm processing can be reached at 1-866-516-9300. Talk to Kathy Reynolds at extension 224. I am quite surprised with the way some companies are doing their business. In your case, I understand that you gave your info to some company online and they passed it to some other company who also deposited money in your account. This is like you applied for one amount and the company from other sources deposited double the amount. This further adds up the interests and all other charges. This is purely illegal business and these things should be reported to the AG's office in your area. Your privacy is the main concern and the companies are passing it to others without your information. You must also file your complaints at the FTC and the BBB for immediate actions.

I've had the same calls from Sam Cobb and Fred Lawson about payday loans. I intend to pay my loans off but am strapped for cash after my account has been drained by their finance charges. I keep getting the calls from this company - they say they're representing United Federal bank and FSM Group, ASAP, and ACCESS Processing.

So do these companies actually issue the loans then? And why can't they give me the pertinent information about my loans and accounts? Sounds kind of curious to me.

George

George

The federal laws state that the CA should send the details of the debt in writing. You can legally refuse to pay them until they have validated your debt. Send your letter through certified mail for proof of your actions.

How can I get in touch with someone from this so clled FSM Group? For the past 6mths I have had money withdrawn from my account in the amount of $110. That's happening every month.

Seems that this "company" represents many PDL companys. I've gotten way too many calls from the same place about my pay day loans, all with the same threats as mentioned here. Seems like everytime I ask for a number to call back I get a different number. But each time I can talk with this Sam guy. I've asked for some kind of verification/account paperwork each time I called but I have yet to receive it.

affidavit @ Tupscorp.com for PayPal purposes
or Pay Services for Western Union

Really seems "scammish" to me.

904-685-5008 Sam Cobbs
407-574-2413
305-433-8367
732-203-7708
321-206-4136 Daniel Lopez, Fred Lawson

Seems that this "company" represents many PDL companys. I've gotten way too many calls from the same place about my pay day loans, all with the same threats as mentioned here. Seems like everytime I ask for a number to call back I get a different number. But each time I can talk with this Sam guy. I've asked for some kind of verification/account paperwork each time I called but I have yet to receive it.

affidavit @ Tupscorp.com for PayPal purposes
or Pay Services for Western Union

Really seems "scammish" to me.

904-685-5008 Sam Cobbs
407-574-2413
305-433-8367
732-203-7708
321-206-4136 Daniel Lopez, Fred Lawson

I owe for payday advance. Today I got the first call to pay my payday advance in full or someone would be sent to my home of job to arrest me for check fraud. I tried to make arrangements, but they want $500 today, which I don't have. Each time I ask to make a payment plan, they threaten to arrest me. Can I do that? What can I do?

They will not arrest you or file fraud charges. This is a very common threat from the online lenders. They think they can break the law and get away with it. Don't let them smell the fear. If they get a sense that you are scared they will feed on that. Be strong, stand your ground and let them know you are the one in control. If it is the collection agency you are referring too, send them a debt validation letter certified mail with return receipt along with a cease communication letter but be sure to state in the cease communication letter to only communicate with you by USPS only.