How does this letter sound?

I sent it to the 800 number I posted above -- this is wwofford, but can't seem to get logged in at work ! I rec'd a call from a guy in Collections for Global Financial...called and confirmed they were Cashnet, then asked for their FAX.

FAXed the letter to Mr. John Camaro, the guy who called me at work. Haven't heard anything...maybe tomorrow -- although he said he'd be at work until 600 EST.

Called the 800 number for Cashnet collections...told them that I did not wish to be called at work regarding this matter, but that I did send Mr. Camaro two letters. Indicated that once he read them, he or an associate were more than welcome to e-mail their response.

Haven't heard a thing back, but the guy on the phone I DID speak with said that the calls would continue until I made an arrangement to pay off the amount due.

I immediately came back to my desk and fired off a nifty memo stating that FDRCA he could no longer contact me at my place of employment and that all correspondence should be via e-mail or US Mail.

Told them that if this harrassment continues, I will report them to Texas AG, their state's AG, and FTC, and the BBB. So far, no other calls !! We'll se what Mr. Camaro has to say when he responds to "the letter."

I am hoping that I will prove to be too much hassle to bother with for $100 owed on one loan and $200 on the other and they will just write me off and put me on no-loan status. Fine by me. If not, will put them on my T&C plan today and see if they can make some headway.

Anyone had luck with using "the letter" on Cashnet or any affiliates?!!?

This is wswofford...can't get logged in for some reason!

Anyways...am tired of fighting to get Cashnet500 to zero out my loan, so made a settlement with them via phone over lunch. Balance they showed me owing was $175, but they settled for a one-time payment of $100 on 5/19. The gal's name is Keisha and she was actually very nice and easy to work with.

All in all, can't complain too much:
They won't be calling me anymore...and I'll have them paid off by mid-May for good! Now I need to call Mr. Camaro w/the other one I have w/Global and see if he'll be so easy to work with.

YAY! Keep us posted! I'll cross my fingers for ya!

this letter seems to entail the state laws of texas and probably will be useful to me. i have payday loans out with ameriloan and magnum finace which i know the second company is located in deleware. i am glad i found this site, because i cant tell you how many sleepless nites i have suffered as a result of worrying over my stupidity from dealing with these scam artist. i have contacted my bank and had them to stop all future ach's on my account with these companies,, if anyone else has some advice for me please post.

thanks

Hi bambintx

You have done the right thing by putting a stop payment on the debits that will be made in future. I will suggest you to block the id of the payday loan company so that they cannot debit using different figures. Talk to your bank and block the ID. This will be more effective than the stop payment.

Sometime later, the payday loan company will contact you for the payment. Arrange a payment plan with them so that you can clear off the debts.

I am entering debt consolidation with my pay day loans and I have everything I need except 2 of the companies contact information. The companiys info that I need is. Global Financial Services Intl(GFSIL) and VC Funding. Does anyone have these?

Put a search in the BBB for these companies. You will get their contact information. http://search.bbb.org/ I found many companies with similar names. Not sure which one you are looking for.

Just got a call from someone there that was very nasty. I think this letter will help me a lot. If anyone knows the laws of Indiana please help me. I went to the site with the laws for my state, but it sounds confusing to me. I just need someone to help me word it correctly.

Thanks in advance

Im keeping this letter to use myself since I reside int Texas, I have not paid back what I borrowed and I wouldnt have a problem if the balance went down with each payment but it doesnt actually the one that I took out through GFI does do just that first payment was 80 second was 75 nd it goes down from there but they will have to deal with T & C after tommorrow after I sign up with them,

good for you T&C will help you

So if I go by my state law here can I contact them and let them know that I will not pay more than the law here allows?
And see what happens, Example one loan is 200 original and I have paid on it fees of 155 and the other one was 300 and I have paid 180 I would pay the remaining to them but the fees are what kills me

I am in the process of sending all my PDLs a letter asking for my account statements. I closed my account last week, but I haven't received a past due notification from Geneva Roth or SJM Marketing so that I could get an address or fax number on them. Does anyone have any information on them?

Kenthia

Check the original topic started by you. A reply has been posted there.

Thank you very much.

I will try writing letters to mine.