Internet's first get-out-of-debt community - 135,000 members

****If you have settled with the other company for $160.00, from 500.00, why would you expect to get more than what we are offering? All we are asking for is the amount we placed in your account, why do you think that you should not pay it? We are trying to help you, when there is no requirement that we do, then you trash us on various forums?***The account will go to collections for the full amount if you refuse to work with the generous settlement we are offering*****

Ms. *****,

We are in receipt of your letter dated 05/09/06. Your account WILL NOT be considered paid in full.
All the terms and conditions of this loan were met by us. You accepted a deposit of $300.00 into your own bank account for your own personal use, at your request. You agreed to the terms when accepting the money. Since you were a repeat customer, we know you were well aware of these terms. If they were not acceptable, you should not have accepted the money in your account with the intent of non payment under the reasons stated in your letter.

Only one debit of $90.00 was paid before your bank account was closed. Despite your DEMANDS, we will reduce your balance to the $300.00 deposited into your account waiving all fees and bank charges we have incurred due to your account problems and failure to make good on the account balance.

We will give you credit for the 90.00 already rec'd and your balance is now $210.00. You have until 06/10/06 to pay this reduced balance or make arrangements with this department to pay the balance in 2 payments.

If we receive no payment or hear from you regarding payment arrangements, then the account will go back to our accelerated collections dept for the full amount due of $480.00. It can be reported at that point to outside credit reporting agencies.

Please call 1-800-410-5568 to make arrangements.

500FastCash Compliance Department
Fax: 1-800-803-9310
Email: compliancedepartment(at)500fastcash.com

Email made inactive as per forum rules - Mike

Posted: Wed May 10, 2006 11:30 am Subject:

That's funny...lol

Posted: Wed May 10, 2006 11:31 am Subject:

That was nasty! The bold print at the top, was that actually sent to you by the company?

Posted: Wed May 10, 2006 11:32 am Subject:

yes it was, I made it bold to show you guys. They are watching us, know that now. They know where our information is coming from and are keeping track.
HEY 500FASTCASH, please respond to (Tammy) she has had her emails blocked also.

Posted: Wed May 10, 2006 11:40 am Subject:

WOW! that's crazy. Do you see though, I have paid well over and above on my most recent loan with them, and they agreed to mark me PIF...I think since this last loan you have with them was not overpaid, that is why they are trying to get you to pay instead of marking you as PAID...

Posted: Wed May 10, 2006 11:42 am Subject:

Was that on your letter from 500FastCash? Wow, maybe that's why they aren't responding to all of us because they know we know what kind of crap they're up to.

Posted: Wed May 10, 2006 11:43 am Subject:

yeah, I see. I am going to go with their payment arrangements. I'll get it paid off and be done with them. But still, it is interesting to know that they are WATCHING. I know that legally they probably owe me some money from my last loan, but I dont think it does anyone much good to go for it. It will take up my time and money and their time and money, in the end, I'll be out more than $210.00.

Posted: Wed May 10, 2006 11:47 am Subject:

true...glad we're scaring them though!

Posted: Wed May 10, 2006 11:48 am Subject:

Well, Im wondering if we are providing them with information though?

Posted: Wed May 10, 2006 11:51 am Subject:

We probably are providing them with lots of infomration and that is probably why they won't answer some of us. What company are they talking about in the email they sent you that you settled with? Maybe it's another one of their "affiliates".

Posted: Wed May 10, 2006 11:52 am Subject:

Sonicpayday

Posted: Wed May 10, 2006 11:54 am Subject:

Well, honestly that's a little scarey then to me.
Sad

Posted: Wed May 10, 2006 11:57 am Subject:

They have read my post re: sonicpayday

Posted: Wed May 10, 2006 11:58 am Subject:

They did read it or you think they read it?

Posted: Wed May 10, 2006 11:59 am Subject:

How else would they know, as far as I know these companies are not related at all.

Posted: Wed May 10, 2006 12:00 pm Subject:

Either there is a connection or they are reading this site. Well if they are reading this site, they know we are on to their illegal means and we are not going to stand for it.

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