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Posted: Mon Jan 29, 2007 9:02 am Subject: Cashnet500 & CTC

I have 2 loans, Cashnet500 was for $350...Paid $405 in fees. Told them this was paid in full since they don't have a license in FL etc....now being asked why I feel this was PIF. Where can I find info to send them on the Florida laws...what do I say?

CTC- I have revoked my wage garnishment via email...they are emialing my boss, supervisor & everyone for this...what do I do?

Please help.

Posted: Mon Jan 29, 2007 9:16 am Subject:

Check out this link for CTC, several people on this site have had problems with this company.
http://www.debtconsolidationcare.com/settlement/about21672.html

Also this website paydayloaninfo.org will give you the laws for florida. You should send them a letter stating the florida laws and also file a complaint with the Attorney Generals office.

Posted: Mon Jan 29, 2007 9:19 am Subject:

Here are the payday loan laws for Floriday.

Posted: Mon Jan 29, 2007 11:27 am Subject:

I have been called again this time by someone from Global financial, which is the same place. Asking me why I think this is PIF, what do I tell them? I can copy this info into my reply email...is that enough? Paid $405 on a $350 loan already.

Posted: Mon Jan 29, 2007 12:01 pm Subject:

Florida law does not allow rollovers. So if the loan had been done according to the FL laws, Your 350 loan should have cost you about $52...so your payoff should have been $402.00. So they should consider your account PIF. I would defiantly copy the Florida laws in your reply and also let them know you will be getting the FTC and the Attorney General involved.

Posted: Tue Jan 30, 2007 12:01 pm Subject: Cashnet500 email

I sent the email yesterday regarding the Florida laws and how my account was PIF, and Mr. Atkins replied with...."we are not in Florida, so we don't have to follow Florida Laws"! Now wat? I also received an email saying I need to contact them to make a payment on my account because they've had trouble with my bank accoung....an account I closed in December.

Posted: Tue Jan 30, 2007 12:36 pm Subject:

I've been dealing with cashnet500, and they are a hard one. I've filed a complaint, and my state (Oregon) is investigating them. The head guy at the licensing office in Oregon even called cashnet500 on my behalf and they didn't care. They refused to mark my loan PIF. They actually told me that since they are licensed in Utah, and Utah's laws allow them to lend in other states, so they were fine. Who ever heard of one state making laws that apply to other states?

But the good thing is they haven't called or bothered me since. I got one generic email saying there was a problem with my checking account and that was it . . . . It's been almost 2 months.

Posted: Tue Jan 30, 2007 12:59 pm Subject:

I just filed an online complaint with the Forida department of Financial Services. Where do I go to file a complaint with the AG for my state, does anyone know?

Posted: Tue Jan 30, 2007 1:00 pm Subject:

I would check out your state's .gov site . . . It should have a link to the AG's page there.

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