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 Posted: Wed Jun 06, 2007 5:12 pm Subject: Cashnet USA and T & C |
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I got an e-mail back from Cashnet USA. My loan is due Friday for $200 and the accout is closed. I sent them revocation of ACH authorization and wage assignment revocation just in case. I am starting with T & C on Friday also when I send my first payment. The e-mail from CashnetUSA asks me to call them to set up "acceptable" payment arrangements or ALL collection activity will continue. I know that T & C will be proposing $20 per month but should I call them? Should I tell them I'm working with T & C and have them wait for the proposal? I doubt they will accept the same proposal from me over the phone. Or should I just call and see what they have to say. I don't want to propose anything until T & C contacts them. Any advice? I know some of you had the same experience.
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fastcheese
Joined: 19 Jun 2006
Posts: 57
Debtcc Points: 2359
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| Posted: Sat Jun 23, 2007 6:02 pm Subject: t&c |
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I too am going through T&C. I think if I were you I would let T&C handle this for you, that is what you are paying them to do.
ladybug
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ladybug
Joined: 29 May 2007
Posts: 2709
Debtcc Points: 24625
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| Posted: Sat Jun 23, 2007 6:05 pm Subject: |
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I agree. If you are paying hard earned money to a company to work for you then let them work FOR you!
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bflow30
Joined: 15 Jun 2007
Posts: 521
Debtcc Points: 8274
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| Posted: Sat Jun 23, 2007 6:07 pm Subject: |
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Be careful with Cashnet...they will probably reject your T&C proposal plan but accept 20 bucks a month from you personally. Dont ask me why they do this, they just do. Just monitor your bank account and make sure they do not go ahead with the ACH debit!
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Leah
Debt Samaritan
Joined: 04 Mar 2007
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| Posted: Sun Jun 24, 2007 8:32 am Subject: |
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As it turns out, CashnetUSA did reject the $10 per month proposal from T & C but I agreed to have T&C send them $25 per month anyway. CashnetUSA already told them they will not accept that either but want $65 per month, which is a fourth of the total. I can't do this amount so I will just pay them the $25 per month. It's all I can do. I know T&C already sent them a payment. How long before they show the payment is applied?
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fastcheese
Joined: 19 Jun 2006
Posts: 57
Debtcc Points: 2359
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