BIG-int calling about a 2 year old loan!

I had a loan with BIG-int sometime in 2006 - I wasn't keeping good records at the time, so I don't remember exactly when I took it out. It was for $200. I made some payments, and then got overwhelmed and ended up in NSF hell for a while, and had to close that account and open a new one. Their payments bounced for a couple of pay cycles and then the account was closed, and I heard nothing more from them.

Until last Friday. I made the mistake of answering a call from "Private Name/Private Number". It was BIG. They claim I now owe them $1,500, and they're threatening to call my boss and also send papers for wage assignment to my HR.

I know they're illegal, and under FTC investigation, and have numerous BBB complaints, etc. And I know Virginia law (my home state), and they are obviously unlicensed and their fees and practices violate just about every point in the VA payday loan laws.

And I did make payments back in 2006 - I'm sure I paid the $200 back (but of course I was just paying the rollover fees).

So what do I do, today, to prevent them from harassing my boss and co-workers (as I've seen in these forums that they routinely do) or trying to get a chunk out of my paycheck straight from my employer?

Should I email or fax them a cease and desist/revokation letter? Would that do any good, considering they're knowingly breaking the law about 20 different ways to start with? File a complaint with the state of VA? Any thoughts?

i would get a WAGE ASSIGNMENT REVOCATION letter to your HR or payroll person.i would also let your boss and co-workers know about it.have them say you quit a while ago.they are under investigation.that is why you should file an FTC complaint first.let them know that despite the charges against them they are still illegaly collecting.do not answer the phone at home if these cretins call again.file the FTC complaint asap.they need to know that these idiots are still acting illegaly despite the action taken.

You do need to immediately fax them a wage assigment revocation letter...plus you might want to give a copy to your payroll department telling them you were defrauded or something like that.

You do need to immediately fax them a wage assigment revocation letter...plus you might want to give a copy to your payroll department telling them you were defrauded or something like that.

Thanks for the advice!

I do have a further question, though. I never actually SIGNED a wage assignment - it was only agreed to verbally (they don't do anything in writing, which in itself is one of the many violations they commit). I'm afraid that if I send them a revocation letter, it could be taken as an admission that I DID at one point grant them permission to assign my wages, or an admission that I owe them the $1,500 they want, etc.

What do you think about that?

revoking a wage assignment is no admission of anything.this is an illegal pdl and wage assignments are totally voluntary.they can be revoked at any time.

Thanks again!

I actually have two letters I've written, if anybody would care to take a look and let me know if they're OK.

The wage assignment revocation letter:

Dear Sir/Madam:

I hereby revoke your right to use the wage assignment in the matter of the loan I received from your company in 2006.

Further, any wage assignment is invalid in any case, as it was not obtained or executed legally, per Virginia state law and U.S. federal law.

Thank you,



The general cease and desist letter:

Dear Sir/Madam:

Your company, B.I.G.-int, is unlicensed in the state of Virginia, where I reside, and have resided since 2006. All companies making loans to Virginia residents, regardless of where they are located, and regardless of the laws in their location, are required both to be licensed in Virginia, and to comply with Virginia laws.

Virginia has specific laws regarding payday loans, including limits on interest and fees, number of rollovers, collection practices and other requirements that lenders must comply with (Virginia Code, Title 6.1.444-6.1.471, relevant portions attached with this letter). Your company has violated all of these requirements and limits, and thus is in violation of Virginia law.

I demand that you immediately consider my account “Paid in Full” and close my account out, and cease any further activity concerning me or my account. I revoke my permission to contact me via telephone. You may only contact me via email or via written mail. I revoke my permission for you to speak with anyone else concerning me or this account. I revoke your permission to debit any account of mine, or any other account, with regard to this loan.

Thank you,

And I've also attached in the cease and desist letter the specific text of the Virginia laws they're in violation of.

What do y'all think?

looks okay.now send those out,but also file an FTC complaint.they are the ones who bought the charges against this and other pdl's in the UK.let them know that this illegal overseas pdl is still trying to collect on illegal loans.