Cash Advance Network

What state are you in? Please let us know so we can better assist you. CAN is illegal in most states if not all states. They are part of MTE.

I had a loan with Cash Advance Network that was being serviced (paid down to $200.00) when defaulted on. They sent it to collections. I then set up a deal with their collections department paying half of what I owed for two periods. ($178.00 per pay period). The first payment was direct debited. The second and final one was supposed to come out on 8/1/09.
However, prior to that I received a call from collections representing them. They threatened to have me put in jail, have my credit so ruined I could not rent an apartment, talk to my employer, and contact my references. They are claiming I owe $1100. When I asked them to confirm the dates of the loan they could not produce any information except that it was in September. I never took a loan out last September. They then promised I would be arrested or worse. Needless to say I will never get another pay day loan under any circumstances. These folks are nothing but loan sharks with thugs doing their collections.

I recently stopped paying on my loan with them. Received a phone call today from them.
I asked for their mailing address which was refused and then I asked for their Pennsylvania
State Banking Department License Number. Collector said he didn't know what that was or
where he could find it. Google Pennsylvania Department of banking and search the various
entity listings, especially credit services. You will not find them, nor will you not find most all of such companies licensed in Pennsylvania. Report them to the State. Oh, by the way, the State License is to be publicly displayed in their office and the license lists the
year of issuance and the license number.

The purpose of a payday loan is to get you through to the next paycheck. If you borrow money from your own bank they won't loan to you, but you can get a cashadvance loan when you need it if you pay off the balance on your next pay like your supposed to you wouldn't be having problems!!! It's funny how everybody on here is looking for all kinds of legalities after recieving the money when needed. Just like a credit card if you make minimum payments its gonna cost you more to pay back learn how to manage your debts

So what illegal company do you work for? Does your illegal employer pay you to post lies on this website? Must be scared if they have to have their employees to do this.LOL

Does anyone have an address for them? I got an email today stating they had been trying to reach me by phone and if I didn't call them back they would send me to collections. I have not received any calls from them...if they did call they didn't leave a message.

I just received a call from an Ashley Randolph from ARM regarding my loan i had sent CAN a c&d letter and i also stated to Ashely that I am only responsible for the principle and she said that i signed a legal and binding document that i have to abide by the laws where the loan company is. my loan was for $500.00 i paid $150.00 on it. She said I owe them $800.00 but they will settle for $560.00 if i dont call back by the end of the day today they will go forth with the collection process. WHAT SHOULD I DO NOW.

Tell them they are required by federal law (FDCPA) to send you a dunning letter (letter of collection) via the mail within 5 days of their first initial contact with you and you will be monitoring them to make sure they comply with the law, if they continue to call and harass you after you tell them this, file a detailed complaint against them with the FTC. Never admit to owing a debt to a voice on the phone, always ALWAYS demand documentation before ANY negotiating begins, even then, it depends on the legal status of the collection agency and original creditor.