Cash Capital

Has anyone ever heard of cash capital I havnt until I got a email and now a letter from them today stating I owe them $1275.00. The letter was a settlement offer for $956.25.I went to there web sight and looked up there information and it had a license there that said they could only issue pdl to residents of Utah (if I read it right). I live in Alaska. I have taken out a couple of pdls but have no knowledge of this one. I have no outstanding loans either. What do I need to do here.? Any answers greatly appreciated. Thanks

Forgot to state the letter I received was from Marval and Associates. The above posted Cash Capital

Well, an email from a collection agency hardly qualifies as a dunning letter. Tell them you have the right to dispute this debt and request they validate it within 30 days of receipt per the FDCPA. Remind them that during the validation period, they must cease all collection efforts until they send you proper validation. Also add in that letter, they are attempting to collect on an illegal debt as the original creditor is not licensed to lend in your state. If I were you, I would go back to that website and take a screen shot of the area that states they are only have a license to issue loans to Utah residents, and attach that in your reply.