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Posted: Fri Apr 25, 2008 6:11 am

This is the response I received from US FAST cash when I told them 2 weeks ago that they were illegal in Michigan and I was willing to pay the balance owed of what I borrowed only.

Dear :
APP ID-1148480XX
We received your recent communication in this department. The terms and condition are available from the website from the time of application, and there is a 48-hour window of in which to cancel the agreement and return the funds without incurring any fee. In addition before each debit an account summary is provided to you; which also summarizes the terms once more and all the options you have for repayment. We can fax a copy of your loan documents for your review. We can assist you with your account.

Your current balance is : $585.00 in collections
We can offer you a one time settlement of $120.00 (giving you credit for the $270.00 already paid toward original agreed balance of $390.00)*******THIS WOULD PAY THE ACCOUNT IN FULL***

This offer is good and must be paid by or on 05/02/08 only. ****YOU MUST CONFIRM WITHIN 48 HOURS*****
This reduced balance must be paid by Moneygram, as directed below. THIS OFFER CANNOT BE PAID VIA ACH DEBIT-WE HAVE STOPPED ALL ACH DEBITS TO YOUR ACCOUNT**You may also pay via Credit or Debit card called into 1-800-635-6206.

MoneyGram Instructions: Call 1-800-926-9400 for a location near you, or at most Wal-Mart's
Pay To: USFastCash
Receive Code: 4307
City/State: Miami, OK
Account--114848093
Please respond to this email and let us know if you will be taking advantage of this offer, otherwise the account has to continue per the contract at the full amount now owed of $585.00 in collections.

USFastCash Compliance Department
Fax-1-800-470-6614
compliancedepartment (@) usfastcash.com

Confidentiality Statement & Notice: This email is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521 and intended only for the use of the individual or entity to whom it is addressed. Any review, retransmission, dissemination to unauthorized persons or other use of the original message and any attachments is strictly prohibited. If you received this electronic transmission in error, please reply to the above-referenced sender about the error and permanently delete this message. Thank you for your cooperation.

Posted: Fri Apr 25, 2008 6:17 am

how much do you owe them again?

Posted: Fri Apr 25, 2008 6:45 am

I originally borrows $300 with a fee of $90 making it $390 they are claiming that the total amount is $585 but they are willing to take $120 because I have already paid $270.

Posted: Fri Apr 25, 2008 6:48 am

you owe them 30.00.they are illegal,not licensed at all.it's up to you,they like to spin things there way.bottom line,you owe what you borrowed from them,nothing more.that is 30.00.

Posted: Fri Apr 25, 2008 8:47 am

I sent Geneva roth and email telling them their loans in the state of Michigan were illegal and I received a call and was just told by Geneva roth that they are licensed under Utah law and since I came to them this was an unsolicited loan and the terms of there contract stand and I need to pay what I owe and if I want to send them $260 (the original loan) to pay off the loan I can do so other than that they will continue to charge my checking account an extension fee. He told me the payments I made don't matter because they were only extension fees. what should I do now?

Posted: Fri Apr 25, 2008 8:52 am

that is what I originally told them that I had paid $270 and I only owed them $30. I am going to send them the $30, if I can get a mailing address and make a note of it. Thank you.

Posted: Fri Apr 25, 2008 9:06 am

i don't know if MI is a state where if they are licensed anywhere then that counts.someone should be along to answer that.

Posted: Fri Apr 25, 2008 9:25 am

To: USFastCash Compliance Department
Subject: Re: Account Settlement

US FAst Cash is unlicensed and I have paid you $270 on a original loan amount of $300, I am going to send you $30 via u.s. mail and my account should be listed as paid in full. Please forward your mailing address, I will not send any payment western union or moneygram.

USFAST cash response
Your account will now continue in collections per the agreement. We will not respond to any further emails or demands. If you mail in 30.00 your balance will still be 555.00, and we are the original creditor, you will be called by our collections team, as soon as today. Thank you.

Posted: Fri Apr 25, 2008 10:18 am

did you file AG complaints?if not file asap.

Posted: Fri Apr 25, 2008 11:06 am

I did file with the BBB but will go to the AG of my state and see how to file a complaint.

Posted: Fri Apr 25, 2008 1:44 pm

I got the same BS from UFC. I owe them $30 as well. I have reported them to their processor. My AG is now working on it as well. I am going to call their bank to try and find a mailing address. Good luck and keep us posted.

Posted: Fri Apr 25, 2008 4:22 pm

Maybe we should file a complaint with OK AG. USFastcash owes me $225. I filed complaint with OH AG and that did not help get me a refund. I think Ohio is too busy with other complaints, i.e. foreclsures, to care too much about internet pdls. Mailing address in Miami OK is on an Indian Reservation. I think someone is renting area just like they rent banks. Just thinking out loud.

Posted: Sat Apr 26, 2008 5:57 am

your thought is right,they do pay to have that
address in conjunction with the reservation.
it makes the complaints slower to resolve,but
alot of us me included stuck with it and won
in the end.

Guest · Posted: Sat Apr 26, 2008 7:17 am

Could one assume that even though multiple PDLs have the same address, they could be just "renting" the address from the reservation for whatever reason? I was going on the premise that the same address meant the same company? If I am reading your post correctly that is not the case.

Posted: Sat Apr 26, 2008 9:35 am

not exactly,as far as i know.MTE is the only pdl
that uses that guise.some overseas pdl's have
a p.o. box in the states but there real address
is in the UK,IRELAND,OR MALTA.so as far as the
indian reservation goes,i think MTE is the only one.

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