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Posted: Wed Jun 04, 2008 8:48 am Subject:

I finally got things straight with them last week. I only legally owed them $15 and re-threatened them with the bbb. They sent me an email saying they would consider it pif if I would send them the $15 via moneygram. I went ahead and sent it to get them off of my back. Even though I had to pay for the moneygram, it was worth it to me. Now I have two down and two more to go!!!

sedi · Posted: Fri Jun 06, 2008 6:04 pm Subject: Me too

This company sent an ach for 390.00 from my checking account and i dont do payday loans ever!!!! I called my bank and they will give me the phone # information after to clears because at this point they said they cant stop it, which is junk but it will get reversed.

DONNA DEE · Posted: Tue Jun 17, 2008 7:58 am Subject: ALMOST RIPPED OFF $155.00

I CAUGHT THIS THE DAY AFTER THEY TRIED TO TAKE THE MONEY OUT OF MY ACCOUNT. I STOPPED THEM DEAD IN THEIR TRACKS. I CONTACTED MY BANK, PUT A HOLD ON ALL MY DEBITS, AND CHANGED MY BANK ACCOUNT NUMBER.
NUMBER ONE RULE: DON'T EVER USE ANY PAYDAY LOANS ON THE COMPUTER, THEY SELL THE INFORMATION TO ANYONE THAT WANTS TO PAY FOR THE NUMBERS.
THE PHONE NUMBER IS 1-888-265-5074, THE LADY I TALKED TO WAS VIRGINIA, SHE WAS A TOTAL B_ _ _ H, TELLING ME THAT SHE COULD TAKE ANYONE'S MONEY AT ANY TIME.
I HAVE FILED A FRAUD REPORT WITH THE FBI TRYING TO CLOSE THEM DOWN AS SOON AS POSSIBLE.

pmburk · Posted: Tue Jun 17, 2008 9:10 am Subject:

Definitely email William Mashburn! I have another thread here titled "Loanshop Questions." I had filed complaints with the FTC, BBB, and AG, and emailed William Mashburn yesterday. This mornign I have an email from Brad Weathers bweathers (@) ltsmanagement.com, with a CC to William Mashburn, that they are writing off my loan if I just sign and return the release!!!

S.L.

I was struck. Several years ago, I was sucked into the cash loan vacuum. At the time, I was never smart with my money and found myself in one financial bind after another which just snowballed when I began taking out cash loans. Since then, I've paid them off and thought that bad time was in the past.
Flash forward to today... I have a much higher paying job and a new checking account. However, my car suddenly needed massive work and instead of turning to credit cards (which I worked hard to pay off), I decided to use my checking account. The payment left me a little in the mud. So to have some extra cash in my pocket, I decided to do a payday loan... knowing that I could afford to pay it back with my next paycheck. I filled out an app with a website who will send it to several lenders. I received several offers (of course- these people know they're making tons of bucks off of us) and settled on one with a company I thought seemed professional and organized (and most of the these places ARE NOT). I was approved and the funds were deposited in my account earlier this week.
Yesterday, I noticed a strange debit in my account for $400 which left me in the negative. I was bomblasted by this and spent the entire morning on the phone with the bank trying to determine who the charge was coming from and attempting to get help from the bank (they could do nothing...). Turns out the charge was from Loan Shop Collections. I had absolutely no idea who this was. All the bank could tell me was to wait until it posted, go to a branch the next day, file an affidavit, research will be done to prove it was fraud, and then I might have my money back in the next 2-3 weeks.
I did research all day yesterday. I finally went to the Better Business Bureau and found out that Loan Shop Collections actually is associated with a company known as XPress Cash... and this was one of the places I took out a loan from several years ago.
I have determined that this must have been a cash loan that fell through the cracks when I was attempting to pay the many I had off (yes, I learned a VERY hard lesson back then). When I recently filled out the application for a new cash loan, they must have received it too, saw that I was an old customer who owed them money, and sent the charge to my bank account.
Now... if I did indeed still owe them money, of course I should pay them back. HOWEVER, the original contract I signed would have stated they could debit my OLD checking account (which has been closed for over 3 years). I never re-signed a contract with them while I've banked with the new institution... nor did they ever contact me to warn that they found me and needed authorization to debit the new account number they found (which I would have then said 'Payment plan?'). Instead, they just routed the debit to my bank and today it posted. My mom helped me out by depositing funds yesterday to help cover the negative balance and cover a check and a debit that hadn't gone through yet... and she saved me from multiple NSF's.
I still plan to file a grievance with my bank. I also filed a complaint against XPress Cash with the Delaware BBB. While I don't deny that perhaps I owe them money, they NEVER had the authorization to take it out of my current account... nor did they contact me. I am livid and $400 short. After doing some research, I realized that what they did was illegal. They cannot
access a checking account without authorization... and again, I was using a different bank and account when I used them as a lender several years ago.
So there you go. Loan Shop uses a few other names as well. Most likely, if you did take out cash loans in the past, you wouldn't recognize the name 'Loan Shop' as you probably received money from another of their names or partners, like XPress Cash.
I called an actual 'The Loan Shop' in Midland ,TX yesterday to see if I ever had an account with them. They confirmed that I did with XPress Cash. I then left a message with an account manager they forwarded me to asking that she call me back immediately concerning an old account. I'm still awaiting a call back.
I'm determined to get the full amount back and instead set up a payment plan with them. They had no right doing what they did... and this week I've learned yet another lesson: Even though I know I'm now financially able to take out an emergency loan and pay it back immediately, JUST DON'T DO IT... EVER... AGAIN!!!

Feed Up · Posted: Fri Jun 27, 2008 6:30 am Subject:

I have contacted my bank and as of yet nothing has been done. These people have run up over $700 dollars of overdraft fees on my bank account. I can't seem to get an address or phone number for these ppl. Can someone help me?

Posted: Fri Jun 27, 2008 11:50 am Subject:

Does anyone have a good fax number for The Loan Shop?

Posted: Fri Jun 27, 2008 12:51 pm Subject:

I used fax number 1-800-757-8373 and I they received the fax because the next day - they started calling me.

So far they have been pretty low key - called me once and then all other communication through email.

miguel · Posted: Sat Aug 16, 2008 2:35 pm Subject: money

how do you contact them

Posted: Sat Aug 16, 2008 2:40 pm Subject:

miguel try some of the suggestions above. Smile

Erik · Posted: Wed Sep 03, 2008 3:20 pm Subject: They will keep taking!!

Yes,...this happened to me. A year ago, this jerk called me and tried to convince me that I had taken out a loan a year earlier. I knew that I hadnt. I had NEVER had any payday loans at that time. This guy rattled off my brothers name, his brand new wifes name,....even their babygirls name. He mentioned my Dad (who was dying of cancer at the time) and my Mothers name. He thought him knowing that info would some how scare me. Please,.....thats info you can get at any Dispatch of Public Records. Now,...a week ago,....an entire YEAR later,...they contact me again telling me I owe them $465 for a $200 loan. The guy a year ago told me I owed them $3000. The amount always changes. Anyways,...a week ago. I went online and ACTUALLY got a loan from some website. This "company" that claimed I owed them $ was "cherry-picking" loan sites and got my routing and account #'s. The very next day, they tried pulling out $320. I put a stop on it. Closed my account and reopened a new one. They have been calling and emailing me,...harrassing me. By the way,...CLOSE your account. They will keep taking money out over,..and over,...and over again until you put a stop to it. They are all bottom-feeders.

mmontanez · Posted: Fri Oct 24, 2008 1:09 pm Subject: faraudlant laon

they just took 390.00 from my account today also. I called my bank and put a stop paymewnt on this company. it not onlyt cost me 390 buty also 35.00. The bank told me that there wasnt even a number when they debited this from my account. This company needs to be sued for doing this to ppl. This is just not right.

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