Magnum Cash Advance and International Cash Advance

I finally got one debt collector, to stop harrassing phone calls at work and home. I'm still dealing with another one. It's magnum cash advance aka International cash advance. I told Jason not to telephone my husband at work. They have used other third party debt collectors, to contact our landline. That number is non-published, however they used a skip tracing service to locate us and threated court/legal actions and jail time against hubby. I'm trying to get more information how to make these phone calls stop at work. Jason ensists that he has to have a phone number, to collect a debt which is not true. I've filed a complaint with the FTC, BBB and another place can't remember the name at the moment. Any other suggestions would be greatly appreciate. This guy won't stop calling even thought I've told him he's what he's doing is illegal.

You can send a 3rd party collector a cease and desist contact letter, but most likely they aren't a licensed collection agency if they are attempting to collect on an illegal debt, so I doubt they would follow the laws and adhere to your request.

Sent out my first C & D letter to National Service Bureau and Magnum today, thanks to the unbelievable amount of information on this site. After the payments I've already made to NSB, it turns out I'm only $10 shy of the principle amount, instead of the additional $2100 they are trying to get from me. Hopefully I get as lucky as some of you are reporting on here.

One down, two to go and I'll be able to answer my phone without checking the caller ID first!!

Thanks to everyone on here for all the information and resources on handling these scam artists.

Hi I got a loan from Magnum, which I now know is International Cash Advance. I got a copy of my credit report and discovered that they were listed as a collection. Do anyone out there have any suggestions on where I should go from here?

Sent a cease and desist, ACH revoke and within a day or two they responded with a PIF letter from the Call Center Services place. After receiving that PIF, I sat down and calculated all my payments made thus far and realized I'd groslly overpaid them. So today I sent them an email demanding a refund. And the Call Center gave me a name and mailing address in the Caymen Island to contact regarding a refund.

I'd be surprised if this person even exists. Let's see...

"Our call center does not have the authority or ability to issue a refund. All requests for refunds need to be mailed to:


ICA Management Inc. Attn: Melanie Lewis
dms House
20 Genesis Close
PO Box 31910
Grand cayman KY1-1208
Cayman Islands

Sincerely,
Management


Call Center Services, Inc.
Call Center Services, Inc. is an independent outsource call center provider. CCS assumes no role in establishing client policies, policy statements, or internal affairs."

This is the reply i got back today:

We are in receipt of your email dated September 26, 2011 and it was forwarded to the lender. This response is offered on behalf of the lender, ICA. International Cash Advance, Inc. (ICA), doing business as Magnum Cash Advance, is a British Virgin Islands (BVI) corporation. No solicitation or advertisement was offered in Florida by ICA. Customers must seek out ICA on the internet and apply on "their" web site. The choice of law governing your loan, The BVI, was clearly displayed on the web site and in the loan agreement you executed.

The contract that you signed electronically states, “All applications, transactions, and credit decisions will be deemed to have taken place in BVI, regardless of where you may be viewing or accessing this site. Borrower is responsible for complying with any local statutory obligations that may exist in their state or area with respect to any transactions with ICA dba Magnum Cash Advance. If we approve your application, the disbursement of funds will be in compliance with ICA policy and headquarters in the BVI. Our transactions are governed by laws of the BVI. The laws of the British Virgin Islands governing consumer loan agreements may differ from the laws of Florida. If you do not want to enter into a consumer loan agreement subject to the laws of the BVI, you should apply for a loan at a provider located in Florida. All aspects and transactions on this site will be deemed to have taken place at our location in the BVI. This transaction shall be governed in accordance with the laws of the BVI without regard to its conflicts of law principles, regardless of the order in which the parties agree. The Agreement shall be deemed executed at our location in the BVI as designated herein. Your acceptance of our service confirms your prior acceptance of this Agreement and to jurisdiction located within the BVI. "

Regardless, the lender has no desire expending effort servicing a customer who does not appreciate the value of their installment loan and revolving line of credit products that are designed to meet a cash flow crisis on a moment's notice. The Director of Operations for ICA has agreed to consider your loan of August 2, 2011 as paid in full. All requests for refunds must be mailed to the following address:

ICA Management Inc. Attn: Melanie Lewis
dms House
20 Genesis Close
PO Box 31910
Grand Cayman KY1-1208
Cayman Islands

Call Center Services, Inc.
Call Center Services, Inc. is an independent outsource call center provider. CCS assumes no role in establishing client policies, policy statements, or internal affairs.

I have sent a registered certified mail to the address in cayman islands to see what will happen

Ill let you know what happens

No response as of yet to Certified Letter and have yet to get returrn recipt back and its been over 30 days since letter was sent. Have emailed managemnet at call center in deleware demading a contact info besides the starndard snail mail address the provided willl keep updated

Got the Return Receipt back from the cayman today wil update the signature on it

Is magnum legal in the state of Wisconsin?