My Cash Now/CPD

Hi All...
Does anyone know if these two places are one in the same?
I haven't heard anything from them. Until last Friday I got an email from CPD. Then today I got one that actually listed customerservice@mycashnow. They were threatening to take legal action ("where you would have to appear in court") if I don't pay 1400 dollars in seven days.

And, I've paid over 700 dollars more than what I borrowed already.

Advice? Anyone else get this notice from them? Is it a scare tactic?

What is CPD?

I need to know what state you are in also please. I've been reading about My Cash Call, it appears they are ruthless and notorious for making empty threats. I need to try and find out a little more info on them before I reply again, I did find this address:

My Cash Now
2071425 Marine Drive
West Vancouver, British Columbia
Canada V7T1B9
fax/phone: 604-357-1157

Hmmmm, there appears to be a lot of different addresses for this company, now there's a big red flag for ya, sheesh!

MY CASH NOW
P.O. Box 229
Margaretville, NY 12455

William S. Reed, Pres., Treas., Secretary, and Director.
Credit Protection Depot, Inc.,
4601 West Sahara Ave., Suite 1
Las Vegas, Nevada 89102

Acting as a debt collector for MyCashNow.com, Inc. (apparently chartered in Grenada - the independent country in the Carribean, not the town in N.Y.)

toledoguy030 wrote:

GOOD LUCK with MYCASHNOW...they have refused to mark my account PIF...NC AG has trouble with them....he used New York address

CPD is Credit Protection Depot and they strong arm for MyCashNow and PayDayMax. I had accounts with both of them. My MyCashNow account was paid in full by virtue of what they put in my account and my PayDayMax account still have a balance owing, as I had not yet paid back what I borrowed. They called me once, then one of my references. I tool my C and D letter, faxed it over to Mr. William Reed at CPD and when I called them back, they cleared my MyCashNow account, as I stipulated above and requested only what was still owing on my PayDayMax account. End of story. Don't bother with the Canadian address or the Margretville as they are prohibited in New York. Go straight to Mr. Reed at CPD. This is an email address for CPD . . . ."CPDCustomerService@CreditProtectionDepot.com" . This is the number that you can call. . . .866-645-1661. I believe the fax is one digit more. . . .866-645-1662. I do hope this helps. Please keep us posted.

Also, when I did pay the remainder of my PayDayMax loan, it was sent to Vegas so I am assuming that the "guts" of this operation is based there. I did use Moneygram as I was anxious to get them out of my life so it was worth the $6.95 to do so.

The Nevada address for CPD is a shell address. They relocated out of Vegas recently to an unkown location. Any mail sent there will be returned. But they allow moneygrams and money orders to be delivered to their shell address there. What sneaky lil crooks

anyaroberts. . . .good to know. When I dealt with them it was way back in April and things do change quick in this business. Well this is interesting. . . . the phone and fax number I had listed is still a working number for CPD as I called it to see what would happen. So I guess I would say that anyone who is trying to contact them should send an email, a fax or a phone message to the numbers/email address above. If you can't get mail in, perhaps one of the other communication routes will have to do. You are being too kind by calling them "sneaky". I have a few other adjectives that I could use!

Since the loans are granted through My Cash Now and PaydayMax websites, but collections is undertaken through Credit Protection Depot, the fdcpa applies right based on this provision:

"The term “debt collector” means any person who uses
any instrumentality of interstate commerce or the mails
in any business the principal purpose of which is the
collection of any debts, or who regularly collects or
attempts to collect, directly or indirectly, debts owed
or due or asserted to be owed or due another. Notwithstanding
the exclusion provided by clause (F) of
the last sentence of this paragraph, the term includes
any creditor who, in the process of collecting his own
debts, uses any name other than his own which would
indicate that a third person is collecting or attempting
to collect such debts."

So if CPD keeps trying to call you or your references after you send a cease and desist letter you can get them on that violation, correct?

I am puzzled here. They have my phone number, my personal information, I have an idea some one has used my social number, my phone number, and used my email. What a low down thing to do to people! It sounds like a real problem, but can they do anything since my personal information was stolen, from Lord knows where and who? The company could be scamming people and using their personal information. They called my home number and my son told them they can not talk to me if they could not explain who they are> I know now from reading on here, who they are. It is a scam, they are stealing from people and telling we owe them. No way, don,t fall for it. They use scare tatics! Report them to BBB Report in their state and Rip Off Report Sunshine Lady

It is a clear case of Identity theft.

Follow the steps mentioned in the following page: -

5 Steps To Take If Your Identity Is Stolen

I just got a call at work from a girl claiming to be from a collection agency collecting for My Cash Now.
I told her first of all, never to call me at work again.
Secondly I asked her to send me a complete copy of my loan and all paperwork associated with it as well as a copy of the license for My Cash Now and themselves.
She claimed she had nothing to do with My Cash Now and that she was a separate entity.
What is this????????
If she won't send me anything official to validate/back up my loan, she won't see a dime.
So what happened to Credit Protection Depot collecting for My Cash Now?
How could she claim she had nothing to do with My Cash Now when she was attempting to collect for their loan?
Has anyone come across this before?

yea, llw was right. i thought they were located overseas though, i maybe wrong

I find it suspicious that My Cash Now has no address at all listed on their website. What are they trying to hide?
I found info on a website: www.ripoffreport.com where a former employee does state that they are located in Tn. and Credit Protection Depot is allegedly located in NV.
I have been emailing with gov't financial people in Tn. and just received an email today where they state that My Cash Now is not licensed in their state-but they would like to check into them and wanted any info I had on them.
I also checked the online licenses for the state of NV and can find no license there for My Cash Now or Credit Protection Depot.
The people in TN are checking into this for me.
If this so called collection agency that called me cannot send me anything to validate what they want or paperwork showing exactly what I owe, they can look elsewhere for their payment.
She tells me she is calling about collecting on a debt to My Cash Now and in the next sentence tells me she had nothing to do with them???

My Cash Now, Payday Max, Discount Advances and Credit Protection Depot are all the same company. The NY address is not for any of them. The Canada addresses are the only place to send stuff however, it is just sent to Chattanooga TN where the "home office" is located. They no longer have an office in NV but, have opened one in Costa Rica. They best way to get stuff to they is via fax.
As far as the legality of it all they have the upper hand. When one agrees to the loan and their terms one becomes bound. The best way to get them out of your checking account is by revoking authorization. To stop the calls fax a “cease and desist” type letter to them, that usually works.
I know it seems hopeless but. I have seen people fight hard enough to cause disruption in their company. They will block calls from specific area codes or block applications for specific states where the state government has stepped up to the plate and swung really hard! They also monitor this site and ones like it and, by doing so they stay just one step ahead in the game. They know their stuff as they have several attorneys on staff and they are continually looking for ways around issues. They are not bound to ones state laws because they make “loan decisions” outside the USA. This information can be found in their loan agreements.
In all DO NOT get a payday advance type loan. They are traps that the average person cannot get out of. Good luck to everyone!

these people called my work over50 times in one day telling me there were takeing me to court and allthreats the guy made me cry what can i do