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 Posted: Tue Feb 05, 2008 4:45 pm Subject: Cashtransfercenters or ecare or northway
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HI-I have gotten into the payday loan trap and am trying to climb out slowly! What a mess~ I currently have only one major pain-Cashtransfercenters-I see they are illegal-I still owe them $700 principle and $950 total. I did put a stop on my checking account. Any ideas on how to deal with them?? Thanks so much!! I love this site!1
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AmberSmith1
Joined: 05 Feb 2008
Posts: 1
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jos82003
Joined: 18 Jan 2008
Posts: 177
Debtcc Points: 3483
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Posted: Tue Feb 05, 2008 5:46 pm Subject:
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Tried them out, they both work well.
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jos82003
Joined: 18 Jan 2008
Posts: 177
Debtcc Points: 3483
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Posted: Thu Feb 07, 2008 2:41 pm Subject: thanks
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Hi-thanks so much for your advice!! I am wondering I still owe them $750 principle and $975 total. I am currently in default by a week. I have froze them at my bank. I am just wondering if they are illegal should I pay them back? I have already paid them about $2000 in the past 6 month period in interest, which was illegal in my state. Any advice would be Greatly appreciated!!
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amber.smith1
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Posted: Thu Feb 07, 2008 2:45 pm Subject:
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If they are illegal and you have already paid 2000.00 on a 750.00 loan, I would say that you are done with them.
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kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5461
Debtcc Points: 38903
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Posted: Thu Feb 07, 2008 2:52 pm Subject: template letter
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Hi-I felt that way myself! I am just wondering what type of letter I should send to them? I know I need to send a letter revoking the wage assinment. I am just wondering what other type of letter I should send. I know there are a lot of templates on this site. Are there any you would suggest? Thanks a ton!! This site has been my hope through this PDL mess!! I have already learned so much, yet I still feel swamped!
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amber.smith1
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Posted: Thu Feb 07, 2008 3:01 pm Subject:
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I will post a letter that many of us have used. You will need to fix it up for your specific needs. Is your account closed. dont send anything until your account is safe. They go under a lot of names , so you can not just stop payment. they will get thru and take your money. The account needs to be closed/
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kashzan
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Posted: Thu Feb 07, 2008 3:02 pm Subject:
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Name and Address of PDL
After doing research on internet payday loan laws in the state of YOUR STATE' S NAME, I have found that your internet payday loans are actually illegal. I have also found the following laws to be true applying to payday loans in the state of YOUR STATE'S NAME in general:
INSERT YOUR STATE LAWS HERE
I have contacted the YOUR STATE Office of Financial Institutions and the YOUR STATE State Attorney General’s Office regarding your internet payday loans and was informed they are indeed illegal in YOUR STATE and was advised to pay what is due according to principle amount only of the loan.
I have currently paid XXXX DOLLARS on my XXXX DOLLARS loan. The legal amount that could have been charged to my loan is the principal amount of XXX DOLLARS even if your internet pay day loan was legal in YOUR STATES NAME. I have paid XXXX DOLLARS on this loan by your debits of my bank account and only owe XXXX DOLLARS to have this paid in full. I am willing to pay the amount of XXX DOLLARS to pay the principle amount of the loan only, as advised by my Department of Financial Institutions and my state Attorney General's office.
I demand a physical address to mail payments to, as you are no longer authorized to debit my bank account. You must provide me with a physical address to mail my payments. I will not Money Gram or Western Union any payment. If no physical address is provided for me to mail payment to, no payment will be made.
I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my state Attorney General's Office.
I prohibit you or your affiliates to contact me via telephone at my place of employment or my home telephone number. I also prohibit you from calling my references listed on my loan. Once I inform you of this, you must stop the telephone contact immediately or you will be once again breaking the laws of the state of YOUR STATE.
You are also hereby notified that I am revoking any voluntary wage assignment I may or may not have signed. I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes.
I am revoking your right to debit my checking account any longer. You, your company, or your affiliates are not authorized to debit my checking account at all. Please be aware that I have informed my financial institution of this situation and they will also be receiving a copy of this correspondence. Any further attempts at debiting my account will be rejected by my financial institution.
I must also inform you that I have filed complaints with the Better Business Bureau, the Federal Trade Commission, and my state Attorney General's Office.
I expect a response from your company no later than XXXXX, regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted.
Please respond byXXXXX, regarding this matter by US Postal mail or by email only.
Your name and SSN#
cc:
YOUR STATE Attorney General |
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kashzan
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Posted: Thu Feb 07, 2008 3:38 pm Subject:
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Hey Amber, this company really sucks. I dealt with them and my state's attorney general got them off my back. What state do you live in?
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Sassnlucy
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Posted: Thu Feb 07, 2008 4:01 pm Subject: PDL Nightmare!
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The template provided was great!! Thanks a ton Kashzan!
Sasnlucy- I live in ND. You said your Attorney General got them off your back. What steps did you have to do to get that help? Thanks!!!
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amber.smith1
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Posted: Thu Feb 07, 2008 4:06 pm Subject:
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Well, in my state I just had to go to the attorney general's web site and fill out a form and give them proof of the transactions and they took it from there. I'm not familiar with the state of ND's laws though. You could give your AG's office a call and see what they can do for you!
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He is your friend, your partner, your defender, your dog. You are his life, his love, his leader. He will be yours, faithful and true, to the last beat of his heart.
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Sassnlucy
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Posted: Thu Feb 07, 2008 4:19 pm Subject: pdl
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Did you end up having to pay back any or all of the loan/ Also, I have renewed this loan many times. Therefore, my interest paid has been huge! Once your AG got involved did they mark it PIF?
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amber.smith1
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Posted: Thu Feb 07, 2008 4:27 pm Subject:
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I didn't pay back any of it. I tried to make payment arrangements with them but they didn't like what I offered and tried to pull a wage assignment on me. Once the AG contacted them, (actually it took the AG a while to get them to respond) I received a PIF letter.
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He is your friend, your partner, your defender, your dog. You are his life, his love, his leader. He will be yours, faithful and true, to the last beat of his heart.
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Sassnlucy
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Posted: Thu Feb 07, 2008 4:33 pm Subject: wage assignment
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How long and aggressive were they with calling you at work!! Did they talk to your boss etc? That could really cause a headache at work!! Thanks so much for all of your help! It is just nice to know there are others who have lived through this and survived in one piece!! It is sad how they thrive on people while they are down! It is so hard to get free of their trap!
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amber.smith1
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Posted: Thu Feb 07, 2008 4:46 pm Subject:
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They called me for about 2-3 weeks. They didn't call my boss but they did call my HR department. Make sure you contact your HR department and revoke the wage assignment and tell HR not to give anyone any info on you because they really grilled my HR department. I am glad that I can help. This company really needs to be stopped and they definitely take advantage of people's hardships.
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He is your friend, your partner, your defender, your dog. You are his life, his love, his leader. He will be yours, faithful and true, to the last beat of his heart.
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Sassnlucy
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Posted: Fri Feb 08, 2008 4:13 pm Subject:
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I too have dealt with Cash Transfer Centers recently. Unsure of what is going to happen. I went into default 1/31/08. Ended up closing the bank account the money was to be withdrawn from in an effort to keep my paycheck. I started getting calls from 'Ty' beginning 2/4/08 through 2/7/08. Last night I faxed a wage revocation twice to their fax # (866-809-4069) and included the fact that I have already contacted the AG, BBB, FTC, that their 'business' is not licensed in Virginia, that regardless of where they are located that they must follow the laws governing the receiver of services they provide and that they are in clear violation of all Virginia's laws regulating payday lending. I also demanded that they not contact me at work, nor call my employer/family/friends, etc. I emailed that same letter about 10 times to their email address too. I checked the website this morning to verify that they received the letters, which they did, and made a screen print of the page showing proof of receipt because I had a funny feeling. Anywhooo, tried to log into the website once I got home from work this evening, and low and behold, it stated that I am not allowed on their site. Haven't gotten a call from them either today.
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GeminiGirl
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