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PAYCO - "New" Company but really the same folks fr

 
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PostPosted: Tue Apr 01, 2008 11:03 am Subject: PAYCO - "New" Company but really the same folks fr

Just a heads up - there's a "new" PDL called Payco - they're really AIP, it's the same phone/fax number, and when I asked directly, the person I spoke to there admitted that they were "basically" the same company.

They have the same exact policies - $200 loan, $99 fee every paycheck, no written contract, everything over the phone, etc.

I made the mistake of taking a $200 loan with Payco which I'm in the midst of dealing with, but I just wanted to warn people off of them and let everyone know that AIP is still in business under another name.

starkllr2




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PostPosted: Tue Apr 01, 2008 11:28 am Subject:

Thanks so much for the heads up.
kashzan
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PostPosted: Tue Apr 01, 2008 4:56 pm Subject:

Oh God, not another one! But, the upside is, we are becoming very well educated on this and hopefully they won't get far.
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PostPosted: Tue Apr 01, 2008 6:41 pm Subject:

So much for "they're in the process od shutting down their operations". It's $99 now? It's $89 with AIP. What nerve!!!

I say we write to Dateline NBC's Chris Hanson on them and BIG as well. He'll chase them all over the globe. That would be so cool to see these people BUSTED on national TV. Very Happy Cool

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Brian in Oregon
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PostPosted: Tue Apr 01, 2008 6:48 pm Subject:

Not a bad idea. Perhaps exposure of that magnitude would be enough to make all of them think twice about what they are doing. I'm in!
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PostPosted: Fri May 02, 2008 9:45 am Subject: Anybody Have PayCo customer service number?

I need this company's phone number if somebody has it. After I got the loan that was it. I don't get any emails from them when my loan comes due and no phone number is listed in my bank withdrawal information. Just that pretty $99 deduction every two weeks.
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87InRecovery
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PostPosted: Fri May 02, 2008 9:48 am Subject:

AIP
2207 Concord Pike
Wilmington, DE 19803
800-274-4159

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RoxyNY
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PostPosted: Fri May 02, 2008 8:50 pm Subject: PayCo

Thanks for the customer service number. I'll have to call them on Monday. I'll keep my fingers crossed!
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87InRecovery
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PostPosted: Fri May 02, 2008 10:46 pm Subject:

$99 for $200 bucks?????? Ugh! All illegal payday lenders are bad, but some just seem to manage to make themselves even lower.
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PostPosted: Sat May 03, 2008 7:42 pm Subject:

I'm afraid that's typical for a PDL. Geez, they almost sound like Cash Today with nothing in writing. And they're not an offshore...interesting.
kscornell
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PostPosted: Sun Jun 08, 2008 2:53 am Subject:

do they have web site
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PostPosted: Sun Jun 08, 2008 5:47 am Subject:

Thanks Star for the news. They are charging $99 for a $200 loan now. WOW, what ripoffs!
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