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 Posted: Wed Nov 14, 2007 8:46 am Subject: Wage assignment question Re: CTC |
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I recently defaulted on a loan with Cashtransfercenters and through research here and other forums have discovered they are not licensed in my State (Oklahoma), or any other state for that matter.
I was reading over my loan agreement and have found NOTHING mentioning wage assignment. Are they changing their tactics, or should I look for different wording? I'm considering sending a letter revoking wage assignment to them and to my employer as a CYA measure.
Information? Advice?
Thanks,
Jennifer
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jen_evenstar
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| Posted: Wed Nov 14, 2007 8:49 am Subject: |
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jen you should post this in the Payday loan forum. Lots of people there can help you with CTC and wage assignments.
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aminah
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aminah0529
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| Posted: Wed Nov 14, 2007 9:00 am Subject: |
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Jen, it is very very important that you send them a certified letter revoking that wage assignment. Don't fax it or email it send it (certified)and give your HR department a copy. I had the same situation with them and they sent my employer a wage assignment and my job honored it and I got my wages garnished ($687) now my friend is going thru the same thing and she is getting her wages garnished also (my employer are idiots and i'm a bigger idiot for not taking them to the labor dept). So please be very careful and make sure you send that letter certified and speak to your HR department. Cash transfer will do that wage assignment and make sure you fight it and let your employer know that it's a voluntary wage assignment and it should not be honored unless it's done thru court. Hurry and send that letter cause they will send that assignment to your employer real fast. Good Luck! Fight it don't let them get away with it.
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KATELYN2COOL
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