Internet's first get-out-of-debt community - 134,000 members

Posted: Mon Jun 04, 2007 7:21 am Subject: upfrontmoney.com

Has anyone dealt with this company, where they send you prepaid phone cards for getting a loan with them I am trying to settle with this lender because I have overpaid like 300 dollars and they keep saying they are not a payday lender, they just offer money to get the prepaid phone cards. (doesn't make much sense to me).

Posted: Mon Jun 04, 2007 7:23 am Subject:

Sounds like a new scam to me! Did they loan you money which you have to repay on your next payday? Do you have to pay fees to reloan? If yes, they are a PDL!! Don't let them tell you otherwise!!

Posted: Mon Jun 04, 2007 7:45 am Subject:

yes it has a 79.90 roll over fee every payday. I have been emailing them back and forth because they keep telling me they are not a PDL. I will send my email again, which I also requested a refund.

Posted: Mon Jun 04, 2007 8:40 am Subject:

I have used them before and paid them off fortunately. They were able to break down my payment into 3 payments actually, and were pretty easy to work with. I would say they are a PDL company as well, with a twist. The money they give you they call a "rebate" for the phone cards. I think I should request a refund as well because I have overpaid them as well. Sad

Posted: Mon Jun 04, 2007 8:47 am Subject:

I have sent them another email to have them refer to my email again and requested that they pay me in full as I have overpaid. I have not even used the phone cards, didn't really think about using them. I was just trying to get the loan. I will update when I find out what they say.

Posted: Wed Jun 06, 2007 5:06 pm Subject:

This does sound like a scam for a pdl! I would report them to your AG office, especially if they are not allowed to operate legally where you live!..KAren

Posted: Tue Jun 12, 2007 9:21 pm Subject:

I have sent all letter to the ag office. I have a question. Has anyone had any success with magnum cash advance. I have taken a loan out with them and only made the one payment, but after coming to this website I see that I have paid above and beyond interest on several other loans with them. Just wondering.

Posted: Fri Jul 20, 2007 3:50 pm Subject: Payday loan was sent to collections

I have faxed upfrontmoney.com since May and we went back and forth as to what was owed and how much they wanted me to pay. Well I sent them a fax on the 11th and then sent them a fax on the 13th, indicating I have paid the loan in full. 200.00 loan and have paid 539.80. They advised I didn't. Well now they have sent it to a collection agency called sterling & king. What to do next?

Posted: Fri Jul 20, 2007 4:18 pm Subject:

Have you filed with the BBB and DFI in regards to upfrontmoney? Have you heard anything back from the AG's office yet? Sometimes it takes a while for them to contact these pdls.

Posted: Sat Jul 21, 2007 9:14 am Subject:

no I have not heard back from the ag as of yet. Should I respond back to the email? I did not file with the bbb as of yet. Is this something I should do?

Posted: Sat Jul 21, 2007 10:56 am Subject:

Yes, definitely file with the BBB, DFI (Department of Financial Institutions...they regulate banks and ALL lenders, ie. storefront and payday lenders), and FTC. I have filed complaints on different ipdls, and the BBB has gotten good results on a few of those. So it is definitely worth a shot! You have nothing to lose by doing this, and everything to gain! Smile

Posted: Sat Jul 21, 2007 6:02 pm Subject: Crazy

Wait a minute. This is crazy! You are paying every week for "phone cards"??? What the?? How much money did they put into your account? Did they deposit money into your account? I'm assuming so. This is nuts! Have you stopped the debits? How much did they put in and how much have you paid so far?

MoW2 · Posted: Mon Jul 23, 2007 10:23 am Subject: Phone cards

I have used this service as well and actually think it is better than a PDL. it's kind of like a cell phone contract where they give you "Up front money" instead of giving you a free phone. Then you have to buy phone cards instead of cell phone minutes. Did you actually read their terms on the site before you signed up? They tell you what's going on. Not sure what the AG can do if you actually signed that you read teh terms. Anyhow, good luck!