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Good news for California residents. On 8/27/2008 the State of California issued a "Desist and Refrain Order" to Cash Transfer Centers, Northway Broker and Northway Financial. You will also find one under E-care/Sonic issued on 3/6/07 - they are all affiliatied with each other - so don't be fooled.

How many California residents filed complaints with the AG regarding CTC and Northway? You should do it - the more complaints filed by California residents may prompt the state to file civil action with penalties.

It only took 1 person as noted in the action order to get the state's attention. Wishful thinking on my part that I was that one person however, I did indeed file a complaint with the AG, BBB, FTC and I sent them copies of their illegal contract as well including any and all communications with CTC/Northway/E-care in June. I even outlined what I did to CTC regarding the money they owed me for illegal fees - I am sure CTC didn't like the tables turned on them.

Just goes to show have faith in your AG's and not fall for CTC's BS.

Cheers everyone~

http://www.corp.ca.gov/ENF/pdf/2008/NorthwayFin_dr.pdf

Posted: Tue Sep 02, 2008 6:44 am Subject:

Great news! I actually thought they'd already done it since Sonic has been banned, but hey, better late than never. Since they are all related to Sonic, I just wonder what took so long...

Guess not - I often wonder that as well though. You are right better late than never...

Posted: Tue Sep 02, 2008 7:26 am Subject:

Now I wish the other states would catch on and do the same thing. They all need to add a lot more than just sonic and CTC to the list.

Posted: Sun Sep 14, 2008 12:22 pm Subject:

I'm not sure how or if this applies to me but I have been in a revolving, never ending debt cycle with this company, Cash Transfer Center, and am still in it now. I live in California and currently have a loan out with them for $1300. I am new to this website and I didn't realize how much info was available to me about these payday loans. This is not the only loan I have, there a quite a few others. I've been in this payday loan cycle for over a year now. I'm in pretty deep, but I have landed myself a nice paying job recently but it still seems impossible to get out of this rut. Any help would be great. The companies I am in debted to are ... Cash Transfer Center, Payday Max, Paycheck Today, and EZpayday. Thank you.

Posted: Sun Sep 14, 2008 8:26 pm Subject:

How much have you paid on this loan, including all rollovers? The only thing you are liable for is your loan principle, what you have actually borrowed.
I would also cancel immediately the wage assignment that you signed to borrow with CTC and make sure that your payroll dept knows this.
If they start harassing you, IMMEDIATELY file a claim with the Dept of Corporations and Jerry Brown's office.

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CTC - California orders "Desist and Refrain Order" 8/27/08

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