FDIC to First Bank of Delaware, CEASE & DESIST

Oh this looks like we are getting some where. Maybe this will be the end of Cash Call and Think Cash.

If you click on the "Order" it takes you to a 41 page PDF on the stuff against them.

These filings were for a credit card they were issuing but it is a start that the FDIC is on to them.

what should i do with a loan i got form thinkcash/first bank of delaware, that i have been paying on since 2007, still owe 1300, but have paid 2400.00 back on a 2000.00 loan,

Good find nohiogal!

what does that mean for cash call if you already have a loan with them?

This bank is one of the prime funders of Cash Call, so this is indeed good news. If they go down, that means that Cash Call will go down, so right on!

http://www.consumerfed.org/pdfs/FRB_...bank041503.pdf

http://www.sfgov.org/site/cityattorn...e.asp?id=63476

http://www.sfgov.org/site/uploadedfi...Y-PRESSKIT.PDF

http://www.politicalaffairs.net/arti...ew/7068/1/341/

http://www.fdic.gov/news/news/press/2008/pr08047.html

Interesting articles.

http://banking.mt.gov/Enforcement/Fi...ofDelaware.pdf

so i just put in a loan for 600 with first bank of dellware.....wat should i do now???

All of these articles are years old - what does that have to do with anything now?

My husband does have a loan through first bank of delaware. We have made 1 payment and only 4$ of 86.50 went to principal. We live in Michigan how do I found out if there able to provide loans here?

I recently paid off a loan that I had directly through First Bank of Delaware. While I understand and appreciate that many of these pd lenders are not on the up and up and prey on the desperation of those who apply for them, I thought given the circumstances that the installment loan I received through FBD was fair (as much as 400% interest can be fair).

I took out a loan back in 08 from check n go and it was an installment loan thru first bank of delaware. I just heard from them today after 1 1/2 years. I live in Indiana, now stating going to sue. any advice.

Call them back, they are within thier rights.

it was the collection company that called me and they won't take anything but the full balance.

i would contact check-n-go to see if the CA is working for them or they sold it.if they sold it then the FDCPA applies.sometimes an installment loan will let the interest pile up.so best to make sure before your next move.

I have a loan with Check N Go also that I defaulted on. I have not heard from them in a long time. Who is their collection agency? Does that law apply to PA residents?