HELP with Cash Today LTD
Date: Mon, 10/09/2006 - 05:56
I took out a loan in july and wanted to pay off the 200 before my payday and was told that I could not do so but had to way to my payday.
Then I called back and was told that I could pay it off before. I asked for a copy of my loan agreement and was told that they do not have this information.
I am of the mind to have my bank stop the deductions from my account. Can I do this legally?
Hi Starr, Welcome! And yes, absolutely you can block them from
Hi Starr,
Welcome! And yes, absolutely you can block them from your account--and knowing my and many other people's experiences with this company, this would be a very smart thing to do!
Their MO is to call you constantly, sometimes several times a day, to eventually get you to break down and pay many hundreds of dollars over what you originally borrowed. In my case, they even called me on Thanksgiving last year (They are offshore, so they don't care)and they kept telling me I owed $800 for a $200 loan. I finally filed a police report with my local police dept to get them to stop it and paid off my original debt with them.
In my opinion, these people are not only crazy, but probably the worst PDL company on the net. Just my 2 cents...
Starr, Check with your bank first about blocking that debit. So
Starr,
Check with your bank first about blocking that debit. Some states have laws about this...
The best way to be rid of them is to pay them off completely and do not take no for an answer..They are sneaky and want to collect at least the interest in addition to the principal loan amount.
Their "paperless" contract is what is so sneaky about them. You have to agree to everything over a recorded voice conversation, that's how they can get away with this.
Also report them to your AG's office in your state.
Read others experiences here on dealing with Cash Today. Almost
Read others experiences here on dealing with Cash Today. Almost everyone is having the same problems with Cash Today. They claim to be a paperless company and because of this, they are doing the debits without any valid calculations. You have the complete rights to close your bank account and dispute with the company for the past withdrawals. This way, you will get some legal stand against the company about their unauthorized debits done. Go here.
http://www.debtconsolidationcare.com/forums/cashtodaylimited-40.html
Interesting that they don't have a copy of your loan agreement.
Interesting that they don't have a copy of your loan agreement.
That's very true. Cash Today ltd will never give a copy of the c
That's very true. Cash Today ltd will never give a copy of the contract. You end up in a fix because you don't get any proof against them when their charges are found disputed. If you raise your voice against them without having anything in writing, they simply state that they are governed by the UK laws, not US laws. I believe they have been successful in scamming people because of such hidden activities and illegal nature of business. Everyone must inform to the state AG's office and the FTC against such shady companies. Someday, they will come into action.
My personal opinion, and that's all it is, I sure wouldn't pay t
My personal opinion, and that's all it is, I sure wouldn't pay them, if they say they abide by UK laws, whatever, then tell them to come and extradite you to the UK to pay the bill. Call them on their ignorance. I swear to God, these internet pdls need to be placed on some type of antipsychotic, because they are insane, narcicistic, and grandios because I think they actually believe the lies they tell people.
Better yet.... Tell them that you are waiting for the New S
Better yet....
Tell them that you are waiting for the New Scotland Yard!
I am going to come up with a script for everyone to use when the
I am going to come up with a script for everyone to use when these idiots call. I'll post it. Then they won't know who is the craziest them or you, I'm sure they'll stop calling when you start dancing in crazy circles on the phone with them. For now just meow or bark an answer to each of their questions. You pick, if you're a cat lover, meow, if you're a dog lover, bark (or sit the phone down and start shouting "SCOOBY DOOBY DOOOOOOOOOOOO WHERE ARE YOUUUUUUUUU????!!!!!!")
Or act like Stuart on Mad TV, just start saying, "Look at what I
Or act like Stuart on Mad TV, just start saying, "Look at what I can do"