SGQ Processing Sent to CA

How long have you been in default on this loan account? Finance Charge for 14-day $100 loan in OH is $15. Does the contract say anything about the collection fees?

They orignally took out the $75 finance fee on 9/29/06 but the contract stated it would be deducted 10/6/06. I contacted them before 9/29/06 via email and explained my situation and sent the cease/desist letter. I told them I was not avoiding paying them but due to my financial situation sometype of payment arrangement will need to be made. The letter went unanswered and they deducted the amount as mentioned earlier. Today they replied after I overloaded them the last two weeks resending the letter that they reverse the $75 towards my account and now I will owe $325 plus any additional costs. I can't find the info stating collection fees. So as of today its defaulted.

Quote:

I live in Ohio as well and I have been through this mess. Please feel free to pm me with more details and I will be happy to help you. And rollovers or extensions are not allowed in our state.

i dont know who they are but id like to know in sept i recieved $150 in my acct i thought it was child support i spent it the next thing i knew money was being taken out of my acct by theses people i dont know then i asked te bank they didnt know who they were so they had me close my account and open a new one now today i got a call saying im being charged with deception internet fraud and collateral check fraud?? i didnt even know who they were so i went to my email and did a email search for this sgq people and found one email from them saying ive been approved for a loan and all i had to do was wait for a confirmation email which i didnt get and someone would contact me to confirm my info no phone call i didnt sighn nothing i didnt confirm anything i hadnt even opend this email till today it oct. 30 now, i have recieved cash advances from cash net usa but never had any issues before now i tried to find sgq online and theres no web site now?? this lady from bass and ass. says im in trouble and i have to pay $460, they put $150 in my account and took $90 out before i closed the acct i dont know how to deal with this my bank told me not to worry should i ???

i found them!!!! and it is possible to return the unwanted monies that were deposited in to ur accounts. i don't know about paying off any loans that were purposely taken out. but if ur like me and sgq processing just gave u the money with no permission then email me and i think i can help out big... I JUST HOPE U DIDN'T ALREADY SPEND THE MONIES... email address removed as per forum rules - Mike

I am trying to contact their info to settle as well. They have debited $525 in interest for a $250 loan. Help!

I have taken a loan with them of $200 in Dec 2006. I have authorized them to take the monies in January 2007 that would be the $200 plus $60 for finance charge. My bank didn't pay them, I againtold them at a later date to withdraw the funds when of course the money was in my account; and now we are in March and every pay check in stead of the taking thier $260 they keep debiting $60. I have repaid them thier debt and now they want me to give them $200 because they claim that those $60 was for refinance fees only! They are ripoffs! I need some advise on how to deal with this!

Since the company charged the refinance fee, nothing went towards the principal amount. Read the fine prints and compare it with your state laws.

What state are you in? You need to check the laws and confirm whether refinance is permissible in your state. In most states, it can be done up to two times while few states don't allow rollover at all.

I found state saws for Hawaii,

"A check casher may charge a fee for deferred deposit of a personal check in an amount not to exceed 15 percent of the face amount of the check."

"Hawaii restricts the payday loan terms. In Hawaii, payday lenders are not allowed to have term limits past 31 days. In addition, the face amount of a check cannot exceed $300. Also, the maximum amount in fees a payday lender can charge their customers in Hawaii is 15 percent. Any payday loan lenders that charge over this limit are in violation of chapter 478."


I was charged $525 in refinance fees over a period of more than three months on a $250 loan. What do you do once you know this is illegal?

Im sorry im new to this. I realy dont understand how this work. I had closed my bank account and now they are trying to say i owe them more than what my payoff was which was only 60.00 thats funny. I need help with finding the contact phone numbers and how to clean up this littel mess before it turns into some of the sittuation that i have been reading thanks to any one who responds.

I have this 4-SGQ Processing-Loan Deposit on my bank statement for 200.00 deposit into my account I did not sign up for these it was in my account on 8-9-07 and now they took out 60.00 for a fee I don't now what these is.

Who are SGQ?

They sent me 200 bucks last week without approval
I'm waiting for the shoe to drop

I live in california

wer

I, personally, would immeidately return their money and tell them u did NOT ask for it! otherwise, who knows how much they will continue to take from ur acct!
Good Luck,
Ang

hOW CANI RETUNR THIS UNWANTED MONEY??? PLEASE HELP!!!

Unfortunately I am caught up in this web of deceit also. DOES ANYBODY HAVE ANY ACTUAL CONTACT INFORMATION FOR THEM? Despite my best efforts I cannot find anything but a phone # 866-828-6351. We are unable to reach anyone at this number and have left endless messages.

omg you guys.....i took out a loan with these same people..SGQ....and same here...i asked for a loan and they have been taking the 75 dollars everey pther week...i am now done paying back...so far...i have no problems buttttt......im calling to get a statement saying i have paID IN FULL....and i want confirm #'s too....but the machine says they'll return my call.
THERES SOOO MANY OF YOU GUYS W/ TERRIBLE EXPERIENCES...IM TRULYYYYY SCARED AND WORRIED...I HAVE A LAWYER AND I WILL PUT A LAWSUIT ON THEM SO FAST IT ISNT EVEN FUNNY!!!! BUT ITS THE HASSLE AND lonnnng process i dnt want to go through....my quest.is...HAS ANYONE BEEN ABLE TO RESOLVE THEIR PROBLEMS W/ THESE PPL????????????????????? PLEASE REPLY...

omg you guys.....i took out a loan with these same people..SGQ....and same here...i asked for a loan and they have been taking the 75 dollars everey pther week...i am now done paying back...so far...i have no problems buttttt......im calling to get a statement saying i have paID IN FULL....and i want confirm #'s too....but the machine says they'll return my call.
THERES SOOO MANY OF YOU GUYS W/ TERRIBLE EXPERIENCES...IM TRULYYYYY SCARED AND WORRIED...I HAVE A LAWYER AND I WILL PUT A LAWSUIT ON THEM SO FAST IT ISNT EVEN FUNNY!!!! BUT ITS THE HASSLE AND lonnnng process i dnt want to go through....my quest.is...HAS ANYONE BEEN ABLE TO RESOLVE THEIR PROBLEMS W/ THESE PPL????????????????????? PLEASE REPLY...

PEOPLE... I NEED SOME HELP OR SOME ADVICE FROM SOMEONE FAMILIAR WITH THIS COMPANY!!! I ALSO APPLIED FOR A LOAN IN DEC 08 AND THEY TOO, DEPOSITED $250 IN MY ACCOUNT BUT WITHOUT VERIFYING WITH ME OR ANYTHING..I ACCIDENTLY USED THE DARN MONEY.BUT THEY STARTED TAKING $75 EVERY OTHER WEEK.THEY REACHED ALMOST $500 DOLLARS...MY BANK TOOK THE MONEY BACK FROM THEM BUT I RECEIVED A CALL FROM A LADY ON 4-8-09,SAYING THAT SQG FILED A CLAIM AGAINST MY SOCIAL SECURITY #....AND THAT I HAVE A BALANCE OF $415,BUT THEY ARE GIVING ME A SETTLEMENT OF $295...BUT "SUPPOSEDLY" WHOEVER CALLED ME,ARE NOT SGQ...I ALSO RECEIVED AN EMAIL FROM SGQ STATING THAT THEY HAVE SOLLLED SGQ TO (ICOLLECT).... I AM BEEEEYOND TIRED OF TRYING TO CONTACT SGQ AND NOOOOO RESPONSE!!!! THIS COMPANY WHO HAS CALLED ME SAYS THEY WONT ACCEPT NO TYPE OF PAYMENTS UNLESS IT IS THE SAME WAY I HAD THE $250 DEPOSITED.....WHAT KINDA LOAN COMPANY WONT ACCEPT MONEY...IM TRING TO SEND A MONEY ORDER AND THEY DONT ALLOW IT.......OMG!!! I,DONT KNOW WHAT TO DO.........
SOMEONE...ANYONE...PLEASE HELP ME!!!! ITS BEEN 4MONTHS!! qUESTION: HAS ANYONE BEEN ABLE TO EFFECTIVELY CONTACT SOMEONE FROM SGQ???? AND NOT BY THOSE POSTED FAKE #'S...PLZ ....I NEED TO CONTACT THEM....ALSO!! DOES ANYONE HAVE AVAILABLE THE ORIGINAL CONTRACT STATING THE FEES AND SO FOURTH!! PLZ BE KIND ENOUGH AND REPLY!!! THIS IS MY 1ST loan EVERRR...AND LASSSSSTTT!!! AND I DNT WANT A BAD CREDIT REPORT.......

I was told they put my loan into my account on monday ihaven"t seen any funds yet. I also fax loan docements isign it and fax it back to them.I think they have the bank account the banker i use is frist american credit union.

The same thing happen to us I had 300 put in my back didn't know what it w2as from so I left it then I started gettin 90 taken out every two weeks. i finally got ahold of them after they took 540 from my account and they are still trying to take money i am now in the negative 240 and have my bank trying to get my money back. when i talk to them they said i was only paying the finance charges when i told them i was closing my account that i did not tell them to put money in my account or remove and i was contacting the bettert business burea they hung up on me. now i recieve a email from them saying they tuned me into collects with redco but there is no number or how much they say i owe. i live in michigan and i called one of our cash advances and they said by law they can not do this what do i do to get my money back and have them stop.

i had the same problem, somebody called me and stated i am being charge for fraud or something, so i went ahead and paid the 300. Prior to this i had my bank make a stop payment ofr a $90 they debot from my account twice each every 2nd week i tried to call them with their number but no one answers to try to settle it with them until i get this call from a recovery service. They even have all my info....never apply for any loans they are a scam

Quote: