legality

Date: Thu, 12/14/2006 - 07:13

Submitted by khyrikhamani
on Thu, 12/14/2006 - 07:13

Posts: 4 Credits: [Donate]

Total Replies: 3

Some one from this company just called and told me that I had until 2:30 pm to find 519 dollars just monday it was 250. are they allowed to tell me that. she stated that I needed to get a lawyer because the were charging me with bank fraud. I already sent them half of the money.

Am I safe to presume this is a payday loan? Their collection ta

Am I safe to presume this is a payday loan? Their collection tactics sound familiar. What is the name of the company you are dealing with? If you also tell us the state you live in, how much the principal amount you borrowed was and how much, if any, you have repaid including fees and interest, we can help you.

lrhall41

Submitted by dbaker6 on Thu, 12/14/2006 - 07:16

( Posts: 1600 | Credits: )

l

My loan is in dc and the name of the company is bass and associates. I had did some checking up on this company and found out they do this alot. I had the loan for 260.00 I was told the balance was 500.00 I paid 250 and was told again that the balance was now 519. I asked about my 250 they told me it didn't count.

lrhall41

Submitted by khyrikhamani on Thu, 12/14/2006 - 07:27

( Posts: 4 | Credits: )

Get the debt validated by the CA. They must show you the account

Get the debt validated by the CA. They must show you the account in writing for which collections is done. Don't pay anything until you have reviewed the account and know about their authorization.

lrhall41

Submitted by weeswie on Thu, 12/14/2006 - 10:09

( Posts: 382 | Credits: )