Cash Transfer Centers already charged me excessively

First off, you have definately done the right thing in cancelling that voluntary wage assignment. Good for you!
Now in reading your post, I noticed that you said that you've paid them $2000 in fees alone. Was the original loan for $820? If yes, then you have more than paid off this loan and should not pay them another dime.
No, they can not call you daily. What I would do is tell them not to contact you and get a letter to them saying this. This is harassment and a violation of your rights under the fdcpa.
If they persist, file a claim against them with your state's Attorney General Office. Good luck.

You've done everything the right way "Santa". I would definately file that complaint with the Attorney General's office. BTW, what state are you in? And this collection lady must be stuck on "one hit wonder big hair bands of the 80's", Britney Fox is the name of a glam band from the 80's. I love the names these people use.

Thanks for responding. The initial loan was for $600.00. I can't remember the exact date that I made the loan, but it was around September 2006.

In the letter I sent them, I did remind them that they have already made "considerable monetary gain" from me. LOL I also stated that in Florida (which they aren't licensed in) there is a max of $15.00 per every $100.00, and they have been charging me $27.00 per $100.00.

I will pay it back, but I told them on what terms. So tonight I left the lady (Brittany Fox) a voicemail asking her to stop harrassing me, as I have already told them my intentions and they accepted the first payment.

kris, great job! You have done all the right things! I agree with kscornell that you have paid way more than allowed by law already. What state are you in? You should check your state laws and find out how much you should have paid and if you have already paid the loan off, do not pay them a penny more. As for not speaking with her, she will try to contact your employer as well as your references. That is all they have done to me so far. My employer told them that they were not giving out any information on me and they have not called them since.

It looks like you are in Florida. You need to file a complaint with your state's Attorney General's office. Personally, if you have been paying on this loan since Sept. 2006, you are done with them, they have more than made back the principal and legal interest rate. They will continue to call even if you request or tell them to cease and desist. I was able to get these people to stop calling once I filed a complaint with the AG's office and AG's office notified the ipdls that they were investigating a complaint against their company.

I am in Florida. So even if in my letter to them I actually stated that I would pay it all back (after mentioning I knew the fees were too high), i can still stop paying? How can I find out the laws here and what steps do I take? I am actually trying to consolidate some outstanding debt (possibly with T&C) in collections, and was considering throwing CTC in there. Should I?

My references all know what's going on, and so does my supervisor/payroll.

LOL at the "Santa" comment. The name is the first thing that came to my head. :-)

LMAO steelers, I didn't even notice the Britney Fox the first time I read that post!!!

I don't think it would hurt to throw them in with T and C but I don't know that CTC would cooperate with them. Maybe someone else knows for sure. CTC is pretty darn hard to get along with.

Yeah, the Brittany Fox name... When I sent my payment through Quick Collect, I even put in the attention line: Brittany Fox- ALIAS. These people are ridiculous.

I went ahead and got the info for the attorney general. Thanks so much. You guys are great. This board has truly helped ease my mind.

From what others have shared when dealing with T&C and CTC, CTC will not cooperate with them. They are very difficult.

Hello everyone.
I would appreciate all the info and help I could get.

I had to take out a $300 and paid a total of $380 on my first loan. I did this cycle for probably 3 or 4 times now. I get paid once a month and they said that their loan is based on a two week pay period so everytime I pay off my loan of $300 + 80 in fees, I had to wait out another 2 weeks to reloan and I needed to end that cycle only to find myself borrowing $700 because they raised my limit which was supposed to be due on 9/1/08. Unfortunately, I didnt have enough to cover for the whole $897 that I needed to pay back. I called immediately and asked if I can make a payment arrangement. The rep I spoke with was firm that the latest date they can give me is on 10/01 which is my payday. I can't afford for them to take out almost $900 from my account. considering that is almost half of my check! I have read some comments here about closing the account but I am most worried about the wage garnishment that I signed. I read I can revoke it, but how and where do i start. I am embarrassed to speak with our HR about it but I really would like to stop the dead end that I am in. What are my options?? HELP!!!!!!!!!!! Thank you..

sincerely,

confused_me

Hello all!

It took several emails negotiating with them, but in the end, i think i've won the battle. The offer sounds to good to be true as I pasted below but I copied the CA AG office and BBB on every correspondence they make to make sure I cover my ends. Please see below and comment on what you think of the offer. Thank you all for your help!! This site is the best!

-----------------------------------------------------------
We have received your e-mail on October 15th, 2008 and the complaint case #1221*** filed with the
Better Business Bureau September 29th, 2008. We have sent a response to the Better Business
Bureau on October 9th, 2008. Upon receipt of your previous email on September 17th, 2008, we had
revoked all ACH authorizations to your account, as well as any voluntary wage assignments. All
collection activities and all telephone communication had been ceased, as per our letter dated October
1st, 2008.
As per the attached loan agreement, Northway Financial is licensed by the government of Malta
as a financial institution; therefore the laws of Malta apply to the terms of your loan. The same
would be true if you were to borrow funds from a financial institution in another state in America
other than the State of California. The laws governing financial institutions in that particular state
would apply to the terms of your loan.
Upon further review of your file, we are prepared to offer you a repayment arrangement in the amount
of seven (7) equal payments of $100.00 as payment in full of your outstanding loan. This represents the
$700.00 loan principle on your current outstanding loan. Once payment has been received, we will
consider this account paid in full with no further obligation.
The seven (7) equal payments of $100.00 can be made via Western Union or Money Gram, and
should be received by May 1st, 2009. We have included the payment information below for your
reference. Alternatively, you may send your payment to the Northway Financial Corporation Ltd.
address listed above.
MoneyGram Express Payment Western Union Quick Collect
Receive Code 4476 Code City ECARE
Payable to ECARE CONTACT CENTERS Code State DE
Account 30892885 Payable to ECARE CONTACT CENTERS
City (Blank) Account 30892885
State (Blank)
Should you have any further questions, please feel free to contact our office with the information
provided below.
Sincerely:
Customer Support Department
Fax: 1-866-772-4556
Email: [email]supportresponse@cashtransfercenters.com[/email]

Seems you have checked everything out and it seems legit. If you want to settle the loan i suggest taking the offer laid out there.

Does anyone know whether you are to file complaint with local BBB or the office where the company is located?

Well I'm about to deal with these guys. Seemed such a good idea at the time..... I will contact my payroll department possibly Friday. I didn't realize that they could do the wage garnishment. I took at a loan from them a week and a half ago. A payment that was unauthorized to another credit card went through and blew my bank account. Now rent is due. Now this CTC center is due this Friday and I don't have a dime to pay them. How long does it take for the wage garnishment? How current are the Malta address or do I send them directly off to Canada? Preparing for a fight.

I wouldn't waste time on this--and would contact payroll ASAP on your next working day. You need to send them something in writing saying that you are ending the authorization for the voluntary wage garnishment that you signed to get this loan, because I promise you, they will try this faster than a New York minute.
What state are you in? By getting this information, we can research laws together and really figure out where you stand on this.

can I ask what you typed in the letter to stop wage garnishment? also it has been stated you sent a certified letter what address did you send that too. I can afford 100.00 a month for my 700.00 loan will they accept that? any additional information you all have would be greatly appreciated :D

carobbad

Is there a website I can go to to see which PDL companies are legal or licensed in AZ and which aren't?

You can google the Arizona Dept of Financial Institutions. They should have a licensee database for lenders.

Wow, you people are hilairous! Why don't you govern yourself accordingly and quit complaining what a crappy company it is...you didn't seem to think so when they have you the money. too funny ... Read your loan agreement people.

Anonymous TROLL posting everywhere. That's a joke..LMFAOO :lol:

Wow, Trolls must come out around tax time? Funny thing is that when a troll has enough balls to register and then post, I might be able to show some respect......HAHAHAHAH that was funny.

LOL :lol: Guess they will garnish our tax refunds and send the IRS a 1099 :shock: :lol:

LOL OK I will let them download me so they can get my tax info, then they can call the police to come and get me and take all of my things. LOL :lol: :lol: :lol:

LOL. Better yet put a freeze on my SSN :lol: :P

There ya go, I haven't seen that one yet.

Yeah I will not be able to buy groceries, get jobs, or send my kids to school...LOL! It is said the "freeze" method really ruins your life untill you are begging the company to take your money :lol: :lol: