USFastCash responded...any comments, guys?
Date: Fri, 06/29/2007 - 05:54
[quote][size=1]This department has received recent communication regarding the above account. The communication received is recognized as portions of a form letter (cut and Paste template) currently being widely circulated via the Internet. Unfortunately this form letter is filled with misleading and incorrect information. The use of this form letter leads us to believe that there is not a specific complaint connected with the handling of your account. Please be reminded that the terms and conditions of the agreement you entered into with our company was presented to you at the time of your application and you were given a 48 hour window in which to cancel the agreement. In addition before each debit processed (within the guidelines of the agreement) you were given an account summary stating your options of fulfilling the agreement including instructions for repayment of the entire amount of the advance, in order not to incur additional fees. Since there is no mention of a specific problem with the way your account has been handled we must conclude your account was handled as agreed therefore your account will continue to be handled as agreed. Your persistence in this matter with us or any other agency that does not include an account of how your account was handled out of the guidelines of the signed agreement will merit the same response as the one you are now reading.
A copy of your electronically signed contract can be faxed for your review. If, after your review, you find your account was handled differently than was/and is stated in the agreement please forward those details at once so further review of your account can be completed. It is our earnest endeavor to provide the best possible customer service and customer satisfaction and miss-handled accounts will be researched and addressed immediately. Any Legal questions will not be answered; they must be placed in writing to our Legal Dept via Fax1-800-470-6614.
Please also note, we are the original creditor, the fdcpa applies only to 3rd party collectors.
We appreciate the opportunity to respond to your concern.
Sincerely
Compliance Department
US Fast Cash Compliance Department
Fax: 1-800-470-6614
Email: compliancedepartment(at)usfastcash.com[/size]
My response via email:
Thank you for your response.
[size=1]Regardless of the origin of the context of my letter, whether it be from the internet, a consumer reporting agency or Florida's Financial Regulations Department, the matter still stands. USFastCash IS NOT LICENSED IN THE STATE OF FLORIDA. As per Florida's Attorney General, USFastCash is also in violation of Florida statutes pertaining to pay day loans in this state.
My specific "concern" is that you are an illegal online lending organization, without licensure in the state of Florida. Therefore, you are breaking the law by continuing to loan money to consumers in this state, including myself. Additionally, your interest rates, fees and other wide and sundry charges are in excess of Florida statues pertaining to interest rate caps and usury laws. So, there you have your reason for "my persistence in this matter."
Please be assured that I do not have ANY legal questions. They have all been answered by my State Attorney's Office and, my complaint is being investigated. This is not a "cut and paste" statement but a statement of actuality and fact. I filed a complaint, have spoken to their office on numerous occasions and know exactly where I stand legally.
My bank will not honor any future debits and have been advised of the situation. I have rescinded your right to contact my employer, friends, family or references and I have also withdrawn any wage assignment that I may have signed pertaining this loan. However, if you feel the need to not comply with any of the above, please be advised that all phone calls will be recorded, all wage assignments will be denied (my payroll department has also been advised,) and any attempts at the above mentioned actions will only serve as additional documentation against USFast Cash.
As for any contract I may have "signed" over the internet, by all means please be so kind as to MAIL IT VIA U.S. POSTAL SERVICE to the address I provided: XXXXX. Any legitimate organization's legal department, online or otherwise, would not find this request unreasonable and would also be capable of receiving certified correspondence at their mailing address. So, once again, please be so kind as to mail a copy of my contract. It will serve as additional evidence and, as per the Attorney Generals Office's request, will be immediately forwarded to them to aid in their investigation.
It you would also be most helpful if you would provide me with your audit number for the State of Florida. This request is also reasonable and within my rights as a consumer.[/size][/quote]
he got 300 and we are in the state of pa and he dose have one ot
he got 300 and we are in the state of pa and he dose have one other loan out from 500 fast cash that one has one more payment...
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Okay, notsaying, you reside in PA. PA does allow for internet lending; HOWEVER, the pdl must be licensed in some state to be recognized. You got lucky on these two. They are both unlicensed/illegal d/b/a's of MTE Financial. USFastCash and 500FastCash are illegal/unlicensed. You are only obligated to pay the principle amount of the loan. I'm sure since your husband only has one more payment left on 500FastCash, they got WAY too much money. You've only made one payment on USFastCash. They're going to suck out WAY too much money also. Is there any way you can do anything with your bank account? Like close it out/block it? MTE is ruthless. How much did your husband borrow from 500FashCash and how much has he paid back so far?
Yes I can have him do that.. He got 300 threw them and has paid
Yes I can have him do that.. He got 300 threw them and has paid 390 so far
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You guys need to do something regarding your bank account. There is a sticky at the top of this site page regarding closing your account. Please read that. Some banks can "force" your account back open if there are pending pdl debits. You need to be sure the account is CLOSED totally and will not be "forced" open. If they can not promise you this, you need to put a hard debit block on it. You need to speak only with the branch manager at the bank. Stress illegal companies taking unathorized debits from your account. These two pdl's are both MTE. And they will debit you forever. You can not just "block" them. They use over 20 d/b/a's and will just change names, debit amounts, debit dates, etc. to access your bank account. If they find they can not do an ACH debit, they will put through an "electronic check". Please read the information regarding closing your account and close it! If at all possible, get something in writing from your bank stating the account is closed & will not re-open. You're best bet is to go to a completely different bank and open a new account. I know it sound extreme; however, MTE is totally ruthless. If you have any questions at all regarding the whole bank issue, please post. We'd be glad to help you. Try to get this taken care of ASAP before your next debits are scheduled to hit. Please post ANY questions or if you need any help. We're here to help you get this done. Then once your bank account is taken care of, we'll work on sending letters to MTE regarding the loans. Okay? Post any questions. :D
Follow cannr's advice. Very knowledgable about these nasty pdl'
Follow cannr's advice. Very knowledgable about these nasty pdl's.
ladybug
saying hi
hey there canner sorry i havent been around ,but ever sincne i changed account numbers i.ve had no problems with fast cash they dont even email me ,the state of vermont emailed me the other day and they want information about them loaning in this state so im like uoh there in trouble i didnt respond to the stateof vt yet we,ll i wanted to say hi to u and all u can share with everyone how i got them off my back well, take it easy my friend peace be with u kevin in vt
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kevin! My friend! :D Thanks for stopping by! Please do give your state the information they requested. They asked for it for a reason. I filed a complaint with my state AG regarding a pdl and my state AG forwarded it on to the state AG where the pdl is. That state AG sent me forms to fill out. So, apparently they consider it important to fill this stuff out. So, when you get a chance, go ahead and fill it out. It'll help in the long run. I hope they're on to them. Peace to you, my friend!
Well, we'll see how the next day or two goes. I've got some grea
Well, we'll see how the next day or two goes. I've got some great ones in mind....muhahaha!
did you get them to stop drawing money from your account?
did you get them to stop drawing money from your account?
dgf, this post is from 3 years ago. If you have questions on ho
dgf, this post is from 3 years ago. If you have questions on how to deal with USFastCash, or any other illegal lender, please ask. We're here to help. Also, you can check out this thread for info on how to deal with illegal lenders. http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html
usa fast cash
hi i am also in the same boat i did not want loan and sent me any way how would i get a letter to send them and where do i send this i have closed my account as a a result.I just want to clarify that us fast cash is not liscened in the state of florida so i cannot go to jail thanks