Anyone ever delt with 500fastcash, ameriloan, or cashsupply?

i am dealing with ameriloan and cash supply (well I did agree to a settlement with them)

ameriloan just, as of minutes ago, responded to the BBB complaint i filed and said that they are willing to settle on my balance of 695, they said that i could pay only 245, now get this i have already paid 375, and the loan was for 150!!! :)

that's hilarious! they are such crooks!

yep!

i told them i will not accept anything less than a paid in full letter by 11-30-2007!

Always send letters, always have proof. Always cover yourself. And keep trying for the PIF, eventually they'll get the point and give it to you. Or at least that is how I think it works, because I didn't overpay any of mine....

well lets hope you're right poko

Don't know where Jen went but I am actually dealing with ameriloan right now. Seems like they finally stopped calling me. I kept telling them (that is when I would actually be at my desk to answer my phone) that I sent them a letter regaurding the matter and to not call me at work. One of the conversations I told them they should have been contacted by the state department as well.

Hopefully they finally got the message because I was tired of them on my phone. I'd get all excited thinking it was something important.. but no one calls me at work except for people I don't want to talk to.

I closed my account last month, and I know their drafts were returned, but I haven't heard from ameriloan or 500fastcash. I'm wondering if it's the calm before the storm, or they know they aren't licensed and I've already overpaid them.

jen, ameriloan and 500FastCash will not be licensed anywhere. And, yes, they know they are illegal. Cash Supply is licensed in New Mexico. However, your account is closed, so - like you said - that's not an issue, thank goodness. However, you need to watch these guys. Anyone related to MTE (Ameriloan and 500FastCash) has a tendency to lay low for awhile and then pop back up. Enjoy the silence while you have it; however, do not trust it.

Calm before the storm.

They will be contacting you. But since you've overpaid them, I'd take the pre-emptive and strike first. Send them letters telling them you want a PIF and a refund. I'm not sure who has good letters for those, the one I created was for telling them you only owe them what is left on the principal.

Hopefully someone will jump in with some advice about getting your money back.

Also have you filed complaints yet? A few people have some good luck with the BBB on getting their refund

Well, I can say that it'll be like pulling teeth to get a refund from anything MTE related. However, I'm not sure of Cash Supply. People may have gotten a refund from them for any overpayment.

I totally didn't know anything about Cash Supply. So they are only licensed in New Mexico, but since most states work under the "must be licensed in state to lend" clause, they tend to lend illegally as well?

On this issue of letters, can I send them via fax or email or is it better to send them via US Mail ?I have loans with ameriloan,CMG Group, Loan Shop, B&L Marketing and Loan Point USA.
I have fax information for all of them but no physical addresses for most of them.

It is best to send them all 3 actually. But at the very least they should be sent USPS certified return receipt, that way you have proof they got it. They can claim lost fax or email..... or even lost mail, unless you send it certified... Sending them all 3 ways really shows you are trying to get ahold of them...

Sorry didn't read all your post. You can search each one of them on here and you'll find an address... I can PM you the ones for ameriloan (part of MTE) and LoanPoint (aka Geneva Roth).

Well, took care of cashtranfercenters yesterday, and I'm sending revocation letters to ameriloan, cashsupply, and 500FC on Monday when I get back to work. Something should certainly have clued me in when I'm in a two loan state and I was able to get more than two. That and the fact that CTC kept offering me loans up to 1900.00 and the limit in Ok is 500.00. Thank God I never took them up on that.

I think CTC offers them as installment loans, for that much, and I think that goes by different rules...

jen, you paid Cash Transfer Centers off and didn't re-loan, right? Cash Transfer Centers is HIGHLY illegal and they have a tendency to send "wage assignments" to your employer to get "their" money. If you did not re-loan with them, great! If you did re-loan, keep this information in mind.

nope, I ticked off some guy who calls himself "Reg Turner". I let him know that I knew they were illegal and the best they could hope to get from me was the principle on the loan. He started talking "wage assignment" and I let him know that I had already done a revocation letter to them and my employer and also advised him that as an employee of the State of OKlahoma (totally true), that I'm sure my payroll officer would get a good laugh at any wage assignment they may try to get on me. He started yelling at me that it sounded like I had no intention of every paying debt, and I reminded him I had already offered to pay the principle if and when they would like to provide a physical mailing address, and I very politely stated that I was now bored with the conversation and I was now ending it...and hung up with him still yelling on the other end. I probably would have been unnerved by all the yelling, but I used to approved income tax "snags" for the state, so I'm used to it.

jen, you are great! CTC is nasty when they want to be. Good for you! I can see "Reg Turner" staring at the phone after you hung up on him! :lol: Although, they are so ignorant, they will probably still attempt to send the wage assignment through.