CashNetUsa

Tina, I am a bit confused. If you had an address, why did you ask for another one?
I would use the address that you can send it certified to.

And even with money orders....you can check to see if it was cashed...and then you would know they got it for sure...

What did you do to get an address I sent two emails early last week requesting payment plan and physical address, I let them know my bank account was closed and they still obviously tried to debit my account because I received an email thanking me for my payment. Which I know they will not get. I will now be in collections with them but I tried to prevent that by corresponding with them early in the week requesting an address. Please let me know how you handle your situation with them. I know they are legal and I do not want to mess things up with them.

Ok butting in here, since when can you not send certified mail to a PO box?

Yeah, you can. They just put the slip in the box and when the boxholder picks up the mail they see the slip and go sign for the mail. I have a PO box, and have recieved certified letters.

One thing I'm confused about. Cash Net USA's address is on their website.

Address
CashNetUSA
P.O. Box 06230
Chicago, IL 60606

It's also on the BBB . . . .

Quote:

Quote:

I have a physical address....just a sec and I'll post it.

here it is...I had just posted it in another string.

CashnetUSA
200 W. Jackson ST, Ste 2400
Chicago, IL 60606
(312)568-4600

It's probably best to mail it to the PO Box. Most places like that don't actually get mail at their physical address.

I am also in Collections with CashNet USA. I told them that I am unable to pay the rest of the loan. I have already paid $1100 and change on an $800 loan and they say I owe them $1000. I am in Florida. They also called one of the references I put on my original application. What can I do to stop them?

There isn't much you can do to stop them. They are a legally operating company. You will have to pay the debt. Cash Net USA is a CSO in Florida, that is how they get around the laws. It's perfectly legal for them to do it this way.

What is a CSO? Isn't there a law in Florida on interest charges?

There is a law in Florida about interest charges. A CSO is a Credit Service Organization. Federal law says that any fees charged by a CSO cannot be considered as interest. So Cash Net USA is charging you a fee of $25 per $100 borrowed, and 18% interest. That $25 in fees per $100 cannot be considered interest. So legally speaking, they are within the laws of Florida by charging you 18% interest.

ok - so the original loan amount was $800 - for the next 6 pay periods they charged me $220 payments. I stopped the last payment and told them I had financial difficulties and could only pay $50 per pay period with no more interest they would not take it.

Also - they are contacting the references from my loan application, is that legal?

It is legal for them to contact references . . . . But they cannot tell those references any info about the debt.

$25 time 8 = $200 plus 18% interest would be about $220 . . . . So they are calculating correctly . . . .

Now - the reference has told them not to contact her anymore. Can they still call her or does she have to send a cease and desist letter not to be contacted.

Putting it in writing would probably be the best. You can't prove you told them not to call over the phone, but if you have it in writing you can prove it.

I just got a call from them and I told them by checking account was closed and that I needed a physical address to mail a payment. I was told they don't have a physical mail address because they don't have a mail processing department.
Which address did you recieve a receipt from?
Thanks!

I have not been able to get a physical address from them, to send a money order to them, however, they have been pretty easy to work with for me so far. They finally answered my emails. I had a payment plan lined out to repay them however it was in 4 payments and according to the laws of my state, it must be repaid in 3 payments of 1/3 each(at least that is what they have stated) and they actually moved my first payment date to 12/21. I am still not sure how I am going to pay them. I will definately not be using my new bank account to pay them out of. I really don't want to spend the extra cash using western union or money gram. I remember reading somewhere here about someone's idea of purchasing a Visa Gift card at their bank that you can add the exact amount to and give that number to the PDL company, that way they don't have any access to your personal information. Of course while all of the email corresponding was going on, I had two phone calls and messages from someone else there telling me to call them back! We will see what happens, this is the only legal PDL I have and I want to make sure I follow all the correct steps in handling the repayment process.

The above post is from me I forgot to log in:)

I just received another email from Cashnet and they did say that until I chose a payment type and provide that information to them, I will be in collections mode an receive daily emails and phone calls, but once I confirm payment type, the calls will stop.

pepsi- Are you still looking for CashNetUSA information? I just saw this on another thread from goudah.

Physical address:

CashNetUSA
200 W. Jackson St., Ste. 2400
Chicago, IL 60606
(312) 568-4600

Payment Address:

CashNetUSA
PO Box 06230
Chicago, IL 60606

Goudah stated to send any payments or anything like that to the PO Box address. Hope that's what you're looking for!

Okay why would they send me this email some 3 months later?

Thank you for applying to us for a cash advance on August 03, 2007. We
truly value your business.

After carefully reviewing your application, we are sorry to advise you
that we
cannot provide a cash advance to you at this time. If you would like a
statement of specific reasons why your application was denied, please
contact
our credit service manager shown below within 60 days of the date of
this
email. We will provide you with the statement of reasons within 30 days
after
receiving your request.

CashNetUSA Customer Support
Phone: 888.801.9075
Fax: 866.326.5265
cashnetusa.com

CashNetUSA
200 W. Jackson Blvd., 14th Floor
Chicago, IL 60606-6941

I dont recall ever applying with them.

I hope you don't feel too bad that they turned you down.

ROFLMAO. I was heartbroken because I really needed that illegal loan to do some shopping! :lol:

Aminah, atleast you were turned down. I was given two pdls I never applied for and now I am fighting them.

Thanks Cannr.
I had made arrangements to send them 39.00 via moneygram on Friday. Now that I have the physical address I am thinking about calling them back and telling them I will send 50 via a money order. Or should I just stick with the first arrangement?

pepsi, up to you, my friend! If they want "more" money, they'll take you up on the $50 money order deal. I personally don't like money gram/western union. You don't know where the money is REALLY going! Send them an email (or however you made your payment arrangment) and TELL them you will send a money order for $50 to (and put the address). See what kind of response you get. :D