Credit Protection Depot (discountadvances.com and mycashnow)
Date: Mon, 12/03/2007 - 10:41
I just got a letter from Credit Protection Depot saying they are going to take further action:

____________________________________________________
I went to mycashnow and discountadvances for which these people collect for and those two companies are in Granada....
Well not only that, these companies are not licensed to do business in AZ or any other state. According to AZ law, the debts are void and I do not have to pay them anymore. I have paid 150 dollars each which is half the principle for both of these and the bank account used at the time has been closed. I'm thinkings about giving these people a call to give them a coaching about AZ law. As for the letter, I'm going to laugh and shake it off. The debts they are trying to collect are void.
I think they must have sent out a flurry of letters to customers
I think they must have sent out a flurry of letters to customers recently, as Morningstar also got one. I would also report them to your state AG if nothing else fails. At any rate, I would send them a copy of the letter you got.
..and also, careful leaving your name in and posting it here.
..and also, careful leaving your name in and posting it here.
I will send a letter
Yeah I will probably send a letter to the AG office. These people need to be stopped. If they every did try to take me to court, no judge in the state of AZ will side with them.
Sounds like a plan--I'm sure the AG would be very interested in
Sounds like a plan--I'm sure the AG would be very interested in this!
Most of us have sent letters to our Ag office. In some instances
Most of us have sent letters to our Ag office. In some instances they help , but in some they do not.
danka...I had a MyCashNow and PayDayMax loan and was contacted b
danka...I had a MyCashNow and PayDayMax loan and was contacted by CPD on both. They closed my MCN account (it was paid in full for the original loan amount) and I settled PDM with the remaining balance on the original loan amount as well. It was pretty quick and painless for me. They called me once, I sent a copy of my C and D letter to them and the next call closed both of them. Like Kash said, sometimes the AG's office helps, sometimes not. I am finding that I am not getting much help from them but since I am now dealing with just 2 PDL's I am being more aggressive with the AG's office.
pdl
I borrow 600.00 from discount advances I was unable to make the bi-weekly payments. I started to receive phone calls all day long I ask the them to send me a letter stating that he is authorize to collect this debt he said I don't have to send u a letter. He said I must go to kmart and send him 1353 before 12pm. I ask him not to call me. He calls25 times a day.
What state are you in? How much have you paid so far?
What state are you in? How much have you paid so far?
Open account with Discount Advances
I live in New York. No payments made with discountadvances P.DM contacted me regarding Mycashnow account I borrow 135.00 the person who is handling my account stated I owe 312.00. I paid 200.00 as of this date.
PDLs are illegal in NY. Here are your state laws. If your
PDLs are illegal in NY.
Here are your state laws.
If your borrowed $135 and paid back $200 you are done and they in fact owe you $65.
You can go here and read the steps to take when dealing with an illegal lender.
For illegal/unlicensed lenders you only owe back the amount you borrowed.
Thank you for your help. I will follow immediately.
Thank you for your help. I will follow immediately.
Thank you for your help. I will follow immediately.
Thank you for your help. I will follow immediately.
They had me pay through western union and then banged out my che
They had me pay through western union and then banged out my checking account for over 1000! Also they have sold all my info to other spammers and my checking acct was billed fraudelently from uclipandsave.com what a scam beware
This company is a complete scam and they are really located out
This company is a complete scam and they are really located out of the country in granada Nicauga. I would like to find out if they can really report to credit angencies. After being threatened about reporting me to the credit agencies i paid. Then they used my bank account information and took out over a 1000.00 dollars on top of my payment. I got my money back from the fraud dept of the bank and will now dispute my credit card payment through western union. I will take my chances as to them reporting me to the credit agencies. If i didnt mention prior once you give them all your data they sell it and you will get 1000's of cellphone messages call emails and landline calls to solicit business of other venders. Then i was charged from uclipandsave.com for something i never signed up for.
Beware this company will rob you when you have money in your account. Change your bank account numbers because they will try different amounts to get around you putting a stop on those amounts being charged. Good luck and beware i believe they will be shut down soon. Western union should really be informed to get them off their drop down list of venders.
[QUOTE=Anonymous;703862]This company is a complete scam and they
[QUOTE=Anonymous;703862]This company is a complete scam and they are really located out of the country in granada Nicauga. I would like to find out if they can really report to credit angencies. After being threatened about reporting me to the credit agencies i paid. Then they used my bank account information and took out over a 1000.00 dollars on top of my payment. I got my money back from the fraud dept of the bank and will now dispute my credit card payment through western union. I will take my chances as to them reporting me to the credit agencies. If i didnt mention prior once you give them all your data they sell it and you will get 1000's of cellphone messages call emails and landline calls to solicit business of other venders. Then i was charged from uclipandsave.com for something i never signed up for.
Beware this company will rob you when you have money in your account. Change your bank account numbers because they will try different amounts to get around you putting a stop on those amounts being charged. Good luck and beware i believe they will be shut down soon. Western union should really be informed to get them off their drop down list of venders.
[/QUOTE]
If they do report a negative remark on your credit report, just dispute it.
Discount advance in North Carolina
I just received a call stating they were going to take me to court and get me for fraud for closing my bank account with intent to not repay the loan. Can someone tell me if they can do this.
Quote:Originally Posted by AnonymousI just received a call stati
Quote:
Originally Posted by Anonymous I just received a call stating they were going to take me to court and get me for fraud for closing my bank account with intent to not repay the loan. Can someone tell me if they can do this. |
no they can't.they basically implied you commited a crime as that is what fraud is.file a police report for the threat.then file AG,AND FTC complaints.then do not talk to them further.a waste of time.