Woldwide Cash now

Also a company called Finncial processing or "upfront money"

tamisha, I found this on Worldwide Cash after doing a search on this site:

Quote:

Yes it was verbal..I seen a lot of your post and you have a lot of knowledge on this. To make sure I am doing this correctly I am currently waiting for my car payment to post to my bank account so I can close my account. I have 5 PDL USFastcash,Upfrontmoney/Fiancial processing/United Cash loans and Rapid cash management. I know I overpaid RCM so my bank requested a stop payment on that payment but she said it may not work...Do you thinks its a good idea to have my bank account as "deposit only" because I dont want to interupt my direct deposit on Friday??

tamisha, you have some illegal loans here. You need to put a hard debit block/hard hold/freeze/deposit only/whatever the heck they want to call it on your account now. If you can not close it immediately, that's fine. Just make sure your account can not be debited at all. By ACH debits, by checks, by anything. Not even your ATM card. In the meantime, set up another bank account at a different bank. Then have your direct deposit routed to the new account. Leave the block on the other account. Do not let ANYTHING go through. You will need to go in and speak with the branch manager and make sure this happens. Okay? These loans you are dealing with will never stop debiting your account if they have access to it. My concern right now is your Worldwide Cash. It was a "verbal agreement". Which means, no, this will not be a legal loan. They will KILL you with debits. On verbal agreements, they almost always have a "wage assignment". This needs to be taken care of immediately. You need to type up a quick letter revoking any wage assignments. All you have to do is type the pdl information at the top. Then type "I, (state your name), revoke any and all wage assignments that I have signed with your company, your partners, or any affiliates." Then just type your name. Get this letter emailed/faxed/mailed certified to this company as soon as possible. They will send a wage assignment to your employer trying to get money. Wage assignments are totally voluntary and can be revoked at any time. However, a lot of employers are not aware of this fact. You may need to "educate" your employer regarding this. Tell them this illegal company has your bank account information and you are covering all your bases. Because you will need to give a copy to your HR/payroll person to put in your file for when they do send the wage assignment. These illegal companies send wage assignments are aren't even "valid" wage assignments. However, they make them look all official and stuff. And some people are fooled by them. That's why you need to give a copy of your letter showing you revoked any wage assignment and also tell them it's an illegal company trying to access your money (they don't need to know ALL the details). Please at least do this as soon as possible before they get the chance to send one to your employer. Get the bank account taken care of ASAP. Then we can work on sending letters to these idiot pdls that you have and get it all straightened out. Just do not let the pdls know you are doing anything regarding your bank account. They will come down on you like vultures. Stay quiet, get the bank account taken care of, get that letter revoking wage assignment out. Then we'll go from there!

Ok, thank you I believe I have there address from an e-mail they sent me..Do you have any information on a company called upfrontmoney/Financial Processing I over payed them as well..They call there advances "rebates" so at a glance they dont seem like a payday company.

tamisha, oh crap! :shock: Is this Upfrontmoney the one that does the "phone card" thing and offers a cash loan also??? Am I thinking of the correct one?

YES LOL I never used the phone card though just the so called "REBATE" lol

OMG! :shock: tamisha, these a$$ jokers will rob you BLIND!! Now, I've read a lot about them. Some people have hounded the living crap out of them for a refund (because of course everyone had overpaid by a ton of money) and I think maybe a few have gotten a refund; however, not a whole hell of a lot. I think a lot have just chalked this one up as a lesson learned the hard way. These guys are HORRIBLE. And they're whole deal is just a total scam. You REALLY need to get your account blocked asap. Your other loans aren't going to be legal loans either. We can get them taken care of. Your priority is getting that bank account taken care of. Get that done as soon as possible so these illegal idiots can't debit you any longer. Also, get that letter out revoking the wage assignment so that your employer doesn't fall for it and pay them money and take it out of your paycheck. That would really suck. Then we can figure out the amounts of all your loans and where we stand and get some letters out to the vultures and file some complaints with the government/state agencies.

Sounds like a plan..Thanks to this website I have done my homework and NY is not a state these lenders want to mess with..There totoally illegal in my state and they can only charge me intrest up to 25% instead of my 625%.I have 1 other question :) When lenders say " They follw laws of the UK" should I be concerned about that even though my state does not allow payday loans

tamisha, hell no. They are the worst ones of all. And they will argue your friggin head off - their law versus your law. Good Lord. I finally hung up on one of these guys after going back and forth regarding my law and "his" law for about 15 minutes. I figured I just wasted 15 minutes of my life arguing with this moron! You are a resident of the US. A resident of NY. The bank transactions took place in the US and in NY. You follow your law. They can stick their UK law. And the Malta law. And the Ireland law. Yes, there are pdls in all these places (some we had to actually look up to find out where the hell these places are!). They are crazy and nothing to be concerned with at all. You actually have two things going for you. First off, pdls are prohibited in your state. Second, the loans you have will not even be with licensed/legal lenders. Follow our game plan and you'll be okay!

Ok thanks hopefully my car payment will post tommrow so I can close my account and I will also call my payroll Dept to give them the letter and see if they can mail me a check instead of Direct deposit

tamisha, make sure that your bank will not "force" your account open due to pending pdl debits. This has happened to me and many others. Ask them if the account can be "forced open" by pending debits. If they say "yes", then tell them to put the hard debit block on it. Explain to them about illegal companies taking unauthorized debits from your account. If your account gets "forced open", it'll cause all those pdl debits to go through and then the bank will charge you fees also. It gets pretty ugly. Then you have to fight with your bank. So, ask them that question. If they say it will NOT be forced open, try to get something in writing from them assuring you of that fact just in case something happens. This way, you'll have something in writing and can march back into the bank and they'll take care of it. Just remember, if they can't promise it won't be "forced open", get that block put on it. Just leave it with a block on it and open a new account. When contacting your payroll department, tell them you have had fraudulent activity on your bank account. When I told my payroll that, they IMMEDIATELY stopped the direct deposit that day. Some employers give people a hard way to go and say it can't be stopped until the next pay cycle. However, if you tell them "fraud", they will usually get right on it. Please keep me posted as to how it's going. I'm always here!

Aww thanks so much I will be in touch tommrow, when I get to work I will type of the letters so I can get them out ASAP

Great! We'll get the ball rolling in the right direction and get this taken care of! :D

I was able to stop my direct deposit now im just waiting for some items to post to my account so I can close it...I might just have to put a "deposit only" on it for now until I can fully close it

I was able to close my bank account today and also had the Branch mgr to make sure it was not forced back open.

tamisha, awesome! :D You are on a roll now! Now, do you need a letter to send to your pdls? Now that they can not access your bank account, it will be safe to send them.

Yes, that would be great, I beleive I need to send them the wage assignment one and also one to make payment arragents for the $30 i owe on one

tamisha, I have a letter that you can use for all of them. You just need to "change it" to fit your particular pdl. Like if you overpaid one, state the amount and demand a refund, if you paid the principle, state you paid the principle and demand a paid in full/closed account letter, if you haven't paid the principle amount yet, state that you will only agree to pay the principle amount. It's all in the letter, you just have to "change it" for each situation. Also it does cover wage assignments signed; however, I always advise to write a separate letter (also) revoking wage assignment. This way you will have a copy to keep for yourself and a copy to give to your HR/payroll person in case they do try to pull the old "wage assignment" on your employer. On a letter revoking wage assignment, you can do it very easily. Short, sweet, and to the point. Just type the pdl information at the top, then type: "I, (state your name), revoke any and all wage assignments that I have signed with your company, your partners, or any affiliates." Then type your name. Done. Email it/fax it/mail it certified to them. Keep a copy and give a copy to your HR/payroll person. The other letter, I can send you. It's just a "guide" to use. Change it to fit your needs. Okay? Do you know how to use the "pm" feature to where we can send each other private messages? I can send it to you that way.

Ok that would be great!!

tamisha, I just sent it through pm to you. Do you know how to check your messages and get it?

I got it!! thanks this is wonderful I will send them tommrow morning

Great! :D tamisha, if you have any questions, just post!!!

canr, so far I havent heard anything from my PDL company's I have closed my account and sent the wage assignments. I would have expected a phone call or e-mail by now lol

I received an e-mail today from upfront money that states"We have received a Return on your account which indicates that your account has been closed, therefore you are attempting to defraud our company because notice of this account closure was not provided to us in a timely manner. Our account closure policy states that we terminate the contract immediately which results in a termination fee and the NSF fees associated with your returns according to your contract. We will send your account to our third party collection agency which costs YOU additional money because you pay for the collection services per your contract. If this agency does not collect the termination and NSF fees from you, the arbitration clause in our contract will be enacted in Charlotte, NC and this arbitration is enforceable by law. You MUST call us or reply to this email immediately at 888-677-3874 to schedule a payment. This email will be tracked as evidence in the arbitration. You may also login to your account at Upfrontmoney.com to schedule a deduction from your bank account or pay with your credit card. Again, call us at 888-677-3874 now to avoid additional fees.
what should I do??

Personally, I'd tell'em to bend off.

Tamisha, I went back and read throught your threads, you live in NY and your pdls are illegal there. Good luck to them. E-mail them back and tell them you are using this e-mail as evidence for your case you have filed with the attorney general in NY. Cannr said in a previous thread these guys will try anthing, give it back to them.

The World wide cash collections agency called me at work today and wanted to talk to me about my BBB complaint stating that it was inaccurate and before they respond they want to get the facts straight. I do not want to have any contact with these people any more. I have paid them enough money in fee's

I received a response from the BBB and they stated that Worldwide Cash responded to them and said me and WWC came to an agreement and the complaint can be closed...This is complete Bull I have not received anything in writing from WWC stating a resolution to complaint. Either way I am not paying them any more money I refuse to.