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email from cashtransfercenters.com

Date: Fri, 01/04/2008 - 08:02

Submitted by pdl_h8r
on Fri, 01/04/2008 - 08:02

Posts: 9 Credits: [Donate]

Total Replies: 9


Hey guys,
This is something I got in an email this morning. I have already sent the letters stating that they are illegal and that my initial principle balance has already been paid. Just wanting thoughts on this:
Quote:
Thank You for choosing CashTransferCenters.com for your short term financial needs.

The loan issued to you that became due in full on 31-Dec-07 is now outstanding.

Please be advised that this outstanding amount has been listed on your Teletrack Report and at this time, is negatively affecting your Credit Score. Once the outstanding amount has been paid in full your Teletrack score will be updated to reflect your account has been paid in full.

If Payment Services is unable to contact you we may initiate contact with your Payroll Department in an effort to ensure that the information you provided to us is accurate.

It is our wish to retain you as a customer.

Please contact our office immediately to arrange for full payment to be made. We will immediately cease all action against your account upon receiving full payment of the outstanding balance.

We look forward to providing you with all of the services that were previously available to you as our valued customer.

Sincerely,

Ecare Payment Services


As soon as you go into work on Monday, YOU ABSOLUTELY have to send a letter to your payroll(email is fine too) and revoke any wage assignment you may have signed with any company. Wage assignments are signed with almost all PDL companies, stating that you VOLUNTARILY agree to have them take the money they owe directly from your check, but it is STRICTLY VOLUNTARY and you make REVOKE it at any time. Send a letter to the company revoking said wage assignment. Keep these letters!


lrhall41

Submitted by Leah on Fri, 01/04/2008 - 16:11

( Posts: 2322 | Credits: )


Teletrack is a consumer reporting agency for sub prime loans. The only businesses that check this report are payday loans, rent to own businesses, and other sub prime lenders. No real creditor will check it, they will check your 3 major credit reports. It's nothing to be concerned about. It will only stop you from taking out more payday loans.


lrhall41

Submitted by goudah2424 on Mon, 01/07/2008 - 07:27

( Posts: 7935 | Credits: )


Voluntary Wage Assignments like the one you signed with them are also illegal in some states. And if they are legal, you also have to sign them in person. You might want to check the rules in your particular state.
Cash Transfer Centers is also in bed with Sonic Payday, which is one of the worst IPDL's out there, btw.


lrhall41

Submitted by kscornell on Tue, 01/08/2008 - 19:17

( Posts: 4407 | Credits: )


I got a letter dated June 15, 2009 from AmEx stating that they would not increase my line of credit because I have a record with Teletrack.


lrhall41

Submitted by on Tue, 06/23/2009 - 08:48

( Posts: | Credits: )