PLEASE HELP!!! NATIONWIDE CASH.COM/AMBASSADOR

Date: Fri, 01/11/2008 - 13:08

Submitted by anonymous
on Fri, 01/11/2008 - 13:08

Posts: 202330 Credits: [Donate]

Total Replies: 18

I have a payday loan through NationwideCash.com (AKA Ambassador) and they have scared so much that I don't know what to do. My original loan was $500. I paid the fee of $125 twice and on the third payment, because there was not sufficient funds, it was sent back by my bank. I have since closed my account to avoid any further fees. I honestly thought that if I called them, they would be willing to work with me. But when I called last week and offered $100/month, they refused. They want the balance (now $780) paid off within 90 days. I just can't do that. A rep called today and said that I commited fraud and that unless I sent a payment, they would pursue further action. I also made the HUGE mistake of taking this loan out through my computer at work on my lunch break. Today, the rep from Nationwide told me that because I did that, THEY CAN INVOLVE MY EMPLOYER IN THE FRAUD INVESTIGATION & SUE MY EMPLOYER IF THEY WANT. This is crazy. If they call me employer about this, I will lose my job. Not to mention the embarrassment this will cause. I told the rep to not contact my employer at all. He hung up on me. An hour later, a co-worker brought me a fax from our work fax (which is a shared fax in our office) and it was a letter addressed to me from Nationwide (signed by the same rep I spoke to an hour before) showing that my payday loan was in default and how much and everything. I was so humiliated. I called Nationwide back & asked for a manager. When I told him that by law he can not contact my employer if I tell him not to and that sending that fax was harassment, he told me that he was going to file crimial charges against me TODAY and that he was going to contact my employer today personally.
I am freaking out so bad. Part of me believes that these are idle threats, but how can I know for sure?
I know this is a long email, but someone pleae help me. I can't get arrested can I? I have never done anything criminally in my life & I did not intend to not pay this - everything just kind of fell apart.
I tried calling the New Mexico financial division listed, but there was no answer. I know they are based out of NM because the address on the letter they faxed me is Espanola, NM.
Can they press criminal charges against me?
Can they really involve my employer?

Send them a certified letter telling them to cease and desist fr

Send them a certified letter telling them to cease and desist from contacting you at work. File a complaint against them with the FTC the Attorney General in there state and yours for harrassment. They can't file criminal charges. Are you in New Mexico or are they. They are trying to scare you. They must be real proud of themselves for intimidating you. Jerks! I think I read somewhere where they are already being sued in certain states. I will try to find thainfo. For now try to relax and enjoy your weekend. You have come to the right place. We are here to help