Cease & Desist letter for CTC

I sent each of my PDLs cease and desist letters.

CTC is operating from Malta and will not care. They will however try to settle with you if the wage assignment fails. Iwent through it with them. They have a call center in British Columbia also.

Yes, from what I have read on this site they are one of the worst ones to deal with. Honestly I tried to work something out with them but they demanded the whole amount repaid immediatly and I wasn't able to do that.

When I dealt with CTC, I faxed, mailed and emailed the letter. They stopped calling after about two days.

I haven't heard from them either since I closed my account a couple of weeks ago.......I told them in their email that it was an illegal debt but willing to pay back the principle only even though I have paid well over in just fees alone...I think we emailed back and forth twice and that's it...not sure what to expect from them now....hopefully they are gone bye bye and i won't have to worry...keeping my fingers crossed......for all of us..

Are they licensed in the States. I have a loan with them. $1500 repaid every 15 days w/405 fee. I can't get out from under this one!!

They are illegal. They are overseas. They are horrible. They will send a wage assignment to your employer to try to get money from them. A wage assignment is totally voluntary, so it does not have to be honored (plus this is an illegal company anyway). ginurse, you're going to have to at LEAST send them a letter revoking wage assignment. This way your butt will be covered if they send one to your employer. Also, you're going to have to close your account to prevent them from debiting. What state do you reside in?

I am in wyoming. I will repay them the amount borrowed, nut they will not make any arrangements at all.

ginurse, they won't. They are very illegal and don't give a crap. Honestly, the only thing you can do is close your bank account to prevent them from debiting you. You will need to send them a letter revoking debit authorization and wage assignment. Especially the wage assignment because they WILL send one to your employer. I'm going to post your state pdl law just so you can see it. However, CTC is illegal - period. I am also going to post something regarding closing your bank account. If you have any questions, please post. We can help you.

You will find the Payday loan laws for Wyoming here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

Thanks Cannr. You sure do help me alot!

Took a loan out with CTC and then received an increase and was going to do that but their policy is a two week loan only...almost took the bait but called and emailed at the last minute and cancelled the loan...Boy am i glad i did ..they cleaned me for over 600.00 on a 300.00 loan.

Oh, white! They are bad, bad, bad. And then to try to pull wage assignments on people. Ugh!!!!

And, ginurse, no problem! That's what we're here for!