Cash Today Limited is driving me crazy!

Is this an Internet payday loan?

You borrowed how much? $1,000? You've now paid back that thousand. I think you're about square. You likely still owe them some interest, but not any $7k worth! There'll be some better help along in a little bit, but for now, lemme ask you this: What state do you live in, and what is the total amount[s] borrowed and paid back.

Yes this is a payday loan company. I borrowed $1000 from them,they took out $1250 out of my bank account.When I stopped them from taking anymore money from my account,that is when the phone started ringing off the hook.If I did not keep an eye on this,they would still be taking money from me. I live in NJ.

hi--

ok, here is what I would do. You live in NJ, and it is 100% legal for you to record a phone conversation so long as one party gives consent. you are that one party. I would record the next call they make to your house, where they are telling you that you owe them $7000 more on a $1000 loan. THEN, contact your state attorney general's office. Even though they are outside the US, when they endeavor to do business within the US they must do so in accordance with US laws. And there is no way in hell that what they are claiming is acceptable. During this phone call you need to talk about the loan being only for $1000 and how they have so far gotten $1250 from you, and ask them where the rest of this supposed outstanding balance comes from. Get that on tape, and send a copy(not the original) to your state's AG office. Something else you need to bring to the AG's attention is the fact that this is an overseas company using a fake address to do business here. By using a fake address, they are completely misrepresenting their business, which is illegal.

Oh, one more thing--when you record this call, make sure you mention the following phrase, or something to the same effect:

You people are not allowed to call me either at my work number or at any other number. Anything you need to communicate with me needs to be done in writing, through the mail.

I dont care what they say, even though the law says that you need to notify them in writing, you can make quite a strong case in front of a judge, if it gets to that point, by showing that someone who is an employee of that company did in fact get this request from you and failed to honor it, or to pass it to appropriate internal channels so the company could honor it.

Here are the recording laws for NJ. Tough to interpret.
N.J. Stat. ???? 2A:156A-3: Interception of any wire, electronic or oral communication, or disclosure of the contents of such communication by someone having reason to know of the interception, is a crime. The disclosure of intercepted information is not a crime, however, if the contents of the communication have "become public knowledge or public information."

In addition, an interception is legal if the interceptor is a party to the communication, or one of the parties has given prior consent, so long as no criminal or tortious intent is present. Nonetheless, even if a person is a subscriber to a particular telephone, that person cannot consent to the recording of conversations on that telephone to which he is not a party. N.J. Stat. ???? 2A:156A-4.

Civil liability for unlawful interception or disclosure can be imposed for the greater of actual damages, $100 per day of violation or $1,000, and can include punitive damages, attorney fees and litigation costs. N.J. Stat. ???? 2A:156A-24.

not hard at all--the key is this line right here:

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