Question about cashadvance.net

Date: Wed, 06/11/2008 - 18:48

Submitted by anonymous
on Wed, 06/11/2008 - 18:48

Posts: 202330 Credits: [Donate]

Total Replies: 2

Recently I have been getting calls from a company that claims they are a attorney's office that has been directed to handle my case in regards to a pdl that I got with cashadvanace.net the problem is I dont remember getting a loan from a place called cashadvance.net When I asked the guy is there another name that they go by he said no.Even with not knowing 100% if I ever did get a loan with them. I ask them how much do I owe and he informed me that my balance is $600 dollars. Impossible because I have never borrowed no more than $200 from any pdl. He also informed me that they could only except any payments in two parts $300 each. What should I do? This is the second time he has called my job and both times I have ask him to send something in writing. That states Why I owe this amount. Is this even legal? What will happen if I dont make the payments? I want to make good with my any debts that I have but my income does not allow me to make those type of payment arrangements.

The best and the easiest way to find out whether you actually ha

The best and the easiest way to find out whether you actually had a loan with cashadvanceor not, is by sending the collection agency the letter of debt validation.

Another option is to pull your report form all the three credit bureaus to check for this account. If the account isn't there in your report then most likely that you never had this account.

Inform the CA that you'll not entertain any collection calls from them till you receive their reply on the DV letter.

The collection agencies are bound to follow the fdcpa laws and can't annoy you by calling at your workplace.

However, first thing first, send the DV letter through the certified mail (so that you receive a receipt for the future references)right-away.

lrhall41

Submitted by tweetyturner on Wed, 06/11/2008 - 21:21

( Posts: 278 | Credits: )

Dear Shavondixon, Yes, I fully agree with Tweetyturner. Pleas

Dear Shavondixon,

Yes, I fully agree with Tweetyturner. Please do what she has said.

Now, if a CA violates fdcpa then you can sue that collection agency in a state/federal court. If you win the case then you can recover all the damages suffered by you. In addition to it you can also win an additional amount of money up to $1000. You can also recover court cost along with attorney????????s fees.

Regards,

Phoenix

lrhall41

Submitted by phoenix on Thu, 06/12/2008 - 01:29

( Posts: 1445 | Credits: )