I finally see light at the end of the tunel
Well I have three more. One is United Cash Loans, which I know
Well I have three more. One is United Cash Loans, which I know is illegal anywhere...I paid them 315.00 (in fees) on a 350.00 loan. The other on is Loan Point USA. And after that is Cash First, which I think is a sister company of United Cash Loans..Cash First has not contacted me about my default yet, they other ones have.
Have you sent them a C & D letter, revoking ACH authorizations &
Have you sent them a C & D letter, revoking ACH authorizations & wage assignments? If you have, I wouldn't concern myself too much with them, take care of the legal ones first! You only owe United Cash Loans 35 bucks and it will be paid off!
I have not sent any letters yet. I closed my bank account.
I have not sent any letters yet. I closed my bank account.
Should I send letters? They are not in collections yet so will a C&D letter even do any good? Loan Point is legal....
Only to the illegal lenders, however, you may still revoke any w
Only to the illegal lenders, however, you may still revoke any wage assigments you may or may not have signed with any of these lenders (even the legal ones), it's better safe than sorry to do so, I'm sure you wouldn't want them to attach your wages. :)
I believe that United Cash Loans is part of MNE and I don't thin
I believe that United Cash Loans is part of MNE and I don't think that Cash First is affiliated with them. On the right of the posts there is a section under "Useful Links". You can pull up the sample letters there. If you need more help, check back.
is there a letter I can use to send about the wage assignment? S
is there a letter I can use to send about the wage assignment? Should I also give a copy to my employer?
Quote:The date Your name and address The name and address of
Quote:
The date Your name and address The name and address of the creditor Your account number with the creditor Dear Sir or Madam, I hereby revoke your right to use any wage assignment I may or may not have signed with you. You no longer have my permission to use this wage assignment. Sincerely, Your signature |
Shazz has given the info on the wage assignment but if you send
Shazz has given the info on the wage assignment but if you send the C and D letter from the template, it will be included in that as well.
Quote:Should I send letters? They are not in collections yet so
Quote:
Should I send letters? They are not in collections yet so will a C&D letter even do any good? Loan Point is legal.... |
Legally speaking, the companies don't have to follow the C&D letter, as they are the original creditor and the fdcpa doesn't apply to them. If you are trying to convince these companies that you know the laws, you don't want to send something that makes it look like you don't . . . . Just my opinion.
Congrats on settling with the two! Doesn't it feel good to see t
Congrats on settling with the two! Doesn't it feel good to see the list of loans get smaller? Keep us updated on the other ones, I am trying to work with Loan Point USA and am always interested in seeing if/how other people get them to work out payment plans.
Goudah, that's why I'm not even going to send them a C&D letter.
Goudah, that's why I'm not even going to send them a C&D letter. I know they don't have to honor it.
This is from Impact Cash/Cash First. They will mark you paid in
This is from Impact Cash/Cash First. They will mark you paid in full if you have already paid the principal as they should not loan to PA residents. It is right on their website. It will get written off.
Residents of Utah, Colorado, Georgia, New Mexico, North Carolina, Ohio, Virginia, West Virginia, Pennsylvania, New York, Maine, Vermont, Massachusetts, Connecticut, New Jersey, Maryland, and Puerto Rico are not eligible to apply for a cash advance on this web site.
That's what I tought b/c their(cash first) website said that PA
That's what I tought b/c their(cash first) website said that PA residents aren't able to apply....so I only own them $30.00 more dollars. I paid 270.00 in fees. They have not called yet and when I log onto the site it doesn't say anything about collections.
payday loans in MA.
I have 3 loans with mycashnow.com discountadvantage.com and cashtransfer.com are they illegal in MA state.
what should I do to get out of this loan? can afford to pay them anymore, I dont want to close my account?
dont know if my bank will stop ACH. my bank is Bank of America.