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500 Fast Cash - Compliance ???

Date: Thu, 04/01/2010 - 12:52

Submitted by anonymous
on Thu, 04/01/2010 - 12:52

Posts: 202330 Credits: [Donate]

Total Replies: 6


I had to close my bank account. I receied an email from 500 Fast Cash to contact them, I have tried to all them but they tell me that they cannot help but they would send a email to the collections dept to call me. I have call twice and sent 4 emails, no response. I finally found the phone number for the collections dept. They told they could not help me but the compliance dept would be contacting me. Not sure if this was started because I ask if they were legal in Oregon. I have had about 4 loans from them. How do I contact them


Again with the sweeping assertions of who is "legal" and who is "illegal." If they are "illegal" why did the California courts rule in their favor when the Department of Corporations went after them? Why was the Colorado AG begging his own state's supreme court for the right to send them a subpoena just this past January? For that matter why have only three states (West Virginia is the third) taken any serious action against them when they lend in all fifty?

Forget this "illegal" stuff, since no one here has the pockets to sue them and they aren't going to sue anyone either. It's irrelevant. No one is "illegal" till someone with the authority to do so holds them accountable so why waste time playing amateur attorney. Take a practical approach instead. Just avoid their calls. You'll be amazed how quickly they take your number out of their dialer when they can't reach you. Meanwhile, close your bank account and open a new one at a new bank. That will protect you from sneak attacks. And for goodness sake, never apply for another payday loan because that's how they'll get your new bank information.


lrhall41

Submitted by on Fri, 04/02/2010 - 18:37

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Quote:

Originally Posted by Anonymous
Again with the sweeping assertions of who is "legal" and who is "illegal." If they are "illegal" why did the California courts rule in their favor when the Department of Corporations went after them? Why was the Colorado AG begging his own state's supreme court for the right to send them a subpoena just this past January? For that matter why have only three states (West Virginia is the third) taken any serious action against them when they lend in all fifty?
Forget this "illegal" stuff, since no one here has the pockets to sue them and they aren't going to sue anyone either. It's irrelevant. No one is "illegal" till someone with the authority to do so holds them accountable so why waste time playing amateur attorney. Take a practical approach instead. Just avoid their calls. You'll be amazed how quickly they take your number out of their dialer when they can't reach you. Meanwhile, close your bank account and open a new one at a new bank. That will protect you from sneak attacks. And for goodness sake, never apply for another payday loan because that's how they'll get your new bank information.


Excuse me, they are an unlicensed lender, and that doesn't give the lender a legal leg to stand on.


lrhall41

Submitted by Shazzers on Fri, 04/02/2010 - 18:43

( Posts: 17344 | Credits: )


No one will call me back or reply to my numerous emails. Makes me feel very uncomfortable
this is a new loan but they are demaind all of it paid back at once but no one will call for arrangements. This is about my 5th loan with them, never had any problems until now


lrhall41

Submitted by on Wed, 04/07/2010 - 19:35

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Quote:

Originally Posted by Anonymous
No one will call me back or reply to my numerous emails. Makes me feel very uncomfortable
this is a new loan but they are demaind all of it paid back at once but no one will call for arrangements. This is about my 5th loan with them, never had any problems until now

What state are you in?


lrhall41

Submitted by Shazzers on Wed, 04/07/2010 - 20:28

( Posts: 17344 | Credits: )