Heard back from 500fastcash
Date: Mon, 09/13/2010 - 17:20
This department has received the recent communication regarding the above account. The terms and condition are available from the website from the time of application, and there is a 48-hour window of in which to cancel the agreement and return the funds without incurring any fee. **IF YOU READ THE TERMS, AND DISAGREED, YOU SHOULD HAVE CANCELLED THE AGREEMENT, AND RETURNED THE FUNDS.[FONT=AvantGarde][/FONT]
You were emailed the approval and confirmation details (which also detailed terms, options for payment and cancellation options) on: 08/23/10.
[COLOR=red]**These emails contained our email, Customer service phone # and Hours****[/COLOR]
Account Summaries & Links were emailed to you on: 08/25/10.***these had the paydates we would debit,
The account summary provided to you also summarizes the terms once more and all the options you have for repayment. These documents contained all info needed including the date of the first debit, they were emailed to the email address provided on the application
We do wish to assist you:
************Current Balance at this time: $390.00+ in collections, due to your revokation ******************
[COLOR=maroon]As a courtesy, we can offer a onetime settlement offer: $300.00***WAIVING ALL FEES**ASKING FOR DEPOSIT ONLY*****Your account has been reduced to the above amount owing until: [/COLOR][COLOR=#3366ff]09/24/10.**if this is paid by or on 09/24/10 you will owe no further balance on account. All debits have been stopped at this time to your account. ****YOU WILL NOT BE OFFERED THIS KIND OF DISCOUNT AGAIN****[/COLOR]
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Due to the revocation on your account, the money for the reduced offer must be by calling in a debit card to this dept 1-800-410-5568, you may also use a “PREPAID VISA (NO GIFT CARDS) “available at many retailers, ***otherwise account settlement will be void after above date and sent to immediate collections for the full balance owed. If you insist on mailing payments, account will stay at full balance, and collections will continue until acceptable arrangements are made.
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Please call 1-800-410-5568 if any questions, you must confirm this offer by email or phone within 48 hours. [FONT=AvantGarde][/FONT]
If settlement is not received, collections WILL continue on account per the contract for the full amount now due of $390.00+ ADDITIONAL FEES, PLEASE NOTE WE ARE THE ORIGINAL CREDITOR, NOT A 3RD PARTY, CALLS WILL BE MADE IN AN EFFORT TO SETTLE YOUR ACCOUNT.
500FastCash Compliance Department
Fax-1-800-803-9310
[FONT=AvantGarde][URL="wlmailhtml:{00C85815-2EFE-4BDB-A016-30D6127D039D}mid://00000042/!x-usc:mailto:compliancedepartment@500fastcash.com"]compliancedepartment@500fastcash.com[/URL][/FONT][FONT=Calibri][/FONT]
well for starters this pdl is part of MTE,and they are a bunch o
well for starters this pdl is part of MTE,and they are a bunch of scum eaters.secondly you do owe the principle borrowed,but if they took even one debit for fees deduct that from the principle.if by chance they didn't debit at all you should pay the 300.00 with a prepaid debit card loaded only with the 300.00.however again if any debits were made prior to default then deduct that from the 300.00.btw internet pdl's break the law left and right,so their collections won't be any different.go to the sticky titled DEALING WITH ILLEGAL LENDERS.there should be a template for a WAGE ASSIGNMENT REVOCATION letter.you should send that if you haven't already.once they receive that all they can do is threaten stupidly.
Follow Paul's advice, and I would tell them to kiss off.
Follow Paul's advice, and I would tell them to kiss off.
Thanks! I had the wage assignment revokation in the ACH revokati
Thanks! I had the wage assignment revokation in the ACH revokation letter so I am covered there. I do plan on paying whatever I actually owe, i just don't think that I can pay the $300 by the date they say. Hopefully I can. I just wasn't sure how to handle it if I can't. Does anyone have any experience trying to get them to negotiate a reasonable payment schedule?
Quote:Originally Posted by sbutler718Thanks! I had the wage assi
Quote:
Originally Posted by sbutler718 Thanks! I had the wage assignment revokation in the ACH revokation letter so I am covered there. I do plan on paying whatever I actually owe, i just don't think that I can pay the $300 by the date they say. Hopefully I can. I just wasn't sure how to handle it if I can't. Does anyone have any experience trying to get them to negotiate a reasonable payment schedule? |
Quite honestly, I wouldn't even TRY to negotiate with them, they are illegal and that doesn't give them very much credibility. Besides, you are holding the ball here, pay them what you can, when you can, and tell them no address means no payments.