OMG...ok now I am scared of what may happen

Nationwide Cash is trying to scare you to make you pay the debt. They cannot do anything except than threatening you. Send them a letter/email that if they do not comply to your request, you will file cases against them with your state's Attorney generals' office.

In addition to to Paul said, send them a letter revoking wage assignment and give a copy of it to the HR department of your office.

Jesus....send a copy of that letter to your AG's office.....they are so full of BS.

[QUOTE=pleasehelpme;758617]ok, I closed by bank account and sent out letters to the companies explaining what what going on and how it is illigal, etc...the only company that has responded to me so far is Nationwidecash..below is what he sent back to me..

Let me get this straight. You have signed a contractual agreement that states you agreed to the terms of this loan and are not sending a letter stating what you will pay back and you will not comply with the terms of the agreement? Because NationwideCash, Inc wants to resolve this voluntarily, i want to give you the opportunity to contact me by 10/14 which is your next payment due date. If i do not receive a call by that time frame i will continue with action against you. While you are deciding to do this i will investigate the IP address you used to obtain this loan. I'm sure you are writing the other pay day loan companies the same letter. However, this company is bonded by federal law which means your state law does not apply to our company. Because federal laws supersede state laws it is very important you contact us for a payment arrangement. At this time your full balance is due and i am willing to work with you, but if i do not receive a phone call for a payment arrangement by tomorrow then the full balance will be due. This will be the last email i will write to you concerning this. You are welcome to do as many research as you want on federal, but state laws do not apply to us because you agreed to our loan documents. Good luck with your future finances. I look forward to your call.

this is what I had said in my letter that I sent to them..

[COLOR=#333333]I am willing to pay the remaining principal amount of the original loan of $500.00. I have already made 2 previous payments of $150.00 each, which is a total of $300.00 put towards the payoff of this loan. I will settle my account with a final payment of $200.00, which will be paid in 4 separate installments of $50.00. I will upon your written acceptance of the above terms, provide you with this payment using certified funds (money order, cashier's check, or wire transfer, etc.). The remaining amount owed, which is any finance charge, will no longer be negotiable.[/COLOR]

[COLOR=#333333]what do I do now?????? i am so afraid that these people will do something to me that may affect my job.[/COLOR][/QUOTE]


you would think they can come up with better than this.first there are no federal guidelines for pdl's,your state laws apply.second they can claim to investigate all they want.they are illegal and know it.i like SOAPLADY'S advice.either print this out or forward this to your AG as part of your complaint.as far as your job goes let your boss know that some idiot scammers might be calling,and there is no merit to what they say.that should take care of that.also get the wage assignment revocation letter in your payroll person's hands as well.do that and ignore these clowns.

here is the email I just got from them...


I apologize about not advising you the payment options. I want to make clear that we do not
accept mail in payments. It will take you a lot of money to mail a payment to Costa Rica, which
is where we are located. I don't think you understood my previous email. We are bonded by
federal law which supersede you state laws. Your state law do not apply to our financial
institution. You have 48 hours left to contact me via phone to work out a payment arrangement.
As a courtesy I am willing to split your balance into 3 payments starting on 10/14. I hope that
this helps. Because offering to pay back the money you borrowed for 4 pay periods that you
kept the money in your pocket without paying a fee is not acceptable and we will proceed with
action against you. We have the right to report delinquency on your account as you agreed by
contract. I advise you to take care of your responsibility and avoid taking such procedure
because this will not be the first time a customer is avoiding paying their debt. I hope you
realize it will not work and you take advantage of having a good history with us and other
financial institution in case in the future if you run into financial difficulties we would be
willing to help. Creating a bad history with us will just lead to harder times later on. I
gracefully look forward to your call. We only accept debit/credit card payments or prepaid card
payments.


[COLOR=black][/COLOR]
[COLOR=black]I have made complaints with NC AG and also with FTC. I talked to my payroll dept. and they told me "[COLOR=blue]Unless it is a court-ordered garnishment, we would not honor it anyway"[/COLOR][/COLOR]
[COLOR=black][COLOR=blue][FONT=Arial][/FONT][/COLOR][/COLOR]
[COLOR=black][COLOR=blue]what will stop them from calling my employer or others to make their point and ruining my name? they are located in Costa Rica, which is where he admitted that they are located. I am at the point now that I dont even want to pay him the $200 that I owe on the $500, I need that money to catch up my other bills that are becoming way past due. I still havent heard from the other 3 companies that I sent my letter to..[/COLOR]

[/COLOR]

then don't pay them until you can.btw the costa rican climate must damage brain matter as again there is no federal anything in regards to pdl's.i would file FTC complaints against this illegal pdl. go to www.ftc.gov you file file the complaint online.since they admit to be out of the country they really have no teeth to their threats.

[QUOTE=pleasehelpme;758734]here is the email I just got from them...
I apologize about not advising you the payment options. I want to make clear that we do not
accept mail in payments. It will take you a lot of money to mail a payment to Costa Rica, which
is where we are located. I don't think you understood my previous email. We are bonded by
federal law which supersede you state laws. Your state law do not apply to our financial
institution. You have 48 hours left to contact me via phone to work out a payment arrangement.
As a courtesy I am willing to split your balance into 3 payments starting on 10/14. I hope that
this helps. Because offering to pay back the money you borrowed for 4 pay periods that you
kept the money in your pocket without paying a fee is not acceptable and we will proceed with
action against you. We have the right to report delinquency on your account as you agreed by
contract. I advise you to take care of your responsibility and avoid taking such procedure
because this will not be the first time a customer is avoiding paying their debt. I hope you
realize it will not work and you take advantage of having a good history with us and other
financial institution in case in the future if you run into financial difficulties we would be
willing to help. Creating a bad history with us will just lead to harder times later on. I
gracefully look forward to your call. We only accept debit/credit card payments or prepaid card
payments.
[COLOR=black][/COLOR]
[COLOR=black]I have made complaints with NC AG and also with FTC. I talked to my payroll dept. and they told me "[COLOR=blue]Unless it is a court-ordered garnishment, we would not honor it anyway"[/COLOR][/COLOR]
[COLOR=black][COLOR=blue][FONT=Arial][/FONT][/COLOR][/COLOR]
[COLOR=black][COLOR=blue]what will stop them from calling my employer or others to make their point and ruining my name? they are located in Costa Rica, which is where he admitted that they are located. I am at the point now that I dont even want to pay him the $200 that I owe on the $500, I need that money to catch up my other bills that are becoming way past due. I still havent heard from the other 3 companies that I sent my letter to..[/COLOR]
[/COLOR][/QUOTE]
Simply tell them no address means NO payments, you are NOT subject to their laws, period. Then forget about them, no sense in putting yourself through all the emotions of trying to negotiate with them, they will either meet your terms or not be paid, that's the bottom line. :)

Absolutely ridiculous. Do as others have advised. These people are really reaching. Sheesh!

thanks everyone for calming me down with your replies...it is really great to have someone on my side for once and help me thru all of this

Quote:

I had the same thing happy, they scared me but I didn't have the money at the time so I did not pay. They went away. They lie so bad that the are very strick LAWS that prevent them from calling your work, family, and friends. Send a certifed letter for them to stop calling. If they call after a given time then you can sue them. Really, please don't worry.[QUOTE=pleasehelpme;758617]ok, I closed by bank account and sent out letters to the companies explaining what what going on and how it is illigal, etc...the only company that has responded to me so far is Nationwidecash..below is what he sent back to me..
Let me get this straight. You have signed a contractual agreement that states you agreed to the terms of this loan and are not sending a letter stating what you will pay back and you will not comply with the terms of the agreement? Because NationwideCash, Inc wants to resolve this voluntarily, i want to give you the opportunity to contact me by 10/14 which is your next payment due date. If i do not receive a call by that time frame i will continue with action against you. While you are deciding to do this i will investigate the IP address you used to obtain this loan. I'm sure you are writing the other pay day loan companies the same letter. However, this company is bonded by federal law which means your state law does not apply to our company. Because federal laws supersede state laws it is very important you contact us for a payment arrangement. At this time your full balance is due and i am willing to work with you, but if i do not receive a phone call for a payment arrangement by tomorrow then the full balance will be due. This will be the last email i will write to you concerning this. You are welcome to do as many research as you want on federal, but state laws do not apply to us because you agreed to our loan documents. Good luck with your future finances. I look forward to your call.
[COLOR=#ff0000][/COLOR]
this is what I had said in my letter that I sent to them..
[COLOR=black][/COLOR]
[COLOR=#333333]I am willing to pay the remaining principal amount of the original loan of $500.00. I have already made 2 previous payments of $150.00 each, which is a total of $300.00 put towards the payoff of this loan. I will settle my account with a final payment of $200.00, which will be paid in 4 separate installments of $50.00. I will upon your written acceptance of the above terms, provide you with this payment using certified funds (money order, cashier's check, or wire transfer, etc.). The remaining amount owed, which is any finance charge, will no longer be negotiable.[/COLOR]
[COLOR=#333333][FONT=Arial][COLOR=#0000ff][/COLOR][/FONT][/COLOR]
[COLOR=#333333]what do I do now?????? i am so afraid that these people will do something to me that may affect my job.[/COLOR][/QUOTE]