Does CashnetUSA honor cease and desist letters?
Date: Mon, 03/21/2011 - 12:54
If CashNetUSA do not own your account or can't validate the debt
If CashNetUSA do not own your account or can't validate the debt and still they are harassing you for the payments, then you have the rights to send them a cease and desist letter. They will have to honor the letter.
Actually Anna, a cease and desist request is only applicable in
Actually Anna, a cease and desist request is only applicable in the case of a 3rd party collector, also, the original creditor is not required to provide validation.
If Cashnet USA is a third party collector, then they are require
If Cashnet USA is a third party collector, then they are required by federal law to honor cease and desist letter. If they don't, then consumers have full right to register complaint with FTC ot State Attorney General.
CashNetUSA is a payday lender/CSO. So NO, as Shazz said, they a
CashNetUSA is a payday lender/CSO. So NO, as Shazz said, they are not required to comply with a cease and desist because they are your original lender.
Thank you Shazz, Nelly and OhioGirl for correcting me :-)
Thank you Shazz, Nelly and OhioGirl for correcting me :-)
Quote:If Cashnet USA is a third party collector, then they are r
Quote:
If Cashnet USA is a third party collector, then they are required by federal law to honor cease and desist letter. If they don't, then consumers have full right to register complaint with FTC ot State Attorney General. |
Goodnelly, Cashnetusa is the original lender.
make sure you are actually paying cashnetusa, we got calls from
make sure you are actually paying cashnetusa, we got calls from the India collectors trying to collect debts for cashnetusa and never ever had a loan with them. Total scammers, proceed with caution!
