Western Sky/Cash Call

Payday lending is prohibited in AZ. That means all lenders are illegal here. Moreover western Sky is an illegal lender. So you are required to pay them only the principal amount. Close your bank account asap to stop unauthorized withdrawal. No need to pay any interest or fees. Ask them for the refund, as you have overpaid them. Look at this page to know about how to deal with illegal lenders:
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html

There is absolutely no need to settle the debt. You don't owe the debt. So, there is no need to settle it. Ignore the settlement offer.

No, stick to your guns and get the refund out of them. They prey on people's innate need to be rid of problems instead of fighting them. Read this, it should help: http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html

You might have to shut down your current bank account and open a new one.

I had my dealings with them, too. It got to the point that my payments were increasing every month and no one at CashCall could give me an answer. Also..I spoke to a lawyer about it. CashCall's interest rate was illegal to charge. I stopped payments on the loan. They kept calling and calling and said they "would at my door to arrest me." This was almost 6 years ago now. I had to close my account and open another one. Gosh...they are horrible to work with.

Thanks, everyone.

I have closed my bank account, and sent them the letter asking for a refund. I was surprised that they even offered the settlement, since all the posts I have read here hadn't said that. However, I have already over paid by $900+, and I didn't think that reducing the interest or paying them $550 more was acceptable.

I am sorry, I made a mistake, it was not the FTC Cash Call responded to, it was the AZ Dept of Financail Institutions, on which I was copied on.

I called the gentleman that did the investigation to inquire further about if they take any additional steps on my behalf. His repsonse was "What is your opinion on their offer?" I tell him - I have already paid the princepal, and I don't owe anymore money. He tells me ANY time I sign contract, I am liable for it, and if I default they can take me to court. I respond that I was under the impression that the loan is illegal. He says it's "legal and also they are a law enforcement agency and they don't give advise". He also wanted me to "guess how many times I had been late" - told him one and he told me that I should take note the contract states that if I was late, they could have called for the Note to be paid in full. He also told me I wrote them a bad check which wasn't true - Cash Call debited my account at a time they weren't supposed to.

I am confused, I thought the loan was illegal, he's telling me it's not. He says, Cash Call owns Western Sky = legal loan.

Thoughts?

Whoever you talked to that told you all that garbage, disregard it. The fact is, that the interest they are charging you IS NOT LEGAL and even if you did end up in court, (which sometimes does happen with them eventually) you would only be required to repay the principle amount borrowed. ( the penalty for illegal interest chargers) and since you have already paid it, I seriously doubt they would bother taking you to court. Eventually, you will get a letter or settlement offer from Delbert Services, which is really an in house cash call collector, and they will offer to settle your debt for much less. But, since you already paid them well over what you borrowed, I doubt you will even get that. relax, you also never wrote any kind of check, so that is ridiculous what that person told you.

I as well took a loan out with them. I paid the principal back and have paid an extra 1800.00. I sent them the letter telling them it was illegal to charge over 36% and that I would like a refund taking off the additional 36% which I was willing to pay even though the loan is illegal. They send me emails back telling me it is legal because the loan was not sourced out of AZ and it was tribal. I have spoke to an attorney friend of mine. He said to contact the states attorney gen. Office and if that doesn't help he will send them a "nasty letter". I was never late on one payment, I spoke with my bank and stopped the withdrawals, they have not tried to take anymore money... I haven't closed my account yet and has been 3 months. They were reporting on my credit report too. I get 5-6 calls daily. Should I just ignore this and if it goes to court take my attorney friend and plead my case? Are they still neg impacting my credit? I am at a loss as what to do. Any help is greatly appreciated.

you need to file AG complaints.against cashcall as well as whoever from the DFI told you those lies as that is what they are.in fact i never advise filing complaints with anyone but your AG,and the FTC.do it knowing everything the DFI told you was false.

Smarten up people!!! Western Sky IS LEGAL! They are legal because "WESTERN SKY FINANCIAL is a Native American business operating within the exterior boundaries of the Cheyenne River Sioux Reservation, a sovereign nation located within the United States of America." If you don't know what Sovereign Nation means, LOOK IT UP!!!! They are not governed by United Sates banking laws!! Plain and simple!! You CAN'T take them to court, you CAN'T file a lawsuit. By agreeing to a loan with them you are also agreeing to waive any and all rights to the US court system in case of issues with them. Issues within this lender can only be solved within Western Sky. READ THE WEBSITE, and the fine print, don't blame others for your ignorance. Payday loans ARE cheaper because they have LEGAL interest rates. Western Sky can up and add charges to your account for NO REASON and you will still have to pay it, again it goes back to that Sovereign Nation part, they can do what they want!!!

First - Legal or Illegal, Tribal or not, PDL companies need to follow Federal Laws, not matter what state.

Second - I am not aware of one PDL company that is not being "rented", which means non-tribal companies/persons hire tribes to do their dirty business so they can skirt state laws. That is why Western Sky and all the other ones are illegal. They are not truly tribal. We know that, the states know that and so does the Federal Govt. There are currently lawsuits and complaints against WS and CC and from what I hear there are more to come.

I hope WS and CC have some big bucks in their coffers because they are going to need it to pay all the fines, lawyer fees, court costs, and most of all they will need the big bucks to pay back all the interest they took from the thousands of people they ripped off.

Go find something else to do with your free time.

#11....their loans may be legal on the reservation but not in states were they are charging more than the usuary loan rates. If you google Western Sky and lawsuits, you will see that AG's, the FTC and other class action lawsuits are going to hurt them.

geez it was just a matter of time before a humanoid shill/mark for this piece of tribal garbage showed up with old"sovereign nation"BS.they are just like a foreign lender.their tribal ground is their as they say nation.however as with a foreign pdl unless the borrower is extradited the lender can't do squat,and besides as soaplady stated.the FTC is really looking at these lenders and taking action.so #11 can stow it.