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Judgement Day for Cash Call?

Date: Mon, 12/16/2013 - 12:07

Submitted by anonymous
on Mon, 12/16/2013 - 12:07

Posts: 202330 Credits: [Donate]

Total Replies: 9


The CFPB has filed suit against Cash Call for attempting to collect on Western Sky loans. Maybe we'll finally get them removed from our credit reports. Here's a link to the story:

http://www.cleveland.com/consumeraffairs/index.ssf/2013/12/cfpb_sues_cashcall_for_attempt.html


Keep disputing with the credit agencies! I managed to get Cashcall removed from Equifax & Transunion. I am close to getting it removed from Experian. I'm a member of Experian Direct which helps. I have sent in a Ton of documents on the illegality of the Western Sky/Cashcall scam. The fact that the CFPB is suing them now helps. I was getting nowhere with Experian but finally got through to the right person there because of my Experian Direct membership. I sent them the CFPB and NYS lawsuits. I'm hoping this will be removed in the next 30 days.


lrhall41

Submitted by anonymous on Thu, 12/19/2013 - 09:21

( Posts: 202330 | Credits: )


The reason you are just now getting a dunning letter is because they are desperate to collect any money they can because they are going down. There was a huge lawsuit in West Virginia over the FBD backed loans so you can google that to get information on the FBD backed loans. The FDIC shut down this practice which is when they came up with the Western Sky front angle. As you can tell, it is the exact same loan product and exact same scam just through WS instead of FBD. The WV court documents include a bunch of info on the FDIC shut down of CC's rent a bank scam. Hope that helps some what.


lrhall41

Submitted by momofthree27 on Thu, 12/19/2013 - 08:55

( Posts: 358 | Credits: )


No, I'm north of CA. Been in default for about five years now; one more to go before SOL. It's just weird that I never read anything about people dealing with FBD-backed CashCall loans. It's like I'm the only one, LOL.


lrhall41

Submitted by anonymous on Wed, 12/18/2013 - 15:52

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until two years ago when they started this western sky bullshit they were only legal in CA.as since FBD backed out of them,and think cash they had a backer in CA.so for the last four plus years they were only legal in CA.are you in CA?if so then unfortunately the loan was legal.


lrhall41

Submitted by paulmergel on Wed, 12/18/2013 - 14:47

( Posts: 15514 | Credits: )


I read all these threads about CashCall/Western Sky loans, but what about the old CashCall/First Bank of Delaware loans? I know FBD went out of business, but I just got a dunning letter for a CashCall loan taken out through FBD and was curious if anyone else is still dealing with the FBD backed loans?


lrhall41

Submitted by anonymous on Wed, 12/18/2013 - 13:46

( Posts: 202330 | Credits: )


i misspoke.i meant that two years prior to three years of this scam.so i again misspoke,but what state?oregon,or washington?until 2007 they were backed by FBD.now since they,western sky,and delbert are burning now i wouldn't respond yet.wait and see as again they are going down in flames so don't do a thing.


lrhall41

Submitted by paulmergel on Thu, 12/19/2013 - 05:36

( Posts: 15514 | Credits: )