How does this letter sound?
Perfect, you might see this letter giving you out positive resul
Perfect, you might see this letter giving you out positive results. Let's wait to hear back from them in a professional way.
Hi wswofford You can also send copies of bank statement to pr
Hi wswofford
You can also send copies of bank statement to prove that you have paid the additional amount. This will force them to do the calculations and refund you the excess amount.
Please let us know the response from the company.
I wonder if all these companies are getting tired of that basic
I wonder if all these companies are getting tired of that basic letter. I think there are several of us that are using the same basic letter adapted for our state laws. It has worked for me with 2 companies. Good luck!!
sue, which 2 has it worked for? That letter sounds amazing if it
sue, which 2 has it worked for? That letter sounds amazing if it works...
The letter has brought me good luck also. I just reword with my
The letter has brought me good luck also. I just reword with my states laws and so forth. Where all the companies seem to be connected, I think that is why the letters are working. They know we mean business and that they don't wan to be exposed. Whats your opinion?
I should definitely try this... I sent out a similar letter a
I should definitely try this...
I sent out a similar letter a couple of weeks ago, asking for my account balance to be sent to me via mail within 10 days...and have yet to receive anything!
The letter is very well written and is very specific. I would go
The letter is very well written and is very specific. I would go so far as to actually request a refund of the finance charges, or a difference between what you paid and what you would have paid in Texas. If they balk, you can always settle for marked paid in full, but why not try for some actual redress,
Either, way it is a great letter
wswofford That is a very well written letter. When stating w
wswofford
That is a very well written letter. When stating why you took such action, you went into great detail, and even explained a few laws. Perhaps there might be someone else from Texas, that might run into your letter, and could use it to their advantage as well.
Regards-
Mike
Yeah...well...I'm a licensed attorney in Texas, so I'm pretty go
Yeah...well...I'm a licensed attorney in Texas, so I'm pretty good at writing legal research-type stuff :)!! I got into the PDL bind when I graduated and couldn't find a permanent, full-time job right away. I make good money now, but half my paycheck was going toward paying fees etc. on the PDLs.
I am fortunate that I can still afford to pay the bills and the refi charges, but it was getting to be a drag and seemed like it would never end. Never even thought of getting them to mark me PAID IN FULL.
Sent three letters today via FAX/e-mail to Cashnet500, GW Financial, and Payday Two (affiliated w/Cashnet). We'll see how they respond. I did ask for a fair refund of the excess interest I have paid, but won't count on it. I'm hoping that their compromise will be to mark me PAID IN FULL and be put on a NO LOAN status.
Wish me luck!
I've used your letter...hope you don't mind...let's keep each ot
I've used your letter...hope you don't mind...let's keep each other posted about who it works for!
I sent it to Cashnet500 and GW financial as well!
good luck
Just an FYI, when I sent the GW Financial letter I used basicall
Just an FYI, when I sent the GW Financial letter I used basically this same letter and I faxed it to them and I got a response back basically about 1 hour later. I hope you get the same response that I did. I told them how much I had paid in fees since the beginning of my loan and they wrote it off.
chances are cashnet 500 is not the legal name of the company. y
chances are cashnet 500 is not the legal name of the company. you should find their legal name to verify whether or not they are licensed, before you send it.
cash net 500
is a subsidiary of County bank of Rehobeth, DE, i am pretty sure. check your loan docs. it is on there.
Well...it's working :)! Just heard from Quick Payday and they
Well...it's working :)!
Just heard from Quick Payday and they have zeroed out my remaining $266 balance owed!!! Of course, they protested that they only are under the jurisdiction of Utah law...but whatever. They still marked me PAID IN FULL and put it IN WRITING!!
Let's see how GW and Cashnet repspond. Didn't ever hear back from GW yesterday, but resent the letter via e-mail to their Accounts Receivable address about a half hour ago! So excited!!!
Isn't it a great feeling? We are finally beating these places a
Isn't it a great feeling? We are finally beating these places at their own game.
Check this out!!! YAYYYYY!!!!!! Quote:Dear Traci, GW Fina
Check this out!!! YAYYYYY!!!!!!
Quote:
Dear Traci, GW Financial Services, LLC is located in Washington DC. Therefore, when you received a cash advance from our company, you subjected to the laws of Washington DC, not the State of Texas. However, as a courtesy, we have written off your remaining balance of $396.00. Your account is hereby considered paid in full. Thank you, GW Financial Services, LLC. |
I'm so excited! Let's see how many more we can get!!??!!
...and the good news just keeps rolling in: From GW Financial
...and the good news just keeps rolling in:
From GW Financial:
Dear Wendy,
Quote:
GW Financial Services, LLC is not located in Texas. Therefore, when you received a cash advance from our company, you subjected to the laws in our jurisdiction, not the State of Texas. However, as a courtesy, we will write off your remaining balance of $348.00. Your account is hereby considered paid in full. Thank you, GW Financial Services, LLC. |
When did you send the Quikpayday letter and where? I sent mine
When did you send the Quikpayday letter and where? I sent mine Monday morning and still haven't heard anything. Just curious!
where are you sending the letter to cashnet500? I've sent it to
where are you sending the letter to cashnet500? I've sent it to 3 different email addresses and they keep bouncing back!?!?
I sent the letter to Quick Payday via FAX late yesterday afterno
I sent the letter to Quick Payday via FAX late yesterday afternoon...heard back before lunch today. I FAXed the letter to Cashnet500 to 800-666-8107...I had a guy from their parent company -- Global Financial -- call and leave a message at my work.
Called the number he left, asked for their FAX, and sent it attention to him. I think they have a lot of people, but my person's name is John Camaro.
I also FAXed it to Cashnet's FAX number at their website and e-mailed to a guy named Tim (ID'ed himself as Branch Manager). Never heard anything back...but suspect Mr. Camaro will at least reply once he reads the letters.
that's still not the one I got from the actual website: cashnet5
that's still not the one I got from the actual website: cashnet500.com
I used that one, which is 800-887-9284...well we'll see I guess!
Cashnet500
They also go by "Global Financial."
You are correct,they were affiliated with County Bank of Rehobeth Beach,DE until 31 December 2005 after
the "urging" of the FDIC to do so.
I sent County Bank a letter as well!
I sent it to the 800 number I posted above -- this is wwofford,
I sent it to the 800 number I posted above -- this is wwofford, but can't seem to get logged in at work :)! I rec'd a call from a guy in Collections for Global Financial...called and confirmed they were Cashnet, then asked for their FAX.
FAXed the letter to Mr. John Camaro, the guy who called me at work. Haven't heard anything...maybe tomorrow -- although he said he'd be at work until 600 EST.
Called the 800 number for Cashnet collections...told them that I
Called the 800 number for Cashnet collections...told them that I did not wish to be called at work regarding this matter, but that I did send Mr. Camaro two letters. Indicated that once he read them, he or an associate were more than welcome to e-mail their response.
Haven't heard a thing back, but the guy on the phone I DID speak with said that the calls would continue until I made an arrangement to pay off the amount due.
I immediately came back to my desk and fired off a nifty memo stating that FDRCA he could no longer contact me at my place of employment and that all correspondence should be via e-mail or US Mail.
Told them that if this harrassment continues, I will report them to Texas AG, their state's AG, and FTC, and the BBB. So far, no other calls :lol:!! We'll se what Mr. Camaro has to say when he responds to "the letter."
I am hoping that I will prove to be too much hassle to bother with for $100 owed on one loan and $200 on the other and they will just write me off and put me on no-loan status. Fine by me. If not, will put them on my T&C plan today and see if they can make some headway.
Anyone had luck with using "the letter" on Cashnet or any affiliates?!!?
This is wswofford...can't get logged in for some reason! Anyw
This is wswofford...can't get logged in for some reason!
Anyways...am tired of fighting to get Cashnet500 to zero out my loan, so made a settlement with them via phone over lunch. Balance they showed me owing was $175, but they settled for a one-time payment of $100 on 5/19. The gal's name is Keisha and she was actually very nice and easy to work with.
All in all, can't complain too much:
They won't be calling me anymore...and I'll have them paid off by mid-May for good! Now I need to call Mr. Camaro w/the other one I have w/Global and see if he'll be so easy to work with.
payday loans
this letter seems to entail the state laws of texas and probably will be useful to me. i have payday loans out with ameriloan and magnum finace which i know the second company is located in deleware. i am glad i found this site, because i cant tell you how many sleepless nites i have suffered as a result of worrying over my stupidity from dealing with these scam artist. i have contacted my bank and had them to stop all future ach's on my account with these companies,, if anyone else has some advice for me please post.
thanks
Hi bambintx You have done the right thing by putting a stop p
Hi bambintx
You have done the right thing by putting a stop payment on the debits that will be made in future. I will suggest you to block the id of the payday loan company so that they cannot debit using different figures. Talk to your bank and block the ID. This will be more effective than the stop payment.
Sometime later, the payday loan company will contact you for the payment. Arrange a payment plan with them so that you can clear off the debts.
Trying to find payday loan contact information
I am entering debt consolidation with my pay day loans and I have everything I need except 2 of the companies contact information. The companiys info that I need is. Global Financial Services Intl(GFSIL) and VC Funding. Does anyone have these?
Put a search in the BBB for these companies. You will get their
Put a search in the BBB for these companies. You will get their contact information. I found many companies with similar names. Not sure which one you are looking for.
Global Financial
Just got a call from someone there that was very nasty. I think this letter will help me a lot. If anyone knows the laws of Indiana please help me. I went to the site with the laws for my state, but it sounds confusing to me. I just need someone to help me word it correctly.
Thanks in advance
Im keeping this letter to use myself since I reside int Texas, I
Im keeping this letter to use myself since I reside int Texas, I have not paid back what I borrowed and I wouldnt have a problem if the balance went down with each payment but it doesnt actually the one that I took out through GFI does do just that first payment was 80 second was 75 nd it goes down from there but they will have to deal with T & C after tommorrow after I sign up with them,
So if I go by my state law here can I contact them and let them
So if I go by my state law here can I contact them and let them know that I will not pay more than the law here allows?
And see what happens, Example one loan is 200 original and I have paid on it fees of 155 and the other one was 300 and I have paid 180 I would pay the remaining to them but the fees are what kills me
I am in the process of sending all my PDLs a letter asking for m
I am in the process of sending all my PDLs a letter asking for my account statements. I closed my account last week, but I haven't received a past due notification from Geneva Roth or SJM Marketing so that I could get an address or fax number on them. Does anyone have any information on them?
Kenthia Check the original topic started by you. A reply has
Kenthia
Check the original topic started by you. A reply has been posted there.
I am in Texas with the same problem is there a letter that I can
I am in Texas with the same problem is there a letter that I can use to stop the calls that I am getting and to settle this once and for all! Any help?
Guest, a cease and desist letter will stop all collection calls
Guest, a cease and desist letter will stop all collection calls coming at your end. Here is a template of the letter
http://forums.debtcc.com/template-cdletter.html
Sending this letter does not erase the debt at all. You will still owe this debt if it is a legitimate one. Call the companies and try to figure out your arrangements with them.
Well, since GW Financial is not liscensed to do business in Virg
Well, since GW Financial is not liscensed to do business in Virginia dn they have extended/bought back and did a new check every 2 weeks for 17 months, I wonder if that would work for me in Virginia? What type of letter did you send them? Email or fax?