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FTR Processing payday loan company information

Submitted by lalo on Wed, 01/04/2006 - 09:52
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Hello,
I am looking for any information on a pay day loan company FTR Processing, a phone number and/or address would be great.

Thanks so Much


Hi...even i faced the same problem. When i contacted them..they said that we need to call them and schedule a pay down to give back the whole money we owe them with interest and if we dont do that...they will assume that you are not ready to pay the whole amount and continue to take 90$ from your acc every 2 weeks till you schedule a pay down which is called pay off....hope you got it!! call them immediately and schedule it if you want to get rid of it.


Submitted by on Thu, 06/05/2008 - 20:07

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ftr turned me over to Capital Recovery Associates out of niagara falls,ny i sent them a ceast and desist letter along with a debt validation letter certified return signature and have not heard fro them in about a week


Submitted by on Sat, 06/07/2008 - 17:27

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I am totally freaked out...I have a loan with this company and it was $200. I have paid $60 every payday since November/begining of December ( i cannot rememeber when they took the first payment) . anyway I have more then paid this loan back. Well over $1000.00. I closed my bank account, so i assume I will get the phone calls. What do I do? How do I work with this company? are they even legal to do business in the US, i realize now they arent even located in the states. Any advice on how to deal with these people?


Submitted by on Mon, 08/18/2008 - 22:40

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I need help locating a payday loan lender called :GECC, Gov Emp Credit. Anybody got an address and phone #? I greatly appreciate your help. Thanks


Submitted by on Sun, 09/07/2008 - 11:11

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After many messages and an e-mail I was able to speak with John who is of absolutely no help. This company is a fraud. They do not tell the truth, do not return your call and are not at all willing to help you. They don't deduct as asked, just continue to charge finance fees. If this is your last resort, take the foreclosure this is not worth it. If anyone has had any luck working with them please let me know how. They do not allow you to speak with a supervisor and can't seem to get me a contract. They also did not call as they said. If you even look at your payday loan options online they have you. I was more than happy to pay back what I did not agree to. They put $200 in my account without authorization and want $500 in return. Again if you have had any luck let me know. I am trying to work with our office lawyer as well as the BBB and Atorney General.


Submitted by on Tue, 09/09/2008 - 12:24

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I have the same situation. their collection department is a bunch of cowards and are very rude. What can we do about this company..Any sucess stories.


Submitted by on Wed, 01/07/2009 - 11:27

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I just used 866-230-7824 .... and finally got somebody who could help me. Goog luck trying to get these idiots.


Submitted by on Wed, 01/14/2009 - 08:04

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Beware of FTR Processing. They will call you and tell you that they have someone in your local court that is going to file charges if you don't send them money within the hour. They will also tell you that your SSN is blocked and that the authorities will be coming to arrest you. This is all a FRAUD!!! All they are doing is trying to scare you into sending them money. Do not fall for this. FTR Processing is not licensed in most states, and has been ordered to cease and desist offering loans in the state of CA.


Submitted by on Fri, 02/13/2009 - 09:37

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I TOO WAS A VICTIM OF THIS GROUP-THEY DEPOSITED $400 AND KEPT DEDUCTING ONLY $90 EVERY PAYWEEK-I TOLD THEM ON COUNTLESS OCCASIONS TO PAY OFF IN FULL-I ENDED UP STOPPING PAYMENT FROM THEM-THEY THEN CALLED AND TOLD ME I OWED NOW $830-WHICH I PAID-HOWEVER THEY STILL CALL ME AT HOME AND WORK CLAIMING I NEVER PAID THEM AND THEY ARE "GOING TO PICK ME UP AT WORK AND DRAG ME OUT IN HANDCUFFS"-MOST RECENTLY HAD THE PLEASURE OF SPEAKING WITH SOME VERY RUDE FOREIGN DUDE WHO NOT ONLY WOULD TELL ME HIS ADDRESS BUT ALSO COULDN'T EVEN PROVIDE THE CORRECT DATE THAT THE DEPOSIT WAS MADE NOR THE CORRECT AMOUNT! YES I HAVE FILED A SUIT WITH LOCAL BBB


Submitted by on Thu, 03/05/2009 - 07:33

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I took a $200 loan out probably a year ago and to this day you are atill taking money. I know this loan is well over paid for. I call 1-866-230-7825 and never get an answer, Isend emails and you still take money from account. I never receive any kind of reminder notices until now. I never knew how to pay the loan of so figured after a while you would because the loan was paid off but you never did. This company needs to stop taking money out my account when this loan paid off 3 times over. Can anyone tell me if there is another way to contact these people.


Submitted by on Fri, 03/06/2009 - 07:55

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reggie.the only way to stop them debiting is to close your account and open a new one.they will debit forever.even if you somehow get in touch with them they will still debit.


Submitted by paulmergel on Fri, 03/06/2009 - 08:09

paulmergel

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I've used them too... but had no problem. Here's the contact info I have.

Hours of 8am and 5:00 pm.cst.
JBM Marketing - FTR Processing
Ph: 866-230-7824 x126
Fax: 866-840-4593


Submitted by on Tue, 04/28/2009 - 08:51

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STATE OF CALIFORNIA
BUSINESS, TRANSPORTATION AND HOUSING AGENCY
DEPARTMENT OF CORPORATIONS
TO: FTR Processing
5700 Broadmoor Street
Shawnee Mission, KS 66202
DESIST AND REFRAIN ORDER
(For violations of section 23005 of the California Financial Code)
The California Corporations Commissioner finds that:
1. At all relevant times herein, FTR Processing (???FTR???) is, or was, an entity whose legal
status is unknown.
2. FTR engages in the business of originating, or offering to originate deferred deposit
transactions (commonly referred to as ???payday loans???) to the general public, including California
residents. FTR originates or offers payday loans to California residents over the Internet through
Internet-based companies that purportedly match borrowers with lenders.
3. A deferred deposit transaction is a written transaction whereby one person gives
funds to another person upon receipt of a personal check, and it is agreed that the personal check
would not be deposited until a later date. ???Personal check??? referenced in Financial Code section
23001 includes ???the electronic equivalent of a personal check???.
4. Since at least March 2008, and continuing thereafter, FTR has originated or offered to
originate deferred deposit transactions to at least one California resident. Under FTR???s Internetbased deferred deposit transactions, the borrower provides details of his or her account, which s/he
authorizes the lender to debit electronically on the due date.
5. In or about March 2008, FTR originated a deferred deposit transaction with a
California resident, which authorized FTR to electronically debit the borrower???s account by means
of an Automated Clearing House with the loan amount, fees and charges, on the due date. ________________________________________________________________________
DESIST AND REFRAIN ORDER
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orations p artment of Cor p State of California - De
6. FTR has not been issued a license by the California Corporations Commissioner
authorizing it to engage in the business of originating deferred deposit transactions under the
California Deferred Deposit Transaction Law (California Financial Code ?? 23000 et seq.).
7. FTR is not exempt from the licensing requirements of California Financial Code
section 23005.
8. By reason of the foregoing, FTR has engaged in the business of originating or
offering to originate deferred deposit transactions without having first obtained a license from the
California Corporations Commissioner in violation of California Financial Code section 23005.
Pursuant to California Financial Code section 23050, FTR Processing is hereby ordered to
desist and refrain from engaging in the business of deferred deposit transactions, including but not
limited to, originating or offering to originate deferred deposit transactions in the State of California
without first obtaining a license from the California Corporations Commissioner, or otherwise being
exempt. This Order is necessary, in the public interest, for the protection of consumers and is
consistent with the purposes, policies and provisions of the California Deferred Deposit Transaction
Law. This order shall remain in full force and effect until further order of the Commissioner.
California Financial Code section 23050 provides
Whenever, in the opinion of the commissioner, any person is engaged in the
business of deferred deposit transactions, as defined in this division, without
a license from the commissioner. . . the commissioner may order that person
or licensee to desist and to refrain from engaging in the business . . .. If, within
30 days, after the order is served, a written request for a hearing is filed and no
hearing is held within 30 days thereafter, the order is rescinded.
Dated: June 27, 2008
Los Angeles, California
PRESTON DuFAUCHARD
California Corporations Commissioner
By_______________________________
ALAN S. WEINGER
Acting Deputy Commissioner


Submitted by on Sat, 04/09/2011 - 09:35

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