Magnum Z LLC: Is it a reliable company?

helllo there i wanna know if anybody did like me , i call my bank and claim that this company magnum z ll was taking money from account every two weeks , and they did a search and refunded all my money back!! thanks

Oh my!!! I have just recieved a very menacing, mean phone call from a collection type agency who I had to fight with to get information from, they claim I had a loan with Debt Doctor, and it was to a bank account by a different name, after attempting to rationally speak with them, I thought I was going to cry because they're trying to get another $500 dollars out of me. I had a wire to my account in 06, made 6 $90 payments (that's $540!!!) which I have evidence of with my bank account, they threatened to arrest me, and accused me of wire fraud across state lines, all of this insane information. I called and left dennis a message, though refused to leave my ss#, as I don't trust this company and plan on calling back tomorrow. What do I do? leave it be now until I hear back from Dennis?

iam haveing a promlem with this people they send me a email saying they are going to the colletion people for a loan that i never placed in they got all my information i never placed a loan with this people i never heared of in when i talked to th colletion people they say i o this people 600 dollars in i have a contract with them becasue i signed it with my ss#,lol in they asked me all this question about my address and email in everthing else if that was mine information in it was but still i didnt get a loan they probably got information from someone or hacked you know how many people know where i live in i had to give my ss# too in know my email address speacially people sending juck mail to that i dont know in they have my email address,lol you know this days with idenity theif in all,i am confused don't know what to do.. in if i dont pay its going to go up to 2000 dollars its just so funny that this guys new my information in i never gave them my information but any way if your going to get a loan arent you suppost to show proof that it is you id or something i just so mad i never heared of this people,iam overdrawn in my account becasue of this people its so funny if your going to get a loan arent suppost to get money not money taken out, then pay the loan, this is fraud isnt it or something

how can i find information about this company cant find website at all

how can i find information about this company cant find website at all

how can i find information about this company cant find website at all

I made a complaint with the BBB of Missouri and all of a sudden Dennis Bests company is a data processing company and does not know anything about a payday loan which is very funny since I have a letter from a collection company stating that they were the owners of the account that was originally with debt doctors and that I owed them $325.00. I think everyone who has had a problem with this company should close thier accounts right away and file a complaint with the BBB and also with the Attorney General so these people canpay for all of the things that they have been doing wrong. The more complaints the better.

This company has really messed up my bank account do they not send out statements or something to let you know what is being deducted and when

:D i have used this company several times, and have had no problems with them. if you know how to use the loan, it can really help you, i know it has me.

Has anyone ever gotten a call back or a live person from Magnum/Debt Doctors?

Look at the previous pages of this thread, and see what others have gone through with them-watch out for them!..karen

This comapny apparently have goons working for them. They'll call and threaten to send police to work or home to arrest you. It sounds like strong arming? Report them to FTC if they do.

okay i'm going crazy there is no # to call magnum and they have just send me to a collection department for fraud, they never contacted me to let me know, what should i do??

I was hospitalized for 6 weeks and after discharge
my next bank statement had a total of $1600 withdrawn
by electronic transmission to this MagnumZ that I
have never heard of--I had to sign a form to stop
the EFTs and the bank only refunded $400 (their Limit)--the bank told me the EFT was for a storage
building that I do not have. Where do you contact
these people. I want my $1200 !!

They gave me a $200 loan that I had no knowledge of....I wouldnt get a loan over the phone or the internet...and now they have taken $300 from me...So I will be taking legal action...the way I see it if they want to deposit money in my account for no reason without my consent then it's a gift right...and they shouldn't keep taking money from me...

Looks like a present to me. Sue their

****!


[color=Red]****Adult term removed - Jason[/color]

oops.... :oops:

Katie seems nice and all over the phone, but they are not nice people.

These PDL companies have to get your information in order to give you the money. It generally looks like a loan application or an information page that asks for account information to verify you. Then it goes out into a pool and people will respond to give you the loan. It is perfect for them. The fee's are $30.00 for every $100.00. The reason the initial loans are under $500.00 is it falls under some federal threshold that gives them a lot of leeway in what they do. Once the money is accepted into your account it is yours and you have a short time to dispute it. I think you have until the first time they withdrawl money for the fees. If you allow a second one to post, then you have no leg to stand on when contesting it later because you waited to long. It is not a gift because you know the money is not yours and your bank can reverse the deposit. Once you have allowed the fees to be withdrawl you are now bound by the rules of deposit by the ACH (federal by the way). Before you close your account besure you have attempted all avenues of contacting them. YOur bank can look up where the money came from and the number of the bank and you can look from there. It sucks but..........there is a level of potential fraud if you close the account after a series of withdrawls. These people know what they are doing and know it better and faster than you. There are also several good PDL;s out there that don't play this game. You also need to make it a very short term loan or it can get very expensive. YOu should also go for one that does the automatic pay down and one that has it's own web site. ameriloan is a good one.

best of luck

This is a scam. I never agreed to it and they still say I did. What anyone should do if faced with this is CLOSE OUT your bank account. They will threaten to send you to collections but who cares. They cant collect. What they did is illegal. I called the Attonerny Generals Office , the Federal Trade Commission, and Internet Fraud people. ITS A SCAM DONT PAY THEM!!! E mail me at email address removed as per forum rules - Mike for more info.

i applyed for a few payday loan but only completed 1 loan but then magnum z deposited another 200 in to my account and i dont even reconize the name. are they even a payday loan place or was it just a way to get my info. anyone know?

Dbest Debt Doctor e-mailed me in regards to a payday loan. Their e-mail address is E-mail address removed as per forum rules. - Jason but the e-mail was signed Magnum Z LLC 1-888-276-4189. They are also associated with FTR Processing.

deleted

Only thing you can do is close your account. I never authorized them to put money into my account. They will bleed you dry until you close it...

I just had to cancel my checking account and then have been getting harassed at work by a debt collection agency. Someone applied for this loan with my soc # and when they do the e signature, if the loan isn't repaid they can garnish your wages becuase by signing the person also agrees to a wage garnishment therefore whoever's social is attached to the account, they will begin the process of wage garnishment.

a pdl will try to push a WAGE ASSIGNMENT through your employer.a WAGE ASSIGNMENT is voluntary and revokable.
a WAGE GARNISHMENT requires a court order.most if not all
internet pdl's are illegal and can't/won't get that court order.
so they try to push the WAGE ASSIGNMENT through like a
GARNISHMENT.any HR person worth there salt won't allow that.

well, I just spoke to them and the inquiry was my application. I am now stuck for not only the 300 they put in my account, the 30 and 90 they took today but an additional 90 to pay this off for a grand total of 520. Don't get roped into this one - get a second job sweeping neighbors yards or sell something - in the long run it is cheaper. And they are extremely nasty when you speak to them on the phone. Good luck to all.

if you wish to pay the remaining balance by money order ONLY you can mail it to Debt Doctors, PO Box 126, Wentzville, MO 63385 Money order must be made out to Magnum Z.
If you stop the auto withdrawals from your bank, they continue to try every day at a charge of $30 each day and they will send the bill to collections. This could get expensive real fast.

Hi,
We are also having problems with this company. My husband took out a loan about a year ago for 390.00 and they are still taking 90.00 a month out of our account. I went on the BBB and what they are doing is illegal and their company is not legitiment. When a loan in taken out, the bank will give you a monthly bill sent directly thru the mail or you will get a check directly from them for deposit. This company does not. When the loan is set up you do not get this option. They need access to your account and it is only done automaticly from your bank accounts. What scares me is they have your personal information. I called our bank and the only option is to change acounts or freeze their withdraw. The best way is to freeze. Take in information off the BBB and show them what is happening. They will be more then welcome to work with you on this matter.
Thanks for all your information on this company. It really helped us out a lot.

i had the same problem and some guy called my house and told me that federal marshalls were on their way to arrest me for internet fraud.and that my kids wold be taken and never see me any more.i was terrified.i called my local police and they told me these people don't have a legal leg to stand on and they are just trying to scare me.i would of paid them but they wouldn't give me an address wanted me to send the money western union and i am not sending a dime with out an address

Its been just over a yr now and this company is still taking $60 out of our accout every 2 weeks. I think that this loan should of been paid off by now!!!!

i loggrd into a ad for a job for goggle i thought instead i got this marking p;ace and they took out 129.85 for a fee. the lady from these company said if i tried to stop payment she would get me for fraud all i want is my money back. they have my debit card number which i gave for the gogglr job for 1.95 and they also have my bank accout and routing number i dont know how they got that the phone number for them is 1-866-417-6350. please someone help. i did not sign anything thanks barbara

The contact info I have is phone-888-276-4189
Fax-866-813-6029

Well I just sent this company an email asking about my so called loan.
here is their reply.
We had never received your request to pay off, or pay down your loan. We are not authorized to debit any more than the refinance fee, without your consent. Since your account has been open for some time, I will apply your last payment to the principle, and mark your account paid in full. If you have any questions, feel free to contact me at the number below. Thank you.

So that is THAT. about time.
All I did was send them an email, gave them nothing but my email address.
Try it you might be surprised that it works. But then again, I also stated that i would take this up not only with my bank but also with the attorney general as well.
Good Luck to you all and I hope no one else gets taken by this fraudulant company.

Has anyone dealing with these people , checked the're credit report to see about late payments owed to them or any outstanding loans ?

phone # 703-574-5308 Jim Kerry

magnum misrepresented itself at a time I was desperate and stressed. They take 90 out of my check 2 months in a row now when it should have only been 1 and 15 every month after unless paid in full. How can this be legal?

received phone call from someone today who says they represent magnum,they said they have a case due to me using my account fraudulently. I had previously checked this website and found that there are many people faced with the same problem I had. I never signed an app. excepting monies from them although I did apply I never excepted their terms. Maybe its time for a claim to be filed against them for all the money they took from our accounts,and still claim the loan is unpaid.

debt docktor and magnum are the same ext 103 for maggie is who i talked to

hello, this the first time i posted any thing. does anyone know who magnum z is. the info reading is all from 2006. help. and does anyone know who barginhub.com is :(

so what is the solution to ending this .

So I just contacted Debt Dr. they said they would have been contacting me thru my email and statements all this time and I could have paid off at any time. so they will settle for one last 60 pymnt and call it good. go figure.

I had a loan and paid them with no issues.
Customer Service
Debt Doctor
888-276-4189
[email]customerservice@debtdoctor.com[/email]
are the contact details

I have tried to contact this by phone to make payments. I keep getting voice mails saying they will be out til a certain day. There has still been no one there to answer. I put a stop payment in my checking account. The Bank said it is highly likely that they(The Bank) will reimbursed me for two months worth of drafts. I agree with all that there is something very suspicious about this.