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Overpaid on loans, sent out legal letter to lenders...results...

Date: Tue, 03/03/2009 - 11:10

Submitted by anonymous
on Tue, 03/03/2009 - 11:10

Posts: 202330 Credits: [Donate]

Total Replies: 1


Hi, everyone. It's CherryMuffintop. I'm relatively new to the board, but have received some great help here so far.

I stupidly took out loans with 500fastcash.com, mycashnow.com, OSL/SSM Marketing, Emerald Marketing, and TJF/Bahamas Marketing Group. I live in Washington state, and have learned these companies aren't licensed to deal with people in my state.

I have paid over the principle on all 5 loans now. I found the legal letter to copy and paste in an email or fax to the lenders. Here are the responses I've gotten thus far...

Emerald Marketing wrote back, "This has proven to be very rewarding for you, hasn't it?" I can take sarcasm, even b#tchiness, so that didn't bug me. They closed my account, just like that!

Bahamas and SSM said they have sent my account to collections. When I wrote another response back to one of the representatives of one of the companies (can't remember which one, off hand), the mail came back undeliverable.

I can't seem to email MyCashNow, but I the emails went through to 500fastcash. No response from either of them yet.

Can someone tell me what's going to happen next? I'm scared.

Thank you in advance,
C.M.