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Heard of Loan Mediation Inc?

Submitted by SCGamecocks on Wed, 05/08/2013 - 17:52
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Does anyone know anything about this company?

They have a website, that seems legit, but just trying to get another opinion on this.

www.loanmediationinc.com

A few different numbers of course.

I might have posted this in the wrong place, sorry I am new!


No, they are contacting me saying that I have an old balance on a payday loan (from like three years ago). Before I pay this or give them any money, want to make sure this is legit. I closed the bank account and was irresponsible, so wasn't keeping the best records then. I had gotten a couple online payday loans, but thought they were all resolved. There is a small chance this could be legit, that is why I am thinking about paying it. The phone calls have always been professional, no triggers (unlike with the Nigerian scammers call saying they will come arrest you if you don't pay). Just trying to verify it.


Submitted by SCGamecocks on Wed, 05/08/2013 - 19:45

SCGamecocks

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you are in SC right.i'm guessing because of your moniker,but anyway who was the lender and if not SC what state are you in?also what did the calls entail?i saw their stupid website as well.looks like a 3rd grader put it up.answer those questions to confirm what i suspect...total bottomfeeder.


Submitted by paulmergel on Thu, 05/09/2013 - 05:45

paulmergel

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That is correct.

Yes, their website is very basic so that's why I am unsure.

Calls are essentially like any other collection call, they do have all the information (SSN, DOB, Address, Bank Info, etc). Very professional and non-threatening, unlink some of the other scammers - that's why I "believe' this one.

Original lender would have been mycashnow.com - They show the account [cannot even log in] has gone to CPD, credit protection depot.

Called them last night, and they say that the account has gone to a Professional Debt Mediator (PDM, Inc). [Tried to call them last night, but no one answered - it was late, going to try to call now.]

So not sure where the company, Loan Mediations Inc comes into play.

That's what I am trying to figure out.


Submitted by SCGamecocks on Thu, 05/09/2013 - 08:46

SCGamecocks

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Okay update, called PDM Inc this morning and was told this was settled and the account is closed. She is supposed to be emailing me this document, so I will be calling in an hour if I haven't gotten it. The lot thickens....


Submitted by SCGamecocks on Thu, 05/09/2013 - 09:49

SCGamecocks

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myvcashnow is based in canada and is illegal.therefore you in the future demand something in writing,and i don't mean validation.that can't be done verbally.btw who is PDM?geez illegals can give your info to bottomfeeders like loan mediation,and credit protection depot.okay i see who PDM is and they too are a complete bottomfeeder.chances are as they do watch this site just dropped it,or they are lying and passed it to another bottomfeeder.do not trust or give these places legitimacy at all.


Submitted by paulmergel on Thu, 05/09/2013 - 14:57

paulmergel

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I just recieved a call about the same thing and i tried getting on their website and no go for me its just a basic site. So they tell me I owe money for the same company mycashnow and i never heard of them, so i begin to ask questions like, when did they send me $$? When did they close the account out? She first gave me a Feb 2011 date and then I called her back and then she gave me another date, so as I was asking her about these dates all of a sudden her phone got statically. So i told her to send me paperwork as for court and we can move on from there. I dont trust no one.


Submitted by on Mon, 06/10/2013 - 14:33

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these people contacted me just today saying that i owed over $600 for a loan i had from paydaymax.com in July of 2010. I knew it wasn't true. I asked for a phone # to call back after I looked at my bank statements and the $200 I borrowed was paid back thru auto deduct from my checking. Once I had the info I called back, I was hung up on, passed on, then asked to call back in the morning and then they would tell me where to fax my proof -bank statements- to them. Mind you that within 4 calls each rep gave me a different area code and phone number to call. This was too fishy to me so I called the loan company directly and they told me I was in excellent standing and NOT TO GIVE THEM ANY INFORMATION. So DO NOT WORK WITH THIS GROUP.


Submitted by on Wed, 07/24/2013 - 15:13

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Do not pay or give them any info. Tell them to mail u the paperwork and u will go to court. They will stop.


Submitted by on Wed, 07/24/2013 - 15:16

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Loan Mediation Inc. is a scam do not give any money or information to them

http://www.loanmediationinc.com/
Loan Mediation Inc.

1018 Westwood Blvd



Los Angeles, CA 90024



Phone 1-855-597-4550

Fax: 1-855-597-4550



Email: LOANMEDIATIONINC@consultant.com

SCAM DO NOT DEAL WITH THEM


Submitted by on Fri, 08/02/2013 - 13:41

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I just received a call from this company stating that they received my number from a "former" relative, whatever that means, and that I owed them $835 for a cash advance loan in 2010. I asked her to tell me which company because I did have one loan back then, but it was included in a bankruptcy. She said the client could be one of many as they work for an umbrella corporation. She said that the client was seeking a loan fraud lawsuit in my home state against me. When I argued saying that her client can't take action when I'm protected by my bankruptcy she just said she wasn't calling to argue with me and hung up on me.


Submitted by on Fri, 08/23/2013 - 11:26

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i had a call today from the above company. they told me it was about a payday loan that payment was rejected by my bank. this supposedly happened in dec.2010 & was turned over on feb 2011. they threatened me saying that this would be going into criminal court for fraud & they would send the info to social security so i would not receive my payments. also because i would be charged with a felony i would never be able to collect ss again. i told her that i never had a loan out with this Ace Cash Express, they said i owed them over $700. she turned me over to one of their attorneys who told me if i paid today they would deduct $300 & remove my name from the court docket. they had all my info ie:address, ss# email, bank & telephone#. he said that since this was done over the internet they did have an e-signature & i was responsible. He was willing to arrange payments of course with an addition fee of $54,98. i said i had never been in trouble with the law so i would check & see if i could get the money together but i would need another day. He said that i would be charged the full amount & paperwork would be sent to my county. to proceed with court summons. I said i better agree to pay today. did i need to give him a credit card.? he said he never took credit card #. he sent me back to the first woman i spoke to who then told me to hold while she sent me to the PAYMENT DEPT. i was on hold for about 5min. when she came back to apologize for the hold, i told her that i had spoke to an assistant d.a. who told me to hold off. i told her i changed my mind & to go in & take me to court.
i knew from the beginning that this was a scam. they could not produce the paperwork & did not know who the first loan co. was that sent this to Ace . they only knew they were representing Ace & had noway to tell me who i had obtained the loan from. i also know that you cannot harass or threaten over a loan. i know this is a long post but please be aware of these scammers they are out to get you.


Submitted by on Mon, 09/09/2013 - 20:29

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You CANNOT cease and desist over the phone...per the FDCPA it must be done IN WRITING...we recommend sending it certified mail return receipt requested. You state officials are WRONG!!!


Submitted by SOAPLADY on Thu, 09/12/2013 - 17:05

SOAPLADY

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Some lady named Sarah Lee just called me from this company. The thing is they had a NC area code but when she left a message on my voicemail, she told me to call back to a number with a Washington area code. I called her back and advised her to cease and decist. She asked why and I repeated it again. She then said well we cannot do that and hung the phone up on my face abruptly. #RUDE! The reason I told her that is because I had already spoken to my state officials and they told me to tell them to cease and decist or else.


Submitted by on Thu, 09/12/2013 - 13:58

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I made my final payment as agreed with them on 8/30/13. I had to get a new prepaid visa gift card to make the payment, for the one I was using before would not let me put the funds on it. I called Loan Mediation on 8/30/13 with the new visa gift card information to make the payment. They kept calling me after that, even after the payment had been made (I called the card company to see if the money had been taken from the card and it was for the amount I owed). The person on the phone the 1st week of September looked further into it and he said the payment was received. They kept calling me back and then looked at the notes further and said yes it was paid in full. I demanded something in writing to be emailed to me as proof. They emailed me a letter saying the payment was received on September 9, 2013 and the balance was $0.00 and that it was closed.

They called me again last week and told me I still owed the 259 and that the payment was denied. How can you tell someone that it cleared on the telephone and send them a statement saying it was recived and there was no balance and the account it closed then turn around and call them to say it was not and give you an excuse that the email statement was sent in error. How can it be sent in error when I asked them to send me the statement in the first place and they emailed it to me on the day I asked for it which was on Sept 20, 2013 and they indicated that day that yes the payment was received (it was on a pre-paid gift card) Can they turn around and change that even after it cleared and they sent you a statement saying it was cleared. Can I take legal action against them at all?


Submitted by on Wed, 10/23/2013 - 06:52

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Not all PDL's are illegal in PA.
Suggest you get your information straight.
Some PDL's are legal in PA as long as they are recognized and licensed. I researched it before I took any PDL's out in the first place as to if they were illegal in my state or not. The one I have taken out was legal in PA. If it was not legal they would not have given me the loan in the first place. Think you need to get your facts straight on what PDA's are legal and not legal in each particular state.

My problem is that Loan Medication Inc, emailed me a letter stating my payment was received (pre-paid visa gift card) and that I had a 0 balance and it was closed. Now they are saying it is not closed I still owe 259 and the letter was sent in error. The letter gives the date that the payment was received on September 9, 2013. Can I legally do something now since I have in writing that the dept was paid in full?


Submitted by on Wed, 10/23/2013 - 07:07

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get your facts straight.PA repealed that loophole almost 2yrs ago.so you not only most likely got an illegal loan,but you paid a cpmplete bottomfeeder.since you both are the same person you can't do a thing as you gave your permission,and info without so much as a letter sent snail mail.so your stupidity is not grounds at all.in fact get lost as your #17 post was wrong and loaded with stupidity,and judgemental.things i detest.


Submitted by paulmergel on Wed, 10/23/2013 - 07:59

paulmergel

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On 10.30.13 I missed a phone call from what appeared to be a local phone number (208.758.0162). When I called the phone # back, a woman identified me by the phone # that I was calling from, then proceeded to tell me that she was a "mediator" and that I was about to be charged with fraud which is a felony and that the only way to stop the proceedings was to pay $354.95 today. When I asked what on earth she was talking about, she told me that in 2010 I had taken out an online loan through Ace Cash Express but had not paid it back... When I asked for the dates of this alleged loan, she spouted off a bunch of my personal information to include my credit union name, routing and account #, my social security #, my address at the time, my employer, my salary, and the IP address of my computer in March of 2010. She told me that she was looking at my actual bank statements from that time - then reiterated that she had all of this information and that if I did not immediately go to Walmart and purchase a prepaid debit card and give her the number that I was going to face criminal charges. I told her that I was looking at my bank statement for March of 2010 and did not see any deposit for $300. She was very aggressive and rude and told me that I better hire an attorney because I was uncooperative and all she was trying to do was help me... Then she hung up on me.
I called the # back and was connected to a new agent who tried a different approach and only threatened a civil suit through the "attornies network" but insisted that I go to Walmart and purchase a prepaid Visa. I played along and said that I would love to take care of this - but that I needed an address to mail the money order to. He said they do not do it that way...got his "supervisor" on the phone who also insisted that they do not accept cash or money orders for payment. I told them that I would pay Ace Cash Express directly then... and we ended the call. However, an hour later, a "David Allen" from a Minnesota phone # (612.223.6959) called me and said that he was from Loan Mediation, Inc. and that he was the "Compliance Manager". He said he would make an exception for me so that I could put this all behind me, and gave me an address of 3482 Lawrenceville Hwy. - Trucker, GA 30084 that I could mail a money order to.

While I know this is a scam and that I did not take out a loan or not pay for it at that time, I am quite concerned that this company knew so much personal information about me. I will be contacting my bank to let them know of the situation. As I see that I am not the only person who has received phone calls from this company, I hope that the information that I have provided in some way helps you to find out whoever it is that is doing this.


Submitted by on Wed, 10/30/2013 - 12:44

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They keep calling me and leaving threats messages I do not call them back. Never heard of them just want them to stop calling me.


Submitted by on Wed, 11/13/2013 - 12:07

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Good that you do not call them back and do not answer the phone when you see their number. Eventually, they will stop calling...make take awhile


Submitted by bingonut on Fri, 11/15/2013 - 05:34

bingonut

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yes this Loan Mediation Inc is calling my work number and saying I owe on 2 cash loans back in 2010 I bankrupted in 2010 and they said if I didnt pay 130 every 2 weeks i was going to be serve a paper and go to court and be charged with a felony, Is this true?


Submitted by on Thu, 01/02/2014 - 07:58

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they broke the law hand over fist.for one thing you aren't served for a felony crime.you are arrested.secondly crminal action on a pdl is prohibited so they lied about that.report them,and ignore future calls and messages.a total scamming bottomfeeder.


Submitted by paulmergel on Thu, 01/02/2014 - 08:12

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