Old Pay Day Loans in Collections
Date: Fri, 10/12/2007 - 07:18
First off I am SO glad I found this site and I am so grateful for all of your knowledgeable people here and your willingness to help others.
OK that being said, this is my issue. About 3 or 4 years ago I got into a financial bind and I had to get about 4 pay day loans. Well they were ALL coming out of my check at one time and the payroll dept made an error and we did NOT get paid so my account ended up being overdrawn by 1500.00. So ...my account was closed...and I paid the bank back and SOME of the payday loans. But I have three on my credit report.
They are all with a collection agency "Certified Recovery" and the Companies I used were"
US Fast Cash
United Cash Loans
Cash Advance (thats what it is called)
Well I did a DV with the collection agency and they sent me loan docs on US fast Cash and United Cash but they are saying I owe 1300.00 but the loan documents do not reflect that. One document has a loan amount of 0.00 and finance charge of 90.00 and the other one has a loan amount of 300.00 and a finance charge of 90.00 as well. Payments were made on these before the account was closed but I never brought it to term. I am in Tennessee and all of these loans were taken online. Does anyone know what I can do to get these off my reports? Thanks so much.
First of all, here is your states info at http://www.paydayloani
First of all, here is your states info at http://www.paydayloaninfo.org/state_detail.cfm?id=TN I will get back to you on the companies!!.KAren
If I remember correctly, TN is one of the funky states where the
If I remember correctly, TN is one of the funky states where the pdl can be licensed in any state to lend in TN. Two of the companies I think are MTE, US Fast Cash and United Cash Loans, which in all their evilness are generally illegal and not licensed. I do ot know about Cash Advance. (Someone please correct me if I am not remembering this correctly)
OK so I checked the website and it is still saying no renewals a
OK so I checked the website and it is still saying no renewals and maxium loan amount is 500.00. The company is saying my loan is for 600.00 or rather ai owe 600.00. I am so confused by all of this.
