Internet Payday Loan Company CMG Group

what can i do?

I have a pif note from weinstien and markeZzi law office cause they called me several months ago about cmg group. The past few weeks I have been recieving calls from investigator Jameson. No office sayig it's a federal matter. Goodluck. I call him bck and tell him I have a paid in full note, from Weinstein, if he wants to challenge me I will need information to countersue. He then tells me I can't do that. How do I get them to stop?

We received $250 in our account this morning from this company. We did NOT authorize it. We had gotten a loan with someone else and NEVER applied with this company. Is it easier to call the bank and have the bank return the money or call the company?

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CLOSE YOUR ACCOUNT!

Now that they have your personal account information it will never be safe again!

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I called the 866.516.9300 # and all I got was a voice mail. I too received money that I never signed for in my account. I have tried to contact the # they give in my statment and it gives me the # above which leads to a voicemail. I have contacted my bank. They put a stop payment for the amount they keep taking out of my account (it only works if they take the same amount out though for 6 months). I also called and dipusted the deposit they put in and the amount they keep taking out. I did ask about closing my account and reopening a new one which I was then told I can do so However if they try to subtract the amount after 30 days it could reopen my closed account due to inactivity. What a Mess!!

Just as everyone else has reported on here, CMG Group deposited $300 into my account without me ever specifically asking for money from them. They obtained my account information from a 3rd party payday loan website. At no point did I ever sign a promissory note with CMG Group, and I would imagine that no else on here signed one either.

I'm a law student and technically not allowed to give legal advice, but in my (still non-lawyer) opinion, CMG Group has absolutely no legal grounds to stand on. With legitimate payday loan companies, you are required to sign a promissory note (in which you promise to repay the debt), which includes all of the federally required Truth in Lending Act informaton. CMG Group does not provide this information, which (likely) means there is no lending contract in the eyes of the law.

Additionally, when they deposited the money into my account, they gave me absolutely no way of getting ahold of them to pay off the "loan" in full. No address, e-mail address, phone number. No number on the charge on bank statement. Nothing at all. Clearly, this is on purpose because they don't want you to pay the loan back. They just want to perpetually charge you the finance charge. This substantially builds your legal case that you don't owe them the money they claim because you didn't even have the opportunity to pay them back. After I closed my account they waited several months of non-payment to start calling/harrassing me because they wanted the "finance charge" to build up as much as possible so they could claim that I owed them a ridiculous sum of money.

After I basically told the people calling that I know they're a fraud and not to waste their time with future calls, I started receiving calls from a purported law firm (the person I spoke with claimed he was a lawyer when he clearly wasn't) claiming to represent CMG. They pretend as if they are both investigator and prosecutor, and that they have the legal authority to criminally prosecute me for wire fraud if I don't pay them back. If they had a legal contract with me (they don't) that I was in breach of, they could press criminal charges against me. However, it is clear that they are trying to pretend as if they have the authority to criminally prosecute me, which of course, only a prosecutor could do.

Between you and their law firm, it is purely a civil matter, which means the worst thing the law firm could do to you is sue you. But because there is no contract, there'd be no legal grounds to stand on. In my opinion, the threats to sue you are completely without legal grounds and are merely an attempt to scare you into paying them. They are a shady company that uses threats, intimidation, and harrassment to attempt to get you to pay. They claimed they were going to have me served with a legal summons, which doesn't scare me at all since they have no legal grounds to sue me.

My best advice (again, I'm not yet a lawyer) would be what many others have already said:
1) Close your bank account.
2) Pay back the original amount they gave you, and NO more.
3) In the process of paying them back, DO NOT GIVE THEM YOUR NEW BANK ACCOUNT INFO, CREDIT CARD INFO, OR ANY OTHER FINANCIAL INFORMATION. Either buy a prepaid debit card, send them a money order (keep the receipt), etc.
4) If they've already taken the amount they gave you or more, don't bother contacting them. If you receive a call from them threatening to sue you, tell them you know they are a fraud, and to stop calling you.
5) If they continue calling you, collect as much information as you can and report them to your state's Attorney General.
6) If anyone tries to claim (on this forum or otherwise) that this company has legal grounds to stand on THEY ARE LYING.
7) Finally, DO NOT GIVE IN TO THIS COMPANY'S INTIMIDATION TACTICS.

I hope this helps some of you. This company has wasted a lot of my time, and I don't want to see them scam a single other person.

I too was hit by this company today! So one of my best friends is a paralegal for a collections law agency and he said that this company has not leg to stand on because they do not have a signed legal document. He said the same thing, to close the account, send them a letter saying you did not request this loan and that you will send them a money order for the amount they originally deposited (nothing more because they are not allowed to anymore), DO NOT GIVE THEM ANY OTHER BANK INFORMATION, DEFINITELY close your bank account and open another one, and report them to your state's attorney general. This is illegal!

I just want everyone that is affected by this company know that I found the e-mail they sent me (amongst the 800+ other e-mails I received about payday loans) after I called their number. It states that the loan is refinanced every two weeks (or every time you are supposed to pay) automatically unless you contact them to pay it off or paydown. They also told me on the phone when I said I did not authorize this loan that "once you hit submit online they use that as your electronic signature." So knowing that you have to hit submit in order to see how much, or if you are authorized for a loan, they take advantage of that. I was then told that they called me and left a "detailed" message and an e-mail. I responded that I had received millions of phone calls from many different companies and 800+ e-mails and she replied "I'm sure you did" sounding like they know that we will be getting all these e-mails and phone calls and ignoring most of them. So yeah, they are EXTREMELY sneaky in how they work! So I've talked to them and to my bank and if you catch it in time you can have the bank reverse the loan within 24 hours (this is the legal time they are allowed to do it) or within 24 hours OSL (CMG Groups other name and who answers when you call customer service) will take it back out of your account. However, if you find out too late, OSL will take it back out of your account IF you send them a bank statement that shows you didn't use the funds. Otherwise your option is to pay the loan amount and the finance charge (mine was $60) in full and they won't keep charging you. However, they can't give you a confirmation number saying that you have paid the balance in full. So yeah, I don't know if this will help anyone or not and I haven't gotten to the point of when they would start taking money out of my account and I'm still writing to the Attorney General about this because I don't know how a loan can be legal by them using your submit as an electronic signature when no terms or conditions were given BEFORE you hit submit! So we'll see. The number that I used to call them is 866-516-9300 and their fax is 866-516-9700. There is no address on the e-mail I received either, which seems even more sneaky to me! Good luck everyone I hope something brings this company down!

Advice/Simple Solution : Close your bank account and reopen a new one!!! If you have a job with direct deposit stop your direct deposit first, then close your bank account. Mail them notification to rescind any wage garnishment agreements. Also send them a notarized letter to cease all telephone contact to you, your job or any references. They will go away and worst case scenario you will see it on your credit report!! BIG DEAL!!!

The same thing happened to me. They got my info somewhere online and deposited money into my account. When I closed the account, somebody called to get my info over the phone, when I wouldn't give it, she hung up. I tried to get number or address for them. Now they are trying to take me to court. if they do, I will fight it and I am sure I can win because i NEVER authorized a loan from them.......

Their fax number is 866-516-9700; phone is 866-516-9300. Hope that helps.

I applied for a loan to fix my transmission with this company as well as 5 other companies. This particular company took it upon themselves to put money into my account without my consent then withdraw a payment. This was NEVER authorized. After fighting with them in email they finally took the loan amount out of my account minus the payment they took prior. They have extremely shady business practices and I will be reporting them to the BBB. I do not recommend anyone do business with them.

I tried to give them the money back and they said it would have to be drafted out of my same bank account, unfortunately because I also did not directly apply with them they put the money in my account w/o promissary note or any application. A year and a half later I am dealing with this and it has been sent to two diff collection agencies... I already paid the 1st collection agency the amount owed to no avail, and am out of $200. I have sent validation of debt letters with no response and now I have to get a layer involved for $200 that turned into $500!!! I reported CMG to the Feferal Trade Commission as well as the collection agencies who have taken teh $200 I paid and kept it for themselves instead of applying it to the original CMG loan...It's a shame and disgrace...

Phone: 1-866-516-9300
Fax: 1-866-516-9700

1 866 516 9300

i have never signed anything with this company ,but both collected on my account the bank close my account, today i receive a call that i have a lawsuite for 320 dollars for 150.00 that was deposited to my account they need to be stopped. here is the number for the lawyer 1800 730 8568x101

I think maybe people are expecting these loans to just pay themselves out without them having to take physical action. I just got off the phone with Catherine over at riverelk.. which don't bother looking it up.. you won't find it.. does seem to be semi-legitimate at least. I just paid my loan from them in full no questions asked.

I started the phone call by notifying her that this call was being sent from a computer through skype and the call was being recorded. She only hesitated slightly.. I then asked her upon her asking for my SS# if there is was another way she could go about bringing up my account. She said yes.. believe that people.. never give your FULL SS#.. I gave her what she needed without it being my SS# and told her that my account was being monitored for suspicious activity.

No problems.. loan is paid off. The trick with payday loans is you're going to get gauged.. and hard with interest. Don't take out a payday loan UNLESS you can pay the amount in FULL by your first Pay Date // Before being better. At all cost.. avoid the REFINANCE game. That is where they get you. Also, you take out a loan with any of these companies.. BE PREPARED to make a phone call.. know your rights.. know that you DO NOT have to divulge sensitive information over the phone.

Another practice.. DO NOT call these numbers with a scent of rage in your voice. DO NOT call these numbers and play meek. DO call and be respectful. Yes Ma'am.. Thank you Sir.. goes a long way with these guys (These are random potentially "shady" characters that have all your information at their fingertips.. play nice). DO remain calm and assertive.. use a graceful pleasant and confident tone upon calling. Thank them for their services and then.... Be Done with them.

Next step, get a bank account and savings account and LOCK IT DOWN. I know it's rough and sometimes we need these things.. I did.. a couple of times.. but you have to be careful.. take the right steps and be fully prepared to pay it off in full.. in advance. If you are in America.. DO NOT accept loans over the phone from non-native speakers.. it is the worst thing you can do. You fill out one application and the next thing you know is your information is circulating calling list and email list around the globe.

What I do to take these loans. I set up a temporary Skype account and phone number.. to use until the loan is paid off. I set up a temporary email account as well.. to be deleted upon paying off the loan.. thus, helping me to never have to deal with all the backscatter that these things usually entail. Employer phone number... usually a pay as you go cell phone.. once again.. upon paying off the loan.. I scrap the phone number and apply for a new one.

Just like that folks.. you now have a loan and don't have to worry about being bogged down with loan calls for the rest of the decade. If on a number you can not just cancel.. stay respectful and demand that your number be pulled from their calling list.. they can usually just press delete.. make them mad.. be prepared to have John Sanders (whom barely speaks English) call you time after time for a year.

Hope that helps folks. Pay Day Loans are the same people who provide money at the junkies gambling table. Stay ahead of their practices.. they play wicked games if you get caught off guard.. or just don't know any better.

Have a good day folks

boy what a long winded bunch of ga-ga.first your very opening says it all.the place you mentioned is not even semi-legit.so you paid a bottomfeeder.all of your other info implies that we take loans for the purpose of not paying.that is ridiculous and stupid.many of us(present company included)overpaid these,and i'll say it again.if a lender has no license they are entitled to the principle only.it is the lender's place to lend ethically,but since you came on a thread about a pdl slime not located in the US.you must have some stake in them,and post garbage hoping that someone will agree with you.not gonna happen pal.not while i'm around.so post stupidity on site that permits it.we don't here.see-ya!

I received an email response from CMG Group. This is after making my call to their offices and by sending an email with needed info's and my level of awareness pertaining to my account security, personal security and their level of negative impact on people receiving loans through their services.

Here's the email response:

Mr. [My Last Name Here],
Please advise; do you wish to have this loan reversed, so you would not have a finance charge, this could be set up for [Date] or do you wish to pay in full on [Date] as you did call our office and request a payoff on [Date].


River Elk Services
Customer Service
Phone: 1-855-284-7682
Fax: 1-855-284-7683

Contacting this group and telling them you are documenting every aspect of this process seems to get the level of service we desire and the results we expect.

Again.. I hope any of this helps.

In response to the gaga.. I think you have misinterpreted MY PERSONAL CONCLUSION. That all pertains to my own experience / opinion. I represent no group such as this so for you to hastily jump to that conclusion is a bit.. immature.

If you read my post CAREFULLY.. which I was hoping you would had. I stated that I had dealt with this before.. as I have needed it like most that needed it. I was scared when I saw this in my bank statement. For those that have it randomly pop up in their accounts.. there must be a reason for this.. the group (as I am assuming) is just taking info from applications that one has filled out and passed around.

I take these loans and to avoid the spam I use a temporary number.. I also said that AFTER I PAY OFF THE LOAN.. I cancel the number.. again.. AFTER I PAY OFF THE LOAN. I did not "advise" anyone to not pay off a loan. I am simply trying to present an option of awareness and safety.

So please.. don't attack me.. I see no gain in such things nor accuse me of being with one of these groups.. I am a working class citizen who happens to take the extra steps to safe-guard myself.. and more importantly.. my family.

Thank you

PS: I found great relief in finding this community and it's knowledgeable based community. It gave me the edge I needed to get the results that I got.

Be aware these people are SCAMMERS!!!!! Once again my family is being sued by this company for a loan we never took out. They claim the money was deposited into an account we closed a month before the alleged deposit was made. We have checked with that particular account and there was NO activity after the date we closed it. We now have to go through another grueling process to prove it was not us who took out this loan. Not only did they "deposit" into a closed account they don't even have our contact information correct. One would think that would be enough proof to clear our names from the fraud they are accusing us of.

I recieved a call this morning from the National Check Registry Fraud division stating that I took a loan out in Oct of last year with this company, which I NEVER did, and that because I didn't pay them they are now sueing me for $1,700.00 for a $300.00 loan. I found the phone number for the CMG group and called but they won't give me any information at all about anything unless I give them my ss number...I dealt with ID theft about 10 years ago at which time my attorney said I should not give ANY personal information out over the phone. What do I do now? Please help!