200cash.com threatening to garnish a/c on defaulted payday loan

First of all, they have to go to court and get a court order before they can garnish. I have yet to hear of an online lender going to court to get a garnishment. This is a common threat among online pdls like 200cash.com.

They said that they have already contacted my hubby's company. And I know that they aren't lying because they gave names of the people that they talked too.

Stacey, ask your husband to inform his payroll about the activities of 200cash.com. Legally speaking, the company cannot garnish the wages with a court order. You must be served summons and asked to explain the situation in front of the judge. If they are trying for wage assignment, that is voluntary and doesn't require a court hearing. But you have the rights to revoke it at anytime. Inform the payroll so that the deductions are not done in the first place. If required, close your checking account if that helps. Then you can contact 200cash.com and work out arrangements with them.

What is the difference between garnishment and wage assignment? 200cash will not work with us. I have tried asking them for some kind of arrangement to pay down the loan and they said no. Being that I was actually the one who signed the all the stuff to get the loan (I signed my hubby's name with his permission no forgery....LOL) would that cancel anything out? I mean being that it's not his actual signature?

Oh, I love the way these PDL companies (200cash.com) call it garnishing instead of wage assignment..They're trying to trick you.
Stacey, first off, don't tell them that you signed your husband's name. Not sure what the legal ramifications are, but not a good idea to tell them. Send them a wage assignment revocation letter right away...And send it to your husband's employer, also. This will take care of it..A wage assignment is completely voluntary and you can rescind it at any time. All you need to do is write a letter with the date and amount of the debt and state that you revoke any wage assignments. If you need some help, just do a forum search on revocation letters. Fax a copy, mail a copy(certified, receipt requested) and keep a copy for yourself. Don't forget to send one to payroll.
By the way..Like Tammy said, it would be very difficult for an online lender like 200cash.com to get a judgement, unless it's a huge amount and you've paid next to nothing..even then it would be tough. And..FMLA checks CANNOT be garnished. But get those revocation letters out right away, because voluntary deductions (which is what an assignment is) CAN be done on FMLA checks.

I hate this company. This is a wage assignment and I did everything you said to do. I wrote them a letter stating that we were cancelling this and did the same to hubby's employer. I checked my bank account today and I am $465 in the negative thanks to them. They deducted all that from my account. I can't close my account now until I get a positive balance. Is there anyway to get this money back?

If you revoke a wage assignment they CANNOT honor it..Did you get it there in time? If you got the wage assignment revocation letter to your husband's employer BEFORE they did payroll for that pay period, then they have to honor it..I'm wondering if it was too late. Do you have a copy of the wage assignment? There MAY be some things you can do...Check your pm.

My husband sent a letter to his employer stating that he wishes to revoke/cancel the wage assignment, but they are still going to do it. I know this isn't legal. I also found some interesting facts about wage assignments. The biggest one being that it has to be signed in person and witnessed and cannot be faxed. If it is faxed, then it's automatically voided.

You're right... It's also automatically voided if it doesn't say wage assignment in bold type and have all the pertinent info in the first 3 paragraphs...
Stacey, if you want to revoke it your husband's employer has to honor what you want. Period. You have the right to revoke this at any time, i don't care what the payday loan places say...They bank on people not understanding them, and a lot of payroll depts don't..That's why you have to set them straight.

Stacey according to Michigan law, 200cash.com cant garnish wages and your husband's employer CANNOT honor because they didn't legally seek the garnishment. Send them a fax saying you revoke the wage/garnishment assignment per Michigan law: 1939 PA 21, supra, Sec. 17 provides:
'No assignment of or order for payment of any salary, wages, commissions, or other compensation for services, earned or to be earned, given to secure any loan made by any licensee under this act, shall be valid unless the amount of such loan is paid to the borrower simultaneously with its execution; nor shall any such assignment or order, or any chattel mortgage or other lien on household goods then in the possession and use of the borrower, be valid unless it is in writing, signed in person by the borrower, nor if the borrower is married unless it is signed in person by both husband and wife, provided that written assent of a spouse shall not be required when husband and wife have been living separate and apart for a period of at least 5 months prior to the making of such assignment, order, mortgage, or lien.
'Notwithstanding the provisions of any other act, a valid assignment or order for the payment of future salary, wages, commissions, or other compensation for services, may be given as security for a loan made by any licensee under this act, and under such assignment or order a sum not to exceed 10 per centum of the borrower's salary, wages, commissions, or other compensation for services shall be collectible from the employer of the borrower by the licensee at the time of each payment to the borrower of such salary, wages, commissions, or other compensation for services, from the time that a copy of such assignment, verified by the oath of the licensee or his agent, together with a similarly verified statement of the amount unpaid upon such loan and a printed copy of section 17 of this act, is served upon the employer.'
Your state representative states:
Honorable H. Lynn Jondahl
State Representative
The Capitol
Lansing, Michigan 48909
A creditor, like 200cash.com, who wishes to execute a wage assignment must provide the borrower/employee with a court hearing to determine the validity of the wage assignment and the fact that the employee is in default. Send that statute along with your request to revoke wage assignment/revoke wage garnishment and tell your employer they are illegal and if they allow them to garnish your husband's wages they will be assisting them in their illegal actions.

I received an email from 200 cash.com telling me that I was not approved for a loan, and I have since seen that they have debited my account twice . What am I able to do about recovering this money?

200CASH.COM TOOK 19.00 OUT OF MY CHECKING ACCOUNT AND I HAVE NO REASON WHEY THEY DID I NEVER RECEIVE THE MONEY IN MY ACCT WHAT HAPPENED HERE?

I just read on 200cash.com that they have a one-time only non-refundable application fee. That fee is $19, so I'm assuming you applied and if you didn't get the money in your account, you must have been denied the loan. Did you call them to find out?
Here is the contact info from the website.
Contact us at: [email]info@200cash.com[/email]
Phone: 714-839-1300

I believe 200cash.com is a scam form all the complaints I've read about them. They charge the fee but never give loans.
Do a google on them and see what I mean.

i never got the loan and 200cash.com keep on debitin my account

morgan - what is the amount that they keep debiting? do they keep getting the amount or do you dispute it?

They took $19.00 from my bank account 2 times and then turned me down for the cash advance, they sent me an email saying that none of my info was correct and I know that it was correct. I filed a complaint with the BBB today and I will see where that goes. It's like someone is running this company from their home and making tons of money off of people like me! If they have done you like this please report it to the BBB, it will help get them shut down and maybe have someone put behind bars!

You need to report it to the FTC and your state attorney generals office. They are the ones that can help get them shut down, not the BBB. The BBB is a (member paid) service, the FTC & AG are federal agencies with clout.

Who does a person have to get in touch with to get money that was illegally taken out my account. In these desparate days people tend to take desparate actions, companies like 200cash.com takes advantage of that and preys on desparate consumers

I would start with your bank. Dispute the item as fraud if you did not authorize the debit.

They sent me aemail saying i was approve. they fax me over a letter stating if i default on the loan i have to pay some fee. I never receive the money in my account and they have try 3 times to take out the money. i have sent them several email and no response. there is a automated v/m .no one to talk to direct.

I filled out a loan request like most of these have. I have also had the deductions from my accounts also. In reading about the couple who had recievied the funds, which I have noticed that most of us have not done, I believe that the pdl's don't listen to what the courts have to say, they have access to our accounts so they automatically put through the deductions on the accounts not our wage assignments,or payrolls. or employers. They just put thru a debit to our checking account and deducts all they can at a given time. The only way to beat them is to change the account or deal with your bank when you have an accont like this with a stop payment on them.

I applied for a loan was told I was approved and the $19 one time applicaton fee was deducted from my account but no loan. The telephone # given is an automated service so there is no way to contact any live person. I believe that this company is a scam pdl. I hope that they don't deducting the $19 app fee if so how can I get it stopped. There is really no way to contact them. I have sent a faxed letter asking for status of the application, I have sent an e-mail and I have gotten no response. What do you suggest?

200cash.com never gave me money and they have took 44.00 from account twice. I can't contact them by the numbers to get my damn money back and nsf fee, They never gave me thing due to me not signing that form... : : :x

this place is a joke i apply got denied and they were taking a 19.00 fee which they look out and it was paid for them tried to charge me a 44.00 after they took the 19.00 this place make me sick and someone need to tell these people whats on there mind and when i tried to call them all i get is a machine no live person whats up with that they need to refund me 44.00 they look from me!!!!!!

send request here
THIS IS NOT A STATEMENT OF GOOD STANDING

File Number: 4630748 Incorporation Date / Formation Date: 12/08/2008
(mm/dd/yyyy)
Entity Name: 200CASH.COM REPRESENTATIONS INC.
Entity Kind: CORPORATION Entity Type: GENERAL
Residency: DOMESTIC State: DE

REGISTERED AGENT INFORMATION

Name: BUSINESS FILINGS INCORPORATED
Address: 108 WEST 13TH STREET
City: WILMINGTON County: NEW CASTLE
State: DE Postal Code: 19801
Phone: (800)981-7183

cancel loan

Unfortunately, I recently wnet through the payday loan maze myself. It is incredible, the way that you are "redirected" 4 or 5 times during the application process. From several DIFFERENT starting points, I wound up at 200cash, and of course, completed the app each time. Later, I found out that I am charged $20 each time I fill out this form. Well, I was approved for several loans from other companies, in amounts of $500 and $800, and I took them. Then, this morning, I get notice that I was denied by 200cash, and they give me some standard list of reasons instead of telling me why. And the cherry on this cake is that they are charging me $20 for each app that they denied. Of course its a scam. They are only gambling $200 of their own, and they're getting 20% of that in an app fee. No other company charged me like that.

I applied for a payday loan from them once. They have withdrawn $19 three times. I called them and asked to have my account cancelled and my money refunded and they said to call someone else. Then they went and tried to take out again and I didn't have the money in my account. So they waited about 3 weeks and put it through again and charged me a bounced check fee so they took out $44 instead of $19 plus I got charged $25 by my bank for a bounced check fee. I WANT IT ALL BACK>>>

so i applie for a loan, nothing as of yet form their end. i have not seen any money come out of my bank account yet. now that i am fully educated on this scam, what should i do from here?
- should i close my current bank account now?
- should i send a revocation of wage assignment now?

i just need some direction so any help is much appreciated. thanks!

i WOULD NOT PAY THEM CRAP AS MUCH MONEY AS THEY HAVE RIPPED OFF FROM OTHER CONSUMERS YOU DON'T OWE THEM SH--! FIGHT THEM AND CHANGE ALL YOUR BANK INFO SO THEY CANT TAKE YOUR MONEY FROM YOUR ACCOUNT. FUC- EM.

I faxed a letter and told them I didn't want the loan and they still took 19.00 from my account and again they took another 19.00 in january. Everytime you try to send an email all you get is a generated email

200 cash.com has took money from me an thats wrong i didnt get a loan . From them so they really need to put my moneys back in my account . Or my lawyer will be over you. Its already hard in these days an time. So why steal from hard working folks...

200cash.com is a ripp-off. They get your info stating upon payment of 19 dollars non-ref. That they will immediately deposit your money. They also claim no fax, and then they send you this attach. To be faxed to them. You call the no.'s and can not reach anyone. You e-mail them and can't get anyone, but they manage to find you and collect money from your account. How can they say upon receipt of your 19dollars, they will immediately deposit your selected loan into your account, and then deny you? Can they even collect money from you without you signing and faxing the attached documents back to them????

200 cash is takeing money from me when then i quified & never got the loan what a scam i emailed them a nasty note

DO NOT try to get a loan from these scammers! NO contact information is viable! BIG run around circle with NO real people! Contact BBB if any issues. 200cash.com-- these are bad people!

Hi,

Please try to be in contact with them to get a proper results. Take a look at their site... [email]info@200cash.com[/email]
Phone: 714-839-1300
Their contact details are mentioned above.As there is a debate regarding them being scam
it is wise to check everything before one takes any step .A google search is always a better option to know more about them!

Are there any positive reviews for $200cash.com? Has anyone ever actually received a loan, paid it back and had a positive experience?

For reviews on 200cash.com you can type the name of the company in the search box, and read the thread discussions on this company.

Quote:

[quote=pinklady;346987]i just read on 200cash.com that they have a one-time only non-efundable application fee. That fee is $19, so i'm assuming you applied and if you didn't get the money in your account, you must have been denied the loan. Did you call them to find out?
Here is the contact info from the website.
Contact us at: [email]info@200cash.com[/email]
phone: 714-839-1300[/quote]


i have been trying to contact 200cash.they have taken $19.00 last week,now they have taken 44.00 as of today. How do i stop these people

I, like so many others, thought 200cash.com was legitimate. I even went to my bank in Walmart and withdrew money out of my checking account so the $19.00 would not go through. The next day, which was Sunday, I checked my Emails because I thought when I did the application the night before that that was it .Then they said I had to sign this OTHER paperwork about the $780.00 and the garnishment crap and get it notarized before they could continue with the approval process. THAT WAS MY RED LIGHT. I too was in a bind financially and thought because the supposed final page said,"for IMMEDIATE deposit of your $200.00 loan" and finished that document,that that was the end of it.Payday loans are just not worth fooling with .There is a lot that you are not told until it is too late.

i agree with the above people they debit money from your account with no authorization or response don t fool with these idiots

Phone number not functioning no other number anywhere for contact. Please help me if u can. Unable to find out my balance. Thomas buehner

Whose phone number do you actually want?