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Plain Green and 500FastCash questions

Submitted by bigelow0 on Fri, 09/14/2012 - 11:58
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Good Morning from Nevada:

First let me say thank you to all of you and God Bless you all for your time and support. It is nice to know there are people in this world that care.

I came across your site after search for help, just this week, when a fradulant loan company got a hold of my bank account. I had to close my account and reopen a new one. My new account, with the same bank, has no link to the new one.

I too have fallen into the "payday trap". But after looking at your site I started to become education about these loan sharks. I have two questions. I took out a $500 loan with Plain Green on Dec. 12, 2011 with Plain Green. I paid it off to the tune of $1182.12. Stupid as I was I got another loan on 7/3/12 for $700 which I have made two payment for a total of $458.80. If you add the two loans up to a total borrowed of $1200, I have repaid $1640.92. I am going to send them a letter, one of the examples on your site, requesting a refund of $440.92. Does this appear to be correct calculations in your opinion.

Second stupid thing I did was get a loan for $200 from 500FastCash. I repaid that loan for a total of $525. Again being uneducation on these types of loans I got another loan on 8/15/12 for $350 from 500FC, and haven't made a payment on that. However, adding the two loans together, I have paid them $525, against the $550 I borrowed. I believe I should owe them only $25. Your thoughts please on both?

Having all my funds taken out of my checking out last week there is no way I can repay them any more.
There may be light at the end of the tunnel.

Again, God Bless your ALL.

Thank you!


There is very little chance of ever seeing a refund but that should not discourage you from trying. If you read around on the forum, there are people who have had success in getting a refund from illegal or tribal payday lenders. Just keep persisting with your emails and letters and see what turns up. Keep us updated.


Submitted by Steve Barris on Mon, 09/17/2012 - 00:42

Steve Barris

( Posts: 1043 | Credits: )


You are all just wonderful, caring people. Thanks for all your help! I closed my bank account last week due to fraud from a LoanTree Advances. They deducted $30 (not much but still $30), from my account as "Check Process". I contacted them, they offer me a $100 gas card if I took out a loan with them. I refused their offer and demanded the money be put back in my account. They said "no can do". Will I filed charges on them and closed my account for all debits. Did receive the $30 back three days later. Yeah! So I closed my account today completely and sent out my letters to Plain Green and 500Fast Cash. I don't expect a refund from Plain Green, which I can live with. Just happy to be done with both of them and not lose more than $450, I fill that I am one of the luckier ones. I do except to receive those wonderful harrassment calls that I see coming on down the line, but I am sticking to my guns. I'll keep you all posted. Again God Bless you all and THANK YOU for caring.


Submitted by bigelow0 on Mon, 09/17/2012 - 11:58

bigelow0

( Posts: 6 | Credits: )