Help!! Ace Cash Express threating lawsuit

I forgot to give my state. I am in Illinois.

Thanks for any and all help and advice!
Jen

Don't be shaken- I am in Illinois and I am trying to clear up 5 loans. You are going to get some great advice here. I know how you feel, but they want you to be shaken up, they want you to agree to some crazy terms that are crazy. Hang in there and you are going to get some great advice off of here.

Is Ace Cash Express an internet loan or a storefront?

Well, there is a plus side.

They cannot seek criminal charges against you, so if they are infact not bluffing...it's a civil suit simply asking for judgement.

As far as I know, they are not allowed to speak to your employer reguarding your debt unless they are planning to take the amount owed from your wages.

If they were planning to do that, it would make no sense to threaten you with a suit.

Ok I just had the same thing happen to me today as well. The person I talked to wouldn't even let me speak hardly and they said almost the exact same thing as the above statement. Threats and how I'm being investigated for fraud etc... It got me really shaken up and the guy just started going off on my and pretty much hung up on me. Then when I called back he promptly told me that I was not to call back and they were going ahead with the case and instead of garnishment they had something better in mind for me.. and hung up. I'm freaking out here and would appreciate any and all help/advice. I'm located in KS.

Legal licensed lenders can and will take action against you, but keep in mind it is civil not criminal. Guest is this loan store front or internet. If it is a store front loan, try contacting the corporate office of your lender and work out a payment plan with them. Sometimes the corporate level is easier to work with. If this is an internet loan how much did you borrow and how much have you paid back including all fees.

this board will be able to help you, please do not panic. as kfstaff24 said, if it is legal, they can take CIVIL action against you, but i really do not think they will involved your employer unless it was a wage issue. either way, hold your head up high, we can first figure out if this company is even legal and even if they are, we can still help :)

well ACE is not legal in illinois people.and whoever is calling is bottomfeeder.the fact that they mentioned fraud was the red flag for me.there is no storefront pdl by this name in illinois.file AG and BBB complaints against this pdl.

I would file with the governing office in illinois first. Threatening criminal action is illegal in nearly every state.

If they continue to call you employer after you requested that they do not call, then you can file harassment charges per the fair debt collection practices act.

Another inside tip. If you just pick up your phone and speak with them, even if you tell them you cannot pay. that is the only time they can contact you per 24 hour period. They cant call references, employers after they have spoken with you. If they persist, log a complaint.

Well I'm back to let you guys know that I've taken care of the problem. I had to borrow the money from my parents to pay them off. I got that call and freaked out and there was no call to my job, I would know I answer the phones. I got a call from Mr. Thomas the next day asking if I had come to an agreement with my previous phone call. I explained that no I did not and how I was yelled at and threatned and hung up on repeatedly. He didn't really seem bothered by it and said, "Well all that matters is that today is a different day." Then he went into a speech of how I needed to pay if off but then he would allow me to RELOAN again. Ok so these companies are insane, they use scare tactics and force you to pay them off but ultimately just want you to reloan with them. I told him that I would be paying it off and never re-loaning again. He kept pushing me to go ahead and re-loan... We worked out an arrangement and I was set up to call him the following day.

I called him the next day explaining that I couldn't get the money together and could only make a small payment of $100 if he would take that. He promptly told me that the entire amount of $412.50 needed to be paid by 3:00pm or else they would go ahead and file whatever they had against me. In the end like I said I borrowed the money from my parents to pay them off.

Needless to say, I would NEVER suggest that anyone borrow from Ace Cash Express

please someone post if arizona is different.

Read thru this thread, and I will say that while most of the advice on this forum is good, some is not well-researched.

ACE Cash Express has storefront locations in Illinois. A simple search of whitepages.com or acecashexpress.com tells you this - if they've been licensed in Illinois for storefront operations, then they are not an illegal lender in the state of Illinois. I know the zip code for Elgin, IL, and the store locator on the company website gives me 4 locations within a 50 mile radius of there.

Ace Cash Express is legal to lend in Arizona. They now offer Extended Payment Plans but you need to ask for one before you default. Approval is based on your history. If you have been in good standing alll interest stops and you make four equal payments. For example if you borrowed $500 add the $80 interest and divide by 4. Your payment would be $145 over 4 pay periods. I also reside in AZ if I can help further let me know.

Just tell callers "Don't call my work #" and call back the next day to be sure your work # is taken out plus any duplicates of the work #...be sure they look for duplicates under "icc" ect. Also if you can pay in full, then you can reapply if necessary. Also you can pay any amount while you account is in collections at ace, it just won't take your acct. out of collections status, they will still call, if it is out of the guidelines they expect. Pay something every payday. Even if it's 20. They don't report to credit agencies ..lucky for you but other collection actions will continue. Pay off ASAP and lower your living standards, don't refrigerate food or cook food, only eat foood for the day, unplug your refrigerator. live without it, it cost more than you think, It's cheaper to eat out than run a refrigerator. turn off your water heater entirely. Heat water on the stove in a big pot and place in shower, make comfortably warm with additional cold water and take shower with the limited water, scoop water with a bowl over your body. This is 3rd world method. Think smart, cheap, make changes, Make sacrifices. Pay them off

If the store front's not working w/ you in making payments, call corporate officeand tell them you defaulted, and want to pay back the amount but you don't have all the money but want to make payment arangements.

David.. just because you tell them not to call you, doesn't mean they'll listen. Chances are, they have more than one person working "Accounts". Only way to TRUELY get them to stop is to send them a CRR telling them not to contact you,references etc, and even then they may not abide by it, but at least then you have proof you told them not to contact you, and if they keep at it file a lawsuit.

David, are you nuts? Nobody can actually live like that. You can make sacrifices without living like a refugee.

He left out "Use leaves and old paper for personal hygeine needs"

And, "Have your water shut off and drink your own urine".

and live in a cave :) (Sorry couldn't resist)

I sincerely hope that he was being sarcastic.. If not.. I sure would hate to party with that guy.

i just imagine him on hill in survivalist gear.chanting incoherently. :lol: :lol:

:lol: really!!

they just called me today with the same threats... supervisor, hr etc. I'm in Cali.

Hey just wear the same clothes too.You won't have to worry
about running up your electric bill or water bill,but at least you'll
get that pay day loan paid off.Who cares if you stink.

guest, didn't you say you paid them? even if you did not pay them, there is no way you should have to put up with this but i thought you said you did?

What if you already worked out a payment with the corporate office and have been paying them regularly and just stopped, can they still get a civil suit against you. I'm in SC by the way and they are legal here.

ks, I would assume that they would.. if you just stopped and haven't talked to them as to why you stopped. Specially after you had already made payment aragments.

It's always a good idea to keep in communication with your legal lenders.

Yes.

i agree, for some reason i thought you paid them off in full and they were still harrassing you. legal companies abide by the laws and can also pursue (civil) legal action.

Quote:

sounds to me like some kind of crazy collector tactic. i have gotten many "budget suggestions" over the years as how i can save money to pay off debt. one collector even asked if i could steal from a family member!!

OMG...lol :lol:

LMAO, are you serious! :roll:

lol it was a payday loan collector (not legal of course). i laughed and hung up. that was back in the day when i used to speak to those morons.

You should have answered no that you had no relative living close but could you have their home address to see if a break in was possible.

:lol:

:lol:

I filed a complaint with Missouri Attorney General office and I am now attempting to start a class actions lawsuit against Ace Cash Express. They violated the FDCPA.

I live in colorado and received a loan from Ace Cash. When I couldn't pay, boy what harrassment. I told them I could make a partial payment at the end of the month (since I get paid monthly). He had to get back with me. He now tells me He need $50.00 upfront or he can file a criminal case. He told me I was under investigation. Is this true! What if I don't respond to his calls any longer? Is this just part of the intimidation or can they file criminal case against you? Please help.

He if full of sh**. There will be no criminal charges filed being debts are civil matters not a criminal case.

Is this Ace Cash Services or Ace cash Express? Online or storefront lender?

I am from Arizona and I got an ACE payday loan for medical bills. I have defaulted because I lost my job. I will be able to pay off the $370, but not on the day they require, they won't listen, and Miss Moore yells and says there is nothing more she can do, but have me pay it off and reloan right away. I can afford a lawsuit. HELP!

Ignore the guest above, just another troll. :lol:

i find it's easier to ignore humanoids if they are deleted.don't you agree.like the one i just deleted.

Quote:

Quote:

ace is calling and threating me too, I'm in texas. someone help!!!

Quote:

Hello,

I'm in FL and I got a 60 day extension on my loan and wasn't able to pay it. It's been almost 3 months since that and I got a call from a Ace Cash Express in TX saying that if I don't pay it with a debit card over the phone by Friday, they will file against me and persue legal action and need to speak to my employer to get our address and information and basically making it seem as if I'm gonna get arrested. It is for $577.00 and I am scared because I don't want to go to jail. Can someone please help me with this?????

You people did borrow the money! No one forced you to take a short term loan such as a payday loan, but you did. So, you for any good reason or bad reason did not repay it, yes, they can go after you. BUT, you need to read the laws of your state in regards to NSF checks. I will also say, those of you spouting that they are breaking rules of FDCPA are incorrect!!!! FDCPA rules and laws apply to third party collections. NOT first party such as ACE. You can ask them not to call your work, and they must not call FOR you, but can call and speak to HR or manager to confirn certain information with out letting your company know specifics. Now if your company asks who they are and they say ACE CASH and your supervisor knows what ACE is then the supervisor can put 2 and 2 together. That is not breaking the law. It amazes me the amount of comments I have just read on another forum about these FIRST PARTY collectors being rude etc, well again, you borrowed the money and it should have been paid back, and some people feel that the world owes them. They are getting calls from a collector who is doing a job of trying to collect on money you pretty much "stole" cause you didn't pay it back. Then you have the nerve to get on forums and gripe????? Again, the world owes you nothing. PAY YOUR DEBTS! They may be to the point, rude, and not so sympathetic, but hello, you owe money months after you were to repay it!!!!! I really doubt that any collector cussed someone. Calls are all recorded and they are trained to say what they say with out breaking the law. I work at a third party collection agency, and the FDCPA rules do apply to us and you take tests rules etc. Again, before you start calling the atty, read the state laws on FIRST PARTY COLLECTIONS. Again, FDCPA rules do not apply to places like ACE since it is the money they loaned you a LONG TIME AGO.

Please immediately sit down and write a letter briefly explaining your current situation.

Something along the lines of:
Date: Todays date
Re: Loan # and Account # Loan Amount

Dear Sir/Madam:

This is to inform you that I am unable to pay on _________(date) as promised. Please
allow me to make arrangements with your company to pay $_________(only put what
you can truly afford to pay) but should be paid in full within 120 days.

I will give you ten days after receipt of this letter to notify me of your intentions of allowing an equitable arrangement. However, if I don't hear from you I shall assume you
are not interested in a resolution that will be beneficial to both parties.

Respectfully Requested,


Your name & signature