Apple Fast Cash

Hello, and welcome to the forum. First off do not send ANY payment to them unless they send you a debt validation letter. What state are you in? Is Apple Fast Cash legal in your state? Because if they are not, this company probably is collecting on an ILLEGAL debt anywayz, and furthermore a VALID 3rd party collector would send you a actual debt validation letter. It would have original account held with the PDL and payment history.

NCA is a nasty company, read about them here. Would you please explain what you mean when you say "no debt validation letter"? As that is something the debtor (you in this case) is suppose to send to the Collection Agency in an attempt to obtain proof that you owe this debt. It doesn't matter whether you KNOW this is your debt or not, the point here is, it is your right to obtain documentation from these people that they either the right to collect this debt, or they OWN this debt. What they SHOULD send you in return, AFTER you have requested validation is:


Did you send this company a validation letter?

I agree with Shazz. They must validate the debt. Have you sent the validation request letter to them? I see you listed their address.

I live in MN the payday loan company is in Delaware and the collection agency is in Kansas. The payday company violated DE laws by allowing 6 rollovers. Yes I filed a BBB complaint in Delaware against the company and a BBB complain in Kansas against the collection agency. IN my complaint I asked for licensure proof/debt validation letter. What to do now?

So to clarify you sent this collection company a debt validation request letter? If you have then hold tight on their reply. Also, if your state laws does not permit rollovers then you are done with APPLE FAST CASH. Wait for that debt validation letter from the collection agency to be returned, IF they send you one. These charges seem a lil bit ridiculous to me. Best of luck!!

You know what, I am almost inclined to say that this so called Collection Agency is a farce. And with the info you have provided so far, I see fdcpa violations written all over it. I am going to ask JCEMT to take a look at this, he has a lot of knowledge in this area. :D

First a little info on your states laws regarding PDLs:

I assume you did not receive a contract or terms of the loan including fee schedule and disclosures. Am I correct?

If you did not that would be a violation of the Truth in Lending Act.

Now with that statute in mind they had increased it by $406.37 when it was sent to collections and then an additional $230.63 when it was sent to an attorney based on the original balance with a total of $453.55 in credits. Your looking at 463.51% interest which clearly exceeds state usury laws.

I would say based on this information you should file complaints with your state Attorney General's office.

Also there are a couple of possible fdcpa violations. If the balance increases are due to collection fees I believe that it would fall outside of the term of "acceptable fees" depending on the courts decision. Also the law firm was in direct violation of the FDCPA by trying to pressure you into acting before your right to request validation within the first 30 days, this is known as overshadowing.

Also just for arguments sake and in case MN is one of those funky states where the lenders home state laws only apply for lenders I'll post DE information on PDLs

Delaware State Information


I would also like to point out that either way they violated either states usury laws for roll overs.

Since I'm not in this forum much as it's not really my field of expertise you can contact me via PM or quick message if you need anything further.