Cashnet suing

Date: Tue, 10/23/2012 - 09:34

Submitted by anonymous
on Tue, 10/23/2012 - 09:34

Posts: 202330 Credits: [Donate]

Total Replies: 6

My daughter took out a loan with Cashnet a while ago. She and her husband got laid off. The payment to Cashnet bounced. She assumed they would redeposit and soon lost track of it. She never heard from them again. She just started a new job and today a lawyer called her and said they are suing her for fraud. They said she knew when she took out the loan that she was not going to repay it. Now they want all the money right now or they are going to go to court and she will have to pay the court costs too. Is Cashnet legal in Texas and can they legally do this even if they made no contact before now to try to get her to make the payments?

Cashnet IS a legal lender and they can sue you but not for fraud

Cashnet IS a legal lender and they can sue you but not for fraud. Personally I would send this attorney a cease and desist letter and inform him of the FDCPA violations he has committed.

lrhall41

Submitted by SOAPLADY on Tue, 10/23/2012 - 10:01

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Ask for documentation?

Should she ask him for documentation of this debt and see if he will send it? If she truly owes this money, she wants to pay it back. She admits that she probably still owes Cashnet money, but shouldn't she ask them directly how much she owes and see if she can work it out with them? This could be just a scam, but my daughter is scared and wants to pay her debts if they are legitimate.

lrhall41

Submitted by anonymous on Tue, 10/23/2012 - 10:26

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wait a minute

you said cashnet right?cashnet usa is legal however there are a couple of places calling themselves cashnet that are not legal.i doubt cashnet usa would break the law in threatening fraud which is illegal.was this cashnet usa,or just cashnet?very important.

lrhall41

Submitted by paulmergel on Tue, 10/23/2012 - 10:44

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Yes, without the full name of the lender (a phone number and the

Yes, without the full name of the lender (a phone number and the company's website are EXTREMELY helpful) no one should begin telling you how to proceed with the phone call.

lrhall41

Submitted by anonymous on Tue, 10/23/2012 - 12:03

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Do not pay this, this is a scam. As paul said, ACS and its cohor

Do not pay this, this is a scam. As paul said, ACS and its cohorts use CashNet as their name when scamming you for money. Get CashNetUSA on the phone and ask them to confirm you do not owe anything.

lrhall41

Submitted by waffles on Tue, 10/23/2012 - 17:04

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From a CashNetUSA Representative

Thank you for bringing this to our attention. I am a representative of CashNetUSA. Unfortunately, without access to your daughter's account, I cannot speak to it directly. Please have your daughter call Customer Service at 866.254.3581. They will be able to determine the status on her account.

lrhall41

Submitted by CashNetUSA Customer Service on Wed, 10/24/2012 - 12:43

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