Payday loan help.

Date: Fri, 06/19/2009 - 12:07

Submitted by fel569
on Fri, 06/19/2009 - 12:07

Posts: Credits: [Donate]

Total Replies: 5

had a payday loan thru CashnetUSA, couldn't pay the load off and now I have NSF's. Can you get taken to jail for this happening? I've got a company out in New York VCS threatening within 48hrs i am going to jail. They want 606.00 dollars and I think that the original loan was only 250.00. I told them to send documentation when i got the letter it had a totally different name on the letter. I called Cashnet and they told me they never sent my informaiton to any outside agency it's still in house. What do I do??

Is the company VCS contacting you in regards to CashnetUSA. And

Is the company VCS contacting you in regards to CashnetUSA. And Cashnet is telling you they didn't send your account to VCS? Just want to make sure I understand. IS Cashnet the only loan you had?

lrhall41

Submitted by PinkLady on Fri, 06/19/2009 - 12:11

( Posts: 1720 | Credits: )

Yes VCS is contacting me for Cashnet but when I got the letter t

Yes VCS is contacting me for Cashnet but when I got the letter that I asked for, it had Kenwood Services which is another one I have out. And Cashnet said no they did not send my information to any outside agencies.

lrhall41

Submitted by fel569 on Fri, 06/19/2009 - 12:15

( Posts: | Credits: )

OK, I know that CashNet will sometimes work with CSO's to offer

OK, I know that CashNet will sometimes work with CSO's to offer loans to individuals and that may be were Kenwood services comes in. I just did a search with Kenwood and they seem to come up as being a lender that others have dealt with. So did you get money from both Kenwood and Cashnet or just Cashnet?

lrhall41

Submitted by PinkLady on Fri, 06/19/2009 - 13:00

( Posts: 1720 | Credits: )

Got money from both.

lrhall41

Submitted by on Fri, 06/19/2009 - 23:29

( Posts: | Credits: )

The only laws i know are for my state, but im pretty sure that y

The only laws i know are for my state, but im pretty sure that you cannot go to jail unless the check was returned due to a closed account, not non sufficient funds, but i would check your specific states payday loan laws. If you have the copy of the contract you signed when you got it, the info should be on there.

lrhall41

Submitted by amyw2003 on Sat, 06/20/2009 - 03:08

( Posts: 109 | Credits: )