Car Jar in NJ
Date: Thu, 06/07/2012 - 15:26
Like other I got the called that the wanted to serve me some papers. Just before they called my cell they had called my father & told him that they had a warrent for me. While knowing my father he told them where they can put their so call warrent. LOL. I called them back on the number they left and paid $600 and will pay another $600 in two weeks to cover the interest and fees.
I am glad that I found this site. I did my research and found out that payday loan is illegal in NJ. I have also spoken with the NJ Department of Banking & they had confirm that payday loan is illegal in NJ. I was told to change my bank or debit card.
I am in the process of filing a complaint with the FTC & NJ Attorney General against Cash Jar as well as their collection company CTS. Have anyone heard of CTS and/or know their address?
By the way my original loan was for $600 so with the money that they have taken already plus the $600 that I just paid they own me. I know that I may never see that money but I will cancel my debit card and inform my bank about what's going on
Thanks
It???s true that payday lending is prohibited in NJ. You ar
It???s true that payday lending is prohibited in NJ. You are liable only for the principal. You need not to pay them any interest or fees. You can ask them for a refund, as you have paid them more than principal. Close your old bank account and open a new one. Illegal lender can???t take any legal action against you.
CTS is a fraudulent collection company, they lie and threaten co
CTS is a fraudulent collection company, they lie and threaten consumers into paying up on illegal debts. You don't have to worry about a thing. You are on the right track having filed the complaints with the FTC and the AG. Sadly, I couldn't find any proper contact information for CTS.
Thanks for your input. I've also tried looking up information ab
Thanks for your input. I've also tried looking up information about them & could not find any. The only information that I have on then is the toll free number that they had left.
I went as far as calling them and asking them for their address and was told that they could not give me that information. I also recored the call.
of course
of course they won't/don't give out their address.if anybody got it they would be sued out of existence,or fined by an AG out of existence.
I was just thinking. If they debit funds from your checking acco
I was just thinking. If they debit funds from your checking account or debit card, could the banks or law enforcement locate them? It seems to me that they could trace where the funds went to. I know this sound to easy but I was wondering if it was possible.