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Question about My Cash Now

Submitted by Mitch on Wed, 08/28/2013 - 11:33
Posts: 70
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So I've taken a couple of loans out from My Cash Now over the past year and have overpaid by $1000's on all of them. The last loan I took out was for $2000 back in December of 2012. I've been slowly repaying them back when I can (just the principal). I owe like $345 left on just the principal. My question is now that My Cash Now is out of business should I even bother repaying the rest since I've overpaid them in the past? Or should I just tell them to get bent since they've gotten enough money. I read that My Cash Now, Payday Max, Credit Protection Depot have been hit with a lawsuit and are going out if business. I've sent them all the appropriate letters and they never harass me. Just wondering if I should let it go since I've overpaid $$$ on other loans. Thanks for your input.


So I've taken a couple of loans out from My Cash Now over the past year and have overpaid by $1000's on all of them. The last loan I took out was for $2000 back in December of 2012. I've been slowly repaying them back when I can (just the principal). I owe like $345 left on just the principal. My question is now that My Cash Now is out of business should I even bother repaying the rest since I've overpaid them in the past? Or should I just tell them to get bent since they've gotten enough money. I read that My Cash Now, Payday Max, Credit Protection Depot have been hit with a lawsuit and are going out if business. I've sent them all the appropriate letters and they never harass me. Just wondering if I should let it go since I've overpaid $$$ on other loans. Thanks for your input.


Submitted by Mitch on Wed, 08/28/2013 - 11:34

Mitch

( Posts: 70 | Credits: )


you should have applied any overpayments of principle to this loan so yes pay no more.


Submitted by paulmergel on Wed, 08/28/2013 - 11:37

paulmergel

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They were supposed to take a payment from my checking account on the 3rd but didn't. What happened to them. I have spent hours on the Internet trying to find out what happened to them. Their web site is closed too.


Submitted by on Mon, 09/09/2013 - 12:55

( Posts: 202330 | Credits: )


Not sure what state you are from, but the MD Commission of Financial Regulation has issued a cease and desist against them. Plus I believe that their ACH capability has been denied.


Submitted by bingonut on Mon, 09/09/2013 - 13:25

bingonut

( Posts: 1428 | Credits: )


Screw them! they're out of business anyways. Their collection agency Silver River Management called me a month ago or so, to inform me all collections activities had been terminated.


Submitted by Matt on Mon, 09/09/2013 - 13:33

Matt

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I think I'm not going to do anything! They've gotten more than enough from me and they never ever call or harass me so even if I don't get a pif it's pif in my mind!


Submitted by Mitch on Wed, 09/11/2013 - 11:17

Mitch

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