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CMG Group LLC - Is it a legitimate payday loan company?

Submitted by jazzy4136 on Tue, 08/07/2007 - 06:35
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Are CMG Group LLC licensed lenders. I found a CMG group LLC address in Nevada, is this correct?

They put $300.00 in my account that I did not authorize and they have taken out $180.00.

I filed a complaint with my Attorney General in PA and also the AG in Nevada.

Does anyone have anymore info on them??


Quote:

Originally Posted by Anonymous
Does anyone know CMG Group LLC's phone number? They keep debiting money out of my account and I cannot get a hold of a live person...only an answering machine.



close your account, then you dont have to worry about it


Submitted by on Fri, 01/15/2010 - 15:49

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Quote:

Originally Posted by Anonymous
This CMG group just did the same thing to me. They deposited 300.00 into my account. I called the AG in Illinois and filed a complant. My Bank is also aware of this company.


No, they aren't licensed to lend to your state residents. CLICK HERE to find out how to deal with illegal lenders.


Submitted by Shazzers on Fri, 01/15/2010 - 16:53

Shazzers

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They got me for $350 in Nov 2009, I didn't sign a contract online or otherwise. They suck!! andThe phone #'s I had for them are: 1-866-516-9300 x203 or 1-866-516-3100. Try them both! There are so many coplaints against them, we should do a "Class Action Suit against them. Let me know what u think!!


Submitted by on Thu, 02/18/2010 - 17:04

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I came home today and found out that they deposited $200 into my account WITHOUT APPROVAL! I did not talk to anyone nor did I recieve anything by e-mail. What's up with that! Who is this company and what right do they have to just deposit and take money without authorization?


Submitted by on Fri, 03/05/2010 - 19:17

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Quote:

Originally Posted by dawnlango7
Hi Tawana,
Here is the contact info for CMG:
When did they deposit the money? If it was within the last few day's, you may be able to reverse it with your bank and have the fund's sent back.

I have a different contact number but through CMG Group LLC
That number is 1-866-516-3100


Submitted by on Wed, 03/10/2010 - 11:26

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I am looking for the CMG, LLC company that I got a $100 loan from in August 2009. They have been taking out $30 a week since then. I have no way of contacting that company to get all this to stop. I even tried to let it go back to them a NSF. They then took out $30 4 times the next week without even an email from them. I went to my state representative & they gave me this site address. Does anyone know how I make contact with this company???? I would GREATLY appreciate it!!!!


Submitted by on Thu, 03/11/2010 - 09:12

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I also received a 200.00 loan that I did not authorize. Being Christmastime, I did not dispute it and figured I would pay it back. They began taking 60.00 out of my account every two weeks, which I did not mind until I realized they had taken enough out to pay the loan back 2 1/2 times! I could not get an answer whenever I called the phone number or email address that I found for them on the internet. I went to my bank and I had to close my checking account in order to stop the drafts. I, too, never received any documents stating the terms of the loan. I read another woman's email that she had also received a 200.00 loan and they have been taking money out of her account for over 2 years! Please be careful, everyone.


Submitted by on Thu, 03/11/2010 - 11:43

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I also received a 200.00 loan that I did not authorize. Being Christmastime, I did not dispute it and figured I would pay it back. They began taking 60.00 out of my account every two weeks, which I did not mind until I realized they had taken enough out to pay the loan back 2 1/2 times! I could not get an answer whenever I called the phone number or email address that I found for them on the internet. I went to my bank and I had to close my checking account in order to stop the drafts. I, too, never received any documents stating the terms of the loan. I read another woman's email that she had also received a 200.00 loan and they have been taking money out of her account for over 2 years! Please be careful, everyone.

[URL="http://www.debtconsolidationcare.com/forums/newreply.php?do=newreply&p=665806"][/URL]


Submitted by on Thu, 03/11/2010 - 11:45

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WARNING!! Do not go to CMG payday loan site, once you click onton the site and put your valuable info in they assume that you are okaying for their services and when you want to back out of the request its too late!!! They are nothing but scammers.Think long and hard about what you are getting yourself into. I can tell you that for the last week I have not been able to sleep well knowing that CMG ripped me off! I am praying the the Attorney General will be able to give me peace of mind and my privacy back


Submitted by on Sun, 03/14/2010 - 15:24

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exactly i took out a loan from yellowdale.com and wound up with an extra four hundred dollars in my account from two diffrent places one called packmgmt and the other cmg group llc i dont know how to contact either one of these and would to know what to do about it


Submitted by on Mon, 04/05/2010 - 14:26

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Hi ntammy,

CMG Group LLC is often accused of depositing money into your bank accounts without your formal approval. They deposit extra loan funds into your account and then charge you outrageous fees. Do not accept this extra $400, unless you really need it. Contact your bank and have the money sent back to those who sent this to you without your permission.


Submitted by Good Nelly on Fri, 04/30/2010 - 22:52

Good Nelly

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i also did not give any approval and do not have an actual bank account. it is a pay card and have just now been able to log in and see my transaction history. its too late to send the money back. until this point i had no idea why my account was so out of whack. so far it says ive made 2 payments of $45. apparently they had deposited $150. does this mean i only owe $70? i dont know what to do since this isnt a regular banking account that i can just close. this is how i get paid.


Submitted by on Fri, 05/14/2010 - 04:23

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Quote:

Originally Posted by Anonymous
i also did not give any approval and do not have an actual bank account. it is a pay card and have just now been able to log in and see my transaction history. its too late to send the money back. until this point i had no idea why my account was so out of whack. so far it says ive made 2 payments of $45. apparently they had deposited $150. does this mean i only owe $70? i dont know what to do since this isnt a regular banking account that i can just close. this is how i get paid.

Ask your financcial institution if you can have the account number changed due to illegal activity on your account, also revoke the lenders ach's and inform the bank you have done so, your account will never be safe again so it would be in your best interest to have the account number changed.


Submitted by Shazzers on Fri, 05/14/2010 - 05:12

Shazzers

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I took out a pdl yesterday with another company who actually called me and sent me paperwork and everything. the money was deposited in my account and now I also find CMG deposited another $200 in my account as well. I have not gotten any paper work or phone call from them for me to authorized this. What should I do? I sent an email to them requesting a loan agreement paperwork but have heard nothing so far.


Submitted by on Tue, 05/18/2010 - 07:09

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I applied for a loan advance from another company and when I recieved the funds from that company. I noticed I recieved an additional $200.00 from this company. I kept the money but when I tried to locate a telephone number to pay it off. The phone number given wasn't working so I came to this site for another phone number to contack them with. I don't like companies that go into your account without you approval.


Submitted by on Tue, 05/18/2010 - 11:23

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Hi Tamtam,
People often complain that CMG deposits money into their bank accounts without prior authorization. They do not provide any paperwork or agreement for the loan amount they deposit into the accounts. When you try to get in touch with them to pay off the loan, you cannot get hold of them. I think it is worth your while to have the funds to returned to CMG, otherwise an unauthorized loan amount of $200 may cause you to lose much more. Contact your bank, tell them you do not authorize the deposit by CMG and have it returned back to the payday loan company.

Hi Garner,
It's a common complaint against CMG that they deposit money into your account without your permission and when you try to pay them off, you cannot get hold of them. It'd have been better if you had the money returned back to them immediately after they deposited it into your account.

The phone number for CMG Group is 866-516-9300. A guest in this forum has also provided another phone number for CMG. It is 1-866-516-3100. You can try these numbers and see if you can get it touch with the payday loan company.

CMG has your bank account details with them. So, you should be careful because they are known to withdraw money from customers' accounts without any authorization. Thus, you'd be better off to close the account and open a new one to safeguard your savings.


Submitted by Good Nelly on Thu, 05/20/2010 - 22:12

Good Nelly

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Quote:

Originally Posted by Anonymous
I took out $200 CMG Group loans from CMG in January. I never got anything in writing stating how much they would be taking out or for how long. They ended up taking $60 out of my account 6 times. I finally had to go to my bank and stop the withdrawals. Then they started calling me at work, leaving messages for "me or my attorney" to call them back. The caller always had a gruff voice, like they were trying to intiidate me. Finally they turned me over to National Credit Adjusters. They are just as bad. They still call me every day, and at one point they were even calling my friend. I must have listed her as a reference. They told her I had written a bad check to someone. I still have never gotten anything in writing.
I filed a complaint on CMG with the Iowa Attorney General's Office and also the FTC. National Credit Adjusters reported me to the credit bureau saying I owed $320. So that means they think I am going to pay back $680 for a $200 loan. Seems a little steep to me. It is illegal to charge that much interest.
Go to your attorney generals website and file a complaint. I know the guy from my AG's office was working on it because he left me a message at work.
Doesn't this just make you want to scream!!


they did that to me and i just had to close my account out. the bank tok my whole pay last week to get me out of the red. and now out of no where theier lawyer is suing me. inever heard from them and never spoke to them either. they depostied the money in to my account twice. and now i woe them 350 but the lawyer told emt aht if i don't pat it that the law site will go thru and that i should get a lawyer..


Submitted by on Tue, 05/25/2010 - 04:51

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Quote:

Originally Posted by Anonymous
i took a loan last year and paid it back over what i owed,now today a year later i got something from a collection compnay saying if i dont pay cmg group llc $320 they are gonna take leagal actions to get the money.....it was a while ago i forgot i even got the loan and i paid them back....this compnay is a big pain in the a$$

tjhat's what thier doing now. i have lawyer now calling me and telling me that thier taking legal action casue id in't pay my loan back. well i never got anoy notice about how much i owed or any documentaion of what the loan was about or an agreenemt


Submitted by on Tue, 05/25/2010 - 21:29

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Quote:

Originally Posted by Anonymous
they did that to me and i just had to close my account out. the bank tok my whole pay last week to get me out of the red. and now out of no where theier lawyer is suing me. inever heard from them and never spoke to them either. they depostied the money in to my account twice. and now i woe them 350 but the lawyer told emt aht if i don't pat it that the law site will go thru and that i should get a lawyer..

yeah and they sent me tot he same people national credit adjusters. and if i don't pay the 350 thier going to charge 850 that i ahve to pay back. that's a rip off and you can't pay that ,uch back


Submitted by on Tue, 05/25/2010 - 21:32

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Quote:

Originally Posted by Anonymous
yeah and they sent me tot he same people national credit adjusters. and if i don't pay the 350 thier going to charge 850 that i ahve to pay back. that's a rip off and you can't pay that ,uch back


to the two guests above me.the threats of a lawsuit are just that threats.this is an illegal lender that wouldn't have a prayer in court.file AG,and FTC complaints against CMG and then hang up on the loser who keeps calling and saying they will file suit.they are not a lawyer,or an investigator,or a fedral agent.they have to break the law hand over fist to try and keep getting money you don't owe.again,file the complaints,and a police report for the harrasment.then hang up on the loser as that is the least they deserve.


Submitted by paulmergel on Wed, 05/26/2010 - 05:19

paulmergel

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Contact 1-866-516-9300. They are customer service for CMG Group. It's hard to get a hold of them, but leave a message or check your emails from sol marketing.
Anyhow, I was advise from my bank to dispute the charge and they will reverse the charges from where it came from.
After review other similar situations, I would recommend to close your bank account as well. I know its a hassle, but it's more of a hassle if they start withdrawing money from your account.

Hope this helps.
Patty


Submitted by on Mon, 06/07/2010 - 07:24

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this also happened to me and like everyone else i too gave my banking info becuase you just dont know how much they qualify you for until you enter the info in... so once i did that i got several calls from their reps trying to get me to approve the loan status and once i found out the finance charge of $90 for a $300 dollar loan i then did not approve it... several day went by and i check my account and it was already diposited into my checking account...I then contact them and advise them that i didnt aprove of the funds being deposited into my account...now i'm getting calls from somebody representing them in New York talking as if 300 turned into 610 and they are trying to garnish my checks...these people call me at all times of morning i tried to advise them that they are in violation of the FDCPA...I've recieved calls from then starting at 7:30 am ( arizona time) and last call at 7:52am...


Submitted by on Tue, 07/20/2010 - 09:08

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i applied for a loan was denied an they keep taking money from my account thats not authorized an i never received any loan at all


Submitted by on Sat, 08/07/2010 - 15:19

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Quote:

Originally Posted by Anonymous
i applied for a loan was denied an they keep taking money from my account thats not authorized an i never received any loan at all

Dispute it with your bank, you need to go in and speak to the branch manager (no one else will do), explain what happened and ask that place an ACH block on your account per the EFTA law.


Submitted by Shazzers on Sat, 08/07/2010 - 19:13

Shazzers

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well i'm not yet sure how they were able to give me $300 without my say so but i did contact the on the phone and unless you pay the whole loan off they charge you a finance charge every two weeks until you do. bare in mind when you do pay it off, you pay the loan and the finance charge in one shot. the phone number is 1-866-516-9300.


Submitted by on Thu, 08/19/2010 - 08:28

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Recently got a 'donation' in my bank account from this company, and after calling them, they had told me the loan contract I never asked for was canceled and the money would be withdrawn. It was not. I'm going to call every day to force them to take the money back, has anyone had success with that? My bank told me to file a claim, which I did, though I fear that it's going to go nowhere and i'll have these people following me despite catching them in their act early.


Submitted by on Tue, 09/21/2010 - 18:09

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Quote:

Originally Posted by Anonymous
Recently got a 'donation' in my bank account from this company, and after calling them, they had told me the loan contract I never asked for was canceled and the money would be withdrawn. It was not. I'm going to call every day to force them to take the money back, has anyone had success with that? My bank told me to file a claim, which I did, though I fear that it's going to go nowhere and i'll have these people following me despite catching them in their act early.


see the manager and tell them you did not authorize the deposit.they should return it no problem.again see the manager for this as only they can do it.


Submitted by paulmergel on Tue, 09/21/2010 - 19:01

paulmergel

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I'm dealing with a collection agency, FFG Associates out of Nevada, who says they're representing CMG. Their representative, "Sky" says that their client is asking them to verify my income and employment next, b\c I'm not sending payments to them (the CA), because they're representing an illegal lender. What's that about?

I sent the CA a letter stating that they're violating the FDCPA, because first of all, when they made initial contact with me back in August, i still have yet to receive a letter from them. Secondly, I stated they couldn't collect upon an illegal debt, which there is none, b\c i paid by the $300 i borrowed.


Submitted by JujuNola on Thu, 09/30/2010 - 12:15

JujuNola

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:DI wrote a complaint to the State of Wisconsin Department of Financial Institutions. I received a reply today. It is "Please be advised that today we received a letter from the attorney for CMG Group, LLC; Mr. Michael White of Katten Muchin Roseman LLP, Washington, D.C." "The letter state that CMG Group has elected to cease all lending in Wisconsin and also that is has elected to cease all collection of its open Wisconsin loan accounts."
So, I strongly advise that if you have a loan with this company to write your State's Department of Financial Institutions and file a complaint. I also suggest if you borrowed a certain amount of money that you repay the money you borrowed. As that is the right thing to do.


Submitted by on Thu, 10/14/2010 - 19:19

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Quote:

Originally Posted by Anonymous
:DI wrote a complaint to the State of Wisconsin Department of Financial Institutions. I received a reply today. It is "Please be advised that today we received a letter from the attorney for CMG Group, LLC; Mr. Michael White of Katten Muchin Roseman LLP, Washington, D.C." "The letter state that CMG Group has elected to cease all lending in Wisconsin and also that is has elected to cease all collection of its open Wisconsin loan accounts."
So, I strongly advise that if you have a loan with this company to write your State's Department of Financial Institutions and file a complaint. I also suggest if you borrowed a certain amount of money that you repay the money you borrowed. As that is the right thing to do.

THANK YOU for posting this, proof that complaints actually do help!


Submitted by Shazzers on Thu, 10/14/2010 - 20:38

Shazzers

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The address that was given to me is:
CMG LLC
suite 4 & 5 temple Bldg.
Prince williams & Main Street
Box 822
Charles Nevis
Federation of St Kitts a& Nevis
the phone number is 869-465-2521
don't bother to call because thaey are not registered there.
Call the attorney General in Ill., NY and Ga


Submitted by on Mon, 10/18/2010 - 08:50

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Like all of you, I too am dealing with this. I just called and talked to someone at CMG, 1-866-516-9300. They deposited 150.00, unapproved, into my account, and have been taking $45.00 out every pay period. So far, they have taken out $225.00 in 2.5 months. When I talked to the lady today, she informed me that the $45.00 is just a finance charge and none of it is going towards the loan. I called my bank, and they have stopped all ACH charges from CMG group. I will be pursing this in small claims court. It is illegal to charge that much for a finance charge. That is over 1300% annually. Ridiculous. I have written letters to the Attorney General in SD, and also the Dept of Fin Inst.


Submitted by on Mon, 10/18/2010 - 16:09

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I never even went on their site and they deposited $200 into my account. First of where did they get my account number. I will be closing my account before they think they are taking anything out of me. I didn't ask for it and I will not pay anything back. It is their loss.


Submitted by on Wed, 11/03/2010 - 12:25

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I had received a PDL of $150 from CMG Group, LLC. I used Check N Go online before my state made PDL's illegal, after trying for another PDL from Check N Go and getting denied, CMG put the money into my account. I received no e-mails, mail or phone calls for loan terms or authorization. Now $270 later in payments to CMG for a $150 loan, I'm closing my bank account and preventing them from getting any more money from me. I highly suggest anyone else to contact their bank and deny a CMG deposit and block them, then see about closing the account they have access too. I've tried their 800 number numerous times to get a dead line. I also suggest not using Check N Go online for a PDL because they do sell your information to 3rd party lenders, after taking your account number, which is a gateway for companies like CMG Group, LLC to cipher your account.


Submitted by on Fri, 11/12/2010 - 21:23

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We worked with signmyloan.net before a year ago..and they were awesome, so we tried to go thru them again and unfortunately they do not work with our bank any longer so we were denied. We woke up this morning and found 2 deposits from 2 different companies in our account..one from CMG for $250 which we never applied for or received any communication from much less agreed to anything and another deposit for $350 from Star cash processing..again we did not apply with them either. No paperwork or phonecalls...and after reading all of these I am scared because my husband's next payday is tomorrow..we have pending transactions so we can't close the account yet....this is a new account too, we had to close our old one because while on vaca somebody from sweden cleaned out our account for over $1000


Submitted by on Wed, 11/17/2010 - 06:56

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I did the same thing and agree with your way in handeling this. I closed my bank account before they did anything. I also emailed them expressing how they had no right to do any of this without my authorization so i do not feel the need to repay them. I told them if they had proof of my authorization or a contract I signed i'd pay them back. Yeah they definitley won't ever have proof so screw them. Also I informed my lawyer just incase they try to pull anything.


Submitted by on Fri, 12/03/2010 - 14:49

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you cant have it returned i have talked to my bank and to the company i have sent the company my bank statements 3 times now and they are still taking money outta my account..!! a lawsuit is in the mist... if any one know ne thing about a law suit against this company let me know.
Do not post your email address, it is against the TOS.
[EMAIL="saword1990@gmail.com"][/EMAIL]


Submitted by on Sat, 01/01/2011 - 11:35

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