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Cash Central

Date: Mon, 10/19/2009 - 19:01

Submitted by klnelson1964
on Mon, 10/19/2009 - 19:01

Posts: 53 Credits: [Donate]

Total Replies: 6


I am in Minnesota and know from what I have read that Cash Central is legal. I defaulted on a payday loan last January.

Through a debt management program I have been making payments. I have disputed through the AG office and got a response from them. They are saying that I still owe them $795. Which is the original loan amount. They are not reporting the $125 in payments I have made through the debt management plan, which I have cancelled checks as proof. They want $175 a month to pay off (not happening).

They never sent me anything in writing whatsoever, no list of payments, history nothing.

Do I do a DV to at least get that. They state they follow all debt collection practices.

Any ideas on what I should do now. I do not have the money to pay them at $175.00 a month. Do I stick to the debt management plan.


I just relooked at my bank statement for Cash Central and I borrowed 600 fee was 150 for a total of 750. I paid $275 on 2/6 $150 on 2/20 and another $125 to debt management. The combined total leaves me only owing Cash Central $200.00.

Do you think with the documentation and a response from the AG they will agree with that?


lrhall41

Submitted by klnelson1964 on Mon, 10/19/2009 - 19:54

( Posts: 53 | Credits: )


Cash Central is a legal online payday lender. You need to call them and set up an EPP they were fairly easy to work with when I dealt with them. Once the plan is set up all interest will stop. I would deal with them separate from your DM program especially if Cash Central did not agree to participate. JMO


lrhall41

Submitted by kfstaff24 on Tue, 10/20/2009 - 13:14

( Posts: 1448 | Credits: )