Internet PDL Help Please...
Date: Sun, 07/05/2009 - 07:27
Good Morning,
I've been visiting this site for the past few days reading and getting tips but a situation has got me a little nervous and I wanted to share it with you and get some help. I read the thread on not being able to go to jail for a Internet PDL... but... yeah.. the thought scares me a lot. I took out an internet pdl (also, I'm in the state of MO) with cashnminutes in 2006 for $150 and my checking account was closed before the first debit was made. The account was NOT closed by myself, but I had so many NSF's that they closed the account. I contacted the company in 2006 stating I was going to open a new account but due to a long and drawn out story that did not happen. Well.... 3 years have passed and I can honestly say that I forgot about the loan. Well, they contacted one of my references this past month and told them they needed to get in contact with me for a "case against me". I immediately called the company Litigation Theft Arbitration @ 512-340-0493 and spoke to a Linda Brown.
I made payment arrangements on May 21st to start paying in June but due to an financial struggle that I'm having, I can't afford their payments right now. Also, the only payments they accept is money gram which sounds fishy to me because I have bills and they money orders, checks, and provide an mailing address. Since reading this site I read that the company I borrowed from is NOT legal in the state of MO. I have an email correspondence between Linda and myself and I wanted to know if someone can tell me can this really be done in the state of MO.
Thank you and and I appreciate all help:
Good Afternoon,
I would like to thank you for your prompt response. I am documenting everything as well and no, I am not trying an "avoidance tactic". I have read a lot of unflattering things in regards to your company and I needed to consult with an attorney to make sure all ducks are in a row before I send money via a money gram. I am aware that I took money out for a PDL through cashnminutes and never once denied that fact. I have all intentions to pay on this past debt but I want to be certain everything is in order
Dear Ms. XXXXXX,
I completely understand your apprehension. However, we will provide you with everything you need to validate the debt. And you are correct, Missouri state laws have changed a bit. However, at the time the loan was made and went collect things were different. You are also dealing with variables such as the loan was made via Internet, the company is out of Texas and was able to "import" rates, etc. There are actually too many variables to mention. Their are also factors in your loan application that change the variables such as when you took out the loan your account was closed/Frozen on the first debit, etc. You contacted CashNMinutes.com to change account information, however, never updated your new account. We are basically CashNMinutes.com last resort. They have attempted to use a collection company, it has been 2-3 years and still the debt remains unresolved. That is where we step in and for the final time try and mediate an agreement to handle this amicably before legal action and expense occur. By handling this prior to court proceedings you will save both time and money. Unfortunately, people often post blogs before legal action occurs and do not come back to update their situation once the case is filed. Due to the nature of our cases many cases are investigated for criminal action. Once the investigation is complete, we work with local law enforcement to capture perpetrators in fraud, identity theft and bank fraud cases. These criminals would of course not have an opportunity to update their blog, as they normally have bigger problems once a case is filed against them. Furthermore, we only except payment through Money Gram Express so there is record of your payment through a third party. This protects both parties and eliminates any payment discrepancy. You will make payment through a merchant account that has been approved by Money Gram, only legitimate companies can have a merchant account. This merchant account has been setup by our client and all funds are placed directly into a trust fund that only CashNMinutes.com has access to. We never touch your payment.
I hope that this email may clear up some questions that you may have. It is very important that if you wish to resolve this matter you stay in close contact with us to do so. If we cannot reach an agreement, our job is to file the case. We are not a collection company, so once you have made the decision not to take care of this, we proceed accordingly. We will not attempt to mediate a case that we do not think will be resolved outside of court. It is much easier to proceed and let the court handle it. Again, if you wish to resolve this matter, I look forward to helping you do just that. Please let me know how I can aid you in coming to agreement to do so.
Thank you,
Linda
I've been visiting this site for the past few days reading and getting tips but a situation has got me a little nervous and I wanted to share it with you and get some help. I read the thread on not being able to go to jail for a Internet PDL... but... yeah.. the thought scares me a lot. I took out an internet pdl (also, I'm in the state of MO) with cashnminutes in 2006 for $150 and my checking account was closed before the first debit was made. The account was NOT closed by myself, but I had so many NSF's that they closed the account. I contacted the company in 2006 stating I was going to open a new account but due to a long and drawn out story that did not happen. Well.... 3 years have passed and I can honestly say that I forgot about the loan. Well, they contacted one of my references this past month and told them they needed to get in contact with me for a "case against me". I immediately called the company Litigation Theft Arbitration @ 512-340-0493 and spoke to a Linda Brown.
I made payment arrangements on May 21st to start paying in June but due to an financial struggle that I'm having, I can't afford their payments right now. Also, the only payments they accept is money gram which sounds fishy to me because I have bills and they money orders, checks, and provide an mailing address. Since reading this site I read that the company I borrowed from is NOT legal in the state of MO. I have an email correspondence between Linda and myself and I wanted to know if someone can tell me can this really be done in the state of MO.
Thank you and and I appreciate all help:
Good Afternoon,
I would like to thank you for your prompt response. I am documenting everything as well and no, I am not trying an "avoidance tactic". I have read a lot of unflattering things in regards to your company and I needed to consult with an attorney to make sure all ducks are in a row before I send money via a money gram. I am aware that I took money out for a PDL through cashnminutes and never once denied that fact. I have all intentions to pay on this past debt but I want to be certain everything is in order
Dear Ms. XXXXXX,
I completely understand your apprehension. However, we will provide you with everything you need to validate the debt. And you are correct, Missouri state laws have changed a bit. However, at the time the loan was made and went collect things were different. You are also dealing with variables such as the loan was made via Internet, the company is out of Texas and was able to "import" rates, etc. There are actually too many variables to mention. Their are also factors in your loan application that change the variables such as when you took out the loan your account was closed/Frozen on the first debit, etc. You contacted CashNMinutes.com to change account information, however, never updated your new account. We are basically CashNMinutes.com last resort. They have attempted to use a collection company, it has been 2-3 years and still the debt remains unresolved. That is where we step in and for the final time try and mediate an agreement to handle this amicably before legal action and expense occur. By handling this prior to court proceedings you will save both time and money. Unfortunately, people often post blogs before legal action occurs and do not come back to update their situation once the case is filed. Due to the nature of our cases many cases are investigated for criminal action. Once the investigation is complete, we work with local law enforcement to capture perpetrators in fraud, identity theft and bank fraud cases. These criminals would of course not have an opportunity to update their blog, as they normally have bigger problems once a case is filed against them. Furthermore, we only except payment through Money Gram Express so there is record of your payment through a third party. This protects both parties and eliminates any payment discrepancy. You will make payment through a merchant account that has been approved by Money Gram, only legitimate companies can have a merchant account. This merchant account has been setup by our client and all funds are placed directly into a trust fund that only CashNMinutes.com has access to. We never touch your payment.
I hope that this email may clear up some questions that you may have. It is very important that if you wish to resolve this matter you stay in close contact with us to do so. If we cannot reach an agreement, our job is to file the case. We are not a collection company, so once you have made the decision not to take care of this, we proceed accordingly. We will not attempt to mediate a case that we do not think will be resolved outside of court. It is much easier to proceed and let the court handle it. Again, if you wish to resolve this matter, I look forward to helping you do just that. Please let me know how I can aid you in coming to agreement to do so.
Thank you,
Linda
They are a totally bogus company which chose a scary name for th
They are a totally bogus company which chose a scary name for their company "Litigation Theft Arbitration". Don't buy into their crap threats. All that you owe cashnminutes is the principal amount you borrowed to begin with. If cashnminutes is not licensed to lend to Texas residents then this company does NOT have a leg to stand on in a court of law, obviously if they did they wouldn't have waited three years to collect this debt. Your state law prevails and it doesn't make any difference what mumbo jumbo words they use to try and persuade you otherwise.
Tell them, no address, no payments. Simple as that.
Also, offer them payments with a money order via the mail, and I
Also, offer them payments with a money order via the mail, and I would tell them that is your final offer, period. That's what I would do anyway, you can do whatever you are most comfortable with. :)
Thank you so much for the quick response. I have read posts in r
Thank you so much for the quick response. I have read posts in regards to matters of this nature but just needed extra assurance.
