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3rd party collections and 500fastcash

Date: Mon, 04/06/2009 - 09:01

Submitted by anonymous
on Mon, 04/06/2009 - 09:01

Posts: 202330 Credits: [Donate]

Total Replies: 7


has anyone had 500fastcash sell there account to a 3rd party collections.


since 500fast cash is part of MTE,or MNE as some have called it.they are totally illegal.if you paid the principle borrowed in there illegal fees.then you owe nothing and i suggest filing complaints with your state AG.if they sold it to a 3rd party.then that's too bad for them.this is an illegal debt that you probably don't owe.can you come up with a phone#from your caller id?that would help.


lrhall41

Submitted by paulmergel on Mon, 04/06/2009 - 10:02

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I have paid more then the original balance and closed my checking account so they couldnt take anymore. It has been almost 3 years since all of this has happend now they have started calling i have filed complaints with AG, BBB, and FTC.

The last conversation i have had is that they are trying to sell my account to a 3rd party. I was trying to find out if 500fastcash has been able to sell there accounts to a 3rd party given all of the legal problems.


lrhall41

Submitted by on Mon, 04/06/2009 - 10:36

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well being illegal they might try to sell the debt,but whoever buys it is out of luck.usually a d/b/a like 500fastcash will try to bully and lie toget you to pay more.i would file the complaints and demand a refund.


lrhall41

Submitted by paulmergel on Mon, 04/06/2009 - 14:28

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on an illegal loan there is no SOL.it is an illegal debt therefore you only owe the principle borrowed.there is n SOL for illegal pdl's.


lrhall41

Submitted by paulmergel on Mon, 04/06/2009 - 18:46

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