Quickest Cash Advance - MTE Financial

Send a debt validation letter to the second collection agency. All collection agency threaten to take a debtor to the court. It is a age old practice of the collection agencies.

Also check whether the concerned pdl is licenced in your state to lend. Which state do you live in?

Mid-America Credit Bureau has an unsatisfactory rating in the BBB and is licensed to collect only in KS.

No the PDL is not licensed in the state of Ohio. After reading the state law it appears that I am only morally obligated to pay the principal ---- but quickest cash advance doesn't want to talk to you --- they send you to the collection agency.

So ---- should I send a debt validation letter to Mid-America the 1st collection agency?

yes you should.send the letter certified mail return receipt.include a limited cease and desist letter too.state that you only will communicate via usps.note that all future calls will be recorded.

Have you received anything in writing from either of these CA's yet? They can't file a valid suit against you in a court of law until they send you a dunning letter. The next time they call, remind them they are obligated by law to send you a dunning letter within 5 days of initial contact, and until you receive that letter you can only assume this is a factitious call. If and when you receive that dunning letter, you will have 30 days to dispute it, at that time you can send them a debt validation letter.

Mid-America Sent a collection letter --- I would have to go to my car and pull it out to see exactly what it says. I know it has quickest cash advance listed on it which is an internet PDL and I know that it is not licensed to lend monies in Ohio. It states a balance.

What is a Dunning letter?

Also --- I have never received anything in the mail from the 2nd collection agency --- but they continue to call.

A dunning letter must have the following information:
They must inform you of your rights under the FDCP.
They must state in the letter they are attempting to collect a debt. And they must give you at least 30 days to dispute the debt, at which time you should send a debt validation letter, CLICK HERE for a sample validation letter. Hope this explains it.

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Well --- no I never received a dunning letter. I am going to send a C&D letter to them and have them validate the account. I know I have paid $100 toward the $300 principal balance to Mid-America --- but I have another collection agency calling too and have yet to receive any paperwork by mail from them. I'm going to call the 2nd agency and get an address for them and also ask for validation.

At this point I do not even want to pay the balance because I am so frustrated over it.

I did receive a letter from the Ohio AG that they were looking into my complaint with quickest cash advance. So I guess that is good. I feel like filing complaints with all the other ones too.

Any other suggestions for this situation?

Do collection agencies have to be licensed in the state of Ohio to collect?

Do collection agencies have to be licensed in the state of Ohio to collect?

i would keep doing what everyone else advised.however we do advocate paying back what you borrowed,but if quickest cash doesn't want the 200.00 you owe them.that's just too bad for them.make the effort to pay the 200.00.if the CA'S don't want to work with you that's there loss.

I understand that I should pay the whole $300.00 back. The collection agency is saying I need to pay $510.00 of course that includes interest from quickest cash advance. When I pay the final $200.00 should I send the letter stating that I am only obligated to pay the principal amount?

I feel they should also pay the 2 stopy payment fees I had to put on payments that I had set-up with Mid-America. I put the stop payments on because I had the 2nd collection agency calling me too.

i said we do advocate paying the amount borrowed,but do not send any payment until they agree in writing.you could send the 200.00 and this CA can turn around and say you still owe the 310.00.do not send any money until it is agreed to in writing.

I agree with Paul. This PDL company is highly ILLEGAL! All they get is what was deposited into your bank account period! Contact with them via internet or USPS. Lock them in into a written agreement then pay them off. It is up to you to pay them or not, but we do suggest doing the right thing on this forum and doing what is morally right. Good Luck in your decision.

Well -- now I am confused on who i should be dealing with: the collection agency or Quickest Cash Advance?

The loan from Quickest Cash Advance was for $300.00 --- I have paid the collection agency (Mid-America Credit Bureau - Kansas) $100. The balance is $200.00 of the principal that is owed.

Thanks

What you should know is a Legit collection agency cannot collect on a Illegal debt. Quickest Cash Advance is Illegal. I let them know they are collecting on an ILLEGAL debt and tell them all you are paying is what you borrowed period.So if you paid $100 on a $300 dollar loan, all they get is $200 bucks more period!! :twisted:

i never asked this until now,but how much was debited beforeyou defaulted.keep in mind that this pdl is illegal.so every debit goes toward the loan.example:you have a 300.00 loan,they take two debits of 90.00 that 180.00 goes toward the loan.the pdl will try to say different,but they are wrong.if this pdl did debit anything before defaulting take that off the principle.if nothing was truly debited then you owe 200.00.i wouldn't give anymore without an agreement in writing.

Good question :)

So far on a $300 loan there has been $100 paid to the collection agency Mid-America Credit Bureau ---- Quickest Cash Advance has not debited for anything. Didn't have a chance to because I closed my account when I got into trouble with the PDLs.

I am going to send a debt revalidation letter.

okay,just wanted a clear idea.do not send anymore money without a written agreement that states you pay only 200.00
more then it is PIF.i personally would accept nothing less.

Thanks --- I will do just that. The 2nd collection agency is still continuing to call. This is ridiculous.

Back again over Quickest Cash Advance. Yet another company has called and said that I am going to be served papers in a CIVIL SUIT. I have yet to receive anything by mail from this new company who didn't even tell me their name when I returned the phone call.

Here is what they sent me via email:

settle letter‏
From: tedwards@payiag.com You may not know this sender.Mark as safe|Mark as junkSent:Mon 3/22/10 10:53 AMTo: [email]callosdspeigle@hotmail.com[/email]
[COLOR=#000000]

03/22/2010

DENISE SPEIGLE
143 BOARDMAN CANFIELD RD #125
Youngstown , OH 44512


RE: Quickest-Cash-Advance.com
Case No.: 147435
Original Account No.: 13125
Amount Owed: $1,439.82
Amount Offered to Settle 929.36
Dear DENISE SPEIGLE:
Pursuant to your request, this letter will serve as official notification that this office is authorized to accept the sum of $929.36 as compromise in full on the outstanding balance.
This shall be paid as follows: $929.36 within ten days of the date of this letter.
Upon satisfactory receipt of all payments this account will be considered PAID IN FULL.
REFINANCING IS AVAILABLE!!! CALL TODAY TO APPLY AND REFINANCE YOUR LOAN AND FIX YOUR CREDIT!!!
Please call 1.877.260.3025 to make arrangements, or you may also pay your bill on line by visiting us at www.payiag.com.

Sincerely,
Tom Edwards ext 304
Accounts Manager
please send a response upon receipt of this email


As you can see ----- still no Company Name or address ----- called my place of employment ---- sent over a verification where I work --- I know I sent C&D letters, etc. to original company and other 2 collection companies.

Any Suggestions!!!?????

Thanks for your quick response!

SeeinRed23
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[QUOTE=Anonymous;670161]Back again over Quickest Cash Advance. Yet another company has called and said that I am going to be served papers in a CIVIL SUIT. I have yet to receive anything by mail from this new company who didn't even tell me their name when I returned the phone call.

Here is what they sent me via email:

settle letter???
From: tedwards@payiag.com You may not know this sender.Mark as safe|Mark as junkSent:Mon 3/22/10 10:53 AMTo: [EMAIL="callosdspeigle@hotmail.com"]callosdspeigle@hotmail.com[/EMAIL]


03/22/2010

DENISE SPEIGLE
143 BOARDMAN CANFIELD RD #125
Youngstown , OH 44512


RE: Quickest-Cash-Advance.com
Case No.: 147435
Original Account No.: 13125
Amount Owed: $1,439.82
Amount Offered to Settle 929.36
Dear DENISE SPEIGLE:
Pursuant to your request, this letter will serve as official notification that this office is authorized to accept the sum of $929.36 as compromise in full on the outstanding balance.
This shall be paid as follows: $929.36 within ten days of the date of this letter.
Upon satisfactory receipt of all payments this account will be considered PAID IN FULL.
REFINANCING IS AVAILABLE!!! CALL TODAY TO APPLY AND REFINANCE YOUR LOAN AND FIX YOUR CREDIT!!!
Please call 1.877.260.3025 to make arrangements, or you may also pay your bill on line by visiting us at www.payiag.com.

Sincerely,
Tom Edwards ext 304
Accounts Manager
please send a response upon receipt of this email


As you can see ----- still no Company Name or address ----- called my place of employment ---- sent over a verification where I work --- I know I sent C&D letters, etc. to original company and other 2 collection companies.

Any Suggestions!!!?????

Thanks for your quick response!

SeeinRed23
[/QUOTE]

if you have not filed AG complaints do so,and forward this as part of it.also give your employer a WAGE ASSIGNMENT REVOCATION letter.i would respond that since this is an illegal pdl you will only pay 200.00 which is what you legally owe.i would also craft a DV letter to send to this collector whoever they are.you can email and put a receipt on it.just know that whoever this is can't garnish without a court order.

I thought that this is the route I needed to go......which my employer has a copy of assignment revocation letter that was to BIG, MTE Financial Quickest Cash Advance.....so i need to do another to these guys?

They still say I owe $300 on the original loan ---- which obviously is incorrect by my previous posts.

The first call I got was from one number never stating who they were just that I will be served court papers if I do not respond to yet another phone number with a file # and when I asked who the suit was from --- he says he can't answer that because the file is sealed.

Called the number he gave me and it just sounds bogus! They said I owe $3,000.00 whatever if I don't pay.

When I asked them if they had sent me anything stating that they were collecting on this they said they didn't have to unless it was requested.

This Quickest-Cash_Advance is still illegal to loan to people in Ohio correct?

yes they are illegal to operate everywhere.just know that they are kying through their false teeth.if there is a complaint they have to give the info.file the complaints,and let your employer know that this place is collecting for MTE,and wage assignments are not transferable.meaning your original revocation applies to this place as well.

This site is the best.........the things these companies will do to collect on things they shouldn't be.

This company is called International Asset Group LLC.

Here we go again........sent this IAG LLC company who is collecting for Quickest-Cash-Advance.com and MTE Financial a Debt Validation Letter and also a letter stating the Ohio State Laws, revocation of an wage attachments and to cease communication to myself and any third parties they have listed.

This is the response I got via email:

validation letter‏
From: tedwards@payiag.com You may not know this sender.Mark as safe|Mark as junkSent:Tue 3/23/10 11:46 AMTo: [email]callosdspeigle@hotmail.com[/email]
[COLOR=#000000]PLEASE RESPOND PROMPTLY

Notice Date: 03/23/2010
Payment Due Date: (Focus 1 field)

DENISE SPEIGLE
143 BOARDMAN CANFIELD RD #125
Youngstown , OH 44512

RE: Quickest-Cash-Advance.com
ACCT#: 13125
Amount due: $ 1,439.00

Dear DENISE SPEIGLE

Your account is over 90 Days past due. The following actions may be taken against you:
? A Summons will be filed according to your States Bad Check Laws.
? The cost of Collection Agency Commission Fee (22% of the Amount Due) will be added to your account.
? The debt information may be listed on your consumer credit report and or Chex Systems.
? Civil Judgment may be executed against your wages, real property or other personal assets.

NOTICE TO JUDGEMENT DEBTOR: In the event your money or property is taken or held to satisfy judgment, read the following carefully:

YOU MAY APPLY ANY FROZEN CASH TO YOUR JUDGEMENT.
If your bank accounts have already been frozen, please contact the person sending you this letter promptly because the money may be applied to your judgment.

To make arrangements by phone, please call 1-877-260-3025 and ask to speak with someone in the outsourced legal department. You may also make a payment at www.payiag.com.

--Unless you notify this office within 30 days after receiving this notice that you dispute the validity of this debt or any portion thereof, this office will assume this debt is valid.

--This communication is from a debt collector. This is an attempt to collect a debt, and any information obtained will be used for that purpose.




Tom Edwards ext 304



PLEASE INCLUDE ACCOUNT NUMBER ON YOUR MONEY ORDER


What the heck kind of response it that? It doesn't validate anything.

Help?


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Is this guy serious? How is this in any way a validation of debt letter?

Can somebody help me with this latest email that IAG LLC has sent me?

that is in no way validation.typical of them.re-send your DV letter with a little added part stating that was no validation.file follow up AG complaints and include that e-mail as part of it.do not get discouraged.this is all in their playbook.nothing has changed.both parties are illegal,and should be treated as such.also that is their form letter/document.i had to calm down someone else who got that but with their name.a total BS email meant to try and scare you.don't fall for it.

Thanks so much ----- you get these things and just need a little reassurance that your are still right.

My debt validation letter is about 2 pages...... and nothing that was listed to verify the debt was in that email they sent me. I have never received anything in the mail either from them.

They did send a verification of employment for me to sign to my boss........which he discarded. Should there be something else we should do with that? I did send a letter revoking any wage garnishments, etc....contact with myself by phone and any third parties for me that were references which I know they contacted and mailed them. Totally wrong. Threatened me with serving papers at work too. I know it is all illegal, I will file yet AGAIN with the attorney general's office.

This is a wonderful forum for all sorts of financial issues.

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Well ---- this IAG collection agency just called my cell phone again......after sending the C&D letter and debt validation letter......UUUUGGGHHHH

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Yes I am filing complaints AGAIN --- with AG and FTC. Will it really help to change my cell number?

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Guys i have the same problems with iag company he is tell ing me that for a 500 dolalr i have to pay 1500 this loan is from 12 08 can anyone tell me if you call the payday lona company they still accept payment or i have to go trhur the collection agency ? What can i do ... I ask for a deb validation lleter they send me the samething of one of you post here... Is this a valjdation of deb?? A lleter from the collection agency ?

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I'm having the same issue with these guys. A Mr. Thomas Edwards, called me at work stating that I will be served papers at my home and if not available at my place of employment. When I called the number and spoke to him he claimed that I owed over $2,000 on $400 loan that I paid $590. The pdl company was Cash Yes, back in December I filed a complaint with my AG office as well as the BB and FTC against Cash Yes. I also sent them a cease and desist letter. Thomas Edwards said when dealing with these company they fail to abide the such letters. Can he really serve me papers at my job? I did file another BBB and FTC complaint, this time against IAG and stated in each complaint that Cash Yes was notified to cease and desist. I also sent a follow up to my AG office.