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Stellar Recovery

Date: Fri, 03/01/2013 - 18:35

Submitted by ashemson
on Fri, 03/01/2013 - 18:35

Posts: 38 Credits: [Donate]

Total Replies: 3


I had an installment loan with Zest Cash which I now know was illegal tribal loan when it changed to Spot Loan and I overpaid. I received a letter from Stellar Recovery wanting me to pay the balance. Just wondering if anyone knows anything about this company.


I guess what worries me is that the letter says its regarding Zest cash which was at one time legal. But when they changed to Spot Loan they are tribal. I just want to make sure what im doing is correct. Thanks!


lrhall41

Submitted by ashemson on Sat, 03/02/2013 - 07:41

( Posts: 38 | Credits: )


You do not need to know anything about this company. Send them the following, certified mail, return receipt requested.

Dear Stellar Recovery
I hereby demand you cease and desist any and all contact with me and anyone assoicated with me in regards to account number __________________. You are collecting on an unlicensed, tribal payday loan...the loan in is illegal in my state and thus the paper you are collecting on is null and void.

Govern yourself accordingly...

Educated consumer


lrhall41

Submitted by SOAPLADY on Sat, 03/02/2013 - 04:43

( Posts: 17315 | Credits: )


I too received a letter from them. The original creditor is ZestCash and current is Crown Asset Management. I paid the priNcipal of $400.00 and they want $631.36 or settlement of $505.09.
I live in Idaho. I don't know what to do.


lrhall41

Submitted by anonymous on Sat, 03/02/2013 - 14:47

( Posts: 202330 | Credits: )