Cash Call and Think Cash

I currently have installment loans with both of these companies. I'm current on each, and this is my second loan with Cashcall ( I know...I'm a dummy. One high-interest loan with them should have been enough to teach me a lesson.... ).

I haven't defaulted with either of them before ( altho sometimes I think I am headed down that road ) so I'm not quite sure what kind of advice I can give. However, we have lots of forum members here that have had dealings with Cashcall at least, and they can probably provide you some information. Based on what I have read from their experiences, the only thing I can tell you is to be wary and careful when dealing with Cashcall, as they are known for sueing over unpaid debts, and they are extremely difficult when it comes to working with settlement and consolidation companies.

Hang tight, I'm sure someone else will be along to help you soon. Good luck!

I have loans with both. I agree that you should do as much as you can to stay current on your cash call loan. They are HORRIBLE and worst of all LEGAL. They are very difficult to talk to - even to get a small extension if you've done it more than once. I've never gone beyond 30 days (come close), and I would strongly advise not going beyond 30 days.

I talked to a manager at Think Cash and they said they don't turn you over to outside collections unless you don't make a SINGLE payment for 90 days. I wouldn't advise doing that, but I think it's safe to say that if it comes down to Think Cash vs. Cash Call, pay Cash Call first. Cash Call is NASTY and LEGAL. Think Cash is also LEGAL. Pay them off and then never loan with them again. :D Think Cash assured me that I would not be called at work and so did Cash Call. I asked them both to notate on my account to never call me at work under ANY circumstances. Now, I don't really want to test them on that, but I have a feeling Think Cash is going to be much more willing to work with you than Cash Call. Actually - I'm VERY SURE of that after talking to both companies on multiple occasions. Again, with Cash Call, don't go beyond thirty days. If you have to, send a moneygram if it gets down to the end of the month. My understanding is that if you cross that 30 day line, things get very, very UGLY and you step into a much, much deeper part of the pool (and there' no going back to the shallow water). Don't go there and you should be fine. But of course, don't get evicted becasue of a cash call payment. Always pay for shelter first over anything.

The nice thing about Thinkcash over Cashcall is that Thinkcash has really nice, easy to access 24/7 online access to your account. You just easily hit "make a payment" and voila, you can pay a little more than your monthly in order to help pay down on that balance and interest.

With Cashcall, you have to deal with calling them 3 business days ahead of time and making an arrangement to pay more than your minimum. I'm really happy that Thinkcash has made it so accessible to make an additional payment whenever you want, and/or pay more than your minimum.

I noticed that feature as well. While I haven't been able to afford to utilze it, it's good that they make it convenient for the customer and point out that they have that option. Not that they're saints or anything (anyone who charges 96% interest is NOT a saint), but I've found they are MUCH easier to work with in general, than cash call. I think it's important to note the comparison because I've noticed a lot of people on here who have loans with both of them. I like to separate my creditors into the ones who will work with you versus the truely HORRIBLE. That way, when you have to make a choice, the relatively "nicer" ones you can get extensions so you can get the evil ones off your back. Cash call defintiely does not fall into that category. :twisted: :evil: :twisted:

The problem is that both of these companies are LEGAL. They are not payday loans, and unfortunately, we've had some people come to the site thinking that they are, and that they can treat them as such. To do so is a big mistake. Because these companies are legal and backed by a bank, they have the power to follow through on the threats they make - like taking you to court for default.