So greatful I have found this site! It has helped me start to get my life back on track without payday loans!!
I have followed the advise, and written letters, and so far so good. I wrote a letter to Target Cash Now (the only vendor where I have overpaid) and received a response, and I'm not sure what I should do from here.
Lender Name: Targetcashnow
How you obtained the loan: Internet
What state you live in: New Jersey
Total deposited $540
Total Debited $700
I sent a letter as suggested by this forum. Here was their response:
Hello Angela ,
We are in receipt of your letter dated June 25th, 2014 regarding your account and have reviewed your concerns carefully in an attempt to resolve this matter. As clearly indicated in its website disclaimers and the loan documents executed by you, Target Finance, LLC (the “Company”) is a wholly owned and operated entity of the Fort Belknap Indian Community (the “Tribe”) that is located on the Fort Belknap Reservation of Montana (the “Reservation”). We are a federally recognized tribal entity and therefore, the activities of Target Finance, LLC. are not subject to licensing by any state and are immune from any state investigation or enforcement actions.
Per your request all ACH activity has been stopped. However, there is still a balance owed on your account.This loan was extended to you in good faith and in accordance with the terms and conditions agreed to in your signed contract. All terms, fees and conditions are clearly stated in your loan application and acknowledged by your execution thereof.
At the present time, your account shows you have an outstanding balance of $487.50 , and have not made any payments to your principal or renewal fee.
Please forward the remaining outstanding balance of $487.50 by cashiers or certified check to our address below within seven (7) business days:
Target Finance, LLC
PO Box 581
Hays, MT 59527
If you do not have the funds available, please contact customer service at 877-334-9416 and we will work with you on setting up a payment plan to pay off the balance due. Unfortunately, if we do not receive your remaining principal payment or a follow up call from you by the end of the 7 days we will be forced to resume normal collections.
We hope that we have answered your concern, but we would be happy to talk with you should you have further questions.
This is an attempt to collect a debt and any information obtained will be used for that purpose.
Target Finance, LLC dba Target Cash Now
I am not sure how to respond? I honestly don't care about the refund, I just want to be done with the company.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.