Problem with loan
Date: Wed, 06/16/2010 - 15:30
By the way, under Section 808 Unfair Practices of the Fair Debt
By the way, under Section 808 Unfair Practices of the Fair Debt Collection Practices Act under the Consumer Credit Protection Act, federal law prohibits a debt collector from collecting any amount (including any interest, fees, charge, or expense incidental to the principal obligation) unless such amount is expressly authorized by the agreement creating the debt or permitted by law.
If a debt collection agency owns your account, and you did not expressly enter an agreement to pay interest and fees to that collection agency, than they cannot charge you anymore than what the already existing balance is.
Quote:Originally Posted by ShazzersWhat state are you in? I li
Quote:
Originally Posted by Shazzers What state are you in? |
I live in Missouri
What does NAS stand for? You need to file a complaint against t
What does NAS stand for?
You need to file a complaint against them with the FTC, BBB and your attorney general's office, you can easily do this online, then, if they call again, tell them you have done so. You are entitled to a refund.
4money and more aren't even licensed in your state, see the link
4money and more aren't even licensed in your state, see the link below:
http://finance.mo.gov/licenseesearch/index.php?formPost=1&xpt=0&license_num=&name=4money+and+more&city=&zip=&type_code=&B1=Submit
As I said, you are entitled to a HUGE refund, but first you need to file those complaints against 4money and more, and NAS, we need to find out what NAS stands for so we can locate more information about them, this way when you file your complaints you can provide more details to the FTC, BBB and your attorney general's office. This is a travesty, and it angers me to no end, I would like to see them give you the refund for which you are entitled. I can't promise you that will happen, but it's worth pursuing.
CLICK HERE to find out how to deal with illegal lenders.
CLICK HERE to find out how to deal with illegal lenders.
Quote:Originally Posted by Shazzers4money and more aren't even l
Quote:
Originally Posted by Shazzers 4money and more aren't even licensed in your state, see the link below: http://finance.mo.gov/licenseesearch/index.php?formPost=1&xpt=0&license_num=&name=4money+and+more&city=&zip=&type_code=&B1=Submit As I said, you are entitled to a HUGE refund, but first you need to file those complaints against 4money and more, and NAS, we need to find out what NAS stands for so we can locate more information about them, this way when you file your complaints you can provide more details to the FTC, BBB and your attorney general's office. This is a travesty, and it angers me to no end, I would like to see them give you the refund for which you are entitled. I can't promise you that will happen, but it's worth pursuing. |
Thank you I will do so, I do not want to go to jail or lose my job because of their threats.
Quote:Originally Posted by AnonymousThank you I will do so, I do
Quote:
Originally Posted by Anonymous Thank you I will do so, I do not want to go to jail or lose my job because of their threats. |
You can't go to jail for owing a debt. Just explain to your employer that you are being scammed, but doing your best to revolve it, remember, you are the victim here, you can't control the phone calls, and your employer has to understand that but only if you explain.