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500 fast cash...what does this mean?

Date: Mon, 07/12/2010 - 14:24

Submitted by ballplayersmom
on Mon, 07/12/2010 - 14:24

Posts: 365 Credits: [Donate]

Total Replies: 19


ok i sent 500 fast cash a request for a PIF I paid back 480.00 on a 400.00 loan. I went online because I havent heard anything today and their is no info on the account anymore all it says if i have questions call the commpliance dept or email [email]compliancedepartment@500fastcash.com[/email]. so what does this mean?? anyone???


[QUOTE=ballplayersmom;722417]ok i sent 500 fast cash a request for a PIF I paid back 480.00 on a 400.00 loan. I went online because I havent heard anything today and their is no info on the account anymore all it says if i have questions call the commpliance dept or email [EMAIL="compliancedepartment@500fastcash.com"]compliancedepartment@500fastcash.com[/EMAIL]. so what does this mean?? anyone???[/QUOTE]

it means your account is collections with them.they will fight you tooth and nail.this is just another move by them.send anything you were sending to the regular e-mail address to that one.just another step in your fight with them.


lrhall41

Submitted by paulmergel on Mon, 07/12/2010 - 14:32

( Posts: 15514 | Credits: )


How can I be in collections if I havent defaulted with them? Quote:

Originally Posted by paulmergel
it means your account is collections with them.they will fight you tooth and nail.this is just another move by them.send anything you were sending to the regular e-mail address to that one.just another step in your fight with them.


lrhall41

Submitted by ballplayersmom on Mon, 07/12/2010 - 14:57

( Posts: 365 | Credits: )


Quote:

Originally Posted by ballplayersmom
Now what will I happen? Will they send me an email? I really dont care about the refund just want the PIF!

You will probably receive an email from a supposed collection agency, if you do, reply to them that unless they send you a letter of collection via the mail, you can't and won't negotiate ANYthing via email. Also, read the link below which will explain how to deal with collection agencies and your rights as a debtor. You may need to use more ammunition to get your PIF, the same as the PM with the payday loan company who set you a refund.
http://www.pennlawyer.com/fdcpa.htm


lrhall41

Submitted by Shazzers on Mon, 07/12/2010 - 20:20

( Posts: 17344 | Credits: )


Quote:

Originally Posted by ballplayersmom
so basically even though I have yet to default on my account with them they have sent my account to collections? My letter was exactly like the PM pay day loan company. So I thought I did load with alot of amunition. I was feeling confident but now I am scared. I dont know what to expect.


do not feel scared.just know that everything they do from here on will be illegal,and total BS.be prepared to file AG and FTC complaints.in fact if you haven't do so.no MTE d/b/a plays by the rules at all.you do have alot of ammo,but being they are illegal,and arrogant they are not gonna give you a PIF without a fight.they are part of the biggest pdl slime group of lenders out there.bottom line they are pissed because you discovered they are not legal before they could get another 480.00 out of you,and know everything they,or one of their bottomfeeders tries to say or email will be bullsh*t.we will be here to help further.keep us posted please.


lrhall41

Submitted by paulmergel on Tue, 07/13/2010 - 04:58

( Posts: 15514 | Credits: )


Quote:

Originally Posted by ballplayersmom
so basically even though I have yet to default on my account with them they have sent my account to collections? My letter was exactly like the PM pay day loan company. So I thought I did load with alot of amunition. I was feeling confident but now I am scared. I dont know what to expect.

Don't despair. Understand that you aren't dealing with a typical loan company, these people are nothing more than criminals. Expect the unexpected, but remember, there isn't anything legally they can do to you. While they may threaten you with a lot of things, it doesn't mean you should hold them to their word. I am only trying to provide you with information, if they should actually turn you over to a collection agency. The chances are slim to none any collection agency they use will be legit, and in fact, they are known to use their own employees to disguise themselves as being a representative of a collection agency.


lrhall41

Submitted by Shazzers on Tue, 07/13/2010 - 05:25

( Posts: 17344 | Credits: )


[QUOTE=ballplayersmom;722717]This is the email I just received from 500fast cash compliance dept

[COLOR=#1f497d]Your account is under review, if we need to contact you we will. Please send no further communication at this time[/COLOR][/QUOTE]
lol So now they don't want to hear from you anymore. lol No worries, nothing they can do to you, so, let them stew awhile.


lrhall41

Submitted by Shazzers on Tue, 07/13/2010 - 09:39

( Posts: 17344 | Credits: )


Quote:

Originally Posted by ballplayersmom
So today I get my 1st email from 500 fast cash recovery department wanting me to offer them a settlement? What is that about? I paid them over what was borrowed so how do I respond to the email?? Is this their normal chain of events?

lol They will try anything to get money! Just tell them NO!


lrhall41

Submitted by Shazzers on Sun, 07/25/2010 - 19:48

( Posts: 17344 | Credits: )


Ok so today I get a call from their recovery department trying to make arrangements. The woman was actually very nice however I told her no deal. She stated that they were on an Indian reservation and that Federal law prevails not my state law. She asked me why I havent had a lawyer contact them and I told them I am in the process I asked for their lawyer info and she told me it would be emailed to me. So what is the deal with this Indian reservation stuff????? What does that mean????


lrhall41

Submitted by ballplayersmom on Tue, 07/27/2010 - 12:50

( Posts: 365 | Credits: )


Quote:

Originally Posted by ballplayersmom
Ok so today I get a call from their recovery department trying to make arrangements. The woman was actually very nice however I told her no deal. She stated that they were on an Indian reservation and that Federal law prevails not my state law. She asked me why I havent had a lawyer contact them and I told them I am in the process I asked for their lawyer info and she told me it would be emailed to me. So what is the deal with this Indian reservation stuff????? What does that mean????


that means that they paid a scummy indian tribe so they can have their tribal immunity.the lady who called is no more a member of the tribe than i am.do not let their rhetoric get you down.you can't sue them,but they can't sue you.


lrhall41

Submitted by paulmergel on Tue, 07/27/2010 - 13:03

( Posts: 15514 | Credits: )


The latest email from 500 fast cash recovery! Mind you I borrowed $400 and repaid $480.00.
Dear :
Recovery Department now holds account # which is in a collection status. According to our records, your outstanding balance is $520.00. (If you have recently resolved this account over the phone, please disregard this message.)
Many customers have let us know how much they appreciate us offering a private and secure website to handle their account without talking to a collection agent on the phone. Time is running out to avoid the calls; they are scheduled to begin shortly. If you have not logged in to take advantage of our online settlement tool, please log in today.

It is quick and easy: [LIST=1]

  • Grab your debit card and click on this link to log on to the website [URL="http://www.ark30.com/?a=2030&m=recoverydunningletternorth2-10443&n=534-878198&s=920000003d05a5&u=http%3a%2f%2frecovery.500fastcash.com&t=&e=MERRITTCMM%40YAHOO.COM"]recovery.500fastcash.com[/URL].
  • Enter your account number and last 4 digits of your social security number.
  • Through a few simple steps you can verify your account information, and tell us what and when you can pay to settle this account.
  • When your offer is accepted, and you make the required payment(s) YOU WILL OWE NOTHING MORE ON THIS ACCOUNT.

    Your loan was most likely used to help with an unplanned expense. Keep this quick and convenient option available the next time something unexpected happens. Please log on now to [URL="http://www.ark30.com/?a=2030&m=recoverydunningletternorth2-10443&n=534-878198&s=920000003d05a5&u=http%3a%2f%2frecovery.500fastcash.com&t=&e=MERRITTCMM%40YAHOO.COM"]recovery.500fastcash.com[/URL]. This special offer is good only for a limited time.
    Should you have any questions concerning this account please feel free to contact us TOLL FREE at 1-800-420-3194.

    Thanks for being our customer,
    500 Fast Cash Department
    Recovery@500fastcash.com


    • lrhall41

    Submitted by ballplayersmom on Sat, 07/31/2010 - 15:28

    ( Posts: 365 | Credits: )


    [QUOTE=ballplayersmom;730125]The latest email from 500 fast cash recovery! Mind you I borrowed $400 and repaid $480.00.
    Dear :
    Recovery Department now holds account # which is in a collection status. According to our records, your outstanding balance is $520.00. (If you have recently resolved this account over the phone, please disregard this message.)
    Many customers have let us know how much they appreciate us offering a private and secure website to handle their account without talking to a collection agent on the phone. Time is running out to avoid the calls; they are scheduled to begin shortly. If you have not logged in to take advantage of our online settlement tool, please log in today.

    It is quick and easy:
    [LIST=1]

  • Grab your debit card and click on this link to log on to the website [URL="http://www.ark30.com/?a=2030&m=recoverydunningletternorth2-10443&n=534-878198&s=920000003d05a5&u=http%3a%2f%2frecovery.500fastcash.com&t=&e=MERRITTCMM%40YAHOO.COM"]recovery.500fastcash.com[/URL].
  • Enter your account number and last 4 digits of your social security number.
  • Through a few simple steps you can verify your account information, and tell us what and when you can pay to settle this account.
  • When your offer is accepted, and you make the required payment(s) YOU WILL OWE NOTHING MORE ON THIS ACCOUNT.

    Your loan was most likely used to help with an unplanned expense. Keep this quick and convenient option available the next time something unexpected happens. Please log on now to [URL="http://www.ark30.com/?a=2030&m=recoverydunningletternorth2-10443&n=534-878198&s=920000003d05a5&u=http%3a%2f%2frecovery.500fastcash.com&t=&e=MERRITTCMM%40YAHOO.COM"]recovery.500fastcash.com[/URL]. This special offer is good only for a limited time.
    Should you have any questions concerning this account please feel free to contact us TOLL FREE at 1-800-420-3194.

    Thanks for being our customer,
    500 Fast Cash Department
    Recovery@500fastcash.com[/QUOTE]

    Don't they WISH! BAH!!


    • lrhall41

    Submitted by Shazzers on Sat, 07/31/2010 - 17:07

    ( Posts: 17344 | Credits: )


    Shazzers, so basically is this their in house collections? And are they basically saying that if I dont respond it will be sent out to an outside collector? Or is it them that will start to harrass me? They have called about 4 times this week but noone was ignorant I just said I declined the offer and they hung up. Also do you know who does their collections so I could prepare myself??? I dont undertsand illegal PDL's, really dont they get it. Once we become informed we will fight til the end. They have gotten the principle paid back, you would think they would just slither away because the more frustrated I get the more I want to slander their names! The PDL's that quickly offered PDL's and settlements, those I can just leave behind. But these guys who insist that you still owe, drive me nuts!!


    lrhall41

    Submitted by ballplayersmom on Sat, 07/31/2010 - 17:16

    ( Posts: 365 | Credits: )


    Quote:

    Originally Posted by ballplayersmom
    Shazzers, so basically is this their in house collections? And are they basically saying that if I dont respond it will be sent out to an outside collector? Or is it them that will start to harrass me? They have called about 4 times this week but noone was ignorant I just said I declined the offer and they hung up. Also do you know who does their collections so I could prepare myself??? I dont undertsand illegal PDL's, really dont they get it. Once we become informed we will fight til the end. They have gotten the principle paid back, you would think they would just slither away because the more frustrated I get the more I want to slander their names! The PDL's that quickly offered PDL's and settlements, those I can just leave behind. But these guys who insist that you still owe, drive me nuts!!

    It's been over 3 years since I dealt with my payday loan problem and I am still receiving offers, however, they all go into the spam folder. lol

    No, they don't get it and never will because they are nothing more than criminals. As far as sending it to collections, it's very hard to know or even guess who may call you claiming to be a collection agency but I can promise you this, whoever it is, they will have a very intimidating company name and will most likely be non existent.


    lrhall41

    Submitted by Shazzers on Sat, 07/31/2010 - 17:22

    ( Posts: 17344 | Credits: )