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CTC - California orders "Desist and Refrain Order" 8/27/08

Date: Mon, 09/01/2008 - 20:46

Submitted by ksando44
on Mon, 09/01/2008 - 20:46

Posts: 67 Credits: [Donate]

Total Replies: 5


Good news for California residents. On 8/27/2008 the State of California issued a "Desist and Refrain Order" to Cash Transfer Centers, Northway Broker and Northway Financial. You will also find one under E-care/Sonic issued on 3/6/07 - they are all affiliatied with each other - so don't be fooled.

How many California residents filed complaints with the AG regarding CTC and Northway? You should do it - the more complaints filed by California residents may prompt the state to file civil action with penalties.

It only took 1 person as noted in the action order to get the state's attention. Wishful thinking on my part that I was that one person however, I did indeed file a complaint with the AG, BBB, FTC and I sent them copies of their illegal contract as well including any and all communications with CTC/Northway/E-care in June. I even outlined what I did to CTC regarding the money they owed me for illegal fees - I am sure CTC didn't like the tables turned on them.

Just goes to show have faith in your AG's and not fall for CTC's BS.

Cheers everyone~

http://www.corp.ca.gov/ENF/pdf/2008/NorthwayFin_dr.pdf


I'm not sure how or if this applies to me but I have been in a revolving, never ending debt cycle with this company, Cash Transfer Center, and am still in it now. I live in California and currently have a loan out with them for $1300. I am new to this website and I didn't realize how much info was available to me about these payday loans. This is not the only loan I have, there a quite a few others. I've been in this payday loan cycle for over a year now. I'm in pretty deep, but I have landed myself a nice paying job recently but it still seems impossible to get out of this rut. Any help would be great. The companies I am in debted to are ... Cash Transfer Center, Payday Max, Paycheck Today, and EZpayday. Thank you.


lrhall41

Submitted by adams4045 on Sun, 09/14/2008 - 12:22

( Posts: 10 | Credits: )


How much have you paid on this loan, including all rollovers? The only thing you are liable for is your loan principle, what you have actually borrowed.
I would also cancel immediately the wage assignment that you signed to borrow with CTC and make sure that your payroll dept knows this.
If they start harassing you, IMMEDIATELY file a claim with the Dept of Corporations and Jerry Brown's office.


lrhall41

Submitted by kscornell on Sun, 09/14/2008 - 20:26

( Posts: 4407 | Credits: )