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ok so I have made 3 90 payments on this account for a $300 so its been paid 270 they want another 560 to pay it off I live in Maine




they also said it need to be paid off in full by the end of sept

Sub: #1 posted on Fri, 08/22/2008 - 08:10

jduchette jduchette

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I'm assuming you are talking about United Cash Loans, which is an illegal payday loan company.
Here is a thread that talks about Maine laws, it also has a link in that gives more information.

http://www.debtconsolidationcare.com/settlement/about2689 6.html

If you have paid 270 towards this loan, then you technically only owe them 30 more dollars. I would file a complaint with the ftc and your Attorney general. I would send a letter to UCL stating your states laws and a Cashiers check for $30 and tell them don't bother you anymore.

Sub: #2 posted on Fri, 08/22/2008 - 08:33

PinkLady PinkLady
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Didn't Maine Banking Secretary (or whatever the correct title is) issue a Cease-and-Desist Order to UCL last year? It probably won't stop the collection calls, since they claim to be above the law, but at least you can rest assured you don't owe them anything more.

Sub: #3 posted on Fri, 08/22/2008 - 08:36

FreakyFriday FreakyFriday

(Posts: 490 | Credits: 0.78)

great news thank you very much one other ? and one deal with united fast cash? I have them as well and wanted to know what my options were there.

Sub: #4 posted on Fri, 08/22/2008 - 08:44

jduchette jduchette

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Do you mean USfastCash? If so, they are illegal as well. I would send them the same letter. How much did you pay to them so far?

Sub: #5 posted on Fri, 08/22/2008 - 09:08

PinkLady PinkLady
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Im sorry yes it was USfast cash

i believe I have pd the same amount to them as well

Sub: #6 posted on Fri, 08/22/2008 - 09:11

jduchette jduchette

(Posts: 5 | Credits: 0.42)

isthere a template that I should use when sending info to USfast cash & United cash loans? what is the best way to handle? i know that I should include the states laws anything else?

Sub: #7 posted on Fri, 08/22/2008 - 09:16

jduchette jduchette

(Posts: 5 | Credits: 0.42)

Check out this thread, it has a sample letter in it you may want to use.
http://www.debtconsolidationcare.com/paydayloan/sample-le tter.html
You may have to add or delete a few items to fit your needs. I would send it both to UCL and UsfastCash. Let them know you will only pay back what they deposited into your account. You may want to include a cashiers check for the remaining balance and ask them to mark your account paid in full.

Sub: #8 posted on Fri, 08/22/2008 - 09:58

PinkLady PinkLady
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