Reply to Cashnet500
Date: Tue, 11/07/2006 - 15:16
> We are CashNet500 and you took out a loan on 8-24-06 for $350 and this money
> was deposited into you bank account on 8-24-06. Do you not recall this?
>
> I am in the position to offer you a loan payoff on your account.
>
> As of today, your total CashNet account balance is $590, payment
> arrangements are for three(3) payments $200 due on 11-17, 12-1 and $190 due
> on 12-15.
>
> Payment method is Visa or MasterCard Debit/Credit ($5.00 processing fee).
>
> Confirmation Instructions
> * To take advantage of this offer it is very important that you
> confirm this loan payoff today.
> * To do this all you need to do is call or email me today with your
> card#, expiration date and three (3) digit code.
>
> This is a loan payoff, meaning once you confirm this payoff by providing
> your card information, your account will then be removed from the
> collections process, your balance will be frozen and no further charges will
> be assessed on the loan balance as long as you follow through with the
> agreed arrangement.
>
> Regards,
>
>
> Karen Lamb
> Advanced Collections Department
> 1-800-654-7444
> x846
How sweet! They are offering to let me pay $990 total for a $350 loan.
So I need some opinions . . . . . Does this reply sound good? Should I tone it down? Change anything? Thanks!
Quote:
Yes, I know I did business with cashnet500, but you emailed me going by the name USACashExpress. How am I to know that you do business under that name too? Also, I've informed Cashnet500 already that I'm having to file bankruptcy, through no fault of my own, I'm sorry my appendix nearly errupted and almost killed me and now I have a ton of medical bills, but more then that, I've been talking to the Oregon Banking Authority and their payday lender licensing department. Oddly enough, you do not have an Oregon License under Cashnet500, Global Payday, or USACashExpress. You also broke the law when you (or someone at your company) told me I could be arrested for fraud by not paying you immediatly. You also broke the law when you (or someone at your company) left a general voicemail on my employers phone, giving the details of my loan and saying I was going to have legal problems if I didn't call you back. Keep in mind this is recorded. You broke Oregon law when you made the loan in the first place. I have solid proof of every allegation I'm making here. According to the police department, licensing office, and Oregon State Attorney General's office, if you set foot in an oregon court and try to file anything against me you will be arrested yourself for doing illegal business. I will be retaining a lawyer for my bk, so I will have legal representation. So far I've paid you $315. My offer to you is $35 to pay in full the amount that I originally borrowed. Agreement of these terms by you will not stop me from further cooperation with the Oregon authorities, who are currently investigating you now. |
And don't give them your new banking info, and don't send the $3
And don't give them your new banking info, and don't send the $35 Western Union, demand a physical address to send a money order or they won't get their $35.
I won't give them anything but a postal money order, if that.
I won't give them anything but a postal money order, if that.
BTW - Their offer of $590 to settle, I've only missed one paymen
BTW - Their offer of $590 to settle, I've only missed one payment with them, so a balance of $350, the $105 finance fee, I guess they figure in another $105, and I guess a $30 returned ach fee?? How is that a settlement? That's more then I technically owe them according to their stupid contract!
Put your dispute in writing with the company. They have to check
Put your dispute in writing with the company. They have to check your file and figure out the accurate balance. Have you checked with your state laws if they have calculated the total amount in the right way? If you are able to bring down the total amount by placing a dispute, you will be able to negotiate for a lower amount from what it is at present.
yes, unfortunatly oregon doesn't have any interest limits, their
yes, unfortunatly oregon doesn't have any interest limits, their new law capping these guys doesn't go into affect until June 2007. I'm thinking they are assuming I wouldn't pay until my next payday, at which time the full $105 in finance fees would be due. The thing that bugs me is that I've already told them I'm filing bk!
payday loans
Way to go dont back down. I think it is very well-written and straight to the point. Good Luck Keep us Posted KYSIDE38
I hope I'm not too late...I would omit the part about your surge
I hope I'm not too late...I would omit the part about your surgery and the bankruptcy (for one, it's none of their business). If they think you are making exuses, their collection tactics may become more agressive and they could cause a bad situation for you at your place of employment. They are not the most professional collectors out there.
Your not too late . . . . I wanted to get people's opinions befo
Your not too late . . . . I wanted to get people's opinions before I sent it. I just put in about my surgery so maybe they would see that I'm not doing this just to screw them, I have no choice. But I will take it out, thinking about it, I don't want them to know my personal business. But the part about my BK I'm keeping in, as I've already informed them and given them my lawyers info. Oddly enough, it was right after I told them I had a lawyer that they told me I was going to be arrested for fraud!
Have your lawyer fax them a letter of representation. She will
Have your lawyer fax them a letter of representation. She will go away. This is the email I got from Karen Lamb:
Quote:
To date there is no documentation on file with regards to your claim that you have retained a law firm to handle you finances. Have your attorney fax over your retainer letter. Once that information is received I will then remove your accounts from further collections. Regards, Karen Lamb Advanced Collections Fax 800-418-6073 PH 800-654-7444 Ext. 846 |
I had them fax it over and have not heard from her since.
If you have an attorney, have them fax her a retainer letter or
If you have an attorney, have them fax her a retainer letter or letter of representaion, and she will go away. :This is what I received from Karen Lamb:
Quote:
To date there is no documentation on file with regards to your claim that you have retained a law firm to handle you finances. Have your attorney fax over your retainer letter. Once that information is received I will then remove your accounts from further collections. Regards, Karen Lamb Advanced Collections Fax 800-418-6073 PH 800-654-7444 Ext. 846 |
I have it in writing from her that once she has proof I have legal representation, the collection calls will stop. Langhorne is faxing them a letter today. Will keep you posted if they honor it.
So they just called me again . . . . Luckily (well, nt luckily,
So they just called me again . . . . Luckily (well, nt luckily, very unluckily) I have a crazy obsessed person stalking me. He just got out of jail (on stalking charges, due to me) last week. So everyone at my work knows to say that I'm no longer an employee, in an effort to not have to find another job. So when Cashnet500 called this morning they were told I no longer work here. So they called me. The first thing he says, very nicely, is I hear you don't have a job anymore, we'd like to offer you a settlement. This is the exact same guy I talked to on Monday that said I'd be charged with fraud. When I mentioned I had just talked to him the other day, he said, and I quote "Wow, I must've been smoking crack, I don't remember that.'!!! I then told him that he told me I would be charged with fraud and I was hiring a lawyer, and he quickly said, have your lawyer contact us, and hung up the phone!
I think they are all smoking crack, which explains their sudden
I think they are all smoking crack, which explains their sudden mood swings. What an idiot to make such a comment, "I must have been smoking crack"
I wonder if they are the same as Global Payday loans and Cashnet
I wonder if they are the same as Global Payday loans and Cashnet? I recieved a call from a Justin McClain at Hecker law Firm saying that I took out a payday loan with this company and they have been trying to debit my account and keep getting the checks returned for NSF's. I told him that I have all of my bank statements and there is not Global Payday loan or Cashnet debiting my account. I asked if they go under another name and he then said he does not have time to babysit debtors and that if I did not call him back by 4pm yesterday he would then send the information to the courts here in Alabama. I told him do what you have to do because I do not know who this company is. Now I did have a payday loan with GFS and I believe that is who that is, however as I explained to GFS I have already paid them well over what I owe. They are breaking laws everywhere and need to be stopped. How do I file a complaint with my AG's office? I even sent them a letter telling them to please stop debiting that account.
Yes, they are the exact same company as Global Payday. They als
Yes, they are the exact same company as Global Payday. They also go by Cashnet500 and USACashExpress.
fastcash .com
I no longer had a bank so please sind me a phone number so I can pay my loan with you. thanks
This is a message board not Cashnet500. If you look through the
This is a message board not Cashnet500. If you look through the treads you will find contact info for them.
loan with cashnet500
i live in louisiana and i made a payday loan with cashnet over the internet in oct. '06 each month ive been paying down by $50 plus the finance charge i am down to my last $130 dollars to pay it out. i know i only borrowed $350 by the time im done i think it will be well over 800 0r 900 dollars-should i just pay it out and be glad im done with these people and dont deal with them anymore or am i entitled to some of my money back--and should i be concerned that they still have my banking information--TELL ME WHAT TO DO OR WHAT NOT TO DO? "lost in louisiana"
cash net
Welcome Tracy... The first thing you can do is go to http://www.paydayloaninfo.org and check on the laws in your state. I think it is Legal in La. However also check with the Secretary of States office to see if they are licensed there. This is one difficult company to deal with. I personally dealt with them so I know. I would contact my Attorney Generals office consumer division also and file a complaint. This is way to much interest but that is how they get people., Best Wishes KYSIDE38
Okay, I wasn't sure if the above posts were spam or not, but I'm
Okay, I wasn't sure if the above posts were spam or not, but I'm thinking it is so I'm going to take it off . . . .
I wouldn't doubt it with the spam that's been coming across the
I wouldn't doubt it with the spam that's been coming across the forums lately.
