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This morning I recieved an email from USACashExpress telling me there was a problem with my checking account and I needed to call them asap. Having no idea who these people were I replied back saying I'm no falling for this. Here was their reply:


> 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.




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"

Sub: #21 posted on Tue, 03/27/2007 - 08:31

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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

Sub: #22 posted on Tue, 03/27/2007 - 08:40

KYSIDE38 KYSIDE38

(Posts: 2478 | Credits: )

spam removed per forum rules - Goudah

Sub: #23 posted on Wed, 04/25/2007 - 08:24

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spam removed per forum rules - Goudah

Sub: #24 posted on Wed, 04/25/2007 - 08:31

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spam removed per forum rules - Goudah

Sub: #25 posted on Wed, 04/25/2007 - 08:56

Unregistered


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 . . . .

Sub: #26 posted on Wed, 04/25/2007 - 09:03

goudah2424 goudah2424

(Posts: 7936 | Credits: )

I wouldn't doubt it with the spam that's been coming across the forums lately.

Sub: #27 posted on Wed, 04/25/2007 - 18:22

Cow & Chicken Cow & Chicken

(Posts: 3571 | Credits: )

Check it, thanks guys,

Sub: #28 posted on Mon, 06/23/2008 - 08:50

Unregistered


Check This Out, GREAT Information,

Sub: #29 posted on Tue, 06/24/2008 - 07:24

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I really Liked This Site,

Sub: #30 posted on Tue, 06/24/2008 - 11:02

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