I got my first settlement email today
My first response was from CashNetUsa, here is what they said:
Quote:
Thank you for contacting us to inquire about how you can pay off your balance. The payment plan we can offer is below. $437.50 due on 12/31/07 To confirm your agreement to this payment plan, please reply to this email stating that the terms are acceptable. You must include the original email with the terms to which you are agreeing in your response and specify your payment method. PAYMENT METHOD - Bank Account - Credit/Debit Card - MoneyGram - Western Union If you are paying via credit card, please provide the following details. Type of Card (Visa, MasterCard, American Express, Discover): Card Number: Expiration Date: 3 or 4 digit verification code on the back of the card: Your name (as it appears on the card): Billing address of the card: Collection procedures will continue until an acceptable payment arrangement has been made. If you have any questions or concerns, our collections team is available seven days a week via phone and email. CashNetUSA Collections Department 888.801.9078 Direct Line 866.326.5265 Fax cashnetusa.com Mon-Fri: 6am to 11pm CST Sat-Sun: 8am to 8pm CST Stephanie G |
Here is my response to them:
Quote:
Hello, First of all , my balance is $417.50 not $437.50 At this time I am not able to agree to this agreement. I do not have and will not have the full balance by the date given. With it being almost christmas time, this is not even a possibility. I understand that Collection procedures will continue until an acceptable payment arrangement has been made. But I also understand (as I recently said in my email) that you must offer payment arrangements that we both can agree on, and at this moment I am not accepting this agreement. As I also, stated in my email, I am revoking your right to debit my checking account any longer. You, your company, or your affiliates are not authorized to debit my checking account at all. Please be aware that I have informed my financial institution of this situation and they will also be receiving a copy of this correspondence. Any further attempts at debiting my account will be rejected by my financial institution. And if payments do go through I am prepared to take the neccessary steps to reverse those charges as you are no longer authorized to do so. As soon as we reach an agreement I will send in my payments but I will not (I Will not budge on this issue)use these: Bank Account - Credit/Debit Card - MoneyGram - Western Union I am only willing to send in money orders as I will not give you access to any of my info. |
(name removed for your safety. cannr)
I am no longer freaking out here as I am learning on how to deal with these people.
Am I doing this right?
You are doing great!! Stay strong..One thing, did you send a wag
You are doing great!! Stay strong..One thing, did you send a wage assignment revocation letter to Cashnet, and also one to your HR? If not, do that right away.
Quote:You are doing great!! Stay strong..One thing, did you send
Quote:
You are doing great!! Stay strong..One thing, did you send a wage assignment revocation letter to Cashnet, and also one to your HR? If not, do that right away. |
Yes, I have, what does HR? mean?
I think you're doing great, but I disagree with you on not being
I think you're doing great, but I disagree with you on not being willing to use MoneyGram or Western Union. They don't get any of your personal information when you use those and they are much more easily traceable than a money order - especially when the lender says "We never received your payment . . ."
i would not send the money westen union or money gram also. mone
i would not send the money westen union or money gram also. money order only!
I disagree, Granny. It doesn't cost much more than buying a mon
I disagree, Granny. It doesn't cost much more than buying a money order and sending it certified mail, return receipt requested. And I've heard too many people say they sent money orders to companies only to get caught in a "he said, she said" when the lender denies receiving it.
Quote:I disagree, Granny. It doesn't cost much more than buying
Quote:
I disagree, Granny. It doesn't cost much more than buying a money order and sending it certified mail, return receipt requested. And I've heard too many people say they sent money orders to companies only to get caught in a "he said, she said" when the lender denies receiving it. |
I am sorry if I sound dumb.....but how does one use money grams? I have never heard of them. Where and how much does it cost to use a money gram?
Tina, You can do Moneygram at most Wal MArt service desks. This
Tina, You can do Moneygram at most Wal MArt service desks. This is info from their web site:
Quote:
MoneyGram offers a wide variety of payment products and services, from the traditional money order and official check services to the latest in electronic bill payment and money transfer services. How much does this cost? Currently, it costs from $0.00 to $9.95, depending on the company you wish to pay. You will want to verify the correct transaction fee with that company or ask your MoneyGram ExpressPayment agent for more information |
here is the web site if you want to do more research:
http://www.moneygram.com/MGICorp/index.htm
I use it to pay people whom I do not want to give my account information to. And I have never had a problem.
tina-MoneyGram is the same concept as Western Union Quick Collec
tina-MoneyGram is the same concept as Western Union Quick Collect.
Freakyfriday-I can see your point on WUQC (western union quick collect) or Moneygram not getting personal info, but it is certainly cheaper to send a USPS Traceable money order via certified mail than it is WUQC or Moneygram. Moneygram is $24.00 to send $400 and WUQC is $12.95.
I always send payments by money order. It is much cheaper and t
I always send payments by money order. It is much cheaper and they are traceable, you just have to keep ahold of the receipt for the tracking number.
ladybug
no problem, I saw that post too and made sure that I did not acc
no problem, I saw that post too and made sure that I did not accidentally post twice, and I did not.;
Another way of payment to consider are either prepaid visa or ma
Another way of payment to consider are either prepaid visa or mastercards you can purchase or disposable credit card numbers that certain creditors allow you to use. I have these with Citi,Bank of America,and Discover. What is great about them is you can limit it by dollar amount,time,or number of transactions.
Tina-keep us posted on how it continues to go with Cashnet USA.
Tina-keep us posted on how it continues to go with Cashnet USA. I just sent off an email proposal to them with a payment plan and requesting an address to send money orders to. I will also keep you posted on my responses from them as well.
