I’ve never heard of Money More or Money, but received a letter (very unprofessional actually signed in ink) by some small time debt collector claiming I pay or settlement (Payback & Associates, Henderson. places appear to be in NV).
Please do not send them any money. Of them were a legitimate debt collector they would have to send you a written confirmation of the debt.
then the guy wanted to know why i took the advance out in the first place and why i have not paid on it. he said I was going to get charged with check fraud from across state lines since the company is out of state and when they tried to retrieve the money from my account the money was not there.
I was contacted by a guy who claims to be with a lawyer firm. He said that charges were filed against me for taking out a payday loan online. It’s against the law in the state of “North Carolina” at the time I did not know this. When I asked who filed charges against me he mentioned the Social Security Commissioner, the Federal Credit Commission and the Attorney General Office. I called all these offices and they all said it sounds like a scam so I gave all the info I have. He told me if I settled out of court I would pay $ 600.00 and if I went to court I could pay $ 1000.00 … he also said I could be arrested. The loans I took out I paid them every month, the Attorney General told me not to worry but this man keeps calling me.
Be aware that some payday lenders have threatened garnishment in order to get borrowers to pay, even though they do not have a court order or judgment. If that should happen, you may want to seek legal assistance.
FULMER: It would take the $ 15 and it would make that fee $ 1.38 per $ 100 borrowed. That’s less than 7.5 cents per day. The New York Times can not sell a newspaper for 7.5 cents a day. And somehow we are expected to be unsecured, relative, $ 100 loans for a two-week period for 7.5 cents per day. It just does not make economical sense.
Nona – There are a few options for trying to stop them but it’s not easy when you’re dealing with a scam. If they were legitimate collectors, and traceable – where they could be held accountable under the Fair Debt Collection Practices Act, consumers would recourse to sue them. However, with scams, it’s a little more difficult … but there are some options that may help – you can file a complaint with your local law enforcement, the Consumer Financial Protection Bureau and your state attorney general.
Anyone ever heard of Peter Shapiro or the Shapiro Agency? Telephone 877-723-4711. This ‘person’ has called two of my family members today and told them his agency was conducting a criminal investigation of me and needed a character statement. I’m sure this is the same as those who harassed me about a payday loan from 2006 to the point where I changed my cell phone number over a year ago. They were threatening criminal action then. My daughter asked if she was a debt collector and was told no. She looked them up on the internet and found, yes, they were collectors (of some sort). Now I have been paying my Chapter 13 for 50 months now with 4 more months to go. Any bill I owed is included in that bankruptcy. So you can believe this makes me furious! I’ve tried to call the number but I’m told to hold for Pete Shapiro and then asked to leave a voice message. I want to talk to this thing to voice. Any suggestions on who and how to complain about this thing?
ALAN STONE 704-389 0723 MICHAEL JOHNSON 204-449-0158 AND HERE ARE SOME OF THE NUMBERS I have them on reject -thats how many times they called.once the call came 21 times back to back like a computer was dialing them … 7501003 is the one they use
Maybe that’s about as good as it gets on the fringe. Outrage is easy, and outrage is warranted-but maybe payday lenders should not be its main target. The problem is not just that people who desperately need a $ 350 loan can not get it at a affordable rate, but that a growing number of people need that loan in the first place.
Creditors are required to provide written verification of a debt within five days of contacting you. They also do not make threats they do not intend to keep – like filing charges. You can find more about your debt collection here:
The decline of marriage is on us. But, at least, that’s what the zeitgeist would have
The amount of your cash advance depends on several factors and will vary from state to state. The surest way to learn what you are eligible for is to fill out our simple application. Ready to take action? The sooner you apply for cash advance the sooner you can get the cash you need. If you would like to know more about cash advance from Check ‘n Go, we will be happy to talk with you.
First, understand your rights when dealing with a collector. If you read through this comment, you will see many examples of fake payday loan scam collectors using scare tactics to coerce victims in paying up without researching the debt or verifying that they actually have it. In your case, if you’re positive you paid the old payday loan in full, it’s quite possible that it’s a scam. Fortunately, there are laws in place that protect you from debt collectors and they have to abide by those laws (if they are legitimate and not scams). For more on what to do and say when a debt collector calls, this resource will help: What to Do if Debt Collector Calls
Just be sure you have enough money in your account on those days, otherwise you can face overdraft fees and other penalties from your bank. If you are not able to make a payment, please call us at 888.801.9075.
Establish the correct entity that should rightfully receive payments on this debt. If you are going to settle on a letter stating the settlement terms. It has to state that on payment of $ x the debt will be deemed as “settled in full.” Then keep that payment proof for life. These C.A. resell your debt later to another C.A. and then it’s the same story collections all over again.
Answer: While there is no definition of a payday loan, it is usually a short-term, high cost loan, usually for $ 500 or less, that is usually due to your next payday. Depending on your state law, payday loans may be available through storefront payday lenders or online.
the threats. Do not worry they’re all scam … The cops are still investigating … The cops contacted NCN guys .. (who were probably freaked out … lol) and these guys said they had nothing to do with the calls … Its just made up fake company name … and they are just making prank calls …
And this does not make sense: “They had a warrant for my arrest and ready to be sent to the sheriffs department in my county.” If they did not have a warrant for your arrest, why would they tell you that other than to try to shake you down for money? It would be smart for you to call your local sheriff’s department, explain what happened and ask them if you can file a police report.
DeYOUNG: Borrowing money is like renting money. You have to use it for a few weeks. You could rent a car for two weeks, right? You get to use that car. Well, if you calculate the annual percentage rate on that car rental – that means that you divide the amount you pay on that car by the value of that automobile – you get similarly high rates. So this is not about interest. This is about short-term use of a product that’s been lent to you. This is just arithmetic.
Tell me that I owe a paydate loan and that I need to call her and make arrangements. She is calling me on my job and on a new cell number that I have. Now she is calling my family and threatening them That they are going to arrest me. Please help. 800-290-1065. SHe calls three times a day or more. Help.
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It can be frustrating and embarrassing when debt collectors call relatives, and, as you suspect, some debt collectors use tactics that are not legal. But, as a consumer, you are not powerless. Here are three Credit.com articles you may find useful, and thanks for alerting others to the kind of treatment you have received.
Ok I got a phone call today for my husband. I know he took out a payday loan 2 years ago and it’s with the people these guys claim they are collecting for. They want my debit card number so that my husband is not “served” and go to court or jail for check fraud. My question here is that they can even go for criminal action for a “fraud check” that was not even technically checked since it was all done online. Also, should I just pay them? They said they are Lincoln or the number is 877-607-5668 I have no problem resolving a legitimate debt but I do not want to get scammed either.
That makes plenty of sense in theory. Payday lending in its most unfettered form seems to be ideal for neither consumers nor lenders. As Luigi Zingales, professor at the University of Chicago, told a group of finance professionals in a speech speech last year, “The effective outcome can not be achieved without mandatory regulation.” One controversy is whether the office, in its zeal to protect
We understand how crucial it is to get the money you need, fast. You can receive an immediate decision on your application and get money to your bank account as soon as the next business day.
I received a call today from 888-958-3653 from a guy named mark saying I took out a payday loan back in 2007 and i owed $ 425.00 said I had to pay in full by oct 31st or will be sued or my salary garnished i asked for their mailing address and he refused to five it to me and i asked if they could send me documentation in the mail and he said they were strictly a paperless company he said i had to give him my credit card before they could send me any information so you can not say he did not get my credit card info, the company is westwood mediation
payday loan recovery group, 1-877 * 601-5871, has been reported to the Alabama Attorney General for making calls claiming to have information about the garnishment of a payday loan …. we are currently tracking the site and will back track it to the source … we are trying to catch you
Melissa Waters joined PersonalCashAdvance.com as the head of communications in 2010 with a background in marketing and public relations. Waters take pride in helping consumers find an ideal financial solution in a timely manner. Waters handles customer and media inquiries in addition to contributing articles and managing social media operations.
I received a voice mail today from some guy who identified herself as a “Carl Thomas”. He never told me who he was with or what his business was. He gave me a claim number and said that he had a pending wage garnishment order and a motion to suspend my drivers license. He left a number (877-601-5861 x261) I called the number to meet the guy but the number he gave was not a working number. So I called the number that appeared on my caller ID. A woman answered only by saying “what extension please”. What number did I call and she answered “an answer service”. So I gave the extension. I was connected with “Carl Thomas” and I advised him that I had received a message for someone and that the information he left on the voice was illegal by law debt collection. Carl Thomas got real mad real quick and told me I did not have to tell him how to do his “F # $ King job” and that if I did not give him the god * & am file number that I could go to hell and shove it. So after he hung up on me I called the answer service back and they advised me that it was a company called PDLR with a PO Box in Aurora, Illinois. The number to the “answer service” is 603-486-1900. Hope this helps.
any other information. The payday borrower then writes a check – and this is the key part of the technology – the payday borrower then writes a check for the amount of the loan and postdates it by two weeks. And this becomes the collateral for the loan. So payday will not pay the loan in two weeks, the payday lender then deposits the check.
I was contacted by these people
Have you pulled your credit reports yet? If there was an unpaid balance from the payday loan you took out a while back, it could have been sent to the collections and increased interest interest over the years. If the account is in the collections or it is the result of a judgment against you and it has been reported to the credit bureau, it will appear on your credit report. You can get free copies of your credit report from each of the major credit reporting agencies at AnnualCreditReport.com. Keep us posted on what you find out!
Payday Advance In Johnson City Tn
but here’s where weird the 671-933-7954 is a VOIP number that the name is not listed, the person said they are based in Miami. nothing comes up with this name But the kicker is IF I did not take out these Payday loans the bank account they have been active and never been closed so they would not be a reason they would not have been able to get the money.
, blah, blah blah. Some people have been middle east, but some are not. I tried to leave a message to call me back but no answer. I went on the net tonight, and have been enlightened. I have to cancel my checking acct. because I gave them my info. I feel so gullable. Just because I gave them auth. for auto withdrawl. Don, do it, please just deal with the companies you took out the loan with !!!
was fishy and it was a scam this guy was rude threating and harassing me to pay $ 920 i want to find this guy and charge him with threatening and harassment and i know i can tell if anyone has the same problem or is sueing him please and thank you
Joseph – You may want to alert your employer. This scam is well documented from many sources so hopefully your employer would be understanding if you explained that you are being targeted by a scammer.
Even though there may not be a lot you can do about the call, it may be worthwhile to file a complaint with your state attorney general and with the Consumer Financial Protection Bureau.
This guys have called me twice so far, at work. His name was “David Jones” and he was from my local sherriff department, the last time. I did not fall for it, so should I still report it? The first time they said I have been charged against me, they know the last 4 of my social. He asked for my attorneys information. He asked if I had ever been convicted of fraud before. He yelled at me and told me not to interrupt him or he would not be able to help me. He asked if he should send law enforcement to pick me up and I told him to do what he needed to do.
Fulmer says that payday-loan interest rates are not almost as predatory as they seem, for two reasons. First: When you hear “400 percent on an annualized basis,” you might think that people are borrowing the money for a year. But these loans are designed to be held for just a few weeks, unless, of course, they get rolled over a bunch of times. And, reason number two: because payday loans are so small – the average loan is about $ 375 – the fees need to be relatively high to make it worthwhile for the lender. For every $ 100 borrowed, Fulmer says, the lender gets about $ 15 in fees. So, capping the rate at an annualized 36 percent just would not work.
I can not tell from what you are writing whether it’s a very aggressive debt collector, but remember the debt collectors must follow federal law (and often state laws) that prohibits harassment and false statements.
WINCY COLLINS: I advise everyone, “Do not even mess with those people. They are rip-offs “I would not go back again. I do not even like to walk across the street past it. That’s just how pissed I was, and so hurt.
Can they really throw a person in jail for 85 months and 7 years? We did have a payday loan and completely slipped. Our bank closed on us and this is probably why the check bounced off that place. What do you advise we do? I am freaking out … .. I asked for it in writing and they were refufed to give me a thier address and put me in touch with an officer for warrants.
Just to be clear, these are not collectors trying to collect legitimate debts. Most of the complaints on our forums, and to the AG AG include consumers who have never taken a payday loan, or who may have initiated one but never actually secured the loan. In some cases, the “collector” has detailed information about the victim – such as name, address and social security number – which makes the debt appear to be real.
Later on, the payday lenders gave Mann the data that showed how long it really took those exact customers to pay off their loans. About 60 percent of them paid off the loan within 14 days of the date they were predicted.
DEYOUNG: Yes, I like to think of myself as an objective observer of social activity, as an economist. But there is one section of the blog where we highlight mixed evidence. That helps you to reduce the risk of money at home level. And we also point to, I believe, an equal number of studies in that section that find the exact opposite. And then of course there is another section in the blog where we point directly to rollovers and rollovers is where the rubber hits the road on this. If we can somehow predict which folks will not be able to handle this product and will roll it over incessantly, then we can impress on payday lenders not to make the loans to those people. This product, in fact, is especially badly suited to predict this because the payday lender gets a small number of pieces of information when she makes the loan, as opposed to the information that a regulated financial institution would collect. The cost of collecting that information, of underwriting the loan in the traditional way that a bank would be, would be too high for the payday to offer the product. If we load up additional costs on the production of these loans, the loans will not be profitable any longer.
DeYOUNG: We need to do more research and try to find out the best ways to regulate rather than the rules that are being pursued now that would eventually shut down the industry. I do not want to come as a advocate of payday lenders. That’s not my position. My position is I want to make sure the users of payday loans who are using them responsibly and who are made better by them do not lose access to this product.
I’ve been receiving phone calls from a person who claims to be an investigator and tells me there are charges pending against me for a payday loan from 2009. He gave me the name of a collection agency (Global) that I called and they told me the same thing I really took out a payday loan in 2009 from this “money and more” online company. The loan was repaid and I even faxed copies of the bank statements showing this back in 2009. They say the copies of these statements are not in my file. And this “INVESTIGATOR” well his phone does not accept incoming calls, and he wants me to give him my address to send me sealed documents! I did not give any of my information as I see it, if he found out my cell phone number, then he can find out my address. This man was very rude, very aggressive and very threatening. He continues to call my phone 4 & 5 times a day. I do not know how to get rid of these people. This man, I do not know his name or who he wors for, he gave me no information, only that there were charges against me and my state “bad check writing laws” would be against me as well, pending criminal charges … ..I which often have internet access … but i get my e-mail on my phone, so if anyone would like to e-mail me with helpful information it would be much appreciated. Thank You
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