United Cash Loans scaring enough!

Guest 0.10 Dollars($)

I've defaulted on my payday loan and now United Cash tells me that they're sending police to get me arrested. Is that what they will really do or just threatening me? I'm already working with a credit counseling agency and trying to pay them. It's a month ago that I sent them the first late payment check even. But here I'm really troubled, can they call the police??

adonis · Posted: Mon Aug 27, 2007 2:26 am Post subject:

Welcome Robertina,

If it's an online payday loan company then this is quite common. These pdls often send threats to people - that's a way they use to frighten people and take more cash from them.

United Cash loans cannot call the police for defaulting on your payday loan. Don't worry, just keep making the payments.

let's hope for the best.

evolovik26 · Posted: Mon Aug 27, 2007 9:49 am Post subject:

Payday loans are unsecured and therefore the only way they can be collected is through common collection practices based on your good faith to repay the loan. They can only call/ write to you and ask for their money. They can also send your debt to collections and affect your credit score that way that is it. No police will come.

miller_st · Joined: 17 Jan 2007 Posts: 917 168.82 Dollars($)

larry · Joined: 27 Jun 2007 Posts: 3328 473.40 Dollars($)

Hi Robertina,

You don't need to get tensed as they are only threatening you. It's good that you have started to work with a credit counseling agency and started to make the payments. You continue to make the payments and if they still create problem, you can take the help of an attorney general of your state.

Guest 0.10 Dollars($)

Hello Robertina,

I cannot believe that this payday loan company can go to such an extent of threatening you. You must file a complaint against them.

I am very thankful that you have shared your experience with them. This will help me to be alert against them as I have also taken a loan from one of such payday loan company.

Niicss · Posted: Tue Aug 28, 2007 3:29 pm Post subject:

They have the right to recover delinquent loans through legal remedies such as debt collection & civil court action. But you cannot go to jail for not paying your debts.

wildstorm_films · Joined: 22 Aug 2007 Posts: 131 8.66 Dollars($)

Yeah they are just using a scare tactic. I don't think thats legal to do.

Guest 0.10 Dollars($)

Once I took a loan of $ 200 from United Cash loans. It was a great mistake that I have done. The company garnished my checking account every 2 weeks. Now, as my balance is not sufficient in the account, the bank has charged me $ 40 of NSF fees. I called my bank and told them about the illegal activities of United Cash loans. The bank has asked me to fill an ACH Affidavit Form so that they can close my account to avoid any further garnishment of cash.

This company has really made my financial situation worse.

Guest 0.10 Dollars($)

what are ACH and NSF fees?can a payday loan company garnish wages??

larry · Joined: 27 Jun 2007 Posts: 3328 473.40 Dollars($)

Hi DJ,

Non Sufficient Fund (NSF) fee is a kind of checking-account fee. It is charged by banks to its customers whose accounts do not have sufficient money to cover a check. The fee charged usually ranges between $25 and $35 per check.

ACH or Automated Clearing House is an electronic fund transfer service which is used for payment of any taxes and fees.

Pay day loan companies are best known for their practice of garnishing wages. You should be careful while dealing with them.

Guest 0.10 Dollars($)

Thanks larry

larry · Joined: 27 Jun 2007 Posts: 3328 473.40 Dollars($)

Hi DJ,

It's my pleasure to help you. If you have any further query, please do not hesitate to ask.

Guest 0.10 Dollars($)

Please give me the phone number to contact United Cash Loan so I can pay off my loan

larry · Joined: 27 Jun 2007 Posts: 3328 473.40 Dollars($)

Hi Guest,

Just try out with 1-800-430-2740.

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