Posted on: 27th Aug, 2007 02:13 am
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??
Quick payday loan said I defaulted on a loan in 2005. Can they still tell me that I owe over $3,000.00 and have me arrested if I do not pay this. They will not send me any paper work to show me that this is a real loan.
Hi Cindy!
It is your right to see the papers. You can force them to show you the papers. In this case, you can also take legal help.
If you have really defaulted a loan, then they can come after you anytime and tell you to pay it off. I don't think they will get you arrested but yes, they can definitely place liens on your property.
Thanks,
Jerry
It is your right to see the papers. You can force them to show you the papers. In this case, you can also take legal help.
If you have really defaulted a loan, then they can come after you anytime and tell you to pay it off. I don't think they will get you arrested but yes, they can definitely place liens on your property.
Thanks,
Jerry
i got a call from a man friday, saiding that i had a quickpayday loan that i didnt pay back he told me i was going to jail monday.he wouldnt tell me the loan company name,he just said that it was one of quickpayday company.i couldnt really understand him, his english was bad,the call came from 3035589796,and then he called me from 6036599999
dorothy, eric said it more than 2 years ago, and it's still true. you cannot go to jail for simply owing money. what you need to do in this case is be in contact with the federal trade commission (you can go online at ftc.gov) and give them the phone numbers you just noted above. what that man told you is against the law, and he ought to go to jail for it. he won't but the government can fine his company for those remarks. you have protection against foolishness like that, and you need to exercise your protection. please take this step so people like him can be driven out of business.
what he told you was wrong, and what's worse is that it was downright nasty.
what he told you was wrong, and what's worse is that it was downright nasty.
I got a loan for 400 dollars and my bank charged my a unreasonable amount of over charges for less then 20.00 . That caused me to go in to 250. In over charges so I closed my account it's only been 4 days and I got a call from the lender saying in was in the hot check
Department . But I never
250
Department . But I never
250
Guest, I know it's difficult to try to describe what happened here, but try a little harder, please, to make it easier for us to follow. Are they accusing you of passing a bad check? Did the $400 loan check bounce? I understand that the charges on your account caused you to owe them $250...that much I get.
Unfortunately you stopped after a while with no real question asked. I suspect you owe the bank where you have your checking account $250. I also suspect you owe someone else $400 for the loan you took.
The best thing to do is to find the funds to pay these two amounts and move forward from there.
If I've erred in trying to figure out your dilemma, please let me know.
Unfortunately you stopped after a while with no real question asked. I suspect you owe the bank where you have your checking account $250. I also suspect you owe someone else $400 for the loan you took.
The best thing to do is to find the funds to pay these two amounts and move forward from there.
If I've erred in trying to figure out your dilemma, please let me know.
I also made the mistake of going to a few cash advance this past summer. After about 3 months of paying i noticed my loan wasn't getting paid at all it all went to fees. So i decided to call one of the lenders and they told me my 200.00 loan is actually 1200. so after some thought and getting some legal advice, i decided to file chap 7. Well i have not paid the lawyers just yet. at the moment I'm working 2 jobs and trying to catch up on other bills that is more important like utilities and rent. I have 3 young children and i was left with no choice but to file. Well about a month ago my lawyer advised me close my checking account so they wont take anymore money out. Just yesterday i got a phone call from one of the lenders lawyers and she told me i cant file bankruptcy and they are suing me for fraud. I called my lawyer and he told me not to worry but i cant stop worrying about this. Can someone please give me some advice on what to do.
Hi Guest!
Welcome to forums!
If the payday loan companies are not legal in your state, then they cannot file a lawsuit against you. You should contact your attorney and take his opinion as to what steps you need to take in this regard.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If the payday loan companies are not legal in your state, then they cannot file a lawsuit against you. You should contact your attorney and take his opinion as to what steps you need to take in this regard.
Feel free to ask if you've further queries.
Sussane
I did do some research and this is what i found out.
A payday loan, also called a deferred deposit, is issued when a financial institution (a payday lender or check cashier) agrees to provide cash in the amount of the customes next expected payroll check for a fee. These short-term loans are required by state law to be paid in full before another one can be issued, and customers may not have more than two payday loans totaling $500 at a time. Internet payday lenders are not regulated in the state of Kentucky and are therefore illegal.
I also went to 4 lenders so I'm not sure if i will get in trouble for having more than the legal allowed which is two. I do live in Ky and it stats that it is illegal so this helped out a lot, now i don't have to worry much. Thanks again!
A payday loan, also called a deferred deposit, is issued when a financial institution (a payday lender or check cashier) agrees to provide cash in the amount of the customes next expected payroll check for a fee. These short-term loans are required by state law to be paid in full before another one can be issued, and customers may not have more than two payday loans totaling $500 at a time. Internet payday lenders are not regulated in the state of Kentucky and are therefore illegal.
I also went to 4 lenders so I'm not sure if i will get in trouble for having more than the legal allowed which is two. I do live in Ky and it stats that it is illegal so this helped out a lot, now i don't have to worry much. Thanks again!
Needing help, I'm not sure what you meant by saying you went to four lenders..was it simply to shop, or did you acquire loans from all four? That it's illegal might make one think that they wouldn't exist to begin with, but if they're there, I suspect they'll be able to enforce their loan(s) with you.
"State law" depends on what state you're speaking of, naturally. Not every state allows such loans to be offered.
"State law" depends on what state you're speaking of, naturally. Not every state allows such loans to be offered.
Federal Trade Commission - The Federal Trade Commission provides information to help consumers spot and avoid fraudulent practices in the marketplace, and can be contacted at the following:
FEDERAL TRADE COMMISSION
600 PENNSYLVANIA AVENUE NW
WASHINGTON DC 20580-0001
Phone: 1-877-FTC-HELP
Click here to search the FTC database to see if a particular company or product has been investigated for false advertising, defective products or other trade issues? Just search the Federal Trade Commission's (FTC) database.
FBI (Federal Bureau of Investigations)
Local FBI office: Click here to locate your local FBI office's address and phone number.
FBI Internet Fraud Complaint Center
The Internet Crime Complaint Center can best process your complaint if they receive accurate and complete information from you. They request that you provide the following information, if available, when filing a complaint:
Your name
Your mailing address
Your telephone number
Name of the individual or business that defrauded you
Address of the individual or business that defrauded you
Telephone number of the individual or business that defrauded you
Website and email address of the individual or business that defrauded you
Specific details on how you were defrauded
Any other relevant information necessary to support your complaint
Filing a complaint with the FBI:
How to file
Information Requested
National Fraud Information Center - non-government org - The NFIC was originally established in 1992 by the National Consumers League, the oldest nonprofit consumer organization in the United States, to fight the growing menace of telemarketing fraud by improving prevention and enforcement.
Latest fraud news
US Postal Service - The U.S. Postal Inspection Service should be contacted if you think you may have been victimized by a fraudulent promotional offer. You can contact them at the following address, or check the government pages of your telephone book:
US POSTAL INSPECTION SERVICE
OPERATIONS SUPPORT GROUP
222 S RIVERSIDE PLAZA SUITE 1250
CHICAGO IL 60606-6100
800-372-8347
Secret Service - If you ever receive an e-mail or fax from someone you do not know requesting your assistance in a financial transaction, such as the transfer of a large sum of money into an account, or claiming you are the next of kin to an wealthy person who has died, or the winner of some obscure lottery and suffered a significant financial loss related to the advance fee fraud (so-called "Nigerian scam"), please contact your local Secret Service field office. Telephone numbers are available in the Field Office Directory and may also be found on the inside cover of your local telephone directory. Any investigation regarding this type of fraud will be conducted on a case by case basis at the discretion of the local Secret Service and U.S. Attorney's Office.
State Attorneys General. Your state Attorney General or local office of consumer protection is also listed in the government pages of your telephone book.
Securities and Exchange Commission - The SEC has an online center for complaints and enforcement tips. Through this page you can file a complaint or provide the S.E.C with tips on potential securities law violations.
EConsumer.gov, a service of the International Consumer Protection and Enforcement Network
Tax scams: Whether by email, mail or phone send the information and a copy of the mail or email to phishing@irs.gov
Non-governmental Agencies and Organizations that can help with frauds
Better Business Bureau Contact the Better Business Bureau where the company is located.
National Fraud Information Center/Internet Fraud Watch The NFIC is a project of the National Consumers League, which helps consumers with information, referral services, and assistance in filing complaints. or 800-876-7060, TDD 202-835-0778. The information you provide helps to stop identity theft.
Call for Action, the international nonprofit network of hotlines working in partnership with radio and television stations, resolves consumer problems through free and confidential mediation.
CALL FOR ACTION INC
5272 RIVER ROAD SUITE 300
BETHESDA MD 20816-1405
1-800-647-1756
Nigeria – The 419 Coalition
Direct Marketing Association (DMA) member companies will assist you if you have a question or complaint or would like to request that your name be removed from their promotions:
Publishers Clearing House
Christopher Irving
Director, Consumer Affairs
Publishers Clearing House
382 Channel Drive
Port Washington, NY 11050
Tel: 800-337-4724
Time, Inc.
Rosalyn McDavid
Time, Inc.
1271 Avenue of the Americas
New York, NY 10020
Reader's Digest Association, Inc.
Reader's Digest Customer Service
1995 G Avenue
Red Oak, IA 51566
Tel: 800-635-5006
Suarez Corporation
Customer Service
Suarez Corporation
7800 Whipple Ave. NW
North Canton, OH 44720
Tel: 330-494-4282
Other Countries
Australia
Australian Securities and Investment Commission
Australia Scamwatch
Consumers online (Australian Government)
The Australian Communications Authority monitors the compliance of the legislation in Australia
FEDERAL TRADE COMMISSION
600 PENNSYLVANIA AVENUE NW
WASHINGTON DC 20580-0001
Phone: 1-877-FTC-HELP
Click here to search the FTC database to see if a particular company or product has been investigated for false advertising, defective products or other trade issues? Just search the Federal Trade Commission's (FTC) database.
FBI (Federal Bureau of Investigations)
Local FBI office: Click here to locate your local FBI office's address and phone number.
FBI Internet Fraud Complaint Center
The Internet Crime Complaint Center can best process your complaint if they receive accurate and complete information from you. They request that you provide the following information, if available, when filing a complaint:
Your name
Your mailing address
Your telephone number
Name of the individual or business that defrauded you
Address of the individual or business that defrauded you
Telephone number of the individual or business that defrauded you
Website and email address of the individual or business that defrauded you
Specific details on how you were defrauded
Any other relevant information necessary to support your complaint
Filing a complaint with the FBI:
How to file
Information Requested
National Fraud Information Center - non-government org - The NFIC was originally established in 1992 by the National Consumers League, the oldest nonprofit consumer organization in the United States, to fight the growing menace of telemarketing fraud by improving prevention and enforcement.
Latest fraud news
US Postal Service - The U.S. Postal Inspection Service should be contacted if you think you may have been victimized by a fraudulent promotional offer. You can contact them at the following address, or check the government pages of your telephone book:
US POSTAL INSPECTION SERVICE
OPERATIONS SUPPORT GROUP
222 S RIVERSIDE PLAZA SUITE 1250
CHICAGO IL 60606-6100
800-372-8347
Secret Service - If you ever receive an e-mail or fax from someone you do not know requesting your assistance in a financial transaction, such as the transfer of a large sum of money into an account, or claiming you are the next of kin to an wealthy person who has died, or the winner of some obscure lottery and suffered a significant financial loss related to the advance fee fraud (so-called "Nigerian scam"), please contact your local Secret Service field office. Telephone numbers are available in the Field Office Directory and may also be found on the inside cover of your local telephone directory. Any investigation regarding this type of fraud will be conducted on a case by case basis at the discretion of the local Secret Service and U.S. Attorney's Office.
State Attorneys General. Your state Attorney General or local office of consumer protection is also listed in the government pages of your telephone book.
Securities and Exchange Commission - The SEC has an online center for complaints and enforcement tips. Through this page you can file a complaint or provide the S.E.C with tips on potential securities law violations.
EConsumer.gov, a service of the International Consumer Protection and Enforcement Network
Tax scams: Whether by email, mail or phone send the information and a copy of the mail or email to phishing@irs.gov
Non-governmental Agencies and Organizations that can help with frauds
Better Business Bureau Contact the Better Business Bureau where the company is located.
National Fraud Information Center/Internet Fraud Watch The NFIC is a project of the National Consumers League, which helps consumers with information, referral services, and assistance in filing complaints. or 800-876-7060, TDD 202-835-0778. The information you provide helps to stop identity theft.
Call for Action, the international nonprofit network of hotlines working in partnership with radio and television stations, resolves consumer problems through free and confidential mediation.
CALL FOR ACTION INC
5272 RIVER ROAD SUITE 300
BETHESDA MD 20816-1405
1-800-647-1756
Nigeria – The 419 Coalition
Direct Marketing Association (DMA) member companies will assist you if you have a question or complaint or would like to request that your name be removed from their promotions:
Publishers Clearing House
Christopher Irving
Director, Consumer Affairs
Publishers Clearing House
382 Channel Drive
Port Washington, NY 11050
Tel: 800-337-4724
Time, Inc.
Rosalyn McDavid
Time, Inc.
1271 Avenue of the Americas
New York, NY 10020
Reader's Digest Association, Inc.
Reader's Digest Customer Service
1995 G Avenue
Red Oak, IA 51566
Tel: 800-635-5006
Suarez Corporation
Customer Service
Suarez Corporation
7800 Whipple Ave. NW
North Canton, OH 44720
Tel: 330-494-4282
Other Countries
Australia
Australian Securities and Investment Commission
Australia Scamwatch
Consumers online (Australian Government)
The Australian Communications Authority monitors the compliance of the legislation in Australia
worthy info
how can you get the ACH number?
Hi kasey,
It will be a 9 digit number. You need to contact your bank in order to get the ACH number.
Thanks
It will be a 9 digit number. You need to contact your bank in order to get the ACH number.
Thanks
They cannot arrest you that easy. If they want to get you arrested they will have to take certain measures like filing a case against you.