Announcement

Collapse
No announcement yet.

Payday Loan Hell: Being threatened with jail for fraud, bad check writting

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

  • Payday Loan Hell: Being threatened with jail for fraud, bad check writting

    In all good conscience, I have repaid nearly all of my payday loans, but I got into serious debt in late 2009, lost my house, had to obviously move, now have astronomical rent as well as utilities, etc. I have been receiving calls from two "collectors" of payday loans at work. I've asked them NOT to call me at work, and that they can either email me or snail mail me, but they insist on calling me at work. I don't have mailing addresses so I can send out certified letters to stop and desist. Yesterday, I was literally scared to death by one of them threatening me with jail for fraud, bad check writing, theft, and something else. The first thing out of his mouth (after he spewed something in his native tongue 'Pakisanglish,' was, "give me the name of your attorney, so I can communicate with him about your debt," or something along those lines. I could barely understand him. It was horrible. All I heard was "jail." I questioned who the original loan was with, and another 'Pakistani' came on the line. His 'Pakistanglish' was just as bad, but what was really hilarious is that he said his name was 'Matt Watson!' Yeah, right. I was pretty scared, being at work and all, so I agreed to fax him a letter indicating I would pay $300 on 1/29 and the balance of $379.83 on 2/26 (my next pay dates). I indicated I would pay with a credit card (really my bank debit card). This seemed to satisfy him. I asked him if he would call me when he received the fax, and he said he would. I waited an hour, and no phone call. I called him back at the number he left, and the first 'Pakistani' who threatened me answered the phone with some unintelligible name. I asked for the extension I was given, and he said "what is YOUR name?" I, of course, could not understand his barely discernible broken English, so he had to repeat this request several times. I gave him my name and he said some other unintelligible gibberish, then said, "Hold on." This God-awful tinny Chinese toy music blasted into my ear, so I held the phone away from my head. After 20 seconds, the music stopped, and there was total silence. The line was not disconnected. I waited two minutes, then hung up. I immediately called back and instantly got a voice message indicating to leave my name, etc. I said, "This is Jane Doe (not my real name), and I do not believe what you did to me was legal. I am stopping payment on our arrangement." I then hung up and thought, 'I'll try the number again to see if he answers this time.' Got the voice message again, so just hung up. I then immediately called my bank and had my debit card cancelled and ordered a new one. Today, one day later, I have been called twice at work and I've told them, "[She] is not available." They said, "Do you know when she will be available?" I replied, "You were told yesterday NOT to call her at work. She cannot receive these types of calls at work." With that, I hung up the phone. Within five minutes, I received a call from my sister-in-law that she'd received a call from "Martin Paulson," a Hindu, asking for me. I honestly cannot remember which payday loans I've paid, and which I've not because it has been so long since I took them out. Does anyone know if these people actually take people like me to court for amounts under $1,000? And if the answer is yes, what can I do to stop this action, if anything? I appreciate any and all suggestions and/or truths to my inquiries.

    Thank you.

  • #2
    re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

    Normally they will not go to court, but it will go on your credit report.

    Comment


    • #3
      re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

      Hello Scook,
      I am having the same problem with a Officer Robin Wilson from the Department of Law and Investigations. I am in the process of consolidating my debt which consists of a number of pay day loans and 2 credit cards because I fell on hard times in the last 2 years. In the last 2 days, I have received phone calls from this gentleman with an East Indian accent and an American name claiming that I owe $961.00 and I can settle for $535.00 if I pay before the end of the month. I was in the process of setting up a payment plan when I decided to go through my debt consolidation company instead. It was the strange requirements of a written fax that they wanted that cued me something was amiss. He asked for all of my banking information, wanted me to specifically state that they had authorization to debit specific amounts out of my account using my account information, and that I had to formally apologize for causing this debt and then have notary sign it. I was supposed to fax it to them. However, the next day, I decided to turn it over to my debt consolidation company because it was indeed a creditor that I had enrolled in the program (CashNet). That very same day, I faxed over my "cease and desist" letter and they immediately began calling my work number asking for me. Because I work at a college, the secretary can only give out email addresses (of which, I'm very grateful). Not that they didn't already have my phone number. Anyway, they called her extension at least 20 different times using a "001" number as a callback number which was the same number that called me. Finally, one of the office assistants decided to Google the "Department of Law and Investigations" and find that there have been countless scams reported concerning pay day loans, government grants, etc. that involved this so-called department. There are always East Indian-speaking men with American names on the other end and it seems that the same person always answers the phone. When I finally did get a phone number, we looked it up online (970-344-3002 and 206-494-9652) and found numerous individuals who experiencing the same problem with different names, numbers, but always the same Department of Law and Investigations, the same threats, etc...I contacted my debt consolidation company and they are investigating this issue for me. If they are not able to come up with some answers, I will call the FBI and also report these people to the FTC because they are in violation of countless laws that are part of the Fair Debt Collections Act. You should definitely investigate this further before giving them any money.

      Comment


      • #4
        Re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

        This is often a scam run out of India.

        They do not even have the debt.

        I will post another link I saw here in the forum.

        Comment


        • #5
          These sites will make the pay day loan companies compete for your payday loan and as a result you’re in a position to select the particular one that was able to present you the most effective rate. As an alternative, the most efficient solution to get a number of quotes, is always to utilize a multiple loan service site that is definitely associated with many reputable payday cash advance loan merchants.

          Comment


          • #6
            Re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

            yes they can threaten you for the recovery but don't worry they can't put you behind the bars..they have to sue you for the recovery...you just consult a good financial advisor about the payday loans laws in your state and to check that they are licensed in your state or not...

            Comment


            • #7
              Re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

              These kind of hurdles come in life thry usually go for finance & Payday Loan settlement.

              Comment


              • #8
                Re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

                people often say payday loans are bad but Without these kinds of places, we could not have made it through the crisis that popped up unexpectedly in our life.
                Same day loans Australia - Get the cash you need today

                Comment


                • #9
                  Re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

                  This will show in your credit report and that might create you problem and can threaten you for the recovery.

                  Comment


                  • #10
                    Re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

                    I am confused why so many complain about payday loans by saying, "The APR is too high!" What is APR? It's the amount of interest you will pay if the loan is out for a year. One problem, payday loans are for 1-2 weeks, not a year. So why should so many be concerned about the APR of a payday loan? They shouldn't.

                    Comment


                    • #11
                      Re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

                      Those loans are a rip off!

                      Comment


                      • #12
                        Re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

                        You're not to smart.

                        Comment


                        • #13
                          I work for a major payday loan company and depending on your state laws about the only thing they can di uf you default on your loan is report it to the credit bureaus. Some payday loans companies will work with you to create a payment plan. However keep in mind that if you default on your loan they recuperate their money by selling your information to other agencies.

                          Comment


                          • #14
                            Guys stop with the catty rasist comments... They are doing a job and deserve respect.. It's not their fault they deal with worried tense people due to debt

                            Comment


                            • #15
                              Re: Payday Loan Hell: Being threatened with jail for fraud, bad check writting

                              I too have been called repeatedly at work by people I can't understand. I have not received a call since I told them to take an English class and then call me back. I also told them that I have rights and they are not suppose to be threatening me. I finally told them to contact the courts and I would deal with the courts directly. I have not heard anything from anyone since.

                              Comment

                              Previously entered content was automatically saved. Restore or Discard.
                              Auto-Saved
                              Stick Out Tongue :p Smile :) Wink ;) Mad :mad: Big Grin :D Frown :( Embarrassment :o Confused :confused: Roll Eyes (Sarcastic) :rolleyes: Cool :cool: EEK! :eek:
                              x
                              Insert: Thumbnail Small Medium Large Fullsize Remove  
                              x

                              the color of milk is... (write the answer twice with an "@" between the words)

                              widgetinstance 213 (Related Topics) skipped due to lack of content & hide_module_if_empty option.
                              Working...
                              X