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VC FUNDING harassing me

Date: Tue, 07/03/2007 - 13:05

Submitted by anonymous
on Tue, 07/03/2007 - 13:05

Posts: 202330 Credits: [Donate]

Total Replies: 8

VC FUNDING harassing me


THESE folks are harrasing me...I took out a loan for $200.00 with a $50.00 fee.

They have deducted their fees every pay paeriod up until i closed my account due to another PDL company debitting me 7 time in one day, overdrafting me each time.

All the same, they called me today to collect $550.00 from me. Double the amount i borrowed. I told them i would only repay what i owe and what i bored NOT double.

They said they would garnish me in that case....and or take me to court.

What do i do....

I have 3 store fronts in the amount of $1800.00 3 Online in the amount of $800.00...Are there consolidation companies to stop these folks from attacking my paycheck?

Also, VC funding whats their story? They are online.

I live in DC, dont know where they are...


Hi, welcome to the forums. You have come to the right place. Please tell us how much each loan was for and from which lender. Also, how much you have paid each one so far and the State that you live in. That way we can help you determine what you legally owe.
You must close your checking account immediately so that you can breathe and deal with these companies on your terms, not theirs. The store fronts will have to be paid. Try to make arrangments that you can actually afford. Tell your payroll dept that you need to get a live paycheck for a while. They can????????t refuse by law. They can threaten all they want but to garnish they have to go to court. They won't because they are probably operating illeglly.


lrhall41

Submitted by Frogpatch on Tue, 07/03/2007 - 13:13

( Posts: 5381 | Credits: )


File complaints against this company, they will go away. I'll wait to be corrected on my own experience, but I know they went away after my Attorney General's office got involved, but what do I know....only lived it. Gist here.....file a complaint with your Attorney General's office against them.


lrhall41

Submitted by WHEREAMI? on Tue, 07/03/2007 - 13:19

( Posts: 5263 | Credits: )


Check N Go- Storefront loan amount was $875.00, paid back $992.00 and still owe $875.00, acording to them $992.00 was their fees.

Ace Cash - Storefront, Loan amount was $400.00, paid back $350 in fees, still owe $420.00

First Cash Advance- Storefront, Loan amount was $690.00, paid back $600.00 in fees, still owe $690.00.

VC Funding- Internet Loan, Borrowed $250.00, paid back $200.00 in fees, Still owe $550.00 according to them.

Paychecktoday- Internet Loan, Borrowed $260.00, Paid back $180.00 in fees, Still owe $260.00

Impact Cash Loans- Internet Loan, Borrowed $150.00, Paid back $250.00 in fees, Still owe $150.00

I closed my account finally after so many NSF fee's and loosing control of all the debits. Right now i am facing eviction as i fell behind on my bills and rent.

I wasnt able to find any payday loan consolidation company that would work with me. They said i didnt owe enought.


lrhall41

Submitted by anonymous on Tue, 07/03/2007 - 13:20

( Posts: 202330 | Credits: )


What state do you live in? If you can set up arrangements with the store fronts you can deal with those PDLs yourself. They can't force you to pay more than you owe legally. Take Steelers personal experience and run with it. You probably legally owe them about 60.00 or 70.00. I can't believe the interest the storefronts charge.


lrhall41

Submitted by Frogpatch on Tue, 07/03/2007 - 13:33

( Posts: 5381 | Credits: )


I tried with the storefronts, they told me that the minimum payment i could afford, whcih was $50.00 every paycheck for each PDL was not good enough and that they would still garnish me. They wanted the whole amount or atleast $100.00 per payperiod. I couldnt do that, it would add up to more than $400.00a month....So now i am stuck.

Ace was the worst, they openly told me my $50.00 wasnt good enough!


lrhall41

Submitted by anonymous on Tue, 07/03/2007 - 13:49

( Posts: 202330 | Credits: )


I tried with the storefronts, they told me that the minimum payment i could afford, whcih was $50.00 every paycheck for each PDL was not good enough and that they would still garnish me. They wanted the whole amount or atleast $100.00 per payperiod. I couldnt do that, it would add up to more than $400.00a month....So now i am stuck.

Ace was the worst, they openly told me my $50.00 wasnt good enough!


lrhall41

Submitted by anonymous on Tue, 07/03/2007 - 13:49

( Posts: 202330 | Credits: )


VC funding called you? Wow. They never once harrassed me. They just sent me right on over to Bassholes after two weeks of so called non payment! They are not going to take you to court...in fact, I cannot even locate any contact information on this company that is legit!


lrhall41

Submitted by Leah on Tue, 07/03/2007 - 13:51

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