CashNetUSA - PIF?

Cashnetusa seems to be almost Schizophrenic in their behavior. I got a call from a nice woman who told me I could make payments by mail because my account was so seriously overdrawn. She told she would email the information in writing as to the amounts and where to send them. Never sent anything. Then they tried again to debit my account. I sent an email to there collections and nobody responded. Then I get a call at work, after they were told not to call me at work, by a rude woman who said that they gave me the money through my account and they want it the same way. I tried to tell her the law forbids cumpulsory elecronic payments but she just kept yelling at me a hung up in my ear. I sent an email to them to complain and got a response that I would be contacted within 24 hours. It has been 24 hours and no contact. I am sending them a certified letter telling them that I have tried to settle with them but their employees make it imposible. I am also letting them know that I am filing complaints about their harrassment and illegal refusal to stop the ACH withdrawals. They are licensed pretty much everywhere and seem to keep within most state laws as far as interest is concerned.
If I were you I would send them a certified letter telling them that a cashiers check was mailed to them and for them to cease and desist from any further attempt at collections and demand a paid in full from them. Did you send the check by certified mail with a return receipt? If you didn't I would wait a week or two and stop payment on it and send them another via certified mail. Good Luck. And to think that these people are one of the better companies out there.

Good point, frog. Whenever you mail a payment in, PLEASE send it certified return receipt. That way you have documentation and you can also track it on line yourself and see when it was received. Like I always say, documentation!!! :)

I only sent the payment regular mail (I know stupid!) just figured it wouldn't be a issue but know I'm starting to worry we finally got our regular bills back under control and current and now I'm worried about having more issues with them. I do know nobody has cashed the check yet I got a automated phone number from my bank to check. Ill give it till next week if its not cashed Ill resend another after stopping payment of course.

Definately! Do your "stop payment" or whatever and mail another. Just remember to mail it certified with return receipt! :wink:

Do you think I should wait till next week or do it asap. It's been 4 weeks already and they said its taking them 4 to 6 weeks to post?

Personally, I would do it Monday. If they're that "backed up" as they claim to be, maybe it'll get processed over the weekend. However, if Monday rolls around, check and see if it's been cashed. If it hasn't, then I'd go ahead and do it Monday. 4 - 6 weeks to open & process though? Good Lord!

I know its crazy and on top of it there still sending notices everyday. Thanks for the advice I'll do that on Monday if nothings happened by then!!

Keep us posted! I'm curious now!

What is with cashnetusa? I emailed them to stop calling me at home and work and inquired about my balance due. They are rude when they call and I told them I can't get calls at work. I am in PA and borrowed $250 but paid $370. This is the response I got in return.
"The reason you have paid $370 and your account is still in default for
$187.50 is because you received 4 extensions on your account. You will
be held responsible for the remaining balance. Also, until there is
an acceptable payment arrangement set up on your account, collection
procedures will continue. Meaning you will continue to receive phone
calls and emails.

Thank you,
Collections Department
CashNetUSA
Phone: (888) 801-9078
Fax: (866) 326-5265
cashnetusa.com"


Other posts I've read said they are easier to work with but I'm not seeing it. I can't believe I still owe them. Also the first email from them said they wanted $167.50. It's gone up $20!

Did someone post your PA laws regarding pdls'? So that you'll know how much you legally owe them? And, are they apparently doing their "own" collections? Not a third party agency? I'm assuming that from their email to you. Anyway, do you know what you legally owe them according to PA law?

Problem with PA laws is the the way they are worded they only apply to companies located in PA. So internet companies are allowed to be licensed in another state and lend under those laws. Cashnet USA lends to PA residents under it's Nevada license. So you would have to check Nevada's laws to see if they are following the laws for a loan to a PA consumer.

I'm a little confused. How are they going by Nevada laws. When I check them on BBB site they have 2 addresses IL and Fort Worth TEXAS. Nothing noted for Nevada.

That is a good question. I have found (amazing enough) that when some of my pdl's responded to the BBB, they had an address that was NONE of the ones I had! I'm looking at it thinking "What the hell?" So maybe they're "corporate office" is in Nevada? Or they've moved so many times (surprise!) that the address that the BBB has is outdated? Lord only knows. You'd have to find out EXACTLY where the hell they are to find out anything about that state! And it's hard! They move so much, they don't give out their "real" address. Hell, I had 2 pdl's that I said I would pay with money orders and they gave me some off the wall addresses that weren't ANYWHERE on any of my papers! I was like "Okay, now I have ANOTHER address for this company!" So, of course, when sending the money, I sent it certified with return receipt and then hounded them by email to send me a PIF. They do this crap to be slick and not get caught.

Cash Net USA is licensed in almost every state that lending is legal. So they just pick and choose what state has the "best" laws and use that license in the states that allow them too. They don't necessarily have to be located there, just licensed there.

Does anyone know AL laws?

please find Alabama state info here http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

Well CashNetUSA finally posted my payment and Account is PIF it took them 5 weeks from the time they recieved the cashiers check to apply the payment!!
How crazy is that???

They are an awful company to deal with. They work with two personalities. They send settlement offers that are already expired when you get them. If you call you get a nasty demanding person one time and a nice concerned person the next time. Be glad you are done with them and move on. I wish I could. They are my last one out of several. At least right now.

Frogpatch, I know there really something. Now I'm dealing with Westbery Ventures and they are even worse. I feel like I'm getting nothing accomplished with them!!! Good Luck!!

Stillnuts, congratulations on your paid in full letter! HOORAY!!! Let us know if you need help with Westbury. I have dealt with them and they are a serious pain in the rear and they make so many illegal threats that it is unbelievable. Do not let anything they say scare you because they are full of it!

Sassnlucy, I've been getting emails for Westbery everyday demanding the name of my attorney and my immediate supervisor. I had sent them a letter to remove wage assignments and no communicaton besides USPS or email. Also reported them to the BBB and AG a little over a week ago(no reponse as of yet!). The orig. loan was for 300 and I've paid 180 so I'm tring to get them to settle for the balance that I legally owe by my state laws. They are not licensed in my state and the law has a intrest cap on non-lic lenders. Should I pay the rest of what I know I legally owe them or wait till they agree on a PIF for this amount? There emails are getting more and more demanding. Has anyone been taken to court by them? Do I need to be concerned about this? I've been in email contact with them everyday and not getting anywhere the will not provide me a mailing address and they will not accept my PIF in writing they just keep responding with "send it in!". I'm getting flustrated with this!!! Thanks!

Who is the person sending these emails to you? I dealt with a couple of them and they were so nasty. Do not tell them anythning. They are not going to take you to court, they are operating illegally. One thing you could do is send them an email and let them know that you have reported them to the BBB and your state's AG and that they are operating illegally and propose that you pay the $120 and ask that they mark you PIF. They do not want to have to deal with the AG's. They CAN do this-they sent me an agreement saying if I paid the principle they would then mark me PIF. Do not let them scare you. They are seriously idiots and their threats are empty!!!

What people fail to realize is that they need to "research" the company they decide to get a loan with. Research the state regulations and ASK QUESTIONS. That way you can't be "GOT." If you are having problems with your bank account, come time of the loan coming due, then send a Money Gram or Western Union payment. There are ALWAYS options, people just WAIT til the last minute to make arrangements & by that time its too late. Yes sometime PDL companies are scams but PEOPLE need to step up there knowledge and make some better decisions and stop blaming the PDL companies.

FYI....WHEN SEARCHING FOR PDL AND YOU DON'T GET A LOAN WITH THEN, YOUR "CREDIT MODEL" IS STILL BEING RAN WITHIN THE PDL. WHEN YOU FIND A PDL THAT YOU WANT TO GO WITH, GO DIRECTLY TO THEIR WEBSITE. DON'T "SEARCH" THE WEB FOR A PDL. THIS ALLOWS ALL THE OTHER PDL COMPANIES TO GET YOUR INFO.

Thank you, guest. :D However, that's why we're all here. We were uninformed regarding laws, licensing, etc. when we all did this. Now we have a community of people who have learned "the hard way" and are passing knowledge on to others. We are not blaming the pld's. We are aware we took the loans out. However, we were unaware that the majority of pdl's are unlicensed/illegal. We were unaware that the majority of pdl's are located outside of the US. Once we gained knowledge and found out our rights and laws, that's when we step up and say "We've paid way over the legal limit of the loan." If you've been reading the posts on this site, you will notice that the majority of the members pay back the principle amount of the laon. No one is trying to "blame the pdl" or "get out of paying". We are just trying to stress what the law allows when these pdl's are debiting money out that isn't allowed. Or the pdl isn't even actually licensed to do business. Even in that case, the majority of these people pay the illegal pdl the principle amount back. And, also, if you read the posts, we all stress that this is a "learning experience" and we've all learned not to take out pdl's again. :D

We have used them before.. we won't even go there. There are better sites like cashloancity.com but I would say only take out up to $500.