CashCall

I know Cash Call is licensed to do loans; however, aren't these illegal collection tactics? Has anyone (and I know there are a lot) dealt with Cash Call and been in this situation so that we can help and find out what can be done to stop them from calling this person's place of employment? And, also, how to go about making complaints regarding their collection tactics???

Yes these are very illegal collection tactics! All cash call is: a loan shark! They are worse than the PDL's!

Since Cash Call is licensed then they must complay with the law...which they broke with the illegal collection activities...would it help her to contact the AG or DFI for Texas??

I think your best bet here is to contact your state's Attorney General, and perhaps the state's Attorney General for California, where Cash Call is located. Report the incidents to them both. Find out the laws regarding recording phone calls for your state, and if legal, record some of those threatening phone calls and save any messages you receive. Document in writing the dates, times and content of any phone conversations you have with this company. Make sure you take names of the people calling you. If you have a copy of the cease & desist letter you sent them, keep it for presentation to your Attorney General with your complaint, if they request it.

Don't let them get away with this. Just because they are backed by a bank, and therefore are a legal lending entity (although hiding behind that front and performing what amounts to loan sharking), doesn't mean they can break the law under the fdcpa.

If you sent them a cease and desist letter, and they did not honor it, sue them in Small Claims court. They have violated the law, and despite popular what some might say, they DO have to follow collections laws, even if they are the original creditor.

report them to the scc

There are also state collection laws, which I would think they are breaking. The fdcpa only applies to thrid party collectors, but most state have similar laws for the original creditor too.

I would call your state's DFI and see what they suggest. I would bet they have had many complaints against this company in the past.

Well........Yep!....I had obtained a Cash Call loan, as well. Same thing happened.....they called my employer..and so forth. I was a month behind, in a payment. They said I owed all of these fees, etc. Here was 'the deal', in my case. I am in the military. My 'chain of command' stepped in. Since that happend, I haven't heard from them since. HOWEVER, Cash Call can come back and try to sue.ONLY at the % rate of the state u live in. Here is my question.......I do have some Payday loans' haning out there'. Does anyone know how I can consoladate them, without the high % they ask for?? Thanks=

Yes - We can help you sdchargers.

Please post the following information:

What state you live in?

What companies you have borrowed from?

How much?

And how much have you paid back so far in fees?

I know that in some states there are special laws regarding payday loans and the military.

As far as Cash Call goes - I would be a bit worried. What they are doing is waiting for a while before they sue you. As you know, once they sue and get a judgement against you the interest rate is set per your state. So they will wait and wait before they sue you so that your loan amount grows and grows. If your interest rate is consistent with their normal rates, a $1500 loan could go up to $3000 in just 8 months . . . . Add on their late fees, nsf fees, and such, and you will owe a ton on that loan in no time flat.

This is Dizzygrl28:

Well I was talking with the daughter of my mom's friend and she was telling me that I should let them take me to court. She said she defaulted on a loan with them and they harrassed her for about a year and then finally took her to court. When they did, she was able to work out a deal with them where they waived all her interest, applied any past payments to her principal balance and as long as she makes payments on the remaining balance of $75/mo, then they won't put it as a judgement or write off on her credit. They're not even assigning her wages for the $75/mo.

Also, I called to make a harrassment complaint against the man who called around my job and was told by another rep that "between her & I, the company was severely in debt by the millions and about to shut down due to defaulted loans and she is seeing some of the collection representatives taking aggresive tactics to try and make people pay back their loans", almost like fight or flight. I found it quite interesting that when I checked the BBB site, that this company had over 400 complaints in the past 3 years for not abiding by the terms of their contract, but were still getting an A rating.

Well..........since my 'chain of command' ( in the miltary ) stepped in, I haven't heard from them since....and that was in March of this year.I have talked to different lawyers, etc. and they are telling me the same thing..........the % rate, Cash Call holds, is aqainst the law. I live in the state of Pennsylvania. I've barrowed from other Payday loans, as well. Cash Call I barrowed $2500. Other payday loans was about $700 all together. Thanks for the reply. Just trying to get somethings off of my credit......get alittle bit ahead. Being a single mom is tough. Was wondering if anyone knows any legit work, from my own PC, to earn some extra income...or any ideas toward this subject? Thanks for your reply.