SSM Group LLC has overdrawn my bank account. How to stop them?

From what I've read on here, I was actually expecting something like that. I still have had no contact from any of the companies.

If I don't hear directly from them but I do have an address, should I go ahead and send payments to the address I have?

Personally, since this is an unlicensed/illegal company and they are still "messing" with you regarding debiting your account, I would wait. I wouldn't send them a thing until this whole thing is cleared up. Just my opinion.

I wouldn't send them anything either. Especially SSM Group. I just received a call from them and they are no longer going to debt my account and that my account with them is PIF!. They actually said that I didn't have anything noted on the account to where I couldn't borrow anymore from them and that if I needed their services in the future to contact them and they will help me again. Yeah right! :lol:

They are the strangest bunch out there!

YAY, SStacey!!! I'm glad you got that settled. Did you laugh at them on the phone?

I'm not sure how far in advance these withdrawals have to be set up so I'm not sure if SJM Marketing set this up yesterday after getting my fax or the other day when that lady got snotty with me and I got snotty back. (I don't handle snotty people very well.)

Yeah..........the lady got snotty with me yesterday as well but today she was very nice and I think the words "I'm sorry!" came out of her mouth 15 times in a 10 minute converstaion.
I hope you see im_screwed, you can win! So I see that 2 of us today got a PIF! That's wonderful news! I have a lot to be thankful for tomorrow that's for sure.

It is a good day! And many times they will try to debit whatever they can as soon as they find out that you revoke debit authorization becuase they know what is comming next.

I heard back from SSM Group. I feel like replying to this lady's email and letting her know I never saw these loan documents before and had to search for information online to even find the company. Here is her reply:

"I have forwarded your information to the lender. I am forwarding your loan packet, please refer to the governing law which is listed on your loan note and disclosure. The laws your are referring to is pay day loan companies which run their business in your state. If you have any questions or concerns after reading over your paper work, please feel free to ask me.

Kristina"

dumplin, this is a standard response. You need to stick to your guns and keep sending the same information. Regardless of what is listed on your packet, the governing law is your state law.

Should I mention that they deposited and removed funds from my account without my approval? This is the company I had to search for to find.

I had one that did that and Idid note it in every letter to the company and complaint I filed. I also listed the date they deposited the $$.

Thanks, Roxy. I emailed her back. According to the bank, my account should be closed tomorrow morning.

Yeah for you!!! Just keep e-mailing and sending the same information....Congrats on the bank.

I'm finally starting to hear back from these companies but it took my bank rejecting the payments before they contacted me. Here's the latest one from Paycheck Today and my reply. They didn't even bother to put my name on the "Dear:" part!

funny that they didnt evern put your name on it...its a form letter.

good response to them from you.

dumplin, you will get fourm letters...some of us get one every tuesday... :lol: Anyway..keep responding in the same manner and keep documentation on everything you send...When I responded I added my letter I originally sent them too...Good job on the response.

I got a response from them. Evidently they want me to buy a pre-paid visa? How should I respond to this? Should I get a pre-paid visa to make payments? They are still refusing to give me a mailing address.

"ok i apologize for the lack of reponse but we do not accept money orders. you will need to purchase a pre-paid visa to make your payments. if you were going to obtain a money order then just purchase a pre-paid card it the same thing."

This is for Paycheck Today, correct? The MTE Financial devil worshippers? :evil: Email them back and ask them why you can not mail your payments to:

Paycheck Today
Phone: (866) 756-0600
Fax: (800) 671-0131
Address: 515 G SE
Miami, OK 74355
Website: paychecktoday.com

There is no harm or danger at all in using a pre paid visa to pay them. They can only take what you put on the card. it is perfectly safe to use.

I have dealt with Kristina. I want you all to know that I have successfully gotten my overpayment and overdraft fees back as of yesterday! I am excited!

Dumplin - How much did you borrow and how much have you paid in? I have just let my bank take over and they got all my money back! I have been on cloud 9 ever since.

Yes, this guy is from Paycheck Today. I will ask him. I will use a pre-paid visa if they require it but I will not listen to their harassment over the phone.

YAY!! I'm so glad you got everything straightened out.

THought this might help- EME is also PlatinumB Services aka SJM Marketing. Found this out by getting the same person when I called there as I was calling another place.

Believe it or not, they have yet another name, Nevis Marketing.

ok I'm officially freaking out about all of this.

I was surfing online for the possible OPTION of a pdl to help my husband and I get through a VERY rough patch (our geothermal well broke we had no hot water and no heat...we were desperate).

Anyway I have had experience with pdls before but the one place I fully trusted apparently can no longer opperate in Oregon so I tried to find a place that could...I didn't realize that these things could be illegal..I am such an idiot I can't believe this,..

Anyway normal pdls have you fill out paperwork and then they make a loan "offer" and you accept or deny it. Problem is I found a site that apparently has no such thing...I filled out the form and waited for the page to pop up askin g me to accept the loan or not and it never came..instead I got emails from 17 different companies telling me I had been approved for the loan and the money would be in my account by the following Monday (all this happened on a Friday) I was able to tell all but ONE company that I did not want the loan and to cancel it immediately..they all said they did and nothing has happened in my account as of yet. However the one place I didn;t get to the phone to in time was SSM group which came up on my caller id as OSL Marketing. My husband and I decided to keep that loan for $250 and just make sure to fax them a letter stating that they need to take the entire principal amount (plus a $75 fee apparently) on our due date.

I called the company to be sure that we would be able to do that and the lady on the phone said we could and said that our funds would be in our account by monday unless our bank has an ach that delivers on saturdays. Well it is now Tuesday and we don't have the money and I looked over the "contract" they sent me via email that states that the fuinds are not guaranteed by any date or time. So what am I supposed to do sit around and worry about when they are actually going to send the money to my account?

And now I read these threads and find that they are probably unlicensed/illegal and I'm biting my nails hoping that they don;t just start charging my account without ever sending me any money or anything...

What can I do?

I am from Oregon
My pdl is with SSM Group/OSL Marketing
My pdl amount is $250.00
Total payoff amount is $325.00
payment due date is 12/21/2007

Please help...

Well, garnetcox, you can wait and see if the money shows up tonight maybe. SSM/OSL is one of the ugly ones. I'm not going to lie to you. If you do get the funds, make sure you have them debit the entire amount due on one date. If you can, get it in writing. These guys will not be licensed/legal. Watch your account closely. And, I'll be honest, if you do receive the funds and they debit the correct amount on the correct date (which I will find amazing!), I would close that bank account so fast, your head would spin. You do NOT want these people to have access to your bank account. Right now we can only hope for the best. Since the money hasn't shown up yet, there's nothing to do yet. Unless you want to call them and tell them to take the money back right now. Just tell them you "changed your mind". Or you can have your bank reject the deposit. Either way, take the money or return the money, these guys still have your bank account information. I, for one, would not want them to have mine.

SSM Group, LLC 866-516-3100

Good luck!

One of the pdls (Paycheck Today) has turned me over to a collections agency. Of course, the amount they have is not the amount I told them I would pay in the letter I faxed and emailed. What should I do? I contacted the collection agency and told them I had a different amount. I'm supposed to fax them a copy of this letter. Any suggestions? Or should I post this on the collections agency board?

Well, I faxed the collections agency the letter. I haven't heard anything from them yet.

Hi I was trying to figure out who ssm group was cause they debited my account and I never signed any agreement papers-- in fact never heard of them. How do i contact them - I have no info on them what so ever ( I live in ky)

Ashley, they are a pay day loan comapny. Here is the phone number listed at the top of the page.SSM Group, LLC 866-516-3100 . Did you apply for or do you have a pdl with another company? If not, You need to go back through your bank statements and see if they deposited anything in to your account and you most certainly need to dispute this debit with your bank if you have never applied or agreed to a loan with this company, problem is, they will continue to debit your account no matter what you do. You are more than likely going to have to close the account and open another. Internet pdl's are prohibited in KY so you do have that on your side. Please check on the stuff I have posted and let us know what is going on. You also may want to start your own thread so it will be easier for us and you to find you again. There are several members from KY who can help walk you through this and answer any of your questions.

I had the same problem w/ ssm group llc, us internet pdl's prohibited in nebraska

I applied for a payday loan a while back and ended up getting a deposit from SSM group llc in my account never heard of them never recieved anything from them. I finally got info on how to contact them from my bank. called and told them that i did not want the loan to take the money back out of my account. They never did and claimed that the moneyt was not there the next day. The money sat in the account for a month before it was ever touched. since then they have been taking 75 dollars every other week i have now paid them almost 900 dollars on a 300 dollar loan my bank won't stop them from taking money out and i have contacted the company several times about not taking any more money.... Please someone tell me what else I can do.....
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Please list your state, amount you borrowed, amount paid ect and someone will come along with help for you. You might also want to read the information at the top of the page on closing your bank account. The scumbags never stop debiting your account.

I live in NC and had ended up with 300 dollars and since the deposit i have paid the 965 dollars for this loan

If you find out who ssm group, llc is please let me know. they have debited my account for what seems like forever. I know I have paid back all fee's. But I don't even know how to get ahold of them to find out what is going on. Most companies email a statement every once in a while at least.

Hey Fish_Slayer SSM Group LLC has been debiting me to and contacting them has done me no justice there phone number is 1-866-463-2130.....they have been taking money from my account since july and still are.... I have contacted them several time and told them to stop and they haven't....i am now going through the bank commerce and the attorney genrel trying to find out what else I can do......If you find something that might help me please let me know.... And I will do the same

Unfortunately they may continue to debt your accounts if they remain open. You might want to read the sticky at the top of the forum about closing your bank account. Meanwhile someone should be along soon to answer your questions. You can also do a search about SSM on this site and maybe you will find more info

I applied on line via SSM Group LLC, when they called me they denied me a loan due to having a savings account rather than a checking account. three days later they deposited $300 into my account and I haven't been able to get in touch with them to stop the $90 (twice a month) payments...I've now paid them $660. I never signed a loan agreement. Never received the paperwork!!! Should I close my savings account and move on?

How about an e-mail address, I've read the other posts and got the phone Fax 1-866-463-2130 / fax 1-866-463-9412 Is this correct?
Kosmo

Wow, I needed to find info on SSM and you all helped alot.

I'm from Florida and I applied for a payday loan through CashNetUSA for $450. My account ended up going into the negative (due to my own stupidity) and I found out after the fact that there was a deposit from SMM for $250. Both companies keep repeatedly try to take multiple withdrawals out of my account and because of SMM, It's impossible to ever get my account back in the positive.

I already talked to my bank today and they told me I should get my account balanced and they'd close it to open a new one. It's impossible with all the NSF fees they keep racking up (and my bank won't take any of them off...even though this company was never authorized to touch my account.) If anyone can help me with letters to take away their ACH privledges, that would be very helpful since my bank can't do it. (They said they could, but NSF fees would still be posted to my account...explain that one to me.)

Due to my banks advice, I have contacted Florida's Attorney General to see what help and advice they can give me. I even downloaded the list of companies licensed in Florida and couldn't find CashNetUSA (or their parent company) or SSM Group, LLC licensed.

I hope to hear back form the AG soon.

I sent SSM a Fax using the number above concerning their banking practices. I mentioned the Attorney General and the Treasury Department may be interested in my plight. This Kristina called my home almost immediately...now we are at e-mail bantor..will let you know what happens.

I spoke to them at 866-463-2130...melissa
She advised me that when your due date somes, they continually debit your acct a "renewal" fee until you authorize them to apply mnies to your actual loan. What kind of hooey is that? Who wants to continualy renew a payday loan...that is totally not the concept of said loan. Anyhooooooo..that is the # to speak to customer service..they claim to have emailed me with the terms..which they didnt...and "re-sent" them today...4 months later..so now, after $450.00 dollars going nowhere..they want me to arrange to pay my loan. I am ticked..asked for a supervisor...will probably get no satisfaction...
Anyway according to the terms, you are supposed to conact them by email, phone, or fax to actually have payments applied to your loan...i am still cussing....

I reported ssm ..ols..whoever..to my Ohio Attorney General...just went on their site and logged a complaint...they send a letter to "mediate". When I was told that, I moaned, but guess what? I got letter from the Attny Gen 02/14 statting their intent to send a letter..I got this email today..Dont give up you guys!!! :
RE: Your Complaint

Name edited for your protection - Goudah February 19, 2008
Account # Edited for your protection - Goudah


We have received and reviewed your correspondence regarding your complaint with SSM Group, LLC.




The money was lent to you in good faith with the understanding that you would abide by the terms detailed in your loan contract. We upheld our end of the agreement by crediting the funds to your account in a timely manner. The Loan Note and Disclosure that you e-signed and thereby agreed to is very detailed and clear so as not to cause any confusion to the borrower, and meets all the Truth-In-Lending and Reg Z requirements as prescribed by Federal statute.

We have all the legal contracts you signed, in which you agreed to terms and conditions of the loan.

In the interest of compromise, your account has been marked as ???????Paid in Full??????? and there will be no further attempts to collect on this account. There will be no refund on your account and no further loans will be offered to you.

Thank you for your time and consideration in this matter.

Respectfully,

Compliance Department

If I close my account can they come after me there are 5 of them taking money from me

please help me with this as well i live in washington state and SSM group keeps takin money out and i have no record of signing anything with them. thanks.

Here is the phone number for Summit Group LLC (AKA SSM Group)- but good luck getting in touch with them, they NEVER answer their phone! 866-918-2742

Dumplin did you have any lusck with 500Fastcash, One Click Cash, Paycheck Today these are all MTE Financial and they are very UGLY.

thanks

I was reading here. I saw that CANNR sent a letter dumplin72057 to use to send to her PDL.
I'm in need. I'm losing my whole paycheck to these finance fees. ANy help would be great on some way on how to pay them off of stave them off from continuously taking fees.

leethita, what state are you in? Also, what pdls are you dealing with? Internet or storefront? Can you list them for me? Also, how much you borrowed (principle amount only) and total paid so far to date.If you can give me some more information, I can certainly help you! :D

1-866-463-2130
Fax: 1-866-463-9412

Address unknown