Call From Cashnet500

You should let T&C know of Cashnet500's calls and let the counselor take care of it.

Or you can contact Cashnet500 and work out some kind of arrangement that you can afford if they refuse to deal with the consolidation company.

Maybe someone else here has a better advice since I am just starting to deal with the payday lenders myself. I called T&C but decided to give it a shot on my own to see if I can work out better arrangments. I am keepin the T&C option open in case I got in way over my head and need help.

Cashnet500 will keep calling you,mostly at work though.
When I had a loan from them,after I had shut down my checking account,they called my job even asked to speak to the supervisor Stating I owed them monies and I was "wanted" for "Legal problems." They did work out a payment plan with me that was manageable,however their approach is very deceitful. For instance; calling my place of employment reeming out the secretary looking for information,and telling my employer my business,then calling me at home 2 minutes later to work out payment plans.

Cashnet500 will try to harass if they don't get their money back. They use unfair collection techniques on everyone. My suggestion is to send a partial payment towards the account so that you assure them taking care of the account. They will sound not to accept your proposal at the beginning. Send your payment through certified mail for proof. The company will stop their activities after they get money towards the account regularly.

I made payment arrangements with Cashnet 500 and they are paid in full now and even got a letter stating to the fact. I paid $105 biweekly for 3 paydays. You may be able to make arrangments. If I can find the telephone number and the person I talked to I will pm them to you.

If they are revealing your credit problems to someone that is not authorized they are in violation of fdcpa and subject to fines for each occurance. You may still be willing to pay your debt, but their practices should be reprimanded.

This company has an unsatisfactory record with the BBB for unauthorized debits as well as other reasons.
You can send them a letter stating not to contact you at work via certified mail with return receipt requested. This way you will have proof that they received the correspondence. You might have to try a couple of times because they refused the first letter that I sent them. You can also fax it to them to be on the safe side as well. We understand that you are trying to pay your debt but there is no need for continous calls at work and to harass your co-workers.

I worked out a settlment with them to pay $150 on the 15th of June, just to be done with it, and they were to cease all calls and close the account when the money was received. But they still continue to call me at home and work never leaving messages.

This place is bush league all the way. When ( and now if ) I do pay them then how do I know that they will even record it as being received?

What really cheeses me off is the fact that they waited almost 6 months to contact me. And now they cannot seem to stop.

Avenger.

What address do you have for them? I sent an SASE to
obtain my original contract to their Murray Utah address,but no luck. They never sent it.I am now trying
their Pennsylvania Address.

I settled with them for $150 which is what my balance was as of 6 months ago minus fees and interest. This place ended up being the easiest one that I had to deal with.

And that was my last outstanding PDL. I am done.

Glynnie-
Congratulations on being done with all your pdl's that has to feel great! I can hardly wait until we get there to join you.

Thanks Sue. Actually I thought Cashnet and PaydayToday forgot about me but I was not so luckly. Now they are paid and done. It is nice. Now when the phone rings at work I do not have to worry about it.

I could have disputed and sent out cease and dissest letters but it all boils down to what its worth to you. If you can negotiate a decent settlment then its going to save a lot of stress.

I agree completely! We have one that we've been paying on and now they've contacted us on a settlement and I think if I can get them to agree with what I want to agree on I'm going to settle it. It's just not worth my time to fight about some of them (others I will) - I know we borrowed and I want to pay back at least what we borrowed. I'll be SO glad when it's all paid off!!

Sue - they claimed that I had paid $650 on a $350 loan and offered a $150 settlement, hope that helps.

I swear that I had paid more than $650 but do not have any of my checking acct info from the period of Oct-Jan when I had this loan. They could be right.

Just stay in contact, keep offering what you want and emphasis that you are not in a great position financially at the present time not will be for a few months.

Glynnie,

I'm glad to hear that you are done with payday loans. I'm still fighting a few but one day soon it will all be taken care of :)

YAY Glynnie! Congratulations.

PDL Avenge--Which ones are still bugging you?

I will tell you the next time that we are in chat. I will be on and off today since I actually took a day off :)

PLA - thanks. I would still like to work on getting all PDL's shut down. Not one or 2 but the whole lot. It bothers me that probably thousands of people a day are going through what I had to.

Hi,
I just took out a loan with them for $350--and they say I owe them $500??? for a $350 loan?? I am willing to pay them what I got, but I am not willing to pay $200 in service fees. Any suggestions?

kscornell - have you paid anything on it yet?

Not Yet. I have a proposal sent out from my credit counseling place and payments to them will start in August, I've been told.

Guest,

So you took out the loan, didn't know the amount that the service charge would be, and then, before making any payments on it, you signed up with a consolidation company? Is that correct?

kscornell. Not to judge but most here who have defaulted had paid way more than the amount they took out. When I defaulted I had already paid almost 3 times the original amount. There are cases of members paying way more than that.

I had something like that happen to me with cash net. I started paying them and then i signed up with T and C and when they started calling me at work, i told them they needed to speak with T and C. they said they didn't work with companies like that and hung up on me. Eventually they stopped calling but they have accepted my proposal for t and C so soon i will be debt free!

Glynnie...I agree
I have a feeling that some people are beginning to take out PDL's and then immediately get them consolidated...that is abuse in itself, and will most likely only make things worse for the rest of us who are genuinely trying to become debt free. I had paid at least twice what I owed on every single PDL i had before I consolidated...

seeing - yes. Not to judge but people like that are the ones PDL's love to reference.

I don't what happened with ks that resulted in a default before the 1st payment. Whatever it is you should at least return what you borrowed or it is stealing. Actually getting off with $500 is pretty cheap compared to what most end up paying.

Hi everyone. My name is Ray, from Utica, NY. I will be visiting Poland soon, and I am hoping to meet my Polish relatives. I also hope some people from here may help me in contacting my relatives before my visit. Thanks and looking forward to meeting some great people on here!