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Shady loan company. Help!
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<blockquote data-quote="Mattsmom277" data-source="post: 575922" data-attributes="member: 4264"><p>Often if you google search the company with the word "complaints" after it, there will pop up a ton of horror stories. Might help ease your mind!! Next time they call, be polite. Request the full name of the collection agency, the file number on the account they are collecting, the total debt owing and the previous payments made. Request a full mailing address and write it down. After you have all of that, explain the three numbers you were given, all defunct numbers and request a proper number for the collection agency which is your right under law. Do not allow them to change the topic or turn the tables. Remain calm, if they go off track stop them cold with a firm excuse me I was speaking. When you've collected the above info, tell them thank you for the information that I require to proceed with legal action for illegal collection practices and consider this the final notice that all contact now must be only through the mail system. State that any calls to you or regarding this matter to your place of employment will result in legal action for illegal collection practices and for harrassment. Then end the call. IF they refuse, despite you returning to the questions, to provide the information, alert them that you will contact police and the better business bureau if further contact is made beyond written communication in the mail. It is important to remove their belief that they have you running scared. It is important that they know that you finally have their game figured out and are no longer falling for the scam that they are running. </p><p></p><p>A loan of a few hundred dollars, with a history of many payments made and some as large as $150 at a time, means it was long ago paid off, even with sky high interest rates. This is all very typical of many shifty collection agencies. It isn't personal to you. It's corrupt practices that laws continually are enacted in order to try to better protect consumers because the industry is rampant with corrupt collectors and what they are doing to you is in fact text book illegal practices that are so common that attorneys who work with consumers must roll their eyes at times at the sheer number of people who wait so long to seek legal help under such abusive and illegal treatment. It is not a secretive practice. It is widely known the seriousness and huge scope of the nasty tactics that collection agencies often utilize. You've got being RIGHT on your side, this situation is every shade of wrong. If the calls do not stop despite your last request that they do, call your phone company and change your number. It is easier to do the leg work to give your new number to people who need it, than to continue to put up with this garbage from that company. Request the number be UNPUBLISHED even if it costs a dollar or two fee per month to do so. You do NOT need to live with this. The key here is that starting right now, you have got to stop thinking you're in the wrong or are obligated or headed for some mythical debtors jail. Ain't gonna happen friend. It won't stop until you are confident in your rights and stand firm and take the steps to protect yourself. Be sure to attend the bank where both accounts were that had funds auto withdrawn on the debt. All they can say is they don't have any ongoing records, but it is likely that there are records still that can be provided to you that show the payments that you made. </p><p></p><p>Hang in there. THis is a common tale of many consumers. You will be okay. And threats of going to your work with papers etc. Just tactics of promoting fear. Common sense says that a court would laugh at the payments you have made, the treatment you were subject to, and likely FAR overpaid the loan by now and the company probably owes YOU. They are NOT going to pay legal expenses to pursue court against you. It costs them money and you nothing! For what, a few hundred bucks that you paid over and over and over?? It's just bluster to extort funds from you. Stick it back to them. They have earned it.</p></blockquote><p></p>
[QUOTE="Mattsmom277, post: 575922, member: 4264"] Often if you google search the company with the word "complaints" after it, there will pop up a ton of horror stories. Might help ease your mind!! Next time they call, be polite. Request the full name of the collection agency, the file number on the account they are collecting, the total debt owing and the previous payments made. Request a full mailing address and write it down. After you have all of that, explain the three numbers you were given, all defunct numbers and request a proper number for the collection agency which is your right under law. Do not allow them to change the topic or turn the tables. Remain calm, if they go off track stop them cold with a firm excuse me I was speaking. When you've collected the above info, tell them thank you for the information that I require to proceed with legal action for illegal collection practices and consider this the final notice that all contact now must be only through the mail system. State that any calls to you or regarding this matter to your place of employment will result in legal action for illegal collection practices and for harrassment. Then end the call. IF they refuse, despite you returning to the questions, to provide the information, alert them that you will contact police and the better business bureau if further contact is made beyond written communication in the mail. It is important to remove their belief that they have you running scared. It is important that they know that you finally have their game figured out and are no longer falling for the scam that they are running. A loan of a few hundred dollars, with a history of many payments made and some as large as $150 at a time, means it was long ago paid off, even with sky high interest rates. This is all very typical of many shifty collection agencies. It isn't personal to you. It's corrupt practices that laws continually are enacted in order to try to better protect consumers because the industry is rampant with corrupt collectors and what they are doing to you is in fact text book illegal practices that are so common that attorneys who work with consumers must roll their eyes at times at the sheer number of people who wait so long to seek legal help under such abusive and illegal treatment. It is not a secretive practice. It is widely known the seriousness and huge scope of the nasty tactics that collection agencies often utilize. You've got being RIGHT on your side, this situation is every shade of wrong. If the calls do not stop despite your last request that they do, call your phone company and change your number. It is easier to do the leg work to give your new number to people who need it, than to continue to put up with this garbage from that company. Request the number be UNPUBLISHED even if it costs a dollar or two fee per month to do so. You do NOT need to live with this. The key here is that starting right now, you have got to stop thinking you're in the wrong or are obligated or headed for some mythical debtors jail. Ain't gonna happen friend. It won't stop until you are confident in your rights and stand firm and take the steps to protect yourself. Be sure to attend the bank where both accounts were that had funds auto withdrawn on the debt. All they can say is they don't have any ongoing records, but it is likely that there are records still that can be provided to you that show the payments that you made. Hang in there. THis is a common tale of many consumers. You will be okay. And threats of going to your work with papers etc. Just tactics of promoting fear. Common sense says that a court would laugh at the payments you have made, the treatment you were subject to, and likely FAR overpaid the loan by now and the company probably owes YOU. They are NOT going to pay legal expenses to pursue court against you. It costs them money and you nothing! For what, a few hundred bucks that you paid over and over and over?? It's just bluster to extort funds from you. Stick it back to them. They have earned it. [/QUOTE]
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