Cash Now - Cash Now Plus - Cash Now USA - Miro Zecevic - Andrea Zecevic
Cash Now - Cash Now Plus - Cash Now USA - Miro Zecevic - Andrea Zecivic ripoff We Paid over $40,000 for a lot of promises. We found our later that a lot of others have lost as well. Toronto Canada

We're Patients of MONEY NOW.com. We've provided over $40 Thousand Bucks to MONEY NOW.com to get a Licensee and User Agreement and Bank Constitution. Your expertise is just one of the most significant I've found out about. Under you'll study real emails from Income Now.com. That is informative.

if you should be studying Money Now.com, Miro Zecevic or Andrea Zecevic the info listed here is accurate. I might never notice some of our expense again but when I can help you save from producing exactly the same error, then I've completed all I will.

Our Story:

I'm the handling person in a-4 member LLC. I began considering the Check-Cashing and Pay Day Loan company in June. It was likely to be another enterprise for that 4 people to get in. We were buying spot to commit some cash that will get us a much better return compared to stock exchange.

Though performing some reading online I will across Income Now.com. I submitted my request extra information and began speaking with David McLean. Within the next couple of months he responded all my concerns but one. That issue was, are you able to get me some titles of additional Money Today customers?

This Is Actually The email I delivered and Jesse's reaction is joined inside the email.

To: davidm@cashnow.com
Sent: Friday, June 25-5:19 PM
Topic: Traders

Donald,

Only A thought. Perhaps you possess some present Money Today homeowners that will prefer to enter the Phoenix WARM marketplace but-don't stay below. I've one man who I believe may be involved but I can't speak for him. I'll give him a phone. Can you feel relaxed in wondering if some may sort an gas with me when I split the forex market available? 1. If when the homeowners are creating a substantial amount of cash and have confidence in the support, they could be prepared to start more places. 2. I will study from their expertise aswell. Often will offer you referrals once a person is authorized at that time you'd have the ability to choose their minds.

I'm thinking and taking a look at every possible situation. Clear. I'll provide you with a ask Friday to inform you when the man I've in your mind is involved as well as observe exactly what the result was together with your companions.
Possess A wonderful one,
David G. McLean
Senior Business Development Advisor

Delivered: August 25-6:34 PM
To: 'David McLean'

Donald,

I believe my companions might experience better when they might observe and talk to a live seller/agent, and find out the possible results centered on their achievement. We're small traders and understand the actual estate industry. We all know we have to broaden. CashNow appears like a design we're able to consider and grow repeatedly again. It's simply obtaining the first one-up and operating that keeps us asking questions. You're asking questions and that's excellent, that always implies that one is involved, nevertheless, I do want to not just realize that you interested but as you are able to reasonably follow this. Our recomendation is the fact that in case your are truly involved you're significantly more than pleasant to meet up us at our office. We shall invest half of a evening together and cover-all the angles. Merely spend a completely refundable deposit and by all means allows match.

I'd be prepared to deliver you the $7,500 refundable deposit should you might show-me the following card. We shall demonstrate anything in the event that you want to talk with us. We shall actually offer you a in-depth demonstration of our application and engineering. I'd prefer to keep in touch with additional operator/providers. Absolutly as we get a fully refundable deposit. I'd prefer to keep in touch with you about census in Mesa/Tempe, to be able to discover what my lease prices is likely to be and build-out expenses. No problem.

At what stage within the discussions do I reduce my $7,500? You'll never reduce it, the one thing we might do is withhold expenses if you will find any. ELIZABETH. G traveling costs ect. And why-don't you possess one of these simple yourself? Lol everybody requires me that, I'm never as wealthy while you. Really I arrived fairly near this past year, nevertheless, I chose to bought a house. I'll be getting investment briefly and aspire to utilize a number of that for my first area. You might fulfill us and understand that this isn't for you personally and thats good but you want to ensure that the intention is there. I would like to know if this works for you personally?

David G. McLean
Senior Business Development Advisor
08/13

Hello %,

I talked with (additional Franchisee) and He's hectic starting two new places and stated that now's not really a good-time for him. Are you aware that additional person in Chandler I quit him a note and he never delivered it. Have you attempted to determine what your lender may do for you personally? I recall you telling me which you possess property, perhaps you may organize anything together?

David G. McLean
Senior Business Development Advisor

Brian did note another title. That link was never created. Notice, just after you have submitted $7,500 and it is authorized, are you ready to obtain the titles. I've since discovered there are several Money Today former customers that will like to discuss their poor encounter with MONEY NOW.com. Donald and Miro never created a summary of titles despite we'd provided them significantly more than $40,000.00. I've constructed a listing because if anybody want to contact a number of them.

This next issue was concerning the Lender Events they market to Franchisee/Licensees.

Mark,

Issue: Bank Constitution: May Be The $15K and projected price or does that cover-all the filings, development, and skills to be able to get yourself a charter? I've completed some study on bank events also it appears like lots of paperwork. Just how many CashNow franchisees have bank charters?

Answer:

The constitution addresses anything there's a little of paper-work included nevertheless, we shall wander you through it. The constitution is fresh with no one is working with it nonetheless. Nevertheless, we've around 10 licensees which have registered for this. You will find excellent benefits to running having a constitution even although you have been in a situation which allows one to give your personal income.

David G. McLean

understand this fresh-off the media post in the American Bank:

New Perspective on Payday, and FDIC Actions In
National Bank Friday, February 10
By Hannah Bergman

CALIFORNIA - The message was attractive.
to Get A $15,000 certification charge, Money Today Corp. Pledged to assist interested parties turn into a department of the bank chartered from the Federal Deposit Insurance Corp. that may create paydayloans.
"Running under a FDIC Bank Constitution can give your company instant standing while you includes the financial institution's emblem inside your marketing and signage, " Money Today claims in ads.
However The FDIC calls the advertisements misleading. Although the organization has some bank companions, there's no such issue being an FDIC-chartered bank. The company has provided Money Today until Friday to draw the advertisements or correct them, and it is increasing concerns about additional information on the relationships. If the FDIC will require action from the integrating banks is uncertain.

The cool situation suggests that the point between genuine and off limits relationships of banks and payday lenders remains fluffy. The Comptroller of the Currency, the Federal Reserve Board, and also the Workplace of Thrift Supervision have barred such relationships, however the FDIC enables them so long as they stick to recommendations it released 2 yrs ago.

David Barr, a spokesperson for that FDIC, stated the companyis common advice delivered a notice to Money Today on Feb. 3 that offered it 10 times to get rid of misrepresentations from its site and prospectus and also to proper press announcements.

The marketing is "factually wrong" and it has "a to confuse traders and customers, " Mr. Barr said. "We do not hire banks, plus they do not turn into a department of the financial institution."
the organization found the FDIC's interest after it released a news release Jan. 13. Atleast 200 Web and storefront lenders make use of a Money Today item, based on the firm's site.

Cash Now, which is really a publicly-listed organization in Fort Lauderdale, costs itself being an aggregator and vendor of info, meaning licensees of the organization obtain all of the information they have to begin a payday financing and check cashing company.

which includes software as well as examine document to printing cashiers' checks on, in accordance with Money Todayis site.
"Cash Today handles a number of well-known trustworthy banks and certainly will pick the lender that's most beneficial for you personally, " based on files on Money Todayis site. It generally does not reveal the titles of the banks, but an executive stated within an appointment two little banks obtain all of the firm's enterprise.
Clients using Money Today shops may start bank balances, get a bank card, and obtain immediate deposits of government rewards that may subsequently be borrowed against to get a short term mortgage.

"whenever you decide to give money on the face-to-face foundation under a FDIC Bank Constitution, you'll be financing the financial institutionis cash, " Cash Today claims. "You'll assume no-risk regarding clients who default in reimbursement of the loans whilst the lender is exclusively accountable for gathering their very own cash."

Cash Today claims its item isn't exactly what the FDIC worries it's.

Miro Zecevic, the Business's leader, stated Money Today simply creates relationship between banks and its own licensees. The licensees attract their very own clients, who are able to start balances using the bank companion through them, get a charge card in the lender, after which generally may overdraw that consideration by $200 - basically getting out a cash advance.

Mr. Zecevic said the costs are much-less than facility protection on the banking account or curiosity on several paydayloans, although you will find regular costs to maintain the bill available.

Cash Now doesn't declare that spending them $15,000 may instantly result in a bank constitution, he explained. Even when the advertisements are fixed, Mr. Barr stated the FDIC might target to relationships between a lender and also the company that Money Today explains.

for instance, Mr. Barr stated, Money Todayis files claim that when stretching paydayloans through lender companions, licensees may use requirements the FDIC might consider hazardous and unsound.

"The FDIC wouldn't allow supervised establishments to take part in the company product explained within the supplies, and several of the misrepresentations have been in breach of our September 'April assistance with payday financing, " Mr. Barr said. "If we do discover that some of our establishments have been in this kind of plan and therefore are in breach of our assistance, we'd request the financial institution to function inside the recommendations, or we will consider appropriate activity."
Customer advocates also issue Money Today's items.

Jean Ann Fox, the customer safety representative for that Customer Federation of America, stated she was conscious of Money Todayis Jan news release which she'd indicated worries towards the FDIC concerning the advertisements.
"We got it like a indication this is more logic behind why the FDIC must ensure that the banks they guarantee aren't active in the pay day loan business, " Ms. Fox said.

Cash Today has captured the interest of different specialists. It had been among 91 pay day loan businesses which were released cease-and-desist requests Friday from Boston' bank commissioner.

Cash Today and that I extended conversations. It's today the center of December and also the instruction course was arising quickly. We sent our $7,500 deposit after which obtained our notice of request along side our agreement for providers. We delivered back our authorized agreements and also the stability of our Licensee costs, $37,000.

Based On The agreement which next notice from David McLean, the resort and airfare for instruction is coated within the permit fee. I posted my bill for compensation on 12/15/04, around this day 02/15/05 I've not obtained any compensation or communication.

11/08/04

Hello %,

Great cost, keep in mind that your resort and atmosphere fair are contained in the permit fee. (for just one individual)

working out continues to be knocked forward to December 9,10, 11. The organization really wants to make certain licensees are ready as period is working quick. I'm from the workplace nowadays but is likely to be returning tomorrow morning, I'll contact after this you to go over.
Possess A wonderful one,
Jesse

out of this period until instruction Jesse was an excellent aid for taking a look at probable places. I delivered over many images and handles and he'd pull-up demographic details about them all.

California Instruction, December 9th to 11th:

while you may study, the training in California was a waste. This can be a notice that I had been required to create to H McNulty per this email:

Hello %,
I simply examined with H that which you had explained nowadays concerning the instruction and application. H has requested me to request you to produce in an expert but nonetheless honest method a notice declaring that which you discovered to become poor during instruction. Additionally, should you might, a summary of places that you simply experience have to be enhanced on and recommended treatments. As an example the application, instruction and that which you be prepared to be supplied to be able to contemplate Money Todayis instruction to become significantly more than sufficient. Essentially everything you explained. H will provide your notice towards the additional administration.
Thanks,
Jesse

This Is Actually The notice we published, (my companion and that I who attended education).

December 22

Mr. McNulty,

Connected is just a page compiled by % % and myself detailing our instruction expertise, tips, illustrations, along with a demand to return our Licensee costs ($34,500) and Lender Constitution costs ($10,000). Your quick reply is valued.

Thanks

Mr. Gary McNulty
Worldwide Permit Progress Director
MONEY TODAY
3100 Steeles Ave. East, Suite 201,
Toronto, Ontario. L3R 8T3 EUROPE

Dear Mr. McNulty,

Following is % evaluation of working out we obtained in California in December.

Per %:

Just Before our appearance in California we were requested to see and evaluate the guides supplied. Pete and that I equally achieved this. About the first day-we examined the launch to these guides in certain depth as well as did some part - enjoying straight from the software, that could have now been examined within our own time, we experienced it had been a waste of essential instruction time. After instruction, Andrea mentioned to us that she did not wish to overcome us about the first time. In the lunchtime break all of the course didn't return because of their curiosity about just the pay day loan part of working out and there have been just 3 students quit, we delivered AT1:00 and Andrea completed together with her launch (straight in the guide) to test cashing at 2:30 and launched us, instruction was planned until 5:00. The 3rd student made a decision to abandon; % and that I stayed once we had many concerns for that teacher. After about 40 units of the Andrea appeared nervous to depart and stated this data could be coated in tomorrows education. We were hopeful

2nd day:

We came expecting some solutions to the concerns along with a full-day of instruction using the application. The very first job was to complete a software within the instruction container. There have been 8 individuals as a whole and none managed to get through their software about the first endeavor. The very first point is Person name (it must be Produce A User-Name)! All of us joined our titles and our data and were refused. This occurred many times for many people till we were informed this was a code-name. How might an customer experience at this time? Not just was our data declined, other info was removed and must be re entered.

Eventually after we properly concluded a software we visited the transfer / export part. There is an option for possibly the e or y on-line / encounter-to-face for individuals who find the Y we couldn't login and were refused. Then we'd obtain one information. Whenever we experimented with go back to the prior site we were delivered back towards the starting with all data dropped. At this time within the instruction all of US (8) had a problem. Where's the Rear option, how can we return and forth? Andrea mentioned that there isnot one-but among her office team was ready to do this with small work but she wasn't sure how this was achieved. She's the coach, right? After about an hour or so in error % (franchisee) discovered that by right-clicking about the site a selection was raised permitting us to return and forward. I requested, Exactly Why Is there not really a back-button about the site I had been informed to create this issue along and provide it to her after-class. Our actual issue is doesn't have one in most of working out periods actually requested for this purpose, we were all interested in this?

Also throughout the instruction, after finishing some of the applying, Andrea questioned us okay where do we move next Everybody simply looked at her as though it was the very first time viewing this method, my next issue to her was exactly why is there-no next switch? Once more I had been requested to create it right down to present later.

We extended working out through lunchtime, beginning over many times attempting to ideal the procedure, this extended until 6:30, we were all (8) however confused on the best way to make use of this state-of the-art plan Additionally throughout the instruction many concerns arose and were requested many times in various methods and were never responded.

Later that evening we could keep in touch with among the franchisees alone, he informed us he have been to some prior work out and it was devastating therefore he was below for further aid, we were getting really worried as this program was searching this way additionally, but he'd so enough time and cash spent he would stay with it, and of course he was starting his gates about the following Friday and had hardly any option.

That evening Miro and Andrea asked us to supper, we wished for some understanding in the operator concerning framework and rates but just discovered more distress. Perhaps it had been a great deal to anticipate at supper, as Miro likewise could deflect any immediate technical issue.

After dinner (my companion) and that I visited the resort visitor computers and got online and looked for pay day loan application, within minutes we were taking a look at software websites which were organized in a easy to use clear to see format, why if Money Today were commanders in the market did they not also provide this easy to use format?

3rd day

We came early and were welcomed by two additional licensees, they quickly requested our viewpoint of the program, and we mentioned that it had been not within our viewpoint easy to use and was complicated, they completely agreed. While Andrea came, she'd various other part of working out organized however the whole course requested for further instruction about the application since no body recognized the procedure. Andrea, significantly disappointed, chose to create it along and proceeded to create it about the 2'X3' easel. Many times during her record she was asked by among the course people for missing a we'd discussed in preceding periods. Upon conclusion there have been 27 actions, 3 steps per page and added to 2 surfaces of the conference space. Conclusion of the application form was but one-step. The typical average person has difficulty recalling over 7 telephone numbers, how were our workers likely to remember 27 actions without any user friendly promptings. This continued until lunchtime. At lunchtime all of the students achieved downstairs and we required a long meal discussing our issues, from the end-of lunchtime all of US decided, no body was confident with the program. Upon returning Miro was nevertheless not there therefore Andrea extended for another time. Lastly Miro arrived, two of the licensees spoke to him exterior and offered their issues, (my companion) and that I quickly joined them-and Miro chose to tackle everybody in course. Most of us talked our issues concerning the application but he got it like a employees assault on herself and his organization, putting guilt on two of the franchisees for corrupting the course. After one hour of dialogue, Miro nevertheless wouldn't identify the issue using the application. Miro subsequently experimented with access the program on his pc and was not able to, despite the fact that we were all in a position to get access to it on mine! After a lot more efforts we were not able to exchange our issues. We subsequently offered Miro having a notice requesting release a us from our license contract; he'd just identify our demand not give it, % and that I quickly quit. Later that night, % named % (franchisee) and questioned what occurred directly after we quit, % stated they required Miro towards the resort pcs as well as he was not able to finish the applying, not to mention the sum total procedure. On the great notice the current weather was good in California.

We were guaranteed: (obtained straight from CashNow site)
We're really happy with working out offered to the licensees and franchisees. It's definitely the very best in the market. We consider fresh providers through all facets of the pay day loan and check-cashing company From The to Z
You'll discover anything there's concerning the mortgage company
Mr. McNulty,
I acknowledge with all that % has mentioned above. I do want to explain that people informed Miro we liked THE MONEY TODAY title and also the people we'd caused until now. We loved Miro and Andrea's initiatives to show us on application which was not supportive. Many times throughout the instruction I really could inform that Andrea was annoyed by the issues the course people got facing. It did not appear as if Andrea has actually lay over the table from the genuine client. I would recommend that you simply send somebody whom has already established hours of front-line encounter with this specific application, each online and face-to-face, to help whoever does the particular instruction. Andrea will be the ideal individual for that specialized element but we-don't worry about the development, you want to understand it's likely to work-time and time again.

Described that people looked over many Pay Day Loan application venders on the web. These are simply several I came across nowadays which are windows-based and had a userfriendly look. We've not utilized some of them-but thought you may wish to take a look at them being an instance of what we're searching for.

Http://www.idealss.com/products/cc.htm#, http://www.aocg.com/Windows_Cash_Advance_Software.htm, http://www.echecktrac.com/screens/

These are additional application that I take advantage of on the daily schedule, along side some excursions and lessons in the following links. Quickbooks Online has excellent online application that's easy to use and simple to follow.

Http://oe. Quickbooks.com/observe. Shtml click Visit A Solution Visit
https://www.paycycle.com/services/default. Jsp? SetBizType=sb Enter Arizona as condition and click the DEMONSTRATION switch
http://www.proseries.com/items/basic/catalog. Aspx ProSeries Tax Software Press View Tour

After I study that Money Today had state-of the-art application, I compared it towards the additional resources I take advantage of everyday. Being an accountant I had been thinking about reviews and reconciliation and circulation of info, used to donot observe that with this specific application or instruction.
Looking back I will discover why we weren't permitted to contact any existing franchisees. It'd seem that they're not performing the praises of Money Today. I've been informed there are everywhere from 125 to 200 licensees/franchisees utilizing the Money Now program. During our dialogue we repeatedly requested Miro to get a checklist, that people wouldn't maintain, that people might select 6 or 8 titles randomly to contact and have concerning the application. Miro declined to provide us this type of checklist, but agreed to hand-pick some clients we're able to contact. I'd venture a reckon that the franchisees aren't utilizing the application possibly since it does not match their requirements or it shows the amount of revenue they produce and escalates the royalties they spend to Money Today.
I've been informed by various people within the Money Today group there are no Licensee/Franchisees in Illinois, but at supper, Miro stated that he believed there have been two. Exactly why is it this type of secret?

We understand that Money Today has invested money and time to be able to provide us until now. We to possess invested more than 6 weeks studying simply to discover we'd been over-promised and under-delivered. We've discovered nothing concerning the Bank Constitution. We've not submitted any programs or do we visit a requirement for the constitution following the instruction. We obtain that Money Today return the $10,000 we taken care of the Financial Institution Constitution.

We paid $34,500 for that Licensee contract since the application was this type of solution that people wouldn't have the ability to be educated or have use of it without spending first. We respected that people could be pleased as well as taken care of % trip to determine working out. We obtain you return our $34,500 we taken care of our Licensee Contract.

Thanks

six-days later-after the Holiday Vacation I acquired this notice from H McNulty:
12/28/04

Hello %:

Cheers for the honest feedback. Whilst the reimbursement of costs isn't in my legislation, I Have handed down your responses to Miro. You ought to be reading from him briefly.
H

it was my response to H McNulty:

12/28/04

Mr. McNulty,

Cheers for you personally quick reply. I had been likely to contact you today. Until there's every other info you'll need from me I'll delay before to begin in a few days to create any connection with you or Miro.

I'd prefer to understand why you or Miro believe Money Today has gained our $44,500 and just why there's any issue about this being returned?

Thanks

That Is Gary's response:

:

I'm today from the image. You have to cope with Miro only. He is alone who are able to approve discounts.
H

On 12/28/04 I also followed-up on my journey compensation which was faxed 12/15/04. This is actually the reaction:

Hello %,

you ought to be calling the Sales Department relating to your compensation for the education costs.

Company: Cash Now - Cash Now Plus - Cash Now USA - Miro Zecevic - Andrea Zecevic
Country: USA
State: Florida
City: Fort Lauderdale
Address: 3100 Steels Ave East, Suite 201 Toronto, Ontario L3R, 8T9 Canada
Phone: 8667782996

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