Well, I am now joining the ranks with the rest of you. First let me say I have read the stories here AND the rebuttals and comments. And to those of you who think you are so smart and feel that are holier than thou - give it a rest. No one is interested in being talked down to or being chastised like a child. Be constructive or keep your mouths shut. I think all of us here are very much aware as to what the hell we've gotten ourselves into.
So. I became a victim of this company back in May. I was in dire straits (sound familiar) and after watching their commercial and knowing it may be the only way out I called. The person I spoke with couldn't have been nicer. He was friendly and joked with me and told me the money would be in my account the next day. All I had to do was go to the internet and "sign" the document and that was it. (NOTE) I have never received anything from them. The "good guy" never disclosed anything other than my monthly payment and the length of the loan. I was stupid. I admit it. I was trying so hard to get some bills paid off I didn't think first.
Still, I made my payments religiously and then my life changed: I moved halfway across the country using up my little 401K money to relocate to be with my daughter and finding work was hard. I was going to be late on a payment and called them. Rude, rude, rude was all I got. I informed the rep on the phone that I had to change banks and the payment date had to change. She told me if the paym was not received by the due date they would charge me a fee and that it needed to be moneygrammed. I told them I would do it but if they attempted to screw around with my money that would be the last money they would see. There was no leniency at all and definitely no empathy.
Now, a little less than a year later (May) I start seeing TV ads again where I live now. I got the loan when I lived in Sacramento, CA. And I started doing the math.in a 2 year period I have paid these sharks $6,000.00 on a $5,000.00 loan. I'm done. I fingured out their standards I still had over $15,000.00 left to pay. And there is no way in hell that is going to happen.
This is what I did.
I went to my bank and moved all my money to another account in the same bank. I then put a stop pay on that account for 6 months. It cost me $30 but then the bank also put a hold on any and all debits to the account. They did attempt to take out the money but I didn't hear anything till several days later. As of now all they have done is email me twice a day and all of their correspondence goes in a file. The last email I received stated the obvious: I owed them two months now plus fees and am in default. They did call one of my references and she stupidly gave them my phone number. (That may be a freindship now doomed.) I have gotten 2 calls with no caller id and if it is them they sure aren't leaving messages. Nor would I expect them to. They can only inimidate and it's hard to do that to a machine.
Here's the bottom line: I will NOT pay them another dime. Period. I read a lot of people interested in a class action suit. Well, I am completely ready to do that. They are operating outside of legal boundaries. They HAVE broken several laws pertaining to fair credit practices.
So who knows where to go from here? No one is going to stop them but us, the victims.
Who wants to start the ball rolling or at least give us an idea of what law office to contact? I'm at a loss but ready to help put these people down.
Anyone??
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