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Help!! Ace Cash Express threating lawsuit



jenswt14u

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Sub: Help!! Ace Cash Express threating lawsuit
Tue, 15/11/2011 13:47

I'm very shaken here and don't know what to do. I have let an Ace Cash Express loan default and now they are threating me with a lawsuit and won't let me make any sort of payment plan with me. They said unless I pay them $1,200 by Friday they will contact my work, hr department and supervisor and file a suit for me writing them a bad check.

I will take any and all advice. I don't know what to do!

Thanks,
Jen



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Carmenbine
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Sub: #1 more infoTue, 11/15/2011 - 13:47



here are the links to FTC and the FCC websites:
FTC: http://ftc.gov
FCC: http://fcc.gov


And here is a copy of the FDCPA in case anyone needs a look at it : http:// www.ftc.gov/bcp/edu/pubs/consumer/credit/cre27.pdf


Carmenbine
Carmenbine
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Sub: #2 Clearing up some confusion; hope this helps.Tue, 11/15/2011 - 13:44



Unfortunately the post (being rude and harsh) was accurate on the FDCPA only applying to 3rd party collectors. However, if the company calling you does not refer to themselves as ACE then they are most likely a 3rd party collector.
Here is a site to clear up that confusion: http://www.bargaineering.com/articles/underst anding-1st-party-and-3rd-party-collectors.html

Now, for having you arrested, this is FALSE. However, check your state to make sure they can't press criminal charges (you can do so at this link:) http://paydayloaninfo .org/state-information I have looked and a majority of States do not allow criminal charges to be filed.
Other than that, record or document any conversation. I have worked in debt collection and got out b/c of how they were instructing me to treat people even when I was getting their debts paid and taken care of (they were trying to make me be more aggressive and mean).

Even though the FDCPA doesn't apply to 1st party they still try to abide by it; most times. Since harassment is prohibited regardless. If this is happening, contact your local police, the FCC, FTC, and the Attorney General for your state.
Even though you did take out the loan, you still have rights, and we all make mistakes. No one should be made to feel bad about their debt; that doesn't help or resolve ANYTHING. But do talk to them, if they do get unruly, threatening, and making false statements; keep your cool and document everything they are telling you (even the false "scare" tactics). You can ask to speak with a supervisor, demand it in fact. If they fail to comply, then (again) document it, and ask again when they call again. Do not let them run you over. They collectors are paid a commission for resolving your debt and having you pay that day; this is why they are so pushy. The higher the debt, the more commission they make. (at least that is how it worked at my collection company, and found out most do it that way)

**Also, you can speak with a lawyer without having to pay, getting legal advice is free, just call and check around. They will only charge you to take the case. If you get scared, call one up and get some advice on your rights.


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Sub: #3 i have a payday loan thuogh these people made one payment of 50.Mon, 05/16/2011 - 12:12



i have a payday loan thuogh these people made one payment of 50.00 set up another payment of 50 today it didnt go through my bank i told her i can take the payment to the store and pay it she said never mind were gonna do the next step what ever that is. told me if i wanted to make the 50 payment to go ahead but she wouldnt if she was me cuz shes going threww with the next step these people dont even want to work with you, the next thing i now they called my work what can i do im freaking out all i owe them is 309


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Sub: #4 Do not be shaken. They do that so you will hurry up and pay themFri, 03/04/2011 - 10:07



Do not be shaken. They do that so you will hurry up and pay them. I do not know Illinois laws, but in LA they have to accept $50.00 per pay period until the loan is paid off and they cannot add more fees to it. Do not let them have access to your bank account at any time. Pay by credit card or money order. I am clearing up some myself and they threatened me as well, but I did not let them win.


Sub: #5 At $30 per $100, the odds are that they are not legal anywhere!Sat, 02/05/2011 - 09:20



At $30 per $100, the odds are that they are not legal anywhere!


Shazzers
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Sub: #6 What is the name of the payday lender? Have you checked to see iFri, 02/04/2011 - 09:19



What is the name of the payday lender? Have you checked to see if they are licensed to lend in your state or if they are registered as a CSO?

Visit my blog-TAKE CONTROL!
CLICK HERE To join my Social group, The Payday-Loan-Free Advocates!
Online Complaints Ohio Attorney General
Online complaints: Federal Trade Commission.
Ohio Payday Loan Laws


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Sub: #7 i am from texas and i had a payday loan for 300 total payback isFri, 02/04/2011 - 06:10



i am from texas and i had a payday loan for 300 total payback is 390. i cant afford to make payments any more i owe now 420. i am scared i will be sued please help. what do i. i have recieved calls from all sorts of numbers i don answer cause i know they will threaten me


Shazzers
Shazzers


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Sub: #8 Quote:The Fair debt collection practice forbids them from tellinTue, 01/11/2011 - 20:04



Quote:
The Fair debt collection practice forbids them from telling an employer about any debt. They cannot release any info to your employer or third party. It is against the FDCPA regulations. I work as a collector for a major bank and they threatened me to so I told them to do it and that was it. There are many lawsuits against these people just Google it and if you have any question Google the fair debt collections practice. I am filling a lawsuit against them!

You don't know your laws very well! The FDCPA only applies to 3rd party collectors and NOT the original lender.

Visit my blog-TAKE CONTROL!
CLICK HERE To join my Social group, The Payday-Loan-Free Advocates!
Online Complaints Ohio Attorney General
Online complaints: Federal Trade Commission.
Ohio Payday Loan Laws


Unregistered

Sub: #9 [COLOR=black]The Fair debt collection practice forbids them fromTue, 01/11/2011 - 20:02



[COLOR=black]The Fair debt collection practice forbids them from telling an employer about any debt. They cannot release any info to your employer or third party. It is against the FDCPA regulations. I work as a collector for a major bank and they threatened me to so I told them to do it and that was it. There are many lawsuits against these people just Google it and if you have any question Google the fair debt collections practice. I am filling a lawsuit against them![/COLOR]


Shazzers
Shazzers


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Sub: #10 Quote:I paid my loan over 2 years ago and today I got a call sayThu, 12/16/2010 - 09:20



Quote:
I paid my loan over 2 years ago and today I got a call saying they were seeking a warrant unless I paid another $466 for the fees. My license would be revoked so I called the ACE corporate to plead my case. First of all I am unemployed now going back to school and have really no income. Single mom taken care of a very sick mother so Im not even allowed to work.

I was told if I can prove the original loan was paid in full they will drop the case. Good luck almost 2 years ago and 5 bank accounts later..

You can't be arrested for owing a debt, it's a civil matter not a criminal one. These people need to be reported for making false threats against you, please file a complaint against them with your state attorney general and the FTC, it can be done online.

Visit my blog-TAKE CONTROL!
CLICK HERE To join my Social group, The Payday-Loan-Free Advocates!
Online Complaints Ohio Attorney General
Online complaints: Federal Trade Commission.
Ohio Payday Loan Laws


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