I had a great conversation with Attorney Arthur Levy, who is working on the cashcall lawsuit in California. I also invited him to visit the forums, which I certainly hope he does and welcome him. Here is what I can say on the lawsuit in a nutshell from Arthur: it is being filed in Los Angeles County and concerns CC's lending practices, specifically interest rates, fees and CC's practice of debiting on days that weren't agreed on by the consumer. Also they are looking at CC's charging bounced check fees that are higher than California state law allows. And more importantly, they are working to see that Cashcall doesn't engage in harassing activities. Arthur agreed to let me give his contact information, but wants it in a PM to individuals, due to the volume of calls he could get. He said that he would be willing to help if someone is facing an extreme situation with CC right now. I told him that I am ready to sign on in the battle and know that many other members of the community would too!
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
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