CMG Group

I just received this letter from CMG Group.

Is this just a scare tactic? Do I in fact not have any chance here. i have already paid them $450 on a $300 loan.


Debt Samaritan
Posts: 324
Credits: 2375

Sub: #1 What is the name of the company and what state are you in?
Sun, 08/09/2009 - 19:40

What is the name of the company and what state are you in?


Sub: #2 CMG
Sun, 08/09/2009 - 15:32

I also have the same horror story here. I was applying online for loans and 400 was deposited into my account and I never saw a contract nor signed up for eft (electronic funds transfers). I closed my account after they took out over 400 and know they're threatening me with fraud charges and want 1064.93 to settle the debt. Is this legal in any way?


Sub: #3 CMG Group LLC is a fraud!
Fri, 04/18/2008 - 14:55

Im am absolutley apauled on how a CO. could run and stay be in bussiness. Jan I was in need and took a $200 dollar pay day alone out, with monthley payments "suppose" to be 60.00. Well........I paid each month incruiments of 60, until I paid 180.00. ...Than one month I got behind and couldn't pay...So being the responsible person I try to call and look EVREYWHERE!!!!!!!!!!!!!!!!1For there number and you cant get it and the one I do find you cant speak to anyone...Well, in the meantime they tried to run it thorugh my bank 4 times costing me 34.00 each time..Finally, I called my bank put a stop on it! So today 4-18-08 I get a letter from National Credit that I owe CMG 350.00!!!! After they have cost me more than enough not to mention Ive paid more than half of my ridiculous 200 dollar lone. ...Still cant get a real number or someone to ruturn...i will make sure to contach the BBR and let evreyone and evrey site avaible not to do bussiness with CMG Group LLC.

Very upset!




Sub: #4 FTR Processing and CMG LLC
Fri, 12/14/2007 - 06:35

Are FTR Processing and CMG LLC the same company?


Sub: #5 what in the hell
Thu, 12/13/2007 - 15:06

they call me and told me they woul give me 300 and i told them no thanks some how they put in my account i know i should check my account but some time i dont now i do any way they keep trying to get money out of my account it $$$$ 142. in over draft fee s dont deal with them beware


Sub: #6 listen to them. they are very knowledgable. they have been helpi
Mon, 10/29/2007 - 20:46

listen to them. they are very knowledgable. they have been helping me too. the law is the law. why keep giving these people your money when you dont need to. they are the ones breaking the law. pay only the principal amount when you can, not when they tell you to. you and your bills come first.

Posts: 197
Credits: 4738.2

Sub: #7 Points well taken.
Mon, 10/29/2007 - 17:21

Points well taken.

Posts: 5404
Credits: 40830.4

Sub: #8 cannr, Is 100% correct. At this point you have enough legal info
Mon, 10/29/2007 - 13:29

cannr, Is 100% correct. At this point you have enough legal info to "unconfuse" you. The laws are the laws . You need to chose who you want to follow. The illegal PDLs . or the laws that spell it all out for you. We have all been where you are now, It is confusing at first, but now you have the laws on your side.


Posts: 9319
Credits: 129842.7

Sub: #9 reply
Mon, 10/29/2007 - 13:23

The reason you are getting so confused is because you are listening to the pdls. Read all the posts on here. You will see that they will take THOUSANDS from people if they are able. They're going to tell you everything under the sun. They're going to argue with you. They're going to lie to you. They're going to threaten you. And all of this is illegal. And, you reside in a state where pdls are illegal. They are illegal. They're tactics are illegal. They are going to try every trick in the book. Do not listen to them. Of course they're going to lie to you. They want to continue hitting your account, scaring you into paying 1000 on a 200 loan. They are illegal. Do not take their calls. Do not speak with them. Do everything via email. We post the law for you. We don't make it up. We check the licensee databases. We do not make this up. Do not be confused.

Posts: 197
Credits: 4738.2

Sub: #10 I had one as well and they turned it over to United Pay Services
Mon, 10/29/2007 - 07:13

I had one as well and they turned it over to United Pay Services. This guy called me and threatned me with everything. I got so scared I paid this guy $850.00 for a $300.00 loan. He did "work" with me with payments though. He wanted $300.00 that day and I tried to reason with him and he said no and then finally agreed. I took my time with the last one though.

This whole thing confuses me though. I understand that in my state if NJ, they are illegal but most of these companied don't deal with certain states, specifically, NY at all. Why is this? I'm just so paranoid because my other loans keep calling me and telling me this and that. I had one call me back in August telling me I was a "person of interest" and they would proceed with a civil suit if I couldn't come with an out of court settlement of $750.00 on a $300.00 loan. She wasn't foerign and was definatly American. I am just really confused on all this.

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