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Just wanted to let you guys know I defaulted on a loan for around 1100 at the cash store.I just got a letter in the mail from a collection agency,so it looks like the cash store doesn't take legal action if you default,or at least in my case.




Was it from Alliance Asset Management? I have asked them many times to send me something in the mail. They say they have but I never get anything. They just call everyday 3 or 4 times.

Sub: #1 posted on Mon, 01/26/2009 - 19:49

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Make sure you send them a debt validation letter within 30 days of receipt of your collection letter. Make them validate your debt, it's your right! :D

Sub: #2 posted on Mon, 01/26/2009 - 20:53

Shazzers Shazzers
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(Posts: 17342 | Credits: 1592.83)

What if they never sent the collection letter? They say they did but they give me varying dates of when they sent it.

Sub: #3 posted on Mon, 01/26/2009 - 21:05

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if it is ALLIANCE ASSET then beware of anything they send you.they will send bogus documents.they did with me in regards to my GECC (cash direct express loan).a totally false loan contract(i had the original in my files).i would send the DV and C&D letters CMRRR.then wait to see what they come up with.

Sub: #4 posted on Mon, 01/26/2009 - 21:05

paulmergel paulmergel
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(Posts: 15506 | Credits: 1356.56)

I have gotten nothing in the mail from them. I am going to send the the DV and C&D letters and the start sending payments that I can afford to the Cash Store corporate office.

Sub: #5 posted on Mon, 01/26/2009 - 21:12

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If the debt has been turned over to a CA, do not send payments to the Cash Store. The payments should go to CA since they have possession of the account. This will ensure proper credit to your account.

Sub: #6 posted on Tue, 01/27/2009 - 01:47

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I am taking the CA out of the loop and dealing with the original creditor. Why would I want to pay these rude morons?

Sub: #7 posted on Tue, 01/27/2009 - 02:37

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is this ALLIANCE ASSET?if so go through the OC if you can.sorry owner,but that is one rude,nasty,and illegal CA.

Sub: #8 posted on Tue, 01/27/2009 - 03:01

paulmergel paulmergel
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(Posts: 15506 | Credits: 1356.56)

They are incredibly rude. Why are they illegal? And PDL Owner,why do you think I should pay these people.

Sub: #9 posted on Tue, 01/27/2009 - 03:17

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Collectors, as an industry, get a bad rap. This CA that is mentioned, I know nothing about and have only heard what I've read on here. As for paying them directly, it is due to the the fact that they now have the debt by either purchasing it or on "consignment". If you send the payment to the OC, that is atleast one more person that you are allowing to touch the payment and mess something up. Keep the payments you send in the "straightest" line to the collector. You can also have a better record of payment to the CA by keeping a copy of the money order and mailing the payment Priority Mail with delivery confirmation. If you send this to the Cash Store, you have no record of it being sent to CA.

Sub: #10 posted on Tue, 01/27/2009 - 03:44

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