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Checksmart is making threats

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I have recently signed up with T&C for the consolidation of my PDL loans. I know that many people here have dealt with T&C consolidating loans with Checksmart. A man from Checksmart left a message on my phone at work saying that I had until 8:00 PM to come into the store and pay back my loan or he was going to turn me in. I am very nervous about this. I have talked with T&C a couple of times in regards to Checksmart and they said that they will handle it, however,I need to know from those of you whom have dealt with Checksmart, if T&C took care of them. I have only sent in the initial paperwork and $155 retainer fee to T&C. I sent that back almost two weeks ago. I am sending two weekly payments today. I am also going to call T&C back this morning as soon as they open, but I just needed and update from those of you working with Checksmart. Thank you so much for all of your help!!!




Leah
Posts: 2323
Credits: 51497.6

Sub: #1 What state are you in?
Tue, 05/01/2007 - 06:51

What state are you in?




Leah
Posts: 2323
Credits: 51497.6

Sub: #2 Darnit my fingers were working faster than my brain...I meant to
Tue, 05/01/2007 - 06:53

Darnit my fingers were working faster than my brain...I meant to say...The only thing checksmart can do is a)turn you over to a third party collection agency or b) take you to court as a CIVIL matter...so I don't know exactly who he was planning to turn you into...




goudah2424

Posts: 7938
Credits: 122486.05

Sub: #3 I haven't personally dealt with either company, but it is most l
Tue, 05/01/2007 - 06:54

I haven't personally dealt with either company, but it is most likely just an empty threat to try to get you to pay them. You have signed up with a consolidation company. Even if we did live on some planet where they could "turn you in" and you could go to jail, the judge would see that you aren't trying to avoid paying them, you've hired a company to help you. But you can't go to jail for defaulting on a payday loan, so that isn't a worry. The worst they can do is turn you over to collections. I would call T&C as soon as they open and tell them what the company said, and that you are nervous about the call. I've heard good things about T&C . . . .




breakingeven
Posts: 17
Credits: 739.6

Sub: #4 I have an insane amount of experience with Checksmart - 7 years
Tue, 05/01/2007 - 07:04

I have an insane amount of experience with Checksmart - 7 years worth and have probably given them over $10,000 of my hard earned money - no exaggeration on that either. Did you write them a check on a closed account, or did the check just bounce? Also, keep in mind, you'll have the store calling you and the corporate office. The store is easier to talk to - corporate is just plain nasty. I have a friend who's actually going to court with them next week, but that's because he was writing them checks out of a closed account.




pdlnightmare
Posts: 10
Credits: 793.55

Sub: #5 Thank you for the replies. I live in Ohio. I have done quite a
Tue, 05/01/2007 - 07:17

Thank you for the replies. I live in Ohio. I have done quite a bit of research on these PDL's that I have. I just want to get out of this mess that I have put myself and my family in. I have been watching this forum here for quite some time and I have learned a lot of things and I thank everyone here for that. I called the Department of Consumer Finance on Friday to see what the law states about repayment plans were for the State of Ohio. She told me that the laws are not very specific about repayment plans. She did also tell me about a website that that the payday advance industry has started. It is cfsa.net. There is some good information on there that states the the companies in this affiliation are to follow a certain criteria called best practices. It does state on there that the PDL company is to offer a replayment plan for people who are having trouble repaying the loan. I am wondering if I sould call Checksmart back and disclose that I know this information?




Ryan_N
Posts: 315
Credits: 5914.65

Sub: #6 I have too put Checksmart under T&C and going through the same s
Tue, 05/01/2007 - 07:46

I have too put Checksmart under T&C and going through the same stuff as you (i'm also in Ohio). T&C have told me many times they worked with Checksmart before. I'm putting my trust in with T&C and hopefully everything works out ok. I just don't like knowning the what if's but I guess I put myself in this situation. I also called Dept of Consumer Finance and they told me to send a letter to Checksmart corp office to ask them to accept my repayment with T&C and to call them back if this should go to court. But to be completly honest with you, I've heard you have 48 hours to repay before this is submitted to court for weeks now. Last week I sent T&C my first two payments and told T&C to pay them first, so hopefully I can tell you more in a few days.




slw531
Posts: 55
Credits: 1573.9

Sub: #7 I finally paid them off. Checksmart's corporate office is not pl
Tue, 05/01/2007 - 07:48

I finally paid them off. Checksmart's corporate office is not pleasant at all. One woman was actally screaming at me on the phone telling me they don't take payments so they can sue. Go into the store. They are much easier to deal with. I spoke to Audrey Hutchings at the Division of Financial Institutions and she said to not even deal with the corporate office. Go directly to the store with some money in hand and make arrangements with them directly. I didn't do that but I can say that they will eventually take you to court but a few months went by before that happened. I paid them with my income tax.




pdlnightmare
Posts: 10
Credits: 793.55

Sub: #8 I just called T&C and I talked with Jessica there. She told me
Tue, 05/01/2007 - 07:50

I just called T&C and I talked with Jessica there. She told me not to worry, that this will probably happen for awhile until these companies started accepting the payments. She said that she will call them for me. Also, Checksmart corporate office called me a couple of minutes ago and asked when I could come in and payoff the loan. I told her that I have signed up with T&C and that they would be calling her today. She told me that they will not work with T&C. Has anyone had success with T&C working with Checksmart? T&C says that they will Checksmart say that they won't. I would just like to know for sure who to believe. I know some of you here have dealt with T&C and Checksmart. Any advise would be greatly appreciated.




Leah
Posts: 2323
Credits: 51497.6

Sub: #9 I am or was in OH too, repayment plans are allowed by the state
Tue, 05/01/2007 - 07:50

I am or was in OH too, repayment plans are allowed by the state of OH so my recommendation is to go into the store as well...I had the same problem with the corporate office




slw531
Posts: 55
Credits: 1573.9

Sub: #10 What is T&C? Is there a place that works with payday loans? I ha
Tue, 05/01/2007 - 08:00

What is T&C? Is there a place that works with payday loans? I have taken care of mine myself.




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