Search the Community

I recevied a call from (214) 382-9496 around 4:40 today and I returned the call to a man who answered stating that he was calling on behalf of E-Z Money, in regards to a payday loan that I had defaulted on in October of 2011 and that E-Z sold me to a collection agency failing to recoupe that money E-Z Money had decided to pursue legal action to try and get the money owed to them -- they were willing to settle the debt as well. This guy knew my social, phone number (obviously), full name, and address. But he stated that the debt was $655. It's not the debt was $348. I paid off 3 different payday loans at the end of last year, I was pretty sure I paid of E-Z Money but it turns out it was three completely seperate companies. So, I told this guy that I would give him a call back in about 15 minutes but I would need to contact the original creditor about this debt to see if they could verify that I had paid that debt. He was silent, and I swear I heard him say okay and so I hung up. 15 seconds later he calls back madder than a wet hornet and he went on about how this is how this works blah blah blah and he wanted to remind me that the call was being recorded that I was refusing to pay.... mind you there was no refusal to pay, I simply wanted to validate. How is that a refusal? He then said that he was going to file papers and I said okay... then as I hung up I told him to f off. Immature I know, but seriously. So, he calls back 3x and I ignore each one - one the 3rd call he decides to leave me a long old message about how I'm going to regret swearing at him and I was going to pay for it by beign charged court fees and all kinds of mess - so I call E-Z Money to verify what was going on with the debt. Apparently, the debt was sold to National Credit Adjusters and the amount was $348 - so I called NCA and the debt was sold from their office to a place called Debt Management LLC. unforutnately that company was not answering their phones. I won't sit here and say that I wasn't a little rattled - in fact I was seeing red I was angry and nervous and all other kinds of things. But the more I think about it, it feels like a bogus call? My big question is: how do they get that sort of information? The number that I missed before I called back was the 214#, yet the number he called from was a (410) 402-1073 and he said it was a company by the name of Premier Litigation. There's no such company that I can find on the internet. I do wish I had recorded my conversation with him, I did get to record my conversation with E-Z and NCA though.

http://www.washingtonpost.com/business/economy/payday-lender-western-sky-financial-to-stop-funding-loans-on-sept-3/2013/08/26/d683c298-0e7f-11e3-85b6-d27422650fd5_story.html

I've read a few times about payday loan places trying to draft multiple payments in the same day, over the course of several days, and so on. No, I didn't take one out, this is just a question. Is it legal for them to do something like this? It seems to me that it could be argued this is intentionally harmful to the consumer. Just wondering if one would have legal recourse against a place that does this for willfully causing financial harm.

http://www.durbin.senate.gov/public/index.cfm/pressreleases?ID=0bb9dfb6-aa7d-4120-a174-5a007674f499 The bill would apply a 36% to all consumer credit transactions, including; auto loans, credit cards, mortgages, overdraft loans, car title loans, tax refund anticipation loans, and payday loans.