Wow, I had no idea there were so many people out there who have suffered at the hands of this company. I got a call in my work place this Monday where this guy claimed to be an attorney and said they were filing paper work with my local sheriff department so they can issue a warrant out for my arrest! Now I am not to familiar with debt law or debt collectors. I asked this person what this was about, he says I took out a payday loan with cashnet and that I never paid it back. I have taken payday loans out before but through my lending companies in my own state, but I was still not sure. I have an anxiety disorder for which I take med's for and when he kept saying I was going to be arrested, the only thing that went through my mind was how do I resolve this until I get home to check my payday loan paper work for confirmation. They said I would be liable for 5000.00 for a 300.00 loan. However I could pay 1500.00 and avoid them from filling against me for fraud and have an arrest warrant against me. At this point I was mentally distraught and I wasn't thinking straight, I gave them my debit card and authorized them to debit 503.00 (I know incredibly stupid). After I had calmed down and spoke with my manager who almost called an ambulance, I found out what they did was just a scare tactic. These people did not sound like they were from here, they sounded like east Indians. I had asked them to fax me documentation of communication and payday loan papers, they said they would send that to me in 5 days. I finally called them back the same day on my lunch break at he number they gave me and said I need them to refund the money until I get the paper work. OMG! They then said in order to refund me, they will need my checking account info. I declined because I knew I can just cancel my debit card and have the charges reversed through my bank. Since Monday evening I have found out so much. Everything was illegal i.e., calling me at my place of work and threatening me with jail time. Also I never took out a payday loan with cashnet either. So I called my local police department for advise and filed an identity theft incident with my local police department as well. Also filed a complaint with the DFI and will be sending a letter to the attorney general.
They called my work place yet again today. I called them back, they said they wanted my fax number because they had documentation for me. I said great, I have filed and incident for identity theft and this documentation will be helpful to the police. After waiting for an hour and a half and not receiving the documentation I called them back. Spoke with a Scott Miller of course that is not his real name. I asked him why I had not received the documentation from them. He tells me, you want us to refund you the money right? I said I don't need you to do that, my bank is handling that for me. The threats then began and that phone call went from bad to worse. He said tomorrow I will be served at my work place, they will teach me a lesson. I advised him I filed fraud/identity them incidents with the police department and that they can do what they need to do on their end. I asked him to fax me the documentation for the loan over 10 times in course of our conversation, he basically refused. I was naive and extremely intimidated which led me to do something extremely foolish. After speaking with an officer at the local police dept, he set my mind at ease. The police don't issue arrest warrants nor do they go down to arrest people for payday loan debts. The company name that called me was called Mutual 21 and the number on my bank transaction was [protected]. I have been through hell this week and I finally have peace of mind because I know my facts. BEWARE OF PEOPLE WITH STRANGE ACCENTS CALLING YOU SAYING YOU OWE MONEY AND THREATENING YOU WITH JAIL TIME AND REPRESENTING CASHNET USA.
I hope this is helpful to other people and don't be bamboozled into doing what I did :(