- Report: #327209
Report - Rebuttal - Arbitrate
Complaint Review: Cash Call
Cash Call1600 S. Douglass Anaheim, California U.S.A.
Cash Call, Paul Reddam And His Croanies Scandalas and hostile work environment Anaheim California
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These people must be stopped at what they are doing and the major investors such as citi-group and Deutche Bank need to know what is really going on. Recently "Jesse" from Long Beach posted some "gossip" about Sex, Drugs and illegal forging of documents. It goes much deeper than that. These people have all created a Hostile Work Environment for all it's employees. For years now they have all condoned "cheating" which means signing and making payments on loans which enables the employees to earn bonuses and more importantly on paper shows a lesser delinquency to the major investors.
When these cheaters are caught they do get fired however, Cash Call still processes the Loan Modification to the loans that were cheated on. Cash Call is now in such a panic they threaten all employees jobs daily. It's as if they are not interested in making money anymore. They have fired over 400 employees in over the last few months.
Their only interest now is reducing the amount of Attorney General complaints, (700 in 2007) which resulted in Millions of dollars in lawsuits. Cash Call trained their employees to break FDCPA guidelines and now that they are in boiling water they dont know what to do. Employees are being told all accounts passed 60 days delinquent are being sold to Delbert Financial out of Neveda. Guess who owns Delbert Financial?? Yes, Paul "Slimeball" Reddam himself. This is an attempt to show the investors a lesser "charge off" rate which gives more money to Cash Call each month.
My suggestion to all consumers, Do Not Get A Cash Call Loan and if you do, Get as much as you can and dont pay. After just 30 days they will offer you a settlement for less than what you borrowed. Basically if you can stand a ding on your credit for being late you will get the best loan out there. They are desperate to not let your loan charge off. Their business is depending on it. These are professional slimeballs driving Ferraris and Porches bought with interests money from desperate consumers. Trust me when I say, it wont take much more before the pieces of crap go out of biz.
This report was posted on Ripoff Report on 04/19/2008 01:10 AM and is a permanent record located here: http://www.ripoffreport.com/r/Cash-Call/Anaheim-California-92804/Cash-Call-Paul-Reddam-And-His-Croanies-Scandalas-and-hostile-work-environment-Anaheim-Cal-327209. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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