Fast Cash ripoff Everett Washington

Back in 2004. We got a 500.00 loan at Fast Cash. We had a good history with them. We were regular customers, but all that changed when my husband got laid off and we couldn't pay on our loan. We would get alot of threating calls day and night. At work. Finally, one day I came home and found a message that said This is ........with fraud unit we are working with the snohomish sheriff department and we're prepared to file charges against you for fraud. Well I called the number back and a guy who answered picked up saying, Fraud Unit. I identified myself and he started asking me questions about my loan. He said I'm not affiliated with Fast Cash I just help collect. I asked for his badge number and his telephone number and his address so I could go and meet with him. He started backing away. He said if you go pay the loan and reborrow all will be okay. I said I thought you weren't affiliated with them. I said Why were you trying to get me to go borrow again if I'm such a bad person that it takes a fraud unit to call me.

Well I started investigating him and he wouldn't give me his last name or number or address. I told him okay rod with snohomish sheriff department I'm going to write the attorney general's office and have you investigated properly. I did and a few months later I received a call from the Department of Financial Institutions consumer services and wanted all the details. She said they had pulled their files and started investigating their customers.

I received a letter from the Department of Financial Institutions in Olympia, WA. I wish I could email it to this site. Here it is:

Dear Hilda
Thank-you for filing your complaint against PFH,INC dba FAST CASH LOANS Ex(PFH). I realize quite a bit of time has passed since you brought your issues to our attention. As you may know, the Department of financial Institutions (Department) is authorized under chapter 31.45RCW,the Check Cashers and Sellers Act (the Act), to conduct investigations into matters of this type. As explained below, your complaint is being closed. However, please understand that based in part on your affirmative step in sharing your information, the Department took action against PFH, its former President and Chief Executive Officer, and three of its collection staff.

On September 24, 2004, the Department took formal enforcement action against PFH,J.Blake Goldberg (former President and CEO Of PFH)amd three employees from PFH's collection department alleging violations of the Act and seeking sanctions. In 2005, the Department entered settlements with each of these parties. The Consent Order are available onthe Department's website at http://www.dfi.wa.gov/cs/asminactions.htm. The Department completed its action and obtained extensive sanctions, including $81,750 in fines, over $4000.00 in restitution to approximately 290 borrowers for specific violations of the Act identified in thier transactions, and a restriction on Mr. Goldberg's ability to participate in the industry. For this reason, the Department is formally closing your complaint.
If any party violates thier settlement terms, the Department will take action to enforce its orders. Again, thank you for bringing this to our attention.
Sincerely,
Steven C. Sherman Financial Legal Examiner Supervisor

So if it doesn't sound right. It's not right. Turn them in to your attorney general's office and they refer it to the proper department.

thanks for letting me share this with you.


Hilda
marysville, Washington
U.S.A.