Consumer complaint received 2025-05-06 00:00:00
Product: Debt collection — Payday loan debt
Issue: Took or threatened to take negative or legal action — Threatened or suggested your credit would be damaged
Company: CCF Intermediate Holdings LLC
State: MO

Complaint narrative:
XX/XX/XXXX I received the below email. I'm certain this is a scammer attempting to collect a payment on a long-ago payday loan, but it is quite threatening. 




NOTICE OF LEGAL PROCEEDINGS Case Number : XXXX Outstanding Amount : {$1200.00} Lender : Speedy Cash XXXX XXXX XXXX : XXXX hours. 

Contact : XXXX Attention Debtor 's We are writing to address a matter of significant concern regarding an unresolved outstanding debt in the amount of {$1200.00}, associated with your account under Case Number : XXXX. This communication marks your final opportunity to resolve this matter outside of court. You are required to take immediate action within the next five hours upon receipt of this notice. Failure to do so will result in serious consequences. 

Our attention has been drawn to the fact that the XXXXnited Legal Investigation Bureau has levied four serious allegations against you, each carrying substantial legal implications : 1. Violation of Federal Banking Regulation 2. Collateral Check Fraud 3. Theft by Deception 4. Electronic Fund Transfer It is important to note that SPEEDY CASH USA, the parent company, assumes responsibility for all outstanding debts. Regardless of the subsidiary through which the loan was acquired, such as ( XXXX XXXX XXXX, XXXX XXXX XXXX, XXXX XXXX XXXXXXXX XXXX XXXX  XXXX XXXX XXXX, XXXXXXXX XXXX XXXX XXXX Check Into Cash, XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  ), the main lender retains the right to lodge a complaint and pursue legal action through appropriate channels, including the court. 



To prevent further legal action, we present the following payment options requiring your immediate attention : 1.A one-time settlement of {$690.00}, leading to a complete resolution of the debt within the next 24 hours.

2.Weekly or biweekly payments of {$210.00} until the debt of {$1200.00} is fully settled, commencing today within the next five hours.

We urge you to comprehend the gravity of this situation and take swift action to address it. Failure to do so within the specified time frame will lead to the following severe consequences : 1. * * Late Payment Fee : * * A fixed fee added to your account if the installation is not paid by the due date.

2. * * Interest Penalties : * * Increased interest in the outstanding balance for delayed payments, which can lead to a higher total repayment amount.

3. * * Negative Credit Reporting : * * Failure to make timely payments may be reported to credit bureaus, potentially harming your credit score.

If you fail to pay a payday loan, the lender may sue you. If they win in court, they can garnish their wages. They may also sell your account to a debt collector, who will pursue you aggressively and may take you to court.

You can be sued over an unpaid payday loan until the statute of limitations expires. This varies from state to state, but its often six years.

Most lenders do not report to the credit bureaus, so missed payments will not hurt your credit score. If your debt is sold to a collection agency, they will report it and it will be noted on your credit report. Your credit will go down.

Our investigations have indicated potential fraud, including unauthorized electronic funds transfers, linked to your IP address.

Time is of the essence, and you have four hours to comply with this final opportunity for an out-of-court settlement. Please respond immediately to this matter by reaching out to us at XXXX, where we can discuss suitable payment arrangements. 

We strongly emphasize underestimating the urgency and potential consequences of this situation. Failing to act promptly will lead to the swift commencement of severe legal actions against you. 

Contact us via email at : XXXX your earliest convenience to discuss how we can assist you in resolving this debt. 



Regards, Restitution Head Department of l Debt Settlement Contact : XXXX XXXX XXXX XXXX XXXX XXXX XXXX. Copyright | Privacy | Terms of use | Carrier Confidentiality Statement & Notice : This email is covered by the Electronic Communications Privacy Act, 18 U.S.C. 56891-140 Copyright 2024 Speedy Cash loan services| Privacy |Terms of use | Carrier

Company response to consumer: Closed with explanation