Today I received a letter from a "National Credit Adjusters claiming to be the legal owners of "your account with CashNet" for $230, blah, blah, blah. Yes, as per their invitation, I will be disputing said debt, not by phone though, in writing. Some time ago, I did have two OFFSHORE internet loans that I, long story but, partly due to usury and gross overpayment of the original debt, defaulted on. One was, if I correctly recall, CashNet. And, the other CashYes. Both Bahamian, supposedly, companies. But, on later investigation, by me, I found one was linked to a "Hong Kong Partners" or similar. As a general rule, I don't answer unknown to me/blocked/ private caller/toll-free calls. If it's important, they'll reveal themselves properly, or leave a voicemail with a real name/clear message/telephone number. Early this summer, I fell for an illegal trick by a real lowlife collections caller, and returned a phone call giving the lady who answered my legal name, not my nickname, and surname, plus a "file number". She, very quickly, before I could say anything else, said "hold please for *mumble*", and put me on hold. The guy who picks up starts out by calling me ****, my nickname, which ONLY my wife, in-laws, very close friends, and some former co- workers (I've been disabled for nearly ten years so have only spoken with one, who calls me by my legal name, in the past five years), and has an obvious heavy New York accent. He then starts lecturing me about repaying debt, how payday loans are bad ways to borrow money but, must be repaid nonetheless, you borrowed money from CashYes, right? I said, never heard of them. He said, come on, your name, address, phone number, SS are all on it. I said, got papers to verify this that you can fax me RIGHT NOW? Here's my fax number***-***-****. Its here, in front of me, on, ready to receive. By the way, what's the supposed amount you're claiming that I supposedly owe? The guy really starts getting aggressive with me, says he can't fax me the papers, and abruptly put me on silent hold.A few minutes later, he comes back, talking fast about how I supposedly owe $1,500 (a blatant lie), and how he just got off the line with "the lender" , and the lowest they were willing accept, RIGHT NOW, was $500, payable immediately, by prepaid debit card. I said, you really must think that I'm a fool. I don't pay unverified debts, ever. I'm certainly NOT giving you any money. By the way, are you an attorney? He said, you KNOW you owe this, you need to pay it NOW! And, I already answered that! I said, No, you didn't, because I didn't ask before now. Are you an attorney? He shot back yes I did, I'm not telling you again! I said, ok, since this conversation is being recorded, I'll run it back, and listen for your supposed answer to my nonexistent question. The guy explodes, and goes apoplectic, screaming that's illegal! You can't record conversations! I said, it's no more illegal than you recording this conversation, as your secretary rattled off very quickly when answering your phone. Stunned silence for a few ticks. I again asked raising my voice a bit for the first time, ARE YOU AN ATTORNEY! ? He finally answers, no. Before he could start talking again, I said what's your job title? He said, I don't understand what you mean? This went around, fruitlessly for a few minutes, without him ever revealing a job title. He starts in on me, rattling off my name, address, phone number, email (old one),SSN, medical professional title and license, where I (used to) work, and EXACTLY what my specialty (was) is, what kind of car I (used to) drive, plus a BUNCH of other stuff he had no business having knowledge of meaning that illegal intrusion had been used on my personal information, including some health information, plus, somewhere along the line, someone had actually tailed and watched me. I started in on this piece of **** hard and fast. I let him know that I know consumer laws very well, my rights very well, that he had exposed himself to multiple legal problems, and that I hoped to meet him face to face one day. He kept trying to interrupt me, saying, no you don't, no you don't, when stating that I knew consumer laws and rights very well. I, in fact do. My ex son in law is a paralegal for a law firm that handles these type cases, and individual IRS cases. Plus a couple of friends are attorneys. The guy got super aggressive with me, trying to intimidate a 57 year old 6'3" 2860lb granddad of five that's seen a lot in his life, and has been through the mill. I just irritated him to the point where he said, this conversation's over, and hung up on me. They attempted calling one other time, but left no message. I looked the guy's name up via several deep internet searches, but it's a somewhat common Jewish name, and I think I sorted him out, but found nil about him. NO company name. Scam, most definitely. I received a letter from a "National Credit Adjusters" today, claiming to be the "legal owners of your account with CashNet" for the amount of $230. Blah, blah, blah. The usual bottle feeding debt buyer letter. NO FCDPA notice, however. It looks suspicious. I will be disputing said debt, in writing. I'm mailing out Monday, Christmas week, so there's a week shot for them. Then comes New Year week following, another week shot for them. So, I figure, IF this turns out to be legitimate, they have two weeks to work on it. Unfortunately, where we live, TN, consumer protection sucks. And, forget about fighting financial institutions of any sort. TN law disallows litigation by consumers against debtors. Period. They can sue you, rob your bank accounts, garnish at will, etc but you cannot do a damned thing about it. I had my (former) bank account "robbed", with NO notice from the debtor or bank, thrice by bottom feeding debt collectors. Thing was, it was disability benefits, which are untouchable according to federal law, but the bank rolled on me, and released my funds anyway. I can't afford an attorney, no way, no how. The attorneys I know are in different practices than consumer/financial law, and I don't "qualify" for assistance. I got screwed. I stopped my DD to the bank account, and closed the account. Then transferred the DD to a Federal debit card. SS has to be DD. But being on a Federal debit card, I'm better protected. My other disability benefit I changed from DD to a directly mailed check, and pay the issuing bank a nominal fee to cash it while politely listening to a little spiel about the benefits of opening an account with them. I politely decline. Ours is a small city of 28 thousand, about 25 miles east of Nashville. There's an insanely large number of banks here (at least five inside one mile away from our home!), uncountable payday lenders, and numerous subprime loan companies. A very large (and suspicious) number of "gold buyers", and not a few "gold buying party's" sprang up literally overnight a while back, lingered for a short time, and literally disappeared overnight. I know I've gone way off subject here but, there's a reason: there's two common threads to all of this, banking and the Fed. I, purely by accident, saw papers that I was NOT meant to see at a payday lender, and were quickly snatched up "before anyone saw them ;)". What I saw confirmed a suspicion that I have held about payday lenders. That is many or most, if not all are tied to banks themselves. This one WAS most certainly owned by a bank. I see it this way: high risk but, exceedingly high returns for investors willing to front their money in high risk investments. And, there are plenty of them. The other is about gold. Who else would be interested in buying up gold, as much as they could, all over the country, and could set up as well as close shop overnight, and have the massive funding to do so on such a grand scale?