Dec 28, 2011
If you have been contacted by this company, please file a complaint at www.bbbhouston.org. Text from a BBB report below:
According to a BBB complaint, FastCash.com sends demand letters by mail stating the recipient owes the company a substantial amount of money. In the case reported to the BBB, tha amount was over $4,000. The letter to the recipient further stated that if the debt was not paid within 24 hours, the company would report the recipient to the IRS and file a 1099-C. Please note that a legitimate debt collection company will not threaten consumers with such actions.
Additionally, a BBB investigator contacted the company on December 28, 2011 for further background information including additional addresses and key contacts. A man, who would only identity himself as Mr. Bank, answered our call but refused to provide any information other than a fake address in Houston, Texas. Mr. Bank stated that his company was not a debt collection firm, however he refused to state what type of business FastCash.com was. The BBB believes that persons involved in this operation are actually located in Stockton, California, not in Houston, Texas. The BBB encourages all individuals who receive a demand letter from this company to file a complaint with the BBB and your local postal inspector's office.