CFPB Debt Collection Complaint Ranking*:
#47 of 2,458 Companies
Lawsuits, Penalties, or Sanctions:
Consumer Finance Protection Bureau sues CashCall for illegal online loan servicing.
Location and Contact Details:
One City Boulevard West
Suite 102
Orange, CA 92868
Phone: (877) 525-2274
Fax: (949) 225-4699
J. Paul Reddam, Founder, CEO, President
Del Meeks, CFO
Michael Chiang, VP Risk Management
Business Model:
CashCall, Inc. provides personal loans, small business loans, mortgage home loans, and refinancing. It offers unsecured loans to borrowers who use loans for one-time purchase and debt consolidation.
It states that it processes personal loans “entirely over the phone, Internet, and fax.”
CashCall, Inc. is based in Orange County, California. It was founded in 2003 by J. Paul Reddam the current CEO. He is Canadian and a former professor of Philosophy at the University of Southern California. In 1995 he founded Ditech, the first online mortgage lending company. Reddam abruptly resigned from Ditech in 2000 on the same day top executives of Ditech were indicted in an extortion probe. Reddam then founded CashCall.
Impac Mortgage Corp. does business as CashCall Mortgage.
WS Funding, LLC is a subsidiary of CashCall.
Delbert Services is an affiliate of CashCall.
* Ranking determined by the overall number of debt collection complaints to the Consumer Financial Protection Bureau (CFPB) as of year-end 2015 and should be considered in context of company size and/or market share. See the CFPB debt collection complaint database in real-time here.
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