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#17 06-29-2009, 08:44 AM

i was called and told to pay 510 for a 3 hundred dollar loan they said they would call my county and report me for fraud i tried to give them half but they said they wanted the whole amount and would not except a smaller amount what do i do please help

#18 06-30-2009, 04:30 PM

If they have already accepted a payment, they cannot sue. They have not provided legal documentation have they? Any judge in their right mind wouldn't even hear the case. 1 they accepted payment. 2, they denied a payment when the whole point is they want to be paid? NO. I don't think so. Don't even sweat it. Do a letter of debt validation. have your job send one to them saying they can't contact. no matter how many time you tell them verbally they won't stop. you can go to your local police department and file a harrassment suit. record their phone calls since they don't. There is something crazy about this place. Wont ever try to prove who they are.

Chrys Henderson · #19 07-01-2009, 01:07 AM

What state are you in and what was the original PDL and how much did you pay on the org PDL?

#20 07-01-2009, 01:43 AM

California

Chrys Henderson · #21 07-01-2009, 01:55 AM

Cali state law:
"http://www.paydayloaninfo.org/state_detail.cfm?id=CA"

And,

Quote:

what was the original PDL and how much did you pay on the org PDL?

#22 07-01-2009, 02:04 AM

The original loan was 300 and when it went into collections i paid them $50 and told them i would pay them 245 the next time and when the day came to pay 245 i couldnt pay that much and still offered to pay another amount. and ofcourse they said no and they were going to take me to court for fraud.

Chrys Henderson · #23 07-01-2009, 02:32 AM

No, it isn't fraud. Fraud is criminal, debts are civil. I meant how much did you pay on the *original* PDL, *not* the collectors. Was it the only PDL you had? These questions are very relevant because your question cannot be even half way decently answered without this info (if there is something illegal going on then there is no way they would ever sue you at all, but if it is legitimate then you certainly *can* take you to court). So are you saying you borrowed but never paid them back a dime until it went to collections? How did you pay, by a prepaid debit card or money order in the mail?

#24 07-01-2009, 02:40 AM

the company was EPP Processing and I think I paid them about 270 or 350 and then i had 5 other internet loans and couldnt keep up so i closed my accounts and try to let them go into collections so i could try to pay each of them off a couple at a time. when it went to collections i paid with money gram.

#25 07-01-2009, 02:48 AM

And i forgot to mention that i set up payment with my checking account with these PDL's "before" it went into collection.

Chrys Henderson · #26 07-01-2009, 05:03 AM

I can't find anything at all about EPP Processing, except this thread where someone had asked about it -back in 2005 - but no one could find any info about it.

I'd say that it might be the Electronic Payment Processor and not the PDL itself, but I'm not sure (the PDL experts hang out in the PDL forum).

If you looked at the website I provided above, you will see that only ONE PDL is allowed at any one time, in the state of California. Acceptable interest is 459% APR (which is $17.65 per $100 for 2 weeks). The max loanable is $300 and ONLY ONE LOAN AT A TIME is legal, with free EPP (Extended Payment Plan) available. No rollovers allowed, and 1 (free) extension is allowed.

Anything past this is illegal and in that case you would be only responsible to pay back the original principal amount (and don't listen to them when they tell you nonsense like the Laws of Malta or something).

So, only the FIRST loan needs to be paid back with the high interest, the rest only the principal.

First, head over to the Payday Loan forum where nearly every PDL has been discussed (you can also use the Search box). Addresses and phone #s will be there. Write letters to all the PDLs after the 1st one, that you took out *at the same time as you had another open*and let them know the Calif law that only one PDL at a time is legal, and if you have paid the principal, then ask for a Paid in Full letter. If you have paid too much, ask for a refund of the balance (you may not get it, but it's worth a try).

Check out the link I posted above, it has a link on it to all legally licensed to operate in Calif. PDLs. The ones not on that list are also included in the "pay principal only" stack. File a complaint against the other companies. File a complaint against every company that loaned to you when you already had an outstanding PDL, and any company that let you roll your loan over, etc. Also file a complaint against the same companies with the FTC and the State Attorney General. The ones that are paid, request a Paid-In-Full letter and that the account be closed and any collections be ceased immediately. The ones that aren't finished being paid, see if you can pay the remainder of the loan when you write. Include proof of payments. (For example - you have a $300 loan. You have receipts that prove you paid $290. Send them $10 and be done with it).

Oh, and you should close your bank account. A link explaining why it's recommended is on the following thread, which you should also read: Dealing With Illegal Payday Lenders.

And the most important advice? NEVER GET A PAYDAY LOAN AGAIN!!!!

#27 07-02-2009, 08:29 PM

Someone from this company called me on my cell. I called back and asked who I was talking to because of the call to my phone. The man was extremely hostile and when I spelled my name(because he couldn't understand) he said he knew that I was spelling it fast for deceptive reasons. He asked if I knew 3 different people, I replied that no one by those names lived in the house. I had no clue who they were, only people with the same last name. He then proceeded to call me a liar and because I said "this house" it proved that I knew them. At that point I told them that they had called my phone and harassed me and never to call my phone again. The man Hal Jordan, or something like that was very threatening. What recourse do I or any one else have in situations like this? This was not even about me, but about someone who had put my name as a reference. This type of scare tactics should not be allowed and it has to be stopped.

Chrys Henderson · #28 07-05-2009, 09:14 PM

Guest,

Send them a Cease & Desist letter and file a complaint against them with the FTC, the FCC, and your State Attorney General.

#29 07-07-2009, 04:30 PM

SO EVERYONE ALSO KNOWS. THEY CALLED ME MADE ARRANGEMENTS AND THEN CALLED AND SAID THEY WOULD SUE ME FOR FRAUD AND WANTED 2200.00 THAT DAY TO BE DEPOSITED IN A BANK ACCOUNT WITH WELLS FARGO. I CALLED THE COURT HOUSE IN ANAHEIM CA. AND THEY DIDNT EVEN HAVE THEM ON RECORD. THE LADY SAID IF THEY WERE LEGITAMENT THAT THEY BY LAW HAD TO GIVE ME THEIR BUSINESS LICENSE NUMBER THE MAN WAS SO RUDE CALLED ME DUMB AND THINGS BUT IN THE END WHEN I ASKED HIM FOR HIS BUSINESS LICENSE NUMBER HE HUNG UP. I CALLED CITY HALL BACK AND THEY TOLD ME DO NOT DO BUSINESS WITH THEM OR GIVE THEM ANY INFORMATION WHAT SO EVER THEY ARE NO A LEGAL COMPANY.

#30 07-09-2009, 08:50 PM

these people also theaten me and said that they were going to take me to court for fraud and when I told him that I called a lawyer and he needed to speak with him and he said we do not work with third parties and then he want off on me, so I told him that the conversations was over and I hung up on him.

#31 07-09-2009, 08:55 PM

these people also theaten me and said that they were going to take me to court for fraud and when I told him that I called a lawyer and he needed to speak with him and he said we do not work with third parties and then he want off on me, so I told him that the conversations was over and I hung up on him.

#32 07-09-2009, 10:39 PM

Yes, they are awful. They called my Mom and threatened her too with the "we'll take you to court if you don't pay" line too. She almost believed it. Then I got on the line after she gave them authorization to talk with me. The "supervisor" asked me my name and my occupation. I told him my first name and told him my occupation was none of my business. I said that my Mom is represented and he gave me the whole spiel that this was a debt after bankruptcy and that after a discharge the attorney no longer represents my Mom. I then started to tell him that attorney-client relationship does not terminate based on a discharge. I had a feeling he didn't talk to them so I started giving him the name and number. He refused to take it down. He started getting rude. He said, "Oh, so you are just coming on the line talking big, but you don't know anything. That's okay, I have your name now so I can pull things on you." Uh uh. Big mistake. I asked for their contact information, and they refused to give it to me. I asked for something in writing, and they refused to give it to me, citing "fraud" and California state law. Excuse me? Last time I checked, bankruptcy was federal, and not state law jurisdiction. Hmmm...they were getting very fishy.

Here's the bottom line: Read up on the Fair Debt Collection Practices Act. Read it well. Particular, 15 U.S.C starting from section(s) 802 on. In particular, they need to stop calling your work when they are informed they are not authorized to call there. Verify this is a true debt by asking for a written piece of paper with their information on it, including phone number, any judgments, or proofs saying they have authorization to go after you and that your debt is sufficient. They are just looking to get as much from you as they can. If they are going to file a lawsuit, they would have already done so. You must be personally served, or sub-served, with a follow up copy of the Complaint, Summons, etc. via US Mail. I'm in California and checked --- no filing, no nothing yet.

As for their company information, for California you can just go on to the Secretary of State Website and do a search. They were tricky to find, but I found the following information if you would like it. I am going to have my law office follow up on better contact information too and I'll post it as soon as I find something.

Nobel Recovery Services, LLC
2648 W Ball Road, Suite 113, Anaheim, CA 92804

Nobel Recovery Services, LLC
9052 W Katella Suite 426
Anaheim, CA 92804

Legalzoom.com (C2967349)
7083 Hollywood Boulevard, Suite 180
Los Angeles, CA 90028
Fax: (323) 962-8300

DO NOT give them items such as a social security number or bank numbers, etc. It is illegal what they are doing. Call your BBB, make a complaint with the FTC, and contact your State Attorney General. Go on your credit reports and put at least a 90 day fraud charge. And, it is illegal also to say that they will seize property "if you don't pay." Get the facts straight before you do or agree to anything and ALWAYS get something in writing. Always check with your attorney too. I'm having my Mom do that.