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Posted: Wed Mar 22, 2006 2:47 pm Subject: Got a payday loan dropped

I have good news and bad news.
Good news first:
I sent out my faxes today telling lenders that I no longer authorized them to debit my account and they sent me an email saying that my account was paid in full.

Bad news:
This company called getpaydaytoday, faxed to my personal and work fax the following letter:
Dynamic Holdings Ltd.
www(dot)getpaydaytoday(dot)com
Lender

To
Ms. Smalls-West Taucier
Fax: 1/877-630-7287, 1/386-943-7957

Ms. Smalls, please read the federal law about the jurisdiction of the online businesses sand also verify it on our web page www(dot)getpaydaytoday(dot)com.
�As soon as you have been applying for the loan online it was Beliezen jurisdiction and has Florida's state law nothing to do with it.'

On the other hand we let you borrow $500 loan, and you paid back just one payment in amount of $165.35, which is not what we gave it to you and you can not gain money from us even under the Florida's stat law and their jurisdiction. Which means you broke the law with that letter and we will have to act immediately with charges.

We are giving you notice to immediately recall all your letters or we will have to legally prosecute you and press charges.

If you do not send us recall of that letter and to the bank in next 24 hours we will have to start with actions regarding the Arbitration you signed.

Sincerely
Richard Montana

* * * * * * * * * * * * * * * * *
LOAN CENTER
www(dot)getpaydaytoday(dot)com
Toll free: 1 866 569 4652
fax: 1 775 546 9996
LOAN CENTER

I immediately e-mailed them telling them that they are to NEVER again send personal faxes to my work and that I would follow every legal recourse at my disposal if they continued to do so.

But the fact remains that when the office workers go in tommorow morning they are going to find this embarrassing fax. i work at a school and even though I am off work this week, they are still in the office.

Links made inactive as per forum rules-Mike

Posted: Wed Mar 22, 2006 2:56 pm Subject:

Ok, on this one, you paid one payment of $165.35?

My response would be for you to offer them a settlement in the form of $500+the loan fees authorized by the state of florida, minus the $165 you already paid.

See how they react to that.

I would also call into your job and speak to your supervisor and explain to him/her what is going on. I'm sure they will understand.

Let me know what happens.

Posted: Wed Mar 22, 2006 3:01 pm Subject:

This is what is going on. I had one loan with them which I paid off (with loads of interest). I then took out another loan with them for 500 dollars and they set it up so that I would be paying $165 for 5 payments. Now they want 600+ more dollars.

Posted: Wed Mar 22, 2006 3:13 pm Subject:

So do I really have NO rights because they are in Belize? Someone help!!! Virginia Law Defense, where are you?!?!?!

Posted: Wed Mar 22, 2006 3:20 pm Subject:

Maybe we can find out the payday laws in Belize? I'll see what I can find?

Posted: Wed Mar 22, 2006 3:23 pm Subject:

Thanks Jessi. Well at least Rio Resources marked my loan paid in full and they are even sending me a refund!

Here is another e-mail from the getpaydaytoday guys. I just got it:
Ms. Smalls

you have right to defend yourself. But you have to know what did you sign and under which jurisdiction you sign it.

On the other hand we helped you out with payment option, because you asked us for. Now you are abiding interests you signed. It is not fair even not respectful to us as a lender.
We are doing our business for ages and we know what we are doing.
You should ask your lawyer about online jurisdiction and about arbitration that you signed. Our rights are to collect money back and we gave you 8 days notice to pay it back in full or we will have to do further action, that means we are not going to send any more faxes to your job. But later we can do everything you agreed with in arbitration agreement that you signed and you are legally old enough to know what you are signing and to take responsibilities on signed documents.

I am just asking myself if is worth for $600, that is the question you know the answer.

That is all I have to say at this point and I really did not expect this from you.

Respectfully,

Daniel

Posted: Wed Mar 22, 2006 3:35 pm Subject:

respond to them that your state considers net based payday loans to require licensing and that if they claim laws in thee jurisdiction of your domicile do not apply to them, then the argument is the same with respect to their laws applying to you. Challenge them that you will fight them in court if they were to try enforce a foreign judgement since they are not following the laws of your state. Also send a copy of all correspondence to your state attorney general's office along with a complaint. make sure they know you have filed one.

Posted: Wed Mar 22, 2006 3:45 pm Subject:

I just wrote them back saying what you told me to. Now I will print up all the letters and send my complaint in tommorow.

Posted: Wed Mar 22, 2006 3:47 pm Subject:

keep us posted. by the way what do you teach?

Posted: Wed Mar 22, 2006 3:51 pm Subject:

I am an ESE teacher, 3rd, 4th and 5th grade.

Posted: Wed Mar 22, 2006 3:53 pm Subject:

I ran across a ruling from a court case where the US courts found the mandatory arbitration clause to be void. If you'd like I can find the link and send it to you.

Posted: Wed Mar 22, 2006 4:03 pm Subject:

set4sail,

Please send it to me. This guy has really made me angry. And the more I think about it, what is he going to do, come and drag me to Belize to stand trial in court?

Posted: Wed Mar 22, 2006 4:06 pm Subject:

You know I'm thinking that they did not send this to your job...WOuldn't that be against the law? they're giving people personal information without your consent? I bet they're just trying to scare you.

Keep copies of all of this, and let us know how this goes with the attorney general..

I'm still waiting to hear from JD Marketing. Mishele says they're easy to work with, but we shall see.

Posted: Wed Mar 22, 2006 4:10 pm Subject:

I hope not. But when I got the fax it had my personal fax number and what looks like the one at work (not sure). Come to think of it, I never gave them a fax number for my work. It might be for the payroll office at my school board. I'll bet he got it when he called to verify employment.

Posted: Wed Mar 22, 2006 4:15 pm Subject:

I think it's just to freak you out...The embarassment factor.

Posted: Wed Mar 22, 2006 4:16 pm Subject:

Just got another email. I don't know, does it sound like his tune is changing?

He writes:
I wanted to help you out.
I do not know what I did wrong.

You know lending money is tough business and we are used to it, that people are complaining about interests, but we did not charge you that much as other did to you.

Daniel

He's weakening. I don't want to duck out on paying, I just want to pay what I owe under my State's law. Am I wrong for that. These people try to make you feel like your a bad person because you can't pay 500% interest on their loans. I am so fired up right now. He still hasn't sent me the information about all the interest and principal payments on a previous loan I had with them. He is pretending that this was the only loan I took out with them.

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