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Send message to polly
Sub: #49
Replied on 04-14-2006, 09:02 AM
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Go here:

http://198.187.128.12/maryland/lpext...fn=fs-main.htm

look under title 12 subtitle 1 and 3

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Send message to polly
Sub: #50
Replied on 04-14-2006, 09:06 AM
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Check out the penalties for usury in Maryland!!!

Quote:

§ 12-114. Penalties.

(a) Usury.-

(1) Any person who violates the usury provisions of this subtitle shall forfeit to the borrower the greater of:

(i) Three times the amount of interest and charges collected in excess of the interest and charges authorized by this subtitle; or

(ii) The sum of $500.

(2) A claim or plea of usury is not valid if, within 30 days from the date the loan contract was executed, the lender:

(i) Notifies the borrower and any other party to the loan contract that the loan was usurious; and

(ii) Agrees to modify it by substituting for the usurious rate of interest a legal rate of interest not exceeding the stated rate of interest.

(b) Failure to provide required statement.- Any person who violates the disclosure provisions of § 12-106 (b) and (c) of this subtitle is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $1,000 or imprisonment not exceeding one year or both.

(c) Applicability of section.- Even if a loan document is executed outside of the State, this section is applicable if the loan is made to a resident of Maryland and is secured by property located within the State.

[An. Code 1957, art. 49, §§ 8, 10; 1975, ch. 49, § 3; ch. 269; 1988, ch. 559; 1999, ch. 34, § 7.]


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Send message to Missy
Sub: #51
Replied on 04-14-2006, 09:42 AM
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Thanks Polly....you have a wealth of information to
help us)

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Send message to Not so Lucky
Sub: #52
Replied on 04-14-2006, 09:55 AM
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I have an appointment on the 24th of April with an attorney to discuss the matter concerning United Cash Loans.

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Send message to polly
Sub: #53
Replied on 04-14-2006, 09:55 AM
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Naw, I can just google the heck out of anything It's all right there for anyone to see.

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Send message to Xris18
Sub: #54
Replied on 04-14-2006, 01:14 PM
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I sent a recovation letter that I saw on the forum to United Cash loans last night, and this is the response that I received from them.
Your account will be placed in a do not loan status and if you have paid back the amount that was advanced to you there will be no further collections. Additional information on your account will be forwarded to you next week.

Compliance Department of United Cash Loans

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Send message to erzeke1
Sub: #55
Replied on 04-14-2006, 01:47 PM
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I also just emailed them a letter. I have paid them more than I should have. Enough already

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Send message to polly
Sub: #56
Replied on 04-14-2006, 02:08 PM
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SPEAK IT ERZEKE!

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Send message to erzeke1
Sub: #57
Replied on 04-14-2006, 02:15 PM
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:P

Sub: #58
Replied on 04-14-2006, 02:44 PM
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Erzeke,

Did you e-mail United? I've sent them three different e-mails with no response. Can you pm the e-mail address you used? Polly, how did you find out their parent companies name? You are awesome

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Send message to oh2benc2
Sub: #59
Replied on 04-15-2006, 11:58 AM
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I also have had a loan with United Cash and I know they debited my account over $1000 for a 500 dollar loan. I live in Virginia and know this pdl is illegal. I haven't heard from them since I put a freeze and stop payment on my checking account. Should I send them a letter also? or are they laying low and then send me a big collection letter? I want a refund too. I know Polly you and I have been pm each other about this.

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Send message to erzeke1
Sub: #60
Replied on 04-15-2006, 12:49 PM
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Oh2benc2:
Write to them and tell them they have no license to operate in your state or theirs!~
You want in "writing" your account is paid in full!

Posts: 1,148
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Send message to CycloneFan
Sub: #61
Replied on 04-15-2006, 06:19 PM
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Did anyone hear back from them yet? I didn't and wondered if anyone had?

Anonymous
Anonymous
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Sub: #62 lawsuit
Replied on 04-15-2006, 10:49 PM
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I am interesting in helping you out on the lawsuit against these professional loan sharks. The only difference between a loan shark and a pdl, is that the pdl has a tie

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Send message to Not so Lucky
Sub: #63
Replied on 04-16-2006, 10:15 AM
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I am pushing the issue on these crooks. They are unlicensed and unethical and extortionists.


Moderator

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Send message to finsfan13
Sub: #64
Replied on 04-16-2006, 04:55 PM
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Good luck with United cash..i have been trying to contact them since February. I paid $350 on a $200 loan. I don't go through T&C, I do it myself, and I sent them my proposal letter with a $50 payment to the Carson City address. I have since found out that they no longer use this address, the Ok address is a phony, and they don't return messages. I have faxed, emailed and called. I only owe $100. If I could find a way to contact them, I would send them a letter saying they need to consider my account paid in full.

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