OK, what sort of CRACK are these folks on?
Previously, weren't they denying any affiliation at all to Cash Today Limited?
Reading through this I cannot see where they are denying that The Heatmill Village Ltd, is the parent company of Cash Today Ltd.
I do not see how someone pointing out that an individual is Jewish can be construed as anti-semitic. If I point out that the owner of this board Vikas is Black or White, whatever the case might be, am I racist?
I find this to be offensive, purely because Racism is a very deep global issue. My children have been called N*&%R. Now that is RACISM! For someone to point out, as a matter of fact that my children are Black, is not racism, and for someone to say that it is trivilaizes a very real epidemic.
Now to my next point. I am an AMERICAN CITIZEN. There is this little thing that I am entitled to which is called FREEDOM OF SPEECH. So the folks at Skyes Anderson LLP., Harris Holdings Ltd., The Heathmill Village Ltd., and Cash Today Ltd., CAN BITE ME!
Cash Today is breaking laws in the UK and the US.
The UK Consumer Credit Act of 1974 states:
"53 Duty to display information
Regulations may require a person who carries on a consumer credit business or consumer hire business, or a business in the course of which he provides credit to individuals secured on land (other than credit provided under an agreement which is an exempt agreement as a result of section 16(6C)), to display in the prescribed manner, at any premises where the business is carried on to which the public have access, prescribed information about the business."
"20 Total charge for credit
(1) The Secretary of State shall make regulations containing such provisions as appear to him appropriate for determining the true cost to the debtor of the credit provided or to be provided under an actual or prospective consumer credit agreement (the “total charge for credit”), and regulations so made shall prescribe—
(a) what items are to be treated as entering into the total charge for credit, and how their amount is to be ascertained;
(b) the method of calculating the rate of the total charge for credit.
(2) Regulations under subsection (1) may provide for the whole or part of the amount payable by the debtor or his relative under any linked transaction to be included in the total charge for credit, whether or not the creditor is a party to the transaction or derives benefit from it.
60 Form and content of agreements
(1) The Secretary of State shall make regulations as to the form and content of documents embodying regulated agreements, and the regulations shall contain such provisions as appear to him appropriate with a view to ensuring that the debtor or hirer is made aware of—
(a) the rights and duties conferred or imposed on him by the agreement,
(b) the amount and rate of the total charge for credit (in the case of a consumer credit agreement),
(c) the protection and remedies available to him under this Act, and
(d) any other matters which, in the opinion of the Secretary of State, it is desirable for him to know about in connection with the agreement.
(2) Regulations under subsection (1) may in particular—
(a) require specified information to be included in the prescribed manner in documents, and other specified material to be excluded;
(b) contain requirements to ensure that specified information is clearly brought to the attention of the debtor or hirer, and that one part of a document is not given insufficient or excessive prominence compared with another.
63 Duty to supply copy of executed agreement
(1) If the unexecuted agreement is presented personally to the debtor or hirer for his signature, and on the occasion when he signs it the document becomes an executed agreement, a copy of the executed agreement, and of any other document referred to in it, must be there and then delivered to him.
(2) A copy of the executed agreement, and of any other document referred to in it, must be given to the debtor or hirer within the seven days following the making of the agreement unless—
(a) subsection (1) applies, or
(b) the unexecuted agreement was sent to the debtor or hirer for his signature and, on the occasion of his signing it, the document became an executed agreement.
(3) In the case of a cancellable agreement, a copy under subsection (2) must be sent by post.
(4) In the case of a credit-token agreement, a copy under subsection (2) need not be given within the seven days following the making of the agreement if it is given before or at the time when the credit-token is given to the debtor.
(5) A regulated agreement is not properly executed if the requirements of this section are not observed.
Amendments to the Act
2.—(1) The Act shall be amended as follows:
(2) In section 61 (signing of the agreement), in paragraph (b) of subsection (2) (unexecuted agreement to be sent to debtor or hirer by post for signature), for “by post” substitute “by an appropriate method”.
(3) In section 63(3) (duty to supply copy of executed agreement), for “by post” substitute “by an appropriate method”.
(4) In section 64 (duty to give notice of cancellation rights), for “by post”, in each place where it occurs, substitute “by an appropriate method”.
(5) For section 69(7) substitute—
Citation, commencement and interpretation
1.—(1) This Order may be cited as the Consumer Credit Act 1974 (Electronic Communications) Order 2004 and shall come into force on 31st December 2004.
(2) In this Order, the “Act” means the Consumer Credit Act 1974(b).
“(7) Whether or not it is actually received by him, a notice of cancellation sent to a person shall be deemed to be served on him—
(a) in the case of a notice sent by post, at the time of posting, and
(b) in the case of a notice transmitted in the form of an electronic communication in accordance with section 176A(1), at the time of the transmission.”.
(6) In section 176 (service of documents), in subsection (2) (permitted methods of service), for “by post” substitute “by an appropriate method”.
(7) After section 176 insert—
“176A Electronic transmission of documents
(1) A document is transmitted in accordance with this subsection if–
(a) the person to whom it is transmitted agrees that it may be delivered to him by being transmitted to a particular electronic address in a particular electronic form,
(b) it is transmitted to that address in that form, and
(c) the form in which the document is transmitted is such that any information in the document which is addressed to the person to whom the document is transmitted is capable of being stored for future reference for an appropriate period in a way which allows the information to be reproduced without change.
(2) A document transmitted in accordance with subsection (1) shall, unless the contrary is proved, be treated for the purposes of this Act, except section 69, as having been delivered on the working day immediately following the day on which it is transmitted.
(3) In this section, “electronic address” includes any number or address used for the purposes of receiving electronic communications.”.
(
In section 189 (definitions), in subsection (1), insert the following at the appropriate places—
““appropriate method” means–
(a) post, or
(b) transmission in the form of an electronic communication in accordance with section 176A(1);””.
““electronic communication” means an electronic communication within the meaning of the Electronic Communications Act 2000 (c.7)””.
(9) In that subsection, in the definitions of the expressions “give” and “serve on” for “by post” substitute “by an appropriate method”.
Amendments to the Consumer Credit (Termination of Licences) Regulations 1976
3.—(1) The Consumer Credit (Termination of Licences) Regulations 1976(a) shall be amended as follows:
(2) In regulation 7, for “by post”, in each place where it occurs, substitute “by an appropriate method”
Nevada law states;
Sec. 21.8. 1. As used in this chapter, unless the context
otherwise requires, the following terms have the meanings
ascribed to them in the Truth in Lending Act and Regulation Z:
(a) “Amount financed.”
(b) “Annual percentage rate.”
(c) “Finance charge.”
(d) “Payment schedule.”
(e) “Total of payments.”
2. For the purposes of this chapter, proper calculation of the
amount financed, annual percentage rate and finance charge for
a loan must be made in accordance with the Truth in Lending Act
and Regulation Z.
Sec. 29. 1. A person, including, without limitation, a
person licensed pursuant to chapter 675 of NRS, shall not operate
a check-cashing service, deferred deposit loan service, short-term
loan service or title loan service unless the person is licensed with
the Commissioner pursuant to the provisions of this chapter.
2. A person must have a license regardless of the location or
method that the person uses to operate such a service, including,
without limitation, at a kiosk, through the Internet, through any
telephone, facsimile machine or other telecommunication device
or through any other machine, network, system, device or means,
except that the person shall not operate such a service through
any automated loan machine in violation of the provisions of
subsection 3.
3. A person shall not operate a deferred deposit loan service
or short-term loan service through any automated loan machine,
and the Commissioner shall not issue a license that authorizes the
licensee to conduct business through any automated loan
machine.
Sec. 30. 1. A licensee shall post in a conspicuous place in
every location at which he conducts business under his license:
(a) A notice that states the fees he charges for providing
check-cashing services, deferred deposit loan services, short-term
loan services or title loan services.
(b) A notice that states a toll-free telephone number to the
Office of the Commissioner to handle concerns or complaints of
customers.
The Commissioner shall adopt regulations prescribing the form
and size of the notices required by this subsection.
2. If a licensee offers loans to customers at a kiosk, through
the Internet, through any telephone, facsimile machine or other
telecommunication device or through any other machine, network,
system, device or means, except for an automated loan machine
prohibited by section 29 of this act, the licensee shall, as
appropriate to the location or method for making the loan, post in
a conspicuous place where customers will see it before they enter
into a loan, or disclose in an open and obvious manner to
customers before they enter into a loan, a notice that states:
(a) The types of loans the licensee offers and the fees he
charges for making each type of loan; and
(b) A list of the states where the licensee is licensed or
authorized to conduct business from outside this State with
customers located in this State.
3. A licensee who provides check-cashing services shall give
written notice to each customer of the fees he charges for cashing
checks. The customer must sign the notice before the licensee
provides the check-cashing service.
Sec. 31. 1. Before making any loan to a customer, a
licensee shall provide to the customer a written loan agreement
which may be kept by the customer and which must be written in:
(a) English, if the transaction is conducted in English; or
(b) Spanish, if the transaction is conducted in Spanish.
2. The loan agreement must include, without limitation, the
following information:
(a) The name and address of the licensee and the customer;
(b) The nature of the security for the loan, if any;
(c) The date and amount of the loan, amount financed, annual
percentage rate, finance charge, total of payments, payment
schedule and a description and the amount of every fee charged,
regardless of the name given to the fee and regardless of whether
the fee is required to be included in the finance charge under the
Truth in Lending Act and Regulation Z;
(d) A disclosure of the right of the customer to rescind a loan
pursuant to the provisions of this chapter;
(e) A disclosure of the right of the customer to pay his loan in
full or in part with no additional charge pursuant to the provisions
of this chapter;
Sec. 84. This act becomes effective on July 1, 2005.
http://www.leg.state.nv.us/73rd/bills/AB/AB384_EN.pdf
Re:
http://www.fid.state.nv.us/Qry_CkCashLicensee.asp
Cash Today incorporated in the UNITED STATES OF AMERICA, as Leads Global Inc., among other names, and is required to follow the laws of the states that they incorporate in.
Vikas if these folks are reading this now, they know who I am, and I could care less.
No worries.
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