| Message |
Author |
 Posted: Wed Jun 27, 2007 12:52 pm |
|
|
Can someone pls translate this?
| Quote: | Legal Status: Prohibited
Citation:
Small loan act applies. Mass. Gen. Laws Ann. ch. 140 § 96 et seq.;209 Mass. Code Regs. § 26.01. Check cashers are specifically prohibited from making loans unless licensed under the small loan act. 209 Mass. Code Regs. § 45:14( .
Small Loan Rate Cap
23% plus $20 administrative fee upon the granting of a loan
http://www.state.ma.us/dob |
|
|
jiyoonsung
Joined: 27 Jun 2007
Posts: 21
Debtcc Points: 644
|
|
|
| Posted: Wed Jun 27, 2007 1:05 pm |
|
|
i have been dealing with Westbury Ventures (Andrea Collins) and National Payday Advance (Mr. John Michaels).. i have NO idea what i even borrowed at this point. i have paid back (with fees) well over $300-$400 to each, so at this point, i have STOPPED payments. i have asked both "companies" to provide me with paper copies of all activity of my accounts.. neither can.. or will.
|
|
jiyoonsung
Joined: 27 Jun 2007
Posts: 21
Debtcc Points: 644
|
|
|
| Posted: Wed Jun 27, 2007 1:08 pm |
|
|
and i have to leave now.. i will be back in the AM. any thoughts would be helpful. they were both internet loans..
|
|
jiyoonsung
Joined: 27 Jun 2007
Posts: 21
Debtcc Points: 644
|
|
|
| Posted: Wed Jun 27, 2007 1:17 pm |
|
|
It means that payday loans are illegal in MA unless they are licensed under small loan act. Do you have internet pdls? If so, I can bet you that none of them are licensed under MA's small loan act, if they were, they would be bound by the 23% interest rate cap by your state. Which companies are you dealing with? And also, if these are internet pdls, they are not licensed, and you need to file a complaint against each one, if you have multiple pdls, with your Attorney General's office.
|
|
WHEREAMI
Joined: 26 Aug 2006
Posts: 5316
Debtcc Points: 71262
|
|
|
| Posted: Wed Jun 27, 2007 1:18 pm |
|
|
SOrry, i overlooked, you stated which companies you are dealing with. I highly doubt they are going to send you anything, they are already operating illegally without a license. Get those complaints in.
|
|
WHEREAMI
Joined: 26 Aug 2006
Posts: 5316
Debtcc Points: 71262
|
|
|
| Posted: Wed Jun 27, 2007 5:47 pm |
|
|
I sent you a PM.
|
|
Roadwarrior
Debt Samaritan
Joined: 07 Apr 2006
Posts: 606
Debtcc Points: 298
|
|
|
| Posted: Wed Jun 27, 2007 7:39 pm |
|
|
Roadwarrior my friend I knew you would come along 
_________________
RYDERS OF THE NIGHT
|
|
KYSIDE38
Joined: 19 Jun 2006
Posts: 2502
Debtcc Points: 37316
|
|
|
| Posted: Thu Jun 28, 2007 5:35 am |
|
|
thank u guys. ive done a lot of research, and at this point, i just needed a lil confirmation that im not crazy. should i pull all the payments from my bank acct and print them out?
these ppl r obnoxious. the chick from Westbury went as far to say she doesnt care what i do b/c she gets paid every friday regardless.. well, then why are u sweatin me.. and i know they are all commission based.. so she is FULL OF SH*T! and i told her that.. boy did i make a mistake...
|
|
jiyoonsung
Joined: 27 Jun 2007
Posts: 21
Debtcc Points: 644
|
|
|
| Posted: Thu Jun 28, 2007 9:26 am |
|
|
What is this??!!
She is making up another one now. Not once did she ever reference another loan and i did not take out a second... So now all of sudden, i have a second balance. Scam artists...
| Quote: | On 6/28/07, Andrea Collins <acollins> wrote:
Case# 212785 - was funded to your checking account on 1/12/07, AS WAS Case#241935. Case# 212785 had its FINAL SETTLEMENT payment for $240.00 on 2/14/07. Case# 241935 was never paid. That is where the other $480.00 balance comes from. As far as your MA "information" goes, we are based in Deleware, you did not go through a store in MA, so MA laws do not apply to us. We are also a national company and are required to follow only Federal Laws -=) And we have broken none.
Have a Good Day!
Andrea Collins
Westbury Ventures
Account Manager
1-800-859-6439 ext275
800.859.6450 fax
MONEY GRAM INFO
You must fill out the
BLUE EXPRESS PAYMENT form
Recieve Code #4959
Pay To LTS Management
Code City/State Wilmington, DE 19803
Account# or SS# will also be needed |
|
|
jiyoonsung
Joined: 27 Jun 2007
Posts: 21
Debtcc Points: 644
|
|
|
| Posted: Thu Jun 28, 2007 9:32 am |
|
|
Please file a complaint with the MA Attorney Generals office. Payfday loans are Prohibited there. You will receive e-mails from all of them saying crap like this. They must follow the law there. KYSIDE38
_________________
RYDERS OF THE NIGHT
|
|
KYSIDE38
Joined: 19 Jun 2006
Posts: 2502
Debtcc Points: 37316
|
|
|
| Posted: Thu Jun 28, 2007 9:39 am |
|
|
im leaving work early and will take care of all that today. this chick is an ass... so what does being a national company mean? i mean i have filed a complaint with the FTC.. so thats Federal.. so i should have all my bases covered, right?
|
|
jiyoonsung
Joined: 27 Jun 2007
Posts: 21
Debtcc Points: 644
|
|
|
| Posted: Thu Jun 28, 2007 9:41 am |
|
|
They will all tell you they are federal. They must follow the law in the state where the borrower resides. The person that is in charge of state law is the Attorney General. In WV the4 loans are Prohibited also. The AG here has sued many of these companies and consumers are getting refunds. So Please file with AG. KYSIDE38
_________________
RYDERS OF THE NIGHT
|
|
KYSIDE38
Joined: 19 Jun 2006
Posts: 2502
Debtcc Points: 37316
|
|
|
| Posted: Thu Jun 28, 2007 9:43 am |
|
|
thanks. this is very helpful. i will call them as soon as i leave work. this chick is really pissin me off now...
|
|
jiyoonsung
Joined: 27 Jun 2007
Posts: 21
Debtcc Points: 644
|
|
|
| Posted: Thu Jun 28, 2007 9:46 am |
|
|
You are WELCOME. Also Roadwarrior is from MA and has dealt with the loans. He can be of great help to you. Just PM him. KYSIDE38
_________________
RYDERS OF THE NIGHT
|
|
KYSIDE38
Joined: 19 Jun 2006
Posts: 2502
Debtcc Points: 37316
|
|
|
| Posted: Thu Jun 28, 2007 11:33 am |
|
|
now she is asking me for proof from my bank that they only made ONE deposit. i told her the burden lies on her, if she can prove i owe TWO loans, i would be more than happy to pay what i borrowed, minus the fees.. is that the wrong tactic to use, or should i stop communication with her? i told her it was entertaining to email with her because her spelling is horrible, she doesnt know what she is talkin about and she keeps saying each email is her last...
i know this is serious, but she is amusing me...
|
|
jiyoonsung
Joined: 27 Jun 2007
Posts: 21
Debtcc Points: 644
|
|
|
| Posted: Thu Jun 28, 2007 1:35 pm |
|
|
| Quote: | No ma’am YOU are purposely provoking me by asking the same question over and over. I have real customers to handle. I provided the fund date. THIS IS NOT A CREDIT CARD. We do not have monthly statements that are produced. I am done wasting time on you. When you want to handle your affairs like a mature woman, get back to me. I am blocking all emails, so if you want to contact us, you can do so by phone, and speak with my supervisor at 1-800-859-6439 EXT 242 (Ms. Hampton). I am not scared of you, I have done my job.
From: betsey m [email addy removed for your safety - Goudah]
Sent: Thursday, June 28, 2007 3:19 PM
To: Andrea Collins
Subject: Re: Your outstanding debts.
i just keep asking for some sort of paperwork to show any debts u claim i have. i keep asking for something that u are refusing to produce. and researching my rights and contacting my bank is far from laziness. ur insults will only benefit me. all of your insinuations, insults and put downs are what is harassment.. i am a simply a consumer looking for some answers. if you're legit in anything you say and if your company is on the up and up, as u claim, just like any other business, u would be able to produce something other than empty threats. all i am looking for is something in writing to show what i have borrowed, what was paid and what is owed. if u, as a service rep, cannot provide that then clearly we have nothing left to talk about. if i owed money to a real company, such as an electric company, or a credit card company, online or otherwise, i am sure they would jump at the chance to produce paperwork so that the matter could be cleared up.
...and for the record, u have not told me anything on how to clear anything up... u have told me that i am lazy, u told me that my comprehension skills are lacking , u have told me i am unable to understand the concept of a simple bank statement.. u have called me a thief, which is ironic because thats exactly what you are.. u have assumed i dont have a "good name", whatever that means.. and u called me a deadbeat..
so until YOU show ME what, if anything, i owe, which clearly u cannot do... i would ask that u stop contacting me. u said it in SEVERAL emails that i have paid my debt. and then 20 emails later, u make up another "case #" and tell me i owe that too... nice try Andrea.
its also convenient that u have 15 different company names yet no physical address . i told u once u showed me something in writing, i would mail u a money order but that didnt seem to be good enuff. so i guess i, along with everyone else who has been scammed by u, am right. |
|
|
jiyoonsung
Joined: 27 Jun 2007
Posts: 21
Debtcc Points: 644
|
|
|
