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 Posted: Tue Sep 09, 2008 1:52 pm Subject: Breach of contract ?? Please read! |
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Hey All, Just want to say first to all of you who help others on this site that you are VERY much appreciated !
My story I have 3 loans One click cash-eastside lenders-paydayone!
One click took 390.00 from my account instead of the 90.00 per the loan terms I called they said because of the loan laws in OHIO effective Sept, 1 they cannot renew loans in Ohio any longer and had to take the full loan amount.
My loan was taken on 8-21-08 nothing in my agreement says anything about this therefore I think thats breach of contract. I disputed with my bank as fraud since I did not authorize that amount. I plan to close my account after the bank gives me my money back.
I then plan to contact the other 2 pdl and make arrangements to pay them off!
Can anyone tell me if any of these 3 are licsensed in Ohio and if Ohio honors wage assignments though I dont know if I signed one! Thank again to you all.
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| Posted: Tue Sep 09, 2008 1:58 pm Subject: |
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I'm not 100% certain that Payday One has an Ohio license but it's likely they do. Payday One generally has licenses in every state where their borrowers are and makes loans according to the borrowers' state laws. I know Ohio's law is changing, but I don't know how/if that affects loans that were taken out before the new law went into effect.
As for the other two . . . One Click Cash claims to be the lending authority of the Santee Sioux tribe in Nebraska, but they are just another one of Scott Tucker's companies that operate out of his Kansas call center. The tribe gets a piece of each loan so he can claim he has "sovereign immunity" when an AG or class action lawyer sues him. It doesn't have any licenses issued by any state.
Eastside doesn't make the extravagant claims One Click does, but it doesn't have a license either.
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FreakyFriday
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| Posted: Tue Sep 09, 2008 1:59 pm Subject: |
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Wage assignments are revokable by you so it really does not matter if they are honored in Ohio. I do not think any of those lenders are licensed anywhere except for Payday One.
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