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Info on Global Payday Loan, LLC dba payday-loan-yes, cashnet500, e-pay

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PostPosted: Wed Oct 22, 2008 1:21 pm Subject: Info on Global Payday Loan, LLC dba payday-loan-yes, cashnet

I just wanted to pass along this info that I just received from Utah.

This is the original email I sent to them.......
Can you tell me if the following payday lender is licensed in your state? Global Payday Loan, LLC
dba/ Payday-Loan-Yes
cashnet500
e-payday-loan
4001 South 700 East #500
Salt Lake City, Utah 84107


This is their response:
Global Payday Loan LLC was registered as a payday lender in Utah two years ago. They voluntarily left the internet payday loan arena. They also operated another DBA as Cash Net 500.

Global Payday LLC was authorized by the Utah Department of Financial Institutions to offer internet payday loans only to Utah residents. Global Payday was not authorized to make internet payday loans to citizens of other states based on their Utah registration.

To the best of my knowledge they do not offer loans to Utah citizens since they surrendered their registration two years ago.

Jerry Jaramillo
Supervisor of Savings & Loans and Trusts
Utah Department of Financial Institutions

kak213

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PostPosted: Thu Oct 23, 2008 3:00 am Subject:

BBB says,
Quote:
Name: Global Payday Loan, LLC
Phone: (888) 227-4638 ext. 528
Fax: (800) 887-9284
Address: 4001 South 700 East # 500
Salt Lake City, UT 84107
Website: Payday-Loan-Yes.com
cashnet500.com
e-payday-loan.com
Principal: Owner/Manager
Customer Contact: Owner/Manager
File Open Date: October 2005
TOB Classification: Payday Loans
BBB Accreditation: This company is not a BBB Accredited business.

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PostPosted: Thu Oct 23, 2008 8:27 am Subject:

Well, I just did it.
These people have been calling me at work every day since last Friday.
I sent them a C&D back in August and have repeatedly told them in person never to call me at work.
Well, what happens when you don't comply?
I just officially filed a complaint with the PA AG's office.
If they like to talk on the phone so much, they can talk to the AG.
The message that was left today only had a man's name left and a phone number. He never even identified where he was calling from.
Too bad he was stupid enough to leave it on my voicemail and now I have a record of the call.
I never received a requested validation from them or a copy of their license to operate.
Oh well, their loss, not mine.

kak213

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