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I just received this from mypaydayloan.com

This is the PDL I paid $500 already on a $500 loan.... now they say I owe $575. I found out they were illegal and sent them a letter, fax and email stating I wanted my account marked paid in full since I paid the principal and I also filed complaints with the PA Attorney general and BBB.

Here is the email they just sent me. I need advice on how to reply.

May 19, 2008

Dear Mr. Jon,

We would like to clarify the issue pertaining to the transaction you originated with our organization. We wouldlike to point out we are incorporated in and operate over the Internet; with our offices based out of San Jose, Costa Rica. By engaging in a transaction with us, you have availed yourself to be subject to the internal laws of Costa Ricafor this particular check advance agreement. Specifically your contract states under the Governing Law section "Both this agreement and the applications considered to be executed at our offices in San Jose, Costa Rica, and this agreement with us shall be governed by, construed, and enforced solely in accordance with the internal laws of Costa Rica." If you would not have agreed to avail yourself to this jurisdiction as the sole contract venue (which was your prerogative), you would have not been provided with the advance fromour company. There is no conflict with federal regulations, and althoughcertain states may have more restrictive regulations, when dealing withinternational law pertaining to contract venue, federal regulation supersedesstate regulation, and this particular transaction is governed by Costa Ricanlaw, not Pennsylvanian law, regardless of where you reside.
When we received the signedcontract we assumed that you had read the contract and understood it; obviouslythat is not the case. By signing the contract you “authorize(d)Mypaydayloan.com and/or its service agents, to electronically debit from (your)bank account number ******7529 at PNC. (You) authorize the periodicpayment amount, and any past due or owing amount to be deducted from (your)account on the date indicated above, and continue authorization until the totalpayment is collected. (You) authorize(d) Mypaydayloan.com and/or its agents toinitiate electronic debits against the account, which in sum equal the amountof payment(s) due.”
We have also let you know in emailsthat if you are unable to make the full amount owing to pay the account off,then you can make your minimum due. We have also let you know that just bymaking the minimum payment, which is only the finance charge, DOES NOT putanything toward principle. You have just been making the minimum payments, so youare still due for the full amount of $575.00 If you want to proceed with theagreement that Blanca has set up for you I will accept that; if not your accountwill be forwarded to an outside collections agency. Please notify me bytomorrow 5/20/08 at 5pm EST to let me know how you want to proceed. Thank youagain your cooperation.

Sincerely,
Taylor
Collections for Mypaydayloan.com
1-888-269-2303 ext 9

Posted: Mon May 19, 2008 5:20 pm Subject:

lol They can't even type proper English, what does that tell ya?!! Are you certain they are illegal? Refresh my memory, what state are you in? Very Happy

Posted: Mon May 19, 2008 5:30 pm Subject:

I am in PA

someone on here told me they were illegal... its on another thread recently.

Posted: Mon May 19, 2008 5:35 pm Subject:

Cannr wrote:

Quote:

mypaydayloan.com is one of our overseas illegal friends located in Costa Rica.
___________________________________________

I want to reply with some strong bullet points to put this person in their place.

Any advice?

Posted: Mon May 19, 2008 5:37 pm Subject:

OK, well it makes sense then, I had a feeling that's what it was, and is exactly why they can't type proper English. They know they can't sue you, since they're illegal.

Posted: Mon May 19, 2008 5:38 pm Subject:

I can give you a copy of how I responded to an illegal pdl company. Laughing

Posted: Mon May 19, 2008 5:45 pm Subject:

Shazzers - please send me a copy Smile

Posted: Mon May 19, 2008 5:51 pm Subject:

Okies, I need to search through my email archives, might take some time, I have tons, unfortunately, BUT, they all are resolved, thank goodness. So, gimme a little time, I'll send it to you via PM. Very Happy

Posted: Mon May 19, 2008 5:52 pm Subject:

OOOhhh Shazz I would love a copy, too!!! Smile

Posted: Mon May 19, 2008 6:21 pm Subject:

Star Advance is also located in Costa Rica and I just recently got a PIF from them with $293 still remaining on my balance.

Posted: Mon May 19, 2008 6:47 pm Subject:

I sent a copy of the letter to both of you. Smile

Posted: Tue May 20, 2008 6:51 am Subject:

You're the best Shazz!!! I haven't yet heard from any of my illegal PDL's about my letter, but I did get an email from BIG last night saying that they needed to speak with my b/c muy payment came back as account closed! YAY! So, I sent them ANOTHER copy of my C and D letter...now I will just wait. I've gotten into an email war with a lady from GRC...but I feel bad b/c I thought she was from Loan Shop...oops!! =/ Oh well....they are not being very helpful at making any kind of arrangements with me. They want it in full. And GRC will not give me an address to mail a M.O. to...she said they don't take them. I think I'm going to have a hrad time with them....and I'm scared my balance will just keep going up and up and up....how do I stop that from happening?

Posted: Tue May 20, 2008 7:17 am Subject:

Ugh, remind me again who is GRC? lol I have a short memory, SORRY !! Smile

Posted: Tue May 20, 2008 8:09 am Subject:

You can't enforce foreign laws in the US period without extradition. There is no extradition for debts to overseas organizations. Do not worry about these people.

Posted: Tue May 20, 2008 8:14 am Subject:

ILW195, you are in NY correct?
They sent me (Star advance) a PIF also with a balance remaining on the principle. I think that they do not want to mess with N.Y , knowing that the state prohibits pdls. I think we do have it a bit easier being in NY.

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