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Posted: Mon Jun 23, 2008 9:44 am Subject: A question.....

I haven't heard from a couple of my PDL's and think it's kind of strange. It has been almost 2 weeks since I haven't paid. I sent letters to most of them, but there are still 4 who haven't contacted me and where I am not sure where to e-mail the letters.
Has this happened to others of you out there??

Posted: Mon Jun 23, 2008 9:47 am Subject:

Don't worry you will be hearing from them soon. What state are you in so someone can post your pdl laws for you.

Are these store front pdls or intenet ones. Also please list the principal amount borrowed and the names of the companies. Someone can look them up to find out if they are legally operating in your state.

Posted: Mon Jun 23, 2008 9:47 am Subject:

Give it time. Sometimes when you default it takes their computer awhile to catch up in the system that payment is due. I am sure they will attempt to contact you. Now if they do not attempt, they probably are in receipt of your letters. Did you send them C&D letters?

Same as ladybug are they Internet or Store front?

Posted: Mon Jun 23, 2008 9:51 am Subject:

Yes, there were all internet, and all illegal and I sent most of them C&D letters but couldn't find out where to e-mail a couple of them. Netcash being one of them. I looked everywhere and just couldn't get an address. Thanks for your replies.

Posted: Mon Jun 23, 2008 9:53 am Subject:

what state are you in? This will give us an idea of your pdl laws.

Posted: Mon Jun 23, 2008 9:54 am Subject:

California and they were all illegal except for Cashnet who I have made payment arrangements with.

Posted: Mon Jun 23, 2008 9:58 am Subject:

Also some of those internet offshore companies are tricky. If they are ILLEGAL, whick most likely they are, they will try and debit on your next paydate the full amount. So this is why some may not have contacted you. I defaulted with 365fastcash.net and never heard from them again. I tried for an address to send my $48 owed, but they refused to provide any contact info. So I sent my letters and that was the end of it for me. I cannot pay you if you refuse to cooperate Smile

Posted: Mon Jun 23, 2008 9:58 am Subject:

Since I am not familiar with your pdl laws someone will be along to post them for you. Hang on and someone will be along shortly:)

Posted: Mon Jun 23, 2008 10:00 am Subject:

Your State laws:
California State Information

Legal Status: Legal

Citation:
Cal. Fin. Code Â§Â§ 23000 to 23106

Loan Terms:
Maximum Loan Amount: $300
Loan Term: Max: 31 days
Maximum Finance Rate and Fees: 15% of check
Finance Charge for 14-day $100 loan: $17.65
apr for 14-day $100 loan: 459%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: One
Rollovers Permitted: None (cannot charge fee for extension)
Cooling-off Period: None
Repayment Plan: Voluntary (no fees may be charged in conjunction with payment plan)

Collection Limits:
Collection Fees: $15 NSF fee
Criminal Action: Prohibited

Where to Complain, Get Information:
Regulator: California Department of Corporations
Address: Financial Services Division, 1515 K Street, Suite 200 Sacramento CA 95814
Phone: (866) 275-2677

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