How's everyone doing? In feburary I did a payday loan with kenwoodservices services only. As you know a bunch of emails came after signing up but kenwoodservices is the only one I verified with over the phone and my bank to get the funds.
Checking my statement later in I see that emerald marketing funded me $300 towards my account. I never did any e-signature or no talk over the phone or any verification with my bank. I just recently checked my past emails and seen an email from them just stating that they are funding the money and unless I call to cancel the funds will be sent. I never read that email because I only signed up for kenwoodservices and did the verification and thought the rest of the emails were scams.
Now a woman named Lori is telling me I owe $510 and if I don't pay she has to go to her attorney and serve me papers and possibly pay up to $1500. I got off the phone yesterday making arrangements to pay $255 this friday and then the rest on the 29th. She wanted to settle for $390 if I could pay on the spot but obviously I can't.
So what or is there anything I can do to avoid this or take care of this without dishing out this money. I don't know who to go to or call for help and I don't want to dish out the money if I don't have to on friday because I have rent and other important bills.
I live in new York state. Im in desperate need for any info or help before friday comes to find out if they are really going to sue me or give up extra money to them. Please help me out. Thank you in advance
Also my bank account got closed due to nsf fees
Debt Samaritan
Posts: 16500
Credits: 286525.82761437 Send message to SOAPLADY
Payday loans are illegal in NY state so you owe principal only...no interest or fees. Read the link in my credit line as to how to deal with illegal lenders.
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
SOL for all states
http://www.debtconsolidationcare.com...imitation.html
Posts: 6
Credits: 252.15 Send message to Justin Keels
Alright thanks for the quick reply. I read through your link and will call today and let them know I want to pay only the principal only on my terms.
But just to be clear in case they try again, they can't serve me any papers or take me to court or anything right? I intend to pay the principal only but like said on my terms. Thanks again
Debt Samaritan
Posts: 16500
Credits: 286525.82761437 Send message to SOAPLADY
Do not call...email them. They will more than likely try to confuse you, tell you that you signed on the "world wide web" or some other crap like that. At they rarest chance they attempt to sue you, your defense would be that the contract is invalid in your state.
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.
SOL for all states
http://www.debtconsolidationcare.com...imitation.html
Posts: 6
Credits: 252.15 Send message to Justin Keels
I appreciate it very much for the help. Will be doing this as soo much as I get home from work. Thanks again
Posts: 6
Credits: 252.15 Send message to Justin Keels
Sorry one more question last one. The other that is the same situation is hydrafund but these people sent it to a collection agency. I believe it was ncs or something like that. What would I be able to do with that
Posts: 14260
Credits: 110101.42042813 Send message to paulmergel
follow soaplady's advice and go to the sticky in her signature.now a couple of things you need to know about emerald.
1)they are foreign based(any US address is a maildrop only)so see what was debited before paying a dime.
2)despite their illegality and being foreign they do attempt wage assignments so get the revocation letter in soaplady's signature to your HR/PAYROLL person asap.
btw you only owe the 300.00 and anything debited gets deducted from that and you pay it when you can.it's their dumba$$ fault they operate this way.they get what they are owed(the 300.00 minus any debits)on your terms,not theirs.
Posts: 14260
Credits: 110101.42042813 Send message to paulmergel
first off hydra is based in NEW ZEALAND.they seem to be a newer piece of illegal pdl garbage.i'm guessing you got nothing in writing from this collector.well then tell them you don't have a clue what they are talking about,and will not speak to them further without something in writing first.just be prepared to file complaints against both hydra,and this bottomfeeder.
Posts: 6
Credits: 252.15 Send message to Justin Keels
I'm trying to find out my "Insert you state regulator for collection agencies" for the state of New York. I tried google to find out what it was but can't find anything. I'm using the guideline to send out to the dunning letters I received. Thanks in advance
Posts: 6
Credits: 252.15 Send message to Justin Keels
Here is a letter from a collection agency of a payday loan I have with kenwood services. I'm in the process of getting my bank statements to see how much I overpaid and get those revocation letters out. Now with this letter from the collection agency, all I would do is send them the validation letter right? This guy was talking about bringing me to court this friday coming to get me. Is this just a scare tactic??? Thanks again in advance.
June 13, 2012
Justin Keels
Original Creditor Kenwood Services
Current Creditor HBC Services Inc.
Account Number
Reference
Total Amount Due $350.00
Dear Justin Keels,
HBC Services, Inc. has purchased your above referenced Kenwood Services account. HBC Services, Inc. is now the owner of the account with the authority to decide how it will be collected. The full balance is due. If you cannot pay this amount in full, please contact this office to make suitable payment arrangements at 866-304-2305.
Unless you notify this office within 30 days after receiving this notice that you dispute the validity of this debt or any portion thereof, this office will assume this debt is valid. If you notify this office in writing within 30 days from receiving this notice that you dispute the validity of this debt or any portion thereof, this office will obtain verification of the debt or obtain a copy of a judgment and mail you a copy of such judgment or verification. If you request of this office in writing within 30 days after receiving this notice this office will provide you with the name and address of the original creditor, if different from the current creditor.
For your convenience you can go online to make your payment at www.hbcservicesinc.com/payments.
Sincerely,
Eric Banks
Collections Manager
This communication is an attempt to collect a debt by a debt collector. Any information obtained will be used for that purpose.
Just upping for today before I go mail out these letters and get my bank statements to send the revocation emails out
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