This is a string of communication between me and Jupiter - should I add anything else or did I handle this ok? Thanks!
From: Porter, Christine
Sent: Wednesday, June 27, 2012 9:25 AM
You know what ??? NO! I have paid over $1000 to Jupiter since March alone (see bank statement below) when the initial loan amount was only $450!
Last month you told me my balance was $200 ??? now it is $300?? (see attached email below)
This pains me to do, as you people have always seemed so nice to me, but I can no longer do this. This is not legal here in my state of PA. I have paid back what I have borrowed, and THEN SOME. I am done. I am struggling financially, as many Americans currently are, and I cannot afford to pay these bogus fees anymore.
I am hereby revoke your authority to access my bank account. Do not attempt to make any withdrawals. My bank has been notified of this situation and any attempt on your part will be unauthorized and thereby fraudulent.
To be clear: I am REVOKING my authority for you or any subsidiary of your company to make or attempt ANY withdrawals on any of my bank accounts.
Further, as is my right under Pennsylvania state law, I am requesting that NO telephone contact be made to any number that you may have for me. Also, no calls should be made to any third party in an attempt to ???locate me???. My true and correct address is listed below. All correspondence should be sent to that address or via email.
From: Sent: Thursday, June 28, 2012 11:05 AM
To: Porter, Christine
Subject: RE: CPorter
Dear Ms. Porter:
In response to your email, what you have forgotten to include is the number of times you have called or emailed us to move your payments.
Here is what is missing based on our records:
Loan funded on 11/3/12 for $450.00
12/30/11 - no payment
01/27/12 ??? no payment
02/24/12 ??? no payment
That is 3 months of no payment on a loan of $450.00. We always accommodated you and honored your request to move payments as need to help you get thru your financial difficulty. We did not in any way over charge you, and also made you aware of your outstanding balance.
Furthermore, we had requested full payment on 4/25/12 to close your account, but you called and requested to set up 2 even payments, and further extended by paying fees only the following month. Our company makes every effort to work with our clients, as we have tried to do in your situation. We prefer that our customers use our services as a short time bridge to help them get thru their emergencies.
Now, we request that you honor your commitment and pay off the loan balance of $225.00 ( principle only) to close out your loan.
If you have any questions please feel free to call us.
Phone: 866.367.4370 | Fax: 866.374.8507
32 W. Loockerman St, Ste. 201, Dover, DE 19904
From: Porter, Christine
Sent: Thursday, June 28 2012 11:25 AM
You have most certainly been very accommodating; I do not at all dispute that. However, you have been very well compensated and the principal has been fully paid. The amount repaid totals $1,006.30 on the original $450.00 loan. This far exceeds the amount of interest allowed under law here in Pennsylvania: ???Fortunately for Pennsylvania residents, payday lending at triple-digit interest rates has long been illegal under Pennsylvania law. Our state strictly and effectively regulates small-loan lenders: unlicensed lenders may charge only 6% interest annually and lenders licensed by the Banking Department may charge higher rates of about 24% annually. The state law applies even to loans made over the Internet to Pennsylvania residents, and has been enforced against the largest predatory payday lenders in the country.???
Since I have had several loans with your company, that I have paid in full under your terms, I have actually overpaid you by much more than is demonstrated here. However, I???ll chalk that up to my own stupidity and not pursue it. However, now that I know better, I will not pay another cent on this loan.
Please be advised that my bank authorization has been revoked. My bank is aware of this, and any infringement will be construed as fraud.
Thank you for everything,
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