This is the letter that I used

This is the letter that I used

Author

Message

Posted: Mon Nov 12, 2007 12:10 pm Subject: This is the letter that I used

for the illegal internet pdl's, all you need to do is change the state info and dates.

Quote:

11/01/07

Payday-Yes
1877-813-4423

After doing research on internet payday loan laws in the state of YOUR STATE, I have found that your internet payday loans are actually illegal. I have also found the following laws to be true applying to payday loans in the state of YOUR STATE in general:

YOUR State Information

I have contacted the YOUR STATE Office of Financial Institutions and the YOUR STATE State Attorney General’s Office regarding your internet payday loans and was informed they are indeed illegal in YOUR STATE and was advised to pay what is due according to principle amount only of the loan.

I am willing to pay the principle amount of the loan only, as advised by my Department of Financial Institutions and my state Attorney General's office.

I demand a physical address to mail payments to, as you are no longer authorized to debit my bank account. You must provide me with a physical address to mail my payments. I will not Money Gram or Western Union any payment. If no physical address is provided for me to mail payment to, no payment will be made.

I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my state Attorney General's Office.

I prohibit you or your affiliates to contact me via telephone at my place of employment or my home telephone number. I also prohibit you from calling my references listed on my loan. Once I inform you of this, you must stop the telephone contact immediately or you will be once again breaking the laws of the state of YOUR STATE

You are also hereby notified that I am revoking any voluntary wage assignment I may or may not have signed. I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes.

I am revoking your right to debit my checking account any longer. You, your company, or your affiliates are not authorized to debit my checking account at all. Please be aware that I have informed my financial institution of this situation and they will also be receiving a copy of this correspondence. Any further attempts at debiting my account will be rejected by my financial institution.

I must also inform you that I have filed complaints with the Better Business Bureau, the Federal Trade Commission, and my state Attorney General's Office.

I expect a response from your company no later than 11/06/2007, regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted.

Please respond by 11/06/2007, regarding this matter by US Postal mail or by email only.

jaydanielle1

Joined: 24 Oct 2007
Posts: 553

Debtcc Points: 5761

Posted: Mon Nov 12, 2007 8:34 pm Subject:

What response have you gotten to this letter, if any? Also, what state are you in?

ourpittsfamily

Joined: 05 Nov 2007
Posts: 22

Debtcc Points: 652

Posted: Tue Nov 13, 2007 7:41 am Subject:

i am in washington dc, and i have gotten really great responses so far. i have settled on 3 of my 6 loans

jaydanielle1

Joined: 24 Oct 2007
Posts: 553

Debtcc Points: 5761

Posted: Tue Nov 13, 2007 8:13 am Subject:

I have also used this letter and received 2 pif's within a week of sending. _________________ Remember: Everyday is a good day - Just some days are better than others.