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The Little loan shop responded to my letter thru email this is what they responded please help me to respond to them:

Karla,
I am not sure if you remember but we have your ACH revoke already. Also you are so smart on the PAY DAY LOAN laws for California,but it just so happens we are a SHORT TERM LOAN company and are based out of UTAH so the contract that you signed (without reading) binds you to UTAH laws for not PAY DAY LOANS but SHORT TERM LOAN there is a difference, so I would do some more RESEARCH and discuss the difference with your Attorney General. If you have any questions please feel free to email.Also I show your current balance at 400.00 to Pay in full. I also sent you another email with you own copy of the documents you signed so you may have more information to show and discuss with your Attorney General. I sure look forward to hearing from you.

Thank You,

Lawrence T
Resolution Dept.
Little Loan Shoppe
1-866-223-7549
ext#324
lawrencet@littleloanshoppe.com

Posted: Thu Oct 02, 2008 11:14 am Subject:

LOL, same stuff different day, dont worry about it.

Have you talked to the AG's office? You should, mine were of GREAT help!

Posted: Thu Oct 02, 2008 11:25 am Subject: reply

sounds like another unlicensed pdl trying to baffle you with BS.because that is what that is.file AG complaints asap.also FTC complaints.

Posted: Thu Oct 02, 2008 11:41 am Subject:

What should I tell the attorney general where can I get the number. should I respond to the email?

Posted: Thu Oct 02, 2008 11:54 am Subject:

You can look your Attorney General up on the internet. As far as responding to the email, I wouldn't. They are trying to get your "goat" as they say. Don't take yourself down to their level. Do what needs to be done, get your complaint filed and let them blow smoke up someone elses butt. Don't let them intimidate you. Short Term loan/payday loan....way I see it, they are the same.

Posted: Thu Oct 02, 2008 12:26 pm Subject:

Thank you I will do that right now.

Guest · Posted: Sat Oct 04, 2008 5:17 pm Subject:

How are things going on this loan ? What did your borrow from them and how much have you paid back ? Whats the status of all this ?

Frank2343 · Posted: Wed Oct 08, 2008 11:29 pm Subject:

Short term loan and payday loan are not the same thing. Just because they are the same "in your mind" doesn't mean anything.

Posted: Thu Oct 09, 2008 4:50 am Subject:

You live in CA therefore your state laws prevail.

Posted: Thu Oct 09, 2008 5:02 am Subject:

Actually, I would ask them to send me their license number. Smile

Posted: Thu Oct 09, 2008 5:54 am Subject:

I agree with Shazzers. Have them send you their license number. You should also be able to check yourself to see if they are licensed in your state.

Posted: Thu Oct 09, 2008 6:02 am Subject: reply

if i am not mistaken,this pdl is licensed in utah.that being said they are NOT licensed in CA.therefore they are illegal in CA.to frank the troll,there is no difference between pdl and what they are calling a short term loan.there is installment loans,signature loans,title loans.this company is an illegal pdl in CA....NUFF SAID.

Posted: Thu Oct 09, 2008 6:08 am Subject:

I have looked them up on the BBB website and they have an unsatisfactory rating. They are not a member of the BBB and there have been complaints filed against them. They do fall into the catagory of payday loans.

Posted: Thu Oct 09, 2008 4:08 pm Subject:

I had a loan with the LLS and they tried to pull that installment BS on me. I told them to kick rocks, I paid 45% over what I borrowed and they still wanted more with their 10 installment repay plan(which I never agreed to) Evil or Very Mad

So I filed letters and made calls. They wrote me letter saying they are willing to settle with me at a reasonable solution. I said "PIF" letter PLEASE..LOL!

Posted: Fri Oct 10, 2008 8:15 am Subject:

you can also contact the Utah Dept of financial institutions and check on how they are licensed, along with filing a compliant if warranted

Posted: Fri Oct 10, 2008 8:27 am Subject:

followup, the closest I can find in Utah is LLS AMERICA, LLC, which I am pretty sure is them. What they are doing is evading pdl laws by creating a payday installment loan that charges pdl interest... as posted above your state's laws will prevail, and a the very least usury laws should come into play here.. in fact that level of interest may in fact be criminal in some states.. I would file complaints with the california dept of financial institutions immediately. I would also ask the state of utah about its rules regarding ineterest rates for installment loans and if you think that they are violating them, file a complaint there as well. Make sure that the "little loan shoppe knows what your doing" scare them a little.

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Little loan shop response to email please help

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