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Any thoughts on how to respond to this one?
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By revoking authorization, you defaulting on the terms of the loan you agreed to. Your account will be sent to an outside collection agency.

Dennis
Debt Doctor

----- Original Message -----
To: <dbest>
Sent: Monday, July 28, 2008 7:17 AM
Subject: Cease & Desist & Payment Adjustment

Removed for your protection - Goudah
>
>
> To Whom It May Concern:
> It has been brought to my attention that your company is not licensed to
> lend in my state, therefore making the contract I had with you null and
> void. I will agree to pay the principal amount of the loan (i will deduct
> what I have already paid in interest), however, I will need a physical
> address to send payments in the form of money orders. These are my terms,
> if you are not willing to accept my terms, then you will not receive any
> payments.
> You are hereby notified that I am revoking ANY and ALL ACH transactions
> made by your company on any of my personal accounts. If you make any
> attempts to do so, I will be forced to take legal action against your
> company. I am also revoking any and all wage assignments I may or may not
> have signed with your company, my employer has been notified about this
> matter.
> As of today 7/28/2008, the only contact you may make with me is either
> through email, or USPS. I also demand your company and any affiliates of
> your company cease and desist all contact with me (except what is stated
> above), my employer, or any references I have listed on my account.
> Your cooperation in this matter is appreciated.
> Sincerely,
> Removed for your protection - Goudah
> Florida State Information
> Legal Status: Legal
> Citation:
> Fl. Stat. Ann. § 560.401 et seq.; Rule 69V-560.901-912
> Loan Terms:
> Maximum Loan Amount: $500
> Loan Term: 7-31 days
> Maximum Finance Rate and Fees: 10% + verification fee
> Finance Charge for 14-day $100 loan: $15
> apr for 14-day $100 loan: 390%
> Debt Limits:
> Maximum Number of Outstanding Loans at One Time: One
> Rollovers Permitted: None (cannot rollover)
> Cooling-off Period: 24 hours
> Repayment Plan: Yes
> Collection Limits:
> Collection Fees: All charges imposed on the lender by any financial
> institution; lender not entitled to treble damages
> Criminal Action: Prohibited
> Where to Complain, Get Information:
> Regulator: Florida Office of Financial Regulation
> Address: Division of Securities and Finance, 200 E. Gaines Street
> Tallahassee FL 32399
> Phone: (850) 410-9805
> Fax: (850) 410-9748

Posted: Tue Jul 29, 2008 6:24 am Subject:

I would just keep on sending my C and D letter over and over again. Perhaps these slugs will tell you something you don't all ready know AND agree to that PIF with just the original amount of the loan being repaid. They should be thankful they are getting that! On a side note, I avoid clowns at all possible cost myself! Just plain creepy!

Posted: Tue Jul 29, 2008 6:27 am Subject:

Haha. Thanks

Posted: Tue Jul 29, 2008 6:41 am Subject:

PLEASE REMOVE YOUR INFORMATION, SOMETIMES THEY PDL COMPANIES COME TO SITES LIKE THIS ONE TO GET INFO!!!!!!

AND ABOUT THE RESPONSE I WOULD IGNORE IT, AND IF THEY SEND IT SOMEWHERE ELSE OR TRY AND HIT YOUR CR THEN JUST DISPUTE IT!