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 Posted: Wed Dec 05, 2007 4:30 pm Subject: nebraska pay day loans
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i have been trying to get our from under on several companies.. netcash usa is one B&l marketing another and cash supply another i finally closed my accounts and went to another bank however i need to find out who is licensed in tha state of Nebraska. according to the nebraska law they have to be physically located here is that correct?
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sharky211999
Joined: 05 Dec 2007
Posts: 24
Debtcc Points: 810
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Posted: Wed Dec 05, 2007 5:17 pm Subject: r
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| Quote: | Nebraska State Information
Legal Status: Legal
Citation:
Neb. Rev. Stat. ยง 45-904
Loan Terms:
Maximum Loan Amount: $500
Loan Term: Max: 31 days
Maximum Finance Rate and Fees: $15 per $100 or pro rata for any part thereof on amount of check
Finance Charge for 14-day $100 loan: $17.65
apr for 14-day $100 loan: 459%
Debt Limits:
Maximum Number of Outstanding Loans at One Time: Two
Rollovers Permitted: None (cannot repay, refinance, consolidate)
Cooling-off Period:
Repayment Plan:
Collection Limits:
Collection Fees: $15 NSF fee
Criminal Action:
Where to Complain, Get Information:
Regulator: Nebraska Department of Banking & Finance
Address: Financial Institutions, 1230 'O' Street, Suite 400 P.O. Box 95006 Lincoln NE 68509
Phone: (402) 471-2171
Fax:
Regulatory Contact: Karen Reynolds,, Review Examiner
http://www.ndbf.org/
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Go to the Nebraska Department of Banking and Finance website and look for the licensee database. You can check to see if any of them are licensed in your state.
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cannr
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Posted: Wed Dec 05, 2007 5:23 pm Subject:
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Sharky, they ahve to be licensed in NE to lend in NE. And as far as I can tell from the licensee database, none of them are. BUt you may want to double check
_________________
In life it doesn't matter
how hard you hit, it matters
how hard you get hit
and keep moving forward.
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RoxyNY
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Posted: Thu Dec 06, 2007 8:10 am Subject: thankyou
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that is what i have come up with my research i just wanted to double check. i had an issue yesterday with b&l obtaining my new account number somehow..not openong the old account mind you but my totaally new account i closed my account with that bank and went to a new bank. hopefully this will correct that issue..however i changed my CELL number and somehow they got that what is up with these people.
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sharky211999
Joined: 05 Dec 2007
Posts: 24
Debtcc Points: 810
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Posted: Thu Dec 06, 2007 10:42 am Subject:
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Sharky, it is scary but more and more people are having this problem and no one is sure what is happening. I hope going to a completely new bank will help.
_________________
In life it doesn't matter
how hard you hit, it matters
how hard you get hit
and keep moving forward.
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RoxyNY
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Posts: 4093
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Posted: Thu Dec 06, 2007 11:35 am Subject:
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ok so now how di i get my money back or should i just let it go..none of the compainies r listed in the banking and finance website. how do i proceedi ahve alreadt changed banks
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sharky211999
Joined: 05 Dec 2007
Posts: 24
Debtcc Points: 810
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Posted: Thu Dec 06, 2007 12:03 pm Subject:
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Sharky, did you dispute it with the bank when they withdrew the money? And what have you borrowed and paid back to each?
_________________
In life it doesn't matter
how hard you hit, it matters
how hard you get hit
and keep moving forward.
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RoxyNY
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Joined: 03 Aug 2007
Posts: 4093
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Posted: Thu Dec 06, 2007 12:07 pm Subject:
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Sharky, I sent you a private message, you can tell if you have one by checking the top right side of the page under CHAT, you will see, You have 1 new message. Click on that and you will see my message, click on the message to open it. Let me know if you have any questions.
_________________
In life it doesn't matter
how hard you hit, it matters
how hard you get hit
and keep moving forward.
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RoxyNY
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Posts: 4093
Debtcc Points: 11661
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Posted: Thu Dec 06, 2007 4:29 pm Subject:
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i have disputed it with the bank. amount paid back that is giong to take some work they took money out under MTE financial ,tendollarpayday,incivity and someothernames
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sharky211999
Joined: 05 Dec 2007
Posts: 24
Debtcc Points: 810
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Posted: Thu Dec 06, 2007 4:33 pm Subject: new letter from them they called and said they were MTE
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Date: 12/6/07
Dear (name removed for your safety.cannr):
The purpose of this letter is to offer you a discount to settle your
account with TenDollarPaydayLoan.com. No one wants to have unpaid
balances affect their credit worthiness so we have tried to make it easy for
you to pay your outstanding balance with us.
Your total balance is currently $290.00. We will apply a 25% discount
to your account in the amount of $72.50 provided that you respond to
this offer within 7 days. This means that you can settle your account with
MTE Financial Services for only $217.50.
Failure to respond to this generous offer within 7 days will force us
to negatively report your account to CL Verify, our consumer reporting
agency. This may affect your check writing privileges for future goods
and services, and your account will be reported to our 3rd party
collection agency.
To take advantage of this generous offer simply choose one of the 3
following options listed below, complete the information and fax this
entire email with the requested documents and information to 866-539-7503.
Should you have any questions, please feel free to call one of our
customer service representatives at 866-465-5054 or email to
recovery(at)invcity.com. Please note that we will continue efforts to
collect this debt.
Sincerely, annie
SAVINGS OF: $72.50OFFER EXPIRATION DATE: 12/13/07
OPTION 1:Please deduct the total amount due from my checking account
on: ____________________
OPTION 2:I will send the full amount through MoneyGram on:
____________________
OPTION 3:I would like to pay the full amount due by using my credit
card on: ____________________
If you wish to deduct your checking account, you must fax us a copy of
your voided personal check to verify account numbers.
To pay by credit card, you must speak with one of our representatives
so that we can obtain credit card information from you.
To pay by MoneyGram, you must speak with one of our representatives for
sending instructions.
Signature: __________________________________________
Please do NOT respond to this email, instead you can email to:
recovery(at)invcity.com
i threatened with legal action then they sent me this..
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sharky211999
Joined: 05 Dec 2007
Posts: 24
Debtcc Points: 810
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Posted: Thu Dec 06, 2007 4:49 pm Subject: r
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Okay, let me make sure I'm understanding everything correctly. You have loans with NetCashUSA, B&L, Cash Supply, and MTE (TenDollarPayDay)also, correct? Is B&L the one that found your new bank account and debited money? And it is also B&L that found out your new cell phone number? Make sure I understand this correctly, okay? The loans you have (both you and roxy checked) are not licensed to lend to you. Now, you have an MTE related one also. MTE will not be licensed to lend to you (they are not licensed anywhere). So, this email you received from MTE (TenDollar) is their usual BS form letter to get people to pay. It's something we've all seen. Blah, blah, blah. They want your new bank account information. Do not respond to them yet. I want to be clear on what's going on. B&L found your new account and debited it - you need to go to your new bank and tell them this is an unauthorized debit from your account by an illegal company that somehow got your bank account information. They should be able to reverse the debit back off. However, now they have your new bank account information and will continue to attempt to debit it until they do get the money. So, you're going to have to get rid of that account. How these guys find out new bank account information (and it happened to me also) is almost beyond me. And also your new cell phone number? I know that almost anyone can pull a consumer report & there is ALL KINDS of information on that. It was pretty scary when I pulled mine. Just knowing that people can pull that and find out all kinds of stuff. Now, I don't know EXACTLY how these companies are finding out our new information, but somehow they are sometimes. I personally would change my cell number again. Sometimes it's worth paying the charge. Okay, with that being said, we NEED to know how much you borrowed from MTE so we can see what their "settlement" is versus what you borrowed/paid. Okay? Can you take care of the bank situation (very important) because they will hit it until your so far in the red, it won't even be funny. Also, MTE is pretty ruthless. They may turn you over to an outside collection agency. Who knows with them. They are so illegal, they disgust me. If you can, please list out your pdls, how much you borrowed (principle amount only) and how much you have paid so far. We can get you through this. But, your priority right now is the bank. Since they found your new account, you're going to have to close it and open a new one. Yes, it sucks. I had to do it, too. Please post ANY questions. We can get through this.
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cannr
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Posts: 9374
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Posted: Thu Dec 06, 2007 5:08 pm Subject:
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originally 200 with tendollar payday. 240 paid to them the usual 60 every2 weeks till the fourth time then 50 plus refinance fee. account is paid as far as i am concerned..I actually changed banks not just changed accounts. so B&L should not be able to get anymore info. as for my cell number last time they called i asked how thy got the number as i had jchanged it approx 2 months after i git the loan originaly they said it was on their FILES as the number i sighned up with..when they did call however i did not confirm my name they just started in i aksed who was calling and if i could help then they started n about the loan without even confirming to whom they were speaking that right there is Illegel. , i apreciate dall the input here and the help/
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sharky211999
Joined: 05 Dec 2007
Posts: 24
Debtcc Points: 810
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Posted: Thu Dec 06, 2007 5:11 pm Subject: amounts.
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as soon as i get a current ststement i will be able to tell you more.
Netcash usa..300..
cash supply 300..paid in full
b&l 200 18 months ago.at 30 every two weeks
tendollar pay day 200.. 60X 4
that is my info to the best of my knowledge right
now.
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sharky211999
Joined: 05 Dec 2007
Posts: 24
Debtcc Points: 810
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Posted: Thu Dec 06, 2007 5:11 pm Subject: r
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sharky, you are DONE with MTE. Now all of these pdls aren't licensed to do business with you. Have you sent any letters to these illegal idiots at all yet stating that they are illegal, your state law, revoking debit authorization, etc? And, also, have you filed any complaints against them with the BBB, the FTC, and your state AG?
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cannr
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Posts: 9374
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Posted: Thu Dec 06, 2007 5:14 pm Subject:
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yes i have sent leters i actually sent them the state info as far as payday loans for the state of nebraska gos. netcash usa seems to have dropped the matter after i did that. havent heard from then in about a week. i always seem to get the same speal WE ARE LICENCED and i just reply but you r not physically located in the staet of nebraska to therefore you cannot be licensed in the state of nebraksa,
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sharky211999
Joined: 05 Dec 2007
Posts: 24
Debtcc Points: 810
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Posted: Thu Dec 06, 2007 5:20 pm Subject: r
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Good. At least you sent letters to the illegal morons. Have you filed any complaints against them yet? Of course, they're all going to insist they are licensed (yeah, yeah, blah, blah). Filing with the agencies might help get them off your back a little bit more.
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cannr
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