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Posted: Wed May 21, 2008 5:27 am Subject:

I hope your account is closed so that they can not get any more money from you.

MOMW22000 · Posted: Wed May 21, 2008 5:45 am Subject:

Should i resend the letters again?? I just want to get rid of these PDL'S it has caused so much stress!

Posted: Wed May 21, 2008 5:49 am Subject:

Send them as many times as you need to. You are done with them,they all owe you money.

MOMW22000 · Posted: Wed May 21, 2008 6:13 am Subject:

I just sent them again. By the looks of some of the comments on here Ameriloan doesn't seem to cooperate at all.

Posted: Wed May 21, 2008 1:02 pm Subject:

Send them twice a day. . .just a little good morning and good night message.

BigTroyBoy · Posted: Wed May 21, 2008 1:56 pm Subject: Contact

I actually did what one of the posts here said and contacted Cindy from Intercept...she is going to send me and email with instructions on what to do....she wasn't as helpful over the phone as i had hoped, but I guess any little bit helps.

BigTroyBoy · Posted: Wed May 21, 2008 2:05 pm Subject: Ameriloan

I contacted Ameriloan to get the name of the processor and they told me that the reason why I owed so much money is because i never notified them that I wanted to start paying down the loan, so they continued to renew and charge their fee....can they do that?

BigTroyBoy · Posted: Wed May 21, 2008 2:16 pm Subject: Email

Will this email suffice as a Cease and Desist?

BTB

To Whom it May Concern:

After doing research on internet payday loan laws in the state of New York, 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 New York in general:
---------------------------------------------------------------------- ----------
New York State Information

Legal Status: Prohibited

Citation:
Licensed lender law applies but interest rate is that agreed to by contract. N.Y. Banking Law § 340 et seq. A check casher licensee cannot make loans nor cash or advance any moneys on a post dated check unless it is a payroll check. N.Y. Banking Law § 373. Criminal law sets the usury cap at 25%. N.Y. Penal Code § 190.40.

Small Loan Rate Cap
25% per year

Where to Complain, Get Information:
Regulator: New York State Banking Department
Address: One State Street New York NY 10004
Phone: 1-877-BANK-NYS
Regulatory Contact: Regina A. Stone Deputy Superintendent
Regulator’s Website
Complaint Form
Complaint Instructions

I have contacted the New York State Banking Department and the New York State Attorney General’s Office regarding your internet payday loans and was informed they are indeed illegal in New York and have been advised to pay what is due according to principal amount only of the loan.

A physical address is necessary, as you are no longer authorized to debit my bank account. 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.

Any contact must be made through the US Postal Service or email only. I need everything in writing to keep accurate records of all communication as per instruction from the state Attorney General's Office.

I prohibit you or your affiliates from contacting 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 New York.

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 from this point on. 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 as my account has been flagged as having fraudulent activity.

I must also inform you that I have filed complaints with the Better Business Bureau, the Federal Trade Commission, my state Attorney General's Office, the New York State Banking Department, as well as my State Senators, Jim Alessi and Hillary Rodham Clinton.

In regards to this matter, I expect a response from your company no later than 10 days from the date of this communication. This response may only come via US Postal Service or email. No telephone contact is permitted.

Posted: Wed May 21, 2008 3:46 pm Subject:

BTB. . .Cindy will give you info that will help you with this. Please be patient with the process. Ameriloan is processed through Intercept EFT so when you get the email from Cindy that will apply to them as well. Yes, they will try to do that as they have a clause that states that you must notify them or they will renew. Some will pay in full, some will roll it over. They will also claim that they didn't receive any notification that you wanted to PIF. Just another way of getting your money. Your bank account has been closed so they won't be able to get any debits through anyway so don't worry about that. Yes, that is a very appropriate C and D letter. That is what I posted and sent, over and over again until I got with the processors. Have you brought that letter to your bank yet? If not, do so ASAP. Intercept may want you to notify your bank of the revocation. I know that it is hard waiting. I hated it. But, once things moved, they moved quickly. Hang in there.

BigTroyBoy · Posted: Wed May 21, 2008 3:53 pm Subject: Thanks!

Thanks....I am sending the emails as soon as I send this post...then I will take a copy of this letter to my bank tomorrow...Instead of making it an attachment, I put this into the body and made it the complete body of the email.

I will wait for the email from Cindy and hopefully that will come soon..hasn't come yet...I will try to be patient, but someone on here scared me and told me that the pdl's will find my new bank account and attach it there.

BigTroyBoy · Posted: Wed May 21, 2008 3:55 pm Subject: Sent

The emails to the 6 companies have been sent....

Posted: Wed May 21, 2008 3:59 pm Subject:

BTB. . .did you open another account with the same bank? If you did, did they say that they would not be linked? When I closed mine, I reopened another immediately at the same bank but they assured me that once the bank account was closed, nothing would go through and they would not be connected. I don't think it is very common that they would locate your new bank account. Good to hear you got those emails out.

BigTroyBoy · Posted: Wed May 21, 2008 5:07 pm Subject: Yes

Yes it is at the same bank and they said that there is no way that they will allow them to touch the new account....if they do it will be their mistake

Posted: Wed May 21, 2008 5:19 pm Subject:

Not to worry then. Your money will be safe. Continue on and hopefully you will hear something positive soon. Keep us posted.

BigTroyBoy · Posted: Thu May 22, 2008 1:21 pm Subject: Responses

Well I received 2 responses from my C & D letters today....this is how the first one read:

We

have received your documents. Please call customer service in 3 to 4 business hours to verify that your request was processed.

so I responded to them this way:

To Whom It May Concerned....

I do not have any phone numbers for you. I really need you to respond by email, so I have everything that is said in wirting.. Please respond to this email and let me know that my request has been processed. Your email came through as very incomplete and that concerns me.

Sincerely,
My name

LOL....That was the response from US Fast Cash

after my initial response to them, they sent me the same response I posted above AGAIN...lol and then sent the following email:

Dear Donald Terry,

We received your email.

Thank you,
USFastCash
Phone: 1-800-640-1295
Fax: 1-888-549-3324
Email: customerservice@usfastcash.com

How stupid is that..there is absolutely no instructions as to what they want me to do...should I contact them?

The second company I received a response from was Impact Cash and this was their response to my C & D:

Donald,

A payment via Cashier's Check or Money Order will be fine. The remaining principle balance is $183.74. Please make the Cashier's Check or Money Order out to Impact Payments and mail to the following address:

Impact Payments
PO Box 3206
Logan, UT 84323

I will just need to know when you will be mailing that payment so I can set it up on your account. Also, we will need you to send the payment via priority mail and email us with the tracking number to prevent any problems with the payment. So again, please get back with me as soon as you can and let me know when you plan to mail in the payment. Thanks!

Chris Young
Impact Cash
1-800-707-0102
cyoung@impactpayments.com

You must notify this office within 30 days after receiving the first notice if you dispute the validity of the debt or any portion thereof or the office will assume the debt is valid. This communication is from a debt collector. This is an attempt to collect a debt. Any information obtained will be used for that purpose.

What do I do with this one?

BTB

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