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Posted: Tue Jul 29, 2008 2:20 am Subject:

In your present condition of outstanding pdl debts, you can do a debt settlement which'll help you to get out of debt.

But for a better counseling, you can get a Free counseling from our community expert.

Posted: Tue Jul 29, 2008 5:47 pm Subject:

1/4 PIF, need help with other 2. I have been exchanging emails with a second one about the PIF. Any Advice?

Last email i recieved:

xxxxxxxxx operated under federal law at the time you authorized the loan.
Please review the terms of your loan.

If you want to make arrangements please contact our office, otherwise we
will continue to process your loan under the signed conditions.

Posted: Tue Jul 29, 2008 5:48 pm Subject:

This was the previous email to that one:

Please be advised we will do anything to ensure you are receiving
excellent service. Please review the terms and conditions of the contract
you authorized. The authorized contract indicates how your loan works and
the pay back options. If you do not have a copy of your contract one can
be mailed to you. If you would like to change the pay back options please
contact us in writing as it states on the terms of conditions of your
loan.

If you have any questions please contact our office.

Posted: Tue Jul 29, 2008 5:50 pm Subject:

I continue to cite Michigan PDL law, demanding a PIF and refund. I have done just about everything i've read about...BBB complaints, AG complaints, CC: AG

I have told the PDL all of this, am i doing a poor job or am i missing something? Keep in mind i'm only going after the 4 i overpaid with. It seems like others have had luck getting the PIF.

Posted: Wed Jul 30, 2008 7:08 am Subject:

Since i don't really know who their individual ACH processor is, i took a stab in the dark. I 3 individual faxes to both ACH Commerce and InterceptEFT about the 3/4 PDL companies i am dealing with. I was sure to included my Bank Account information. I figure since those are the two big ACH players in the game, odds are they service at least 1/3 of the PDL companies i'm dealing with. I will post any results.

Posted: Wed Jul 30, 2008 7:14 am Subject:

acoch I wish you good luck with the processors. You aren't doing anything wrong, it's just that these pdl companies play a very nasty game. Have you filed complaints with your Attorney General's office and the Federal Trade Commission? It's really important that they are informed of the illegal activity happening with these ipdl's, the more complaints received by them, the better the chances of putting these ipdl's out of business. Smile

Posted: Wed Jul 30, 2008 8:13 am Subject:

Just recieved this email from one of the ACH processors:

From: xxxxxxxxxx

Subject: Payday Loan Transactions

Thank you for contacting xxxxxxxxxx regarding the issues you are experiencing with yyyyyyyyyy . Our research reveals that as of this date, xxxxxxxxxx has not received transactions returned as unauthorized for the above-referenced company. According to NACHA rules (National Automated Clearing House Association), as a consumer the appropriate steps to take in order to return transactions as unauthorized or authorized revoked are:

Contact your bank, the RDFI (Receiving Depository Financial Institution)
Complete and provide a Written Statement Under Penalty of Perjury to your bank

Your bank can then return the transaction(s) as unauthorized to the originator of the transactions.

Once xxxxxxxxxx has received a transaction returned unauthorized or authorized revoked, it is our policy to honor the request to not allow any future credit or debit transactions to that account.

Please be aware that xxxxxxxxxx processes ACH electronic transactions only. If there are any check drafts or electronic checks processed against your account, those transactions are not processed through the ACH electronic transaction network and xxxxxxxxxx will not be able to assist you with those particular transactions.

At xxxxxxxxxx, we are extremely sensitive to customer complaints. Please be assured we will work with you the best we can to resolve your concerns. Listed below is the contact information for the company that originated transaction(s) to your account through xxxxxxxxxx. Please contact the company directly for further resolution:

Posted: Wed Jul 30, 2008 8:24 am Subject:

llw is very familiar with this, and hopefully she will be around to advise you shortly.

Posted: Wed Jul 30, 2008 8:25 am Subject: reply

it looks good thus far,do as the e-mail instructs.shazz is right too.these places have had it so good for so long doing what they do.now when someone knows there rights and fights for them,they try to bully.don't get down,you are doing great. Very Happy

Posted: Wed Jul 30, 2008 8:27 am Subject:

Great. Thanks!

In the meantime i have sent ACH Revoke Requests via online message system to my bank.

Posted: Thu Jul 31, 2008 5:17 am Subject:

I received the following email from one of the other PDL lenders:

Mr.Mrs. AAAA,

This letter is to confirm that we have received your revocation of ACH
authorization to your bank account on file (ending in 9999). No further
transactions will be initiated to or from your checking account by
XXXXXXXX or its agents.

Your request to have your account marked as "Paid in Full" and to receive
a PIF letter will be granted if you sign and fax back the attached
document to our attorney's fax number (111-111-1111).

If you have any questions or concerns, please contact a customer service
representative at (000)000-0000.

Thank you for choosing XXXXXXXX.

Posted: Thu Jul 31, 2008 5:20 am Subject:

the document they attached:

SETTLEMENT AGREEMENT
This SETTLEMENT AGREEMENT, effective 7/30/08, is entered into by and among, XXX
XXXXXX Ltd, t/a YYYYYYYY, and XXXXXX, an individual residing in the State of Michigan.
Lender and Borrower desire to settle any and all disputes between them concerning the
subject matter of the Loan Agreement;
NOW THEREFORE, in consideration of the premises and the mutual covenants contained
herein, and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Lender and Borrower, intending to be legally bound hereby, agree as follows:
1. Settlement. In consideration for the release and confidentiality covenants contained
herein, Lender hereby covenants and agrees that loan is paid in full.
2. Release. In exchange for forgiveness of the Debt, Debtor hereby covenants and
agrees to release, acquit and forever discharge, and irrevocably covenant not to sue, Lender (and its
affiliates, predecessors, successors and assigns, and its officers, directors, stockholders,
representatives, agents and employees), of, for and from any and all obligations, liabilities, losses,
damages, actions, claims and demands of every kind and nature, in law, equity or otherwise, known
or unknown, suspected and unsuspected, disclosed and undisclosed, asserted and unasserted, for
damages actual and consequential, past, present and future, as well as all obligations, liabilities,
losses, damages, actions, claims and demands which originated or could have been asserted for any
reason in any lawsuit or otherwise, at any time on or prior to the date hereof arising out of the Loan
Agreement (Release). Debtor expressly agrees that this Release shall extend to any and all claims,
even claims not now known or suspected to exist and which, if now known, would have materially
affected this settlement, and further waives and releases any contrary right or benefit conferred by
law. Specifically borrower will withdraw any complaint already filed with any agency without
disclosing terms of settlement other than they wish to withdraw the complaint completely and
the issue has been satisfied to borrower’s satisfaction, and they are requested that they
complaint file be closed.
3. Confidentiality. Debtor hereby covenants and agrees that the existence of this
Agreement and the specific terms and conditions of this Agreement is, are, and shall remain
absolutely confidential, and Debtor, on its own behalf, and on behalf of all of its successors,
representatives, agents, relatives, heirs, legatees, and attorneys, shall not disclose the existence of
this Agreement or any of the terms or conditions of this Agreement to any persons or entities
whomsoever, or whatsoever, for any reason or no reason, except as required by law or among the
attorneys or tax and financial advisors of Debtor.
4. Assignment. This Agreement and the rights and obligations hereunder, may not be
assigned, in whole or in part by Debtor without the prior written consent of Lender. This Agreement
shall be binding upon, and inure to the benefit of, the successors, executors, heirs, representatives,
administrators and permitted assigns of the parties hereto.
5. Enforcement. Debtor covenants and agrees that the rights and obligations in this
Agreement are of a unique and special nature, and Lender is without an adequate legal remedy in the
event of violation by Debtor of any of its covenants herein. Debtor covenants and agrees, therefore,
that each of the covenants made by it under this Agreement shall be specifically enforceable in
equity (including without limitation, injunctive relief to prevent or restrain any breach or threatened
breach), in addition to all other rights and remedies, at law or in equity or otherwise, that may be
available to the Lender.
6. General. This Agreement contains the entire agreement and understanding between
the parties with respect to the subject matter hereof, and supersedes all prior communications,
representations, agreements, drafts and understandings, whether written or oral, relating to the
subject matter hereof. This Agreement may be executed in any number of counterparts, each of which, when executed and delivered, shall have the force and effect of an original, but all of which
shall collectively constitute one and the same instrument. In making proof of this Agreement, it shall
not be necessary to produce or account for more than one such counterpart. Execution of a facsimile
copy shall have the same force and effect as execution of an original, and a facsimile signature shall
be deemed an original and valid signature. This Agreement may not be modified or terminated
except by an express written instrument signed by a duly authorized representative of the parties
hereto. The waiver by any party of a breach or a default of any provision of this Agreement by a
party shall not be construed as a waiver of any succeeding breach of the same or any other provision,
nor shall any delay or omission on the part of any party to exercise or avail itself of any right, power
or privilege that it has, or may have hereunder, operate as a waiver of any right, power or privilege
by such party. If one or more provisions of this Agreement are held to be illegal or unenforceable
under applicable law, such illegal or unenforceable portion shall be limited or excluded to the
minimum extent required so that this Agreement shall otherwise remain in full force and effect and
enforceable. This Agreement shall be governed by, construed and enforced in accordance with, and
subject to the laws of the District Of Columbia without regard to its conflicts of law provisions.
Upon signed return of this document clients balance will be considered paid in full. Payday2go will
expect a letter in return with in 48 hours stated the all complaints have been withdrawn and closed by
the borrower.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the Effective
Date.

Posted: Thu Jul 31, 2008 5:21 am Subject:

I told them as soon as i received my refund i would sign.

Posted: Mon Aug 04, 2008 8:25 am Subject:

Can someone help me calculate a refund amount under michigan law? I've posted the amounts i've paid, and michigan law in this thread.

Please use any one of them as an example.

Thanks for the help!

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