Need Help to find out if these IPDL is illegal.

Hi All,

I'm not sure where is my first post but i'm rewriting all over again and hopefully some expert can help me with my internet payday loans. I live in California and i have a lot of payday loan out right now. I mostly paying interest right now and i'm head over heal. I need expert advice. Im wondering if the below internet is legal in California.

IPDL Loan amt Paid

Advance Me Today 900 1130
FourseasonCash 970 578.52
Galaxy Marketing 900 1080
Cash yes 1200 1200
Bigskycash 600 720
Bottom Dollar 800 960
VIPLoanShop 700 840
Action Payday 500 600
St. Armands Group 300 270
LLS America 500 525
Itsmypayday 700 350
Cash Cure 600 318
Spektrum 500 318
Paydayyes.com 400 120
PlainGreenloan 800 246.92


Please Help

Peter

FourSeasonCash - illegal
Bigskycash - illegal
VIP loan shop - illegal
Plain Green Loan - illegal

Obviously ditchdebt doesnt know how to answer a question or help you resolve your debt.

Go to this link...http://www.debtconsolidationcare.com...pdls-laws.html

Read the CA laws....for starters you can only have one loan at a time and rollovers are not permitted.

Many of your loans are illegal...way more than ditchdebt has indicated. Go to the website of each loan...look for where they are located. Sometimes the information is buried in terms and conditions. If the lender is located offshore or is tribal, it is ILLEGAL. If they are rolling over loans, THEY ARE ILLEGAL. If you cannot find out yourself by location if they are illegal, go the the California contact information in the above link and call them .

As for dealing with the illegal lenders, read Ohiogals instructions.
http://www.debtconsolidationcare.com...allenders.html

i can't one legal lender in that bunch so that being said.here is a breakdown for you

lenders who you overpaid

bottomdollar
VIP loanshop
action payday
galaxy
advancemetoday
LLS
big sky

lenders who you still owe

four seasons
st.armands
itsmypayday
cash cure
spektrum
payday yes
plain green

now those you only owe the principle so you owe much less than that on these.

you paid cash yes on the barrelhead exactly.

follow the link SOAPLADY gave you and close your account first and foremost.

Thank you to all,

I just closed my Bank Acct today. So all i need is follow the step that Ohiogal posted? Hopefully i can deal with these ppl and get them out of my back.

Peter

follow the sticky and use any template letters in there as well.keep us posted.we can help further.

Hi Expert,

Where can i find out if the PDL is licensed in the state of California?

Thanks
Peter

As Paul indicated, none of your lenders are licensed in CA.

You can look up CA licenses here.

You can also contact the California Department of Corporations to verify licenses.

California Department of Corporations
Financial Services Division
1515 K Street, Suite 200
Sacramento CA 95814
Phone: 866-275-2677

Hi all,

I need some more help again. This is the email i received from Payday Loan Yes which aka First National Services/USA Cash Express.

Thank you for your concern.

***Governing Law Both parties agree that this Note and your account shall be governed by all applicable federal laws and all laws of the jurisdiction in which the Lender is located, regardless of which state you may reside, and by signing below or by your electronic signature, you consent to the exclusive exercise of regulatory and ad judicatory authority by the jurisdiction in which the Lender is located over all matters related to this Note and your account, forsaking any jurisdiction which either party may claim by virtue of its residency. ***You are liable for the loan in full according to the contract that you agreed to at the inception of the loan. I apologize for any inconvenience.

Thank you for choosing USA Cash Express.

What should i do now? Help!

Peter

Hi All,

I received my first response from Payday Loan Yes aka First National Services/USA Cash Express. I don't understand what it means. Please help.

Thank you for your concern.

***Governing Law Both parties agree that this Note and your account shall be governed by all applicable federal laws and all laws of the jurisdiction in which the Lender is located, regardless of which state you may reside, and by signing below or by your electronic signature, you consent to the exclusive exercise of regulatory and ad judicatory authority by the jurisdiction in which the Lender is located over all matters related to this Note and your account, forsaking any jurisdiction which either party may claim by virtue of its residency. ***You are liable for the loan in full according to the contract that you agreed to at the inception of the loan. I apologize for any inconvenience.

Thank you for choosing USA Cash Express.

What should i do from here? Help Please.

Peter

Hi All,

I received my first reponse from Payday Loan Yes aka First National Services/USA Cash Express. Please see below

Thank you for your concern.

***Governing Law Both parties agree that this Note and your account shall be governed by all applicable federal laws and all laws of the jurisdiction in which the Lender is located, regardless of which state you may reside, and by signing below or by your electronic signature, you consent to the exclusive exercise of regulatory and ad judicatory authority by the jurisdiction in which the Lender is located over all matters related to this Note and your account, forsaking any jurisdiction which either party may claim by virtue of its residency. ***You are liable for the loan in full according to the contract that you agreed to at the inception of the loan. I apologize for any inconvenience.

Thank you for choosing USA Cash Express.


What should i do from here? Please Help!
Thank you
Peter

I just received another response. This one is from AdvanceMetoday.

Dear Peter,

Thank you for contacting us.

Please be aware that this is a St. Vincent company, St Vincent and the United States are both parties to the General Agreement on Trade in Services, a treaty which specifically permits companies in one country to make consumer loans to citizens of the other.

Under the treaty, we are only obligated to follow the federal laws of the United States. We are not required to obtain state licenses and individual state laws do not apply since the federal laws adopting this treaty supersede any state's laws on the subject.

If there is anything else we may do for you do not hesitate to contact us again.

Regards,

Customer Service Department
Advancemetoday.com

888-408-4394
888-660-2984 (Fax Number)

What is the next part i should do? Help!

Peter

illegal lenders try to play the"governing law"card.it's BS.your state law prevails meaning they are illegal and you should proceed as such.

So all i have to say is "My state law prevails meaning they are illegal and you should proceed as such."?

Peter

i stated that for your info.respond to the lenders this way.

since i am in fact a resident of california,and not your hole in the wall.that means california law prevails,and you are indeed illegal.

respond that way.

Thanks Paul,

I will try your way of response.

Peter