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Posted: Fri May 02, 2008 4:41 pm

Nathan Please take a look at the ACH Threads and sticky. I had United Cash Loan too and through their ACH Processor I got an e-mail today that my account is Paid in Full. I had paid them $150 more than the actual loan. Don't be scared be mad! Call and write everyone you can think of...you bank, your AG, their AG, their ACH Processor (United's is Connie Mosuer at Intercept and Julie Berklin at Bremer Bank), Contact the bbb. Get a C & D letter from here and go for it. The more pressure you put on these people the more likely they are to let you out of it.

Posted: Fri May 02, 2008 7:21 pm

thanx for your help people. i just want to have money to pay bills and now im caught in this crap.

this is the original poster of this thread btw

Guest · Posted: Sat May 03, 2008 6:04 pm

Also, one thing about these loans-I am only an authorized check writer on the account. It is actually my wifes account. Is it legal for them to do this without her approval?

Posted: Sat May 03, 2008 7:39 pm

Hi Nathan and a big welcome!
I went over your list of PDL's and I have good and some not-so-good news. The good news is that 7 PDL's is not that much in the scheme of things, as I and many other people had many more. I had 10 and there are some of us who had as many as 20 who are now PDL free, so you CAN do it. The bad news is that you are dealing with some notorious bottom-feeders, headed by Cash Today. I also dealt with them and they are a huge pain.
Like everyone else has said here, you MUST close this bank account, or else they will drain you dry. Cash Today, like I said before, is famous for this. They are located off-shore, which means they are out of the country (in Britain) and are not licensed anywhere.
Take a look at how much your original loan was with them and all your other ones, and if you have paid your loan principal (which I am sure you have), you need to revoke ACH authorization to your accounts and let them know that you will be reporting them to the FTC and your state's attorney general's office. We are always here to help!

Nathan52142cant sign in · Posted: Sat May 03, 2008 7:47 pm

I have emailed my state banking comission and am going to go talk to our bank on Monday to see if it can be put on a Deposit only and make sure the ACH of these loans will not go through. I still have some legit checks that need to go through. The next fees are not supposed to come out until the 15th. I can put away about 400 each payday to try to pay these off(eventhough i do not believe them to be legit, i do not honestly remember okaying them over the last month or so.

Posted: Sat May 03, 2008 9:18 pm

Hey Nathan,
Are you having a problem signing in?? (I noticed your name on the last post Very Happy

) If you still can't, email an admin and they can help you.

Posted: Sun May 04, 2008 4:16 am

Nathan, Get a Hard stop on that account if you can not get it closed. Then talk to your bank about getting the ACH processor information. The ACH processor is the company the PDL uses to Process the amount taken out of your account. They are liget companies and do not like to hear that their clients are doing ilegeal activity. They will tell you that they can't help but put a little pressure on them. See if they will call the PDL with you on the line. Get them to investigate the complaint. PDL's can not take money out of your account with these people so when they start asking questions the PDL is more likely to at least mark your account PIF.

This is the e-mail I got on Friday after calling Bremer and Intercept, United's Processor.

Thank you for choosing UnitedCashLoans, your choice for online cash loans. We are happy to assist you with all of your cash needs.

This letter is to confirm that your account with UnitedCashLoans has a zero balance as of 05/02/2008. No further transactions will be debited from your checking account.*

If you have any question or concerns, please contact a customer service representative at 1-800-279-8511.

Sincerely,

Customer Service

Nathan521421 · Posted: Sun May 04, 2008 4:40 am

Does anyone know if it is even legal to be debiting my wifes account if she did nor okay these loans.

Nathan521421 · Posted: Sun May 04, 2008 12:54 pm

Would anyone care to suggest what I might say to my bank. I am kinda nervous about talking to them?

Posted: Sun May 04, 2008 1:01 pm

unfortunatley nathan,if that is the account you used to obtain the loans.they will continue to debit.as skydiver said,alot of these are bottom feeders.they do not care if you are not the holder of the account.you gave them that account and the only way to stop the debits is a hard block or closing and opening a new account.just go talk to your bank manager and explain the situation.i think roxy or volley has a letter revoking ACH debit consent.

Posted: Sun May 04, 2008 1:08 pm

You are just going to have to be honest with your bank. Tell them what has happened. Have with you a copy of the revoke ACH authorization letters you have sent and any other paperwork you have. I have also had something that says how much I owed and how much I have paid. Get your bank to help you figure out who their ACH Processors are. You may have to get to the ACH Department within the bank. I know it is scary but you have to do this to save yourself.

Nathan521421 · Posted: Sun May 04, 2008 1:45 pm

How can i get the letter denying ACH consent?

Posted: Sun May 04, 2008 4:11 pm

Here you go Nathan. Double check that I changed everything to Iowa. This is the one I used.

To Whom It May Concern:

As of today (DATE) I do not authorize (PDL COMPANY) nor any representative, parent company, affiliate, or subsidiary of (PDL COMPANY) to withdraw any funds from any account under the name of (YOUR NAME) . Your company is in violation of Iowa State Laws:

Citation:
Iowa Code Ann. § 533D.1 et seq.

Loan Terms:
Maximum Loan Amount: $500
Loan Term: Max: 31 days
Maximum Finance Rate and Fees: $15: $0-$100; $10 per $100 thereafter
Finance Charge for 14-day $100 loan: $16.67
APR for 14-day $100 loan: 433%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: Two
Rollovers Permitted: None (cannot repay, refinance or consolidate)
Cooling-off Period:
Repayment Plan:

Collection Limits:
Collection Fees: One $15 NSF fee (exclusive remedy)
Criminal Action: Not Specified

Where to Complain, Get Information:
Regulator: Iowa Division of Banking
Address: 200 East Grand Avenue, Suite 300 Des Moines IA 50309
Phone: (515) 281-4014
Fax: (515) 281-4862
Regulatory Contact: Rodney Reed,, Finance Bureau Chief

Your claim that the contract that I signed is only governed by the law of the state in which your company resides is unsubstantiated. There is specific Federal case law that refutes your claim. Your company solicited, accepted and transacted business with a citizen of the State of Iowa, thus you are subject to the laws of this state laws.

In lieu of your blatant disregard for the laws of the State of Iowa, I am offering (PDL COMPANY) the opportunity to settle with me, per Iowa Code Ann. § 533D.1 et seq.
.
I have paid you a total of $XXX in interest and fees, and $XXX in principal, on a $XXX loan. Thus, I am expecting (PDL COMPANY) to mark the account under the name of (YOUR NAME) ‘paid in full’. At no time will (PDL COMPANY), any representative, parent company, subsidiary, or affiliate of (PDL COMPANY), place any derogatory mark on my credit report with any credit bureau, nor any other check writing database, such as Teletrack or an equivalent database. If (PDL COMPANY), does not abide to the settlement conditions stated above, I will have no choice but to file a civil suit against (PDL COMPANY), for the monetary damages that I am entitled to per Iowa State Law. I have also formally complained to Attorney General of Iowa as well as the Attorney General of (THEIR STATE).

I prohibit you or your affiliates to contact me via telephone at my place of employment or my home and cellular telephone numbers. I also prohibit you from calling my references listed on my loan. As part of the Fair Debt Practice Collection Act, 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 Iowa.

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.

All correspondence as of today (DATE), shall be in written form either through the email address, (YOUR E-MAIL) I provided to you at the time of the application, or via The United States Postal Service. Please acknowledge receipt of this letter, and acknowledge acceptance of, and willingness to adhere to the settlement described above, in writing, within 24 hours of receipt. If I do not receive this acknowledgment within 24 hours, I will begin the legal proceedings described above.

Sincerely,

cc: YOUR BANK
Attorney General of Iowa
Attorney General of (THEIR STATE)

Nathan521421 · Posted: Sun May 04, 2008 7:08 pm

Thank you for the template-I am goin to take it with me tomorrow when i go to the bank-i need to let the account stay open a few days for my legit debts go through-then see if it can be ACH blocked or deposit only. I will send the emails out in the days inbetween that. Can the pdls try to push through payments before my next due date on 15th if they get the email before my bank gets the account closes?

Posted: Sun May 04, 2008 7:18 pm

Hi there...DO NOT send the letters until you have confirmed the account is closed or a block has been placed. If they catch wind that you are cutting off their $$ source, they will definitely go in early to get what they can.

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