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#51
10-11-2007, 01:46 PM
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If the reasoning here and the facts are good enough for residents of Maine - it should be good enough for us trapped by them.
Did you catch this paragraph: Oklahoma credit regulators have also issued a cease and desist order against the company. The lender reportedly claims that it is operated by the Modoc Indian tribe, and is therefore sovereign and exempt from the consumer protection laws of any state. The credit regulators in Oklahoma have served them with a cease & desist order. If they plea tribal rights; here's what I am coming back with: While an Indian tribe may be free to govern activities on its own tribal land, (your state) law deems the activities of (whatever dba)to have occurred in this state (your state). You (the dba) entered into a contract with a resident living within (your state) state’s borders, and arranged to deduct funds from my bank account here in (your state). 
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#52
10-11-2007, 01:50 PM
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lucy, they have cease & desist orders in a few states. Not all. They actually are not licensed/legal in any state in the United States. Just not all states have issued a cease & desist to them. However, legally you don't have to pay them squat! LOL! Legally, they can't do squat to you! Maybe we all need to drive to the Indian Reservation and torch a few tee-pees. Now, you do realize, knowing all of this, that I am sooooooooo gathering this up and sending it in to the Oklahoma Attorney General. I would like to see a cease & desist in every state. Good for me.....
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#53
10-11-2007, 01:56 PM
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OKLAHOMA credit regulators issued the cease & desist order. As their physical location is in Oklahoma perhaps they'll be run out of Oklahoma soon, too.
Lucy - Ive previously checked with IL Department of Financial & Profession Regulation. IL requires them to be licensed in order to do business with us Illini !!!
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#54
10-11-2007, 02:04 PM
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My C&D order for United Cash Loans came from Oklahoma AG. I'm also a resident of Oklahoma, so it's easier on me to deal with one states laws :lol:
The person I'm dealing with in the AG office says they are on the UCL's trail and tired of them scamming people. Hopefully they'll be shut down! :twisted:
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#55
10-11-2007, 02:11 PM
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More ammo - here's a list of well knowns who have joined in the fight against PDL's.
The National Association of Consumer Agency Administrators (NACAA), recently joined state attorneys general, AARP, Center for Responsible Lending, Consumer Federation of America, National Association of Consumer Advocates, and the National Consumer Law Center in filing a friend of the court brief in State of Colorado ex rel. Suthers v. Cash Advance and Preferred Cash Loans. Please refer to this link: http://www.nacaa.net/ColoradoAmicus.pdf Definitely worth monitoring - anxious to see outcome
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#57
10-11-2007, 06:07 PM
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lucy, nothing. You don't reside in a state where a cease & desist has been issued for them. Still, they are an unlicensed/illegal lender. What you're trying to do is pay the principle amount of the loan only. Nothing more. All this information is just written proof that they are unlicensed/illegal. We already know that. But this is great information to have to file complaints. But, lucy, you stay on the path that you're on. Don't let all of this sway you. Yes, they are illegal. Yes, we know that. You're doing fine with what you are doing. Now, if you lived in Oklahoma maybe it would be different! And also for me too! LOL!
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#58
10-12-2007, 05:57 AM
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FYI (Lucy - since we both live in IL) I plan to contact the IL regulatory office again & let them know that the company/dba's have been traced to an indian tribe in OK & they are claiming sovereignty. Personally, Ive paid them back the principal I borrowed. It's the right thing to do. However, Im not paying anymore fees & definitely feel more confident that peeps of importance & high profile agencies are onto their scam & fighting them.
I was so excited on my train ride home that I let my lawyer friend read the two prints I had. The decision in Maine & then the pending litigation in Colorado. He was impressed with the solid reputations that are involved with the Colorado suit. AARP, State Attorneys general. He made a great point; these agencies have the assets/funds to continue the 'fight' per say with the indian tribe; he also said with the AARP's huge membership & media outlets that more peeps will be educated about these illegal PDL's. Imagine an elderly person dealing with the harassment from these PDL's that we are !! He did raise an interesting point - In the Colorado suit the trial court ordered the Indian tribe apparently running the PDL's to produce the documents of sovereign immunity & instead of producing the papers & proceeding - the lender did not & appealed. Like my friend said; 'If they have them & its their core defense, produce them !'. Awful fishy . . . .
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#59
12-28-2007, 08:47 AM
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500 Fast Cash..
Ok.. So the saga continues to 500 Fast Cash.. I checked my bank statement and there is NO frickin deposit from them!! They just called me at work... I access my loan documents and it's dated for today.. wtf??
I don't know what else to do!!! I filed with the BBB and 500 fast cash kept saying that I needed to provide a fax # so they could send my documents.. help!!
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#61
01-22-2009, 11:20 AM
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so you sold out to a criminal pdl for either
some good stuff for your peacepipes some fine firewater some nice hoochies either way don't call anybody here anything you sellout.
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#62
01-22-2009, 01:06 PM
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Commit fraud? Good grief. You want to talk legalities? How about this? How about the fact you don't furnish copies of anything upon request? How about furnishing invoices so that the customer can keep detailed accounting as to what is being paid to you? How about continued harassment after being told to cease and desist? And by the way, failing to pay a loan is NOT fraud, it's default and therefore a civil matter.
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