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 Posted: Tue Jan 23, 2007 11:17 am Subject: westbury ventures sent an email after putting a C&D |
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I recieved this email after I sent a cease and desists letter. I already paid the principal amount and they aren't even licensed in my state:
| Quote: | The difficulties experienced by the collection department at Westbury Ventures when attempting to obtain the slightest amount of cooperation from you have led to your account status being changed to “Refusal to Pay/Intentional Neglect”.
This is a serious matter and all appropriate actions will be taken to collect this balance. Through your actions (stopped payments, declined payments, account’s closed or ignoring calls…) and lack of cooperation, it is evident that you have no intention of paying this account willingly and further actions must be taken.
Borrowing money and intentionally neglecting to repay what was loaned to you is a serious matter. The consequences for the actions that you have taken were clearly explained in your signed loan contract. To avoid these consequences, return one of the attached authorization forms before 5:00pm CST today so that this balance can be cleared without further incident. Fees will be added to your balance after 5:00pm CST .
If you have any questions about your account with Westbury Ventures, feel free to contact me by phone or email. |
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rmjacobs
Joined: 08 Jan 2007
Posts: 59
Debtcc Points: 1608
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| Posted: Tue Jan 23, 2007 12:57 pm Subject: |
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Quote their sentence
| Quote: | | Borrowing money and intentionally neglecting to repay what was loaned to you is a serious matter. |
Say that you have already paid the principal amount after looking through your bank statements and they are trying to misrepresent it.
You would have paid the interests and fees if they are licensed in your state. You have confirmed the info with the Dept of Corp and found that their business is unlicensed in your state. Add further that you are going to file your complaints with the local AG and the BBB for charging excessive interests and fees without having a valid license. It will be good if they provide a PIF letter and mark you with a "Do not loan" status in their system. Tell them that you want a response within one day or you are looking forward to file your complaints with the legal authorities.
Make sure that you are confirmed of everything before writing this letter.
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Steg
Joined: 22 May 2006
Posts: 392
Debtcc Points: 5545
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| Posted: Tue Jan 23, 2007 1:18 pm Subject: |
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A cease and desist does not prohibit a creditor or collector from contacting you via written communication. They have to have some open avenue to communicate with you.
That said, have you overpaid the principal by an amount that exceeds what is allowable by your state lending laws?
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Rach
Debt Samaritan
Joined: 10 May 2006
Posts: 201
Debtcc Points: 2838
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| Posted: Tue Feb 06, 2007 8:35 am Subject: I just recieved this email this morning- please help!! |
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ALERT: Notice of Delinquent Account – Loan under Review
| Quote: | Dear Customer,
This letter is a notification of your outstanding cash advance balance with Westbury Ventures(and/or its affiliated companies) and the further action pending to ensure this matter is resolved in a timely manner. Funds were loaned to you in good faith based on your promise to repay them as you agreed to in your loan contract. Currently, a number of finance charges and late fees have accrued on your balance. It is my desire to work with you to reduce this balance and prevent any reporting or other further actions from being taken. I am more than willing to discuss this matter with you and, depending on your timely response and cooperation, offer you a settlement on your current balance. These settlements can save you from 20%-60% of what you now owe and ensure that no other departments or outside agencies are involved. If you have any questions, please contact me immediately. Again, the sooner you contact me, the more you will save.
For your convenience, I have attached authorization forms to this email. To pay by credit card or checking account (ACH), please complete the correct form and fax it to me immediately. The payments can be scheduled as you wish, however; to cease all fees and charges, a payment arrangement needs to be submitted ASAP by returning the form. There is no additional cost to you for payments made via credit/debit card or through your checking account, however; if those methods are not possible, we also now accept MoneyGram payments (available at all Wal-Marts):
Receive Code: 4959
Company: LTS Management
City: Henderson
State: NV
Your account number:
(Please contact me for your ACCOUNT REFERENCE #)
Again, I am here to help you reach an amicable resolution to this balance. Please contact me immediately to discuss this situation and the repayment options available to you. REMEMBER: The sooner we work together, the more you can save.
I look forward to your response.
Sincerely,
Ryan Hall |
_________________
~ Tweety~
When I'm good, I'm very good, but when I'm bad, I'm better.
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Tweety71
Joined: 04 May 2006
Posts: 2045
Debtcc Points: 22617
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| Posted: Tue Feb 06, 2007 9:16 am Subject: |
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I have recieved similar letters. Stand your ground about sending MO if they want that money bad enough they will take what they get. Have you paid on the acct? are they licensed in your state?
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rmjacobs
Joined: 08 Jan 2007
Posts: 59
Debtcc Points: 1608
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| Posted: Tue Feb 06, 2007 9:19 am Subject: |
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I am in Indiana. I dont think they are licensed....I have paid the finance fee's at least 2 times for 90.00. I have asked for validation and this Ryan Hall wont send me anything nor will he reply to my emails....
_________________
~ Tweety~
When I'm good, I'm very good, but when I'm bad, I'm better.
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Tweety71
Joined: 04 May 2006
Posts: 2045
Debtcc Points: 22617
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| Posted: Tue Feb 06, 2007 9:48 am Subject: |
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So i would only pay the remaining of the original loan. They aren't even licensed in your state also they aze charging really high interest rates which are illegal. I wouldn;t worry about it until he contacts you. They can be tough but hold you ground. You may want to report to your AG.
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rmjacobs
Joined: 08 Jan 2007
Posts: 59
Debtcc Points: 1608
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| Posted: Tue Feb 06, 2007 10:30 am Subject: laverne |
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who is west bury ventures they just called me who is that company who are they associated with? they are very nasty, i just talked to them breifly,but i dont know who they are. maybe they are using a alias name that is why i dont know who they are, do any one know who this group is. who are they assocaiated with. and are they appart of mte or what /? i want to know so when i talk them i will know what to say to them./
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lavernedorsey2002
Joined: 23 Nov 2006
Posts: 91
Debtcc Points: 2008
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| Posted: Tue Feb 06, 2007 10:42 am Subject: |
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their out of Henderson NV laverne....& run quite a fe alias names.........
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texasconsumeractivist
Debt Samaritan
Joined: 23 Jan 2007
Posts: 680
Debtcc Points: 553
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| Posted: Tue Feb 06, 2007 10:53 am Subject: laverne |
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do you know who the alias names are because i dont know who they are. that will help if i knew who they are they calling on behalf of whom ever the alias company is. and are they legal who ever they are i really need to know this before i call if so what should i do with these companies? i would appreciate you input thanking you in advance.
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lavernedorsey2002
Joined: 23 Nov 2006
Posts: 91
Debtcc Points: 2008
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PinkLady
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PinkLady
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| Posted: Tue Feb 06, 2007 2:49 pm Subject: |
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After I got the email from Ryan at Westbury Ventures I emailed him back ( I will send written letters Wed) I told him that I have filed complaints with the FTC, The AG, BBB for charging illegal interest on my account.
They want 570.00 on a 300.00 loan! I DONT THINK SO!
_________________
~ Tweety~
When I'm good, I'm very good, but when I'm bad, I'm better.
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Tweety71
Joined: 04 May 2006
Posts: 2045
Debtcc Points: 22617
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| Posted: Wed Feb 07, 2007 7:43 am Subject: laverne |
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oh now i know who they are i have xpress cash an d genova roth are they easy to work with or they mean i am tring to work with these people but its there way or no way i dont understand. at least i know who they are they just say westbury ventures what are they email address if you dont main tell me this. i forgot what i go i will go back to see are they legal do you know i know that in the state of ill a pay day loan cannot take more 15 per 100 they all take more than that, also they cannot do crimanal charges so these threats are just to scare people of course who wants to go to jail no one if they can keep from it. so who have advice for these people:? also national opportunty i dont know if this is there real name but that is the name they give me when they call.
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lavernedorsey2002
Joined: 23 Nov 2006
Posts: 91
Debtcc Points: 2008
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| Posted: Wed Feb 07, 2007 10:38 am Subject: |
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What state are you in laverndorsey2002?
_________________
~ Tweety~
When I'm good, I'm very good, but when I'm bad, I'm better.
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Tweety71
Joined: 04 May 2006
Posts: 2045
Debtcc Points: 22617
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| Posted: Wed Feb 07, 2007 10:38 am Subject: |
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| Quote: | February 7, 2007
The difficulties experienced by the collection department at Westbury Ventures when attempting to obtain the slightest amount of cooperation from you have led to your account status being changed to “Refusal to Pay/Intentional Neglect”.
This is a serious matter and all appropriate actions will be taken to collect this balance. Through your actions (stopped payments, declined payments, account’s closed or ignoring calls…) and lack of cooperation, it is evident that you have no intention of paying this account willingly and further actions must be taken.
Borrowing money and intentionally neglecting to repay what was loaned to you is a serious matter. The consequences for the actions that you have taken were clearly explained in your signed loan contract. To avoid these consequences, return one of the attached authorization forms within 48 hours so that this balance can be cleared without further incident. Fees will be added to your balance after that time.
If you have any questions about your account with Westbury Ventures, feel free to contact me by phone or email.
We now accept MONEYGRAM !!!!!!!!!
Receive Code: 4959
Pay to: LTS Management
City: Henderson, NV
Account # or Loan ID#
NOTE: Please email or call in REFERENCE NUMBER to confirm payment.
Ryan Hall
Account Manager
Bad Check and Recovery Unit
Westbury Ventures
Phone: 800-859-6439 ext. 358
Fax: 866-323-6555
2756 N. Green Valley PKWY
Suite 871
Henderson, NV 89014-2120
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What should I do?
_________________
~ Tweety~
When I'm good, I'm very good, but when I'm bad, I'm better.
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Tweety71
Joined: 04 May 2006
Posts: 2045
Debtcc Points: 22617
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