Navigation
 
Old 07-03-2006, 01:04 PM
krussell1970 krussell1970 is offline
Junior Member
 
Join Date: Jun 2006
Posts: 57
Credits: 2,213
Default love letter from Ameriloan

I just received a lovely email from ameriloan refusing to mark my account as paid in full. They are willing to settle. Honestly, I can't decide if it is worth it to fight them (they're not licensed in this state, and have charged way too much interest even if they were, and have rolled my loan over six times...) or just to pay them what they think I owe ($80).

At any rate, here's the most interesting part of the email:


Quote:
We have identified your posts on a debt consolidation website and have turned this matter over to our Fraud Investigation Company. They have told us your letter has been sent to other companies they deal with for accounts that you and your husband Darren Russell hold.
And they enclosed a cute little document for me to sign and return to them. The most interesting part of that document is this:

Quote:
I agree that all previous payment authorizations are valid and direct my bank to honor them.

I agree to give up any right I may have to make any complaint to any court or government agency regarding my account with AMERILOAN.
Um, hello? I might consider settling but I won't let them have access to my account. And I certainly won't give up my right to complain about them to my state's attorney general!

Anyway. Interesting scare tactics. And hey Ameriloan, thanks for providing me with about 10 minutes of free entertainment this afternoon!
Quick reply to this message
 
Old 07-03-2006, 01:21 PM
anthony's Avatar
anthony anthony is offline
Member
 
Join Date: Jun 2006
Posts: 461
Credits: 8,727
Default

Good that you are not nervous!! Most people get scared of such scare tactics. You are sure that ameriloan is not licensed in your state and have charged more than the allowed state laws. You hold the legal stand in such case. I would like to talk to an attorney and know how he can assist you in this regard.
Quick reply to this message
 
Old 07-03-2006, 01:26 PM
polly's Avatar
polly polly is offline
Senior Member
 
Join Date: Mar 2006
Posts: 1,795
Credits: 23,147
Send a message via Yahoo to polly
Default

ameriloan IS NOT LICENSED IN OKLAHOMA!!!

AMERILOAN CHARGES MORE THAN THE STATE OF OKLAHOMA ALLOWS IN FEES FOR A PAYDAY LOAN



Ameriloan if you are reading chew on that ish!
Quick reply to this message
 
Old 07-03-2006, 01:30 PM
polly's Avatar
polly polly is offline
Senior Member
 
Join Date: Mar 2006
Posts: 1,795
Credits: 23,147
Send a message via Yahoo to polly
Default

Quote:
A. No person may engage in the business of making deferred deposit loans without first obtaining a license pursuant to this act, unless exempt under subsection B of Section 3 of this act. A separate license is required for each location where deferred deposit loans are made. The licensee shall post its license to engage in the business of making deferred deposit loans at each licensed location.
B. The Administrator may initiate administrative action against an unlicensed person as if the person held a license under this act if the person is found to be engaged in the business of making deferred deposit loans.
C. The Administrator may issue a license for each location at which deferred deposit loans are to be made to any person making deferred deposit loans at multiple locations; provided, if such licensee is not in compliance with this act as to each license, any action to revoke, suspend or not renew one license shall be applicable to all licenses issued to that licensee. This subsection shall not be construed to require a license for any place of business devoted to accounting or other record keeping and where deferred deposit loans are not made.
D. When a licensee wishes to move a licensed location to another licensed location, the licensee shall give thirty (30) days' written notice to the Administrator, who shall amend the license accordingly.
http://www.okdocc.state.ok.us/TITLE59/chapter47ddl.php

If anyone needs to be turned in for fraud...it is AMEILOAN!
Quick reply to this message
 
Old 07-03-2006, 01:33 PM
krussell1970 krussell1970 is offline
Junior Member
 
Join Date: Jun 2006
Posts: 57
Credits: 2,213
Default

I searched the state attorney general's website/database (which is where the license would come from) so I'm positive they're not licensed in my state. And payday loan companies are only allowed one rollover and a charge of 20% interest in this state. My state's attorney general even has a payday loan related-complaint form online.

I didn't demand an interest refund at first--maybe now is the time?

Anyway, I'm feeling a bit like Big Brother is watching me. I hope ameriloan didn't see me in my pajamas, slurping down coffee while on my exercise bike this morning!
Quick reply to this message
 
Old 07-03-2006, 01:36 PM
polly's Avatar
polly polly is offline
Senior Member
 
Join Date: Mar 2006
Posts: 1,795
Credits: 23,147
Send a message via Yahoo to polly
Default

LMAO what state are you in? The licensing info is typically on a state's division of financial institutions website.

Be careful if ya pick ur nose...they might be watching! And Heck yes go for a refund on the interest!
Quick reply to this message
 
Old 07-03-2006, 01:49 PM
krussell1970 krussell1970 is offline
Junior Member
 
Join Date: Jun 2006
Posts: 57
Credits: 2,213
Default

Polly, I'm in Colorado. Oklahoma's laws sound similar!

I was surprised to find the database at the attorney general's website too... but here's the link, just in case anyone needs it in the future.

I'm not picking my nose right now, but I hope they don't see me sitting in front of the TV all vegged out tonight!

Edited to add link, I hope!
http://www.ago.state.co.us/UCCC/ucccdata/ucccinput.cfm
Quick reply to this message
 
Old 07-03-2006, 01:53 PM
polly's Avatar
polly polly is offline
Senior Member
 
Join Date: Mar 2006
Posts: 1,795
Credits: 23,147
Send a message via Yahoo to polly
Default

Cool beans! Thanks for sharing the link!
Quick reply to this message
 
Old 07-03-2006, 03:16 PM
krussell1970 krussell1970 is offline
Junior Member
 
Join Date: Jun 2006
Posts: 57
Credits: 2,213
Default

Well, now they're threatening to turn me over to their "legal department" because I posted snippets of their email to me up above. Funny, I thought their little disclosure was supposed to protect ME, not THEM.

At any rate, at what point does this treatment equal stalking and harassment?

Hey ameriloan? How about you send me a check for $280 in interest overages from March to present ($360 minus the $80 you think I owe you). I'm a nice kid--I'll forgive the interest overages from October to February. Smooches!
Quick reply to this message
 
Old 07-03-2006, 03:21 PM
andyyoung's Avatar
andyyoung andyyoung is offline
Member
 
Join Date: Jun 2006
Posts: 472
Credits: 6,506
Default

Remember, the email sent to you by ameriloan is for business purpose. There is nothing personal in it. You can do anything with this email. Ameriloan!!! I guess you must be aware of it.. Stop threatening on the basis of weak reasons.
Quick reply to this message
 
Old 07-03-2006, 03:35 PM
krussell1970 krussell1970 is offline
Junior Member
 
Join Date: Jun 2006
Posts: 57
Credits: 2,213
Default

Andyyoung, exactly! The email disclosure states plainly that it protects CONSUMERS. What is ameriloan consuming, besides my money?!
Quick reply to this message
 
Old 07-03-2006, 03:45 PM
polly's Avatar
polly polly is offline
Senior Member
 
Join Date: Mar 2006
Posts: 1,795
Credits: 23,147
Send a message via Yahoo to polly
Default

Tell ameriloan to bite you! Ok, I'll do it for you...

Ameriloan, bite me!

You are frauds, frauds, frauds! Go ahead please sue me, I am begging you! LOL
They wouldn't dare step foot into any courtroom in this country because they know their happy arses would get thrown in the pokey!
__________________
My *NEW* Blog
Quick reply to this message
 
Old 07-03-2006, 03:57 PM
krussell1970 krussell1970 is offline
Junior Member
 
Join Date: Jun 2006
Posts: 57
Credits: 2,213
Default

I wonder if ameriloan is licensed in any state?

Careful Polly, next thing you know they'll tell you what brand of toothpaste you use!
Quick reply to this message
 
Old 07-03-2006, 04:04 PM
andyyoung's Avatar
andyyoung andyyoung is offline
Member
 
Join Date: Jun 2006
Posts: 472
Credits: 6,506
Default

LMAO
Quick reply to this message
 
Old 07-03-2006, 04:05 PM
polly's Avatar
polly polly is offline
Senior Member
 
Join Date: Mar 2006
Posts: 1,795
Credits: 23,147
Send a message via Yahoo to polly
Default

No they are not licenced in any state. ameriloan, Rio Resources, United Cash, they are all the same. Rio actually uses a residential address in the friggin Caymen Islands and a phony registered agent in New Mexico. They paid 100 bucks for it! Anyone can buy it from this website that advertises how to hide one self and their assets. There is a whole book to buy!
__________________
My *NEW* Blog
Quick reply to this message
 
Old 07-03-2006, 04:06 PM
polly's Avatar
polly polly is offline
Senior Member
 
Join Date: Mar 2006
Posts: 1,795
Credits: 23,147
Send a message via Yahoo to polly
Default

And I use toothpaste from Dollar World'
__________________
My *NEW* Blog
Quick reply to this message
 

Quick Reply
Name:
Message:
Remove Text Formatting
Bold
Italic
Underline

Insert Image
Wrap [QUOTE] tags around selected text
 
Decrease Size
Increase Size
Options
Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -8. The time now is 08:18 AM.




About Us | Contact Us | Affiliate | Sitemap | Espanol | RSS Feeds| Terms of Services Navigation