So a couple of weeks ago, I filed complaints against all the PDLs I had with unlicensed/illegal lengers (I'm in Virginia).
Last week, I got an email from one of them, QLoot/VIP Cash, saying they considered my account PIF.
Today, I got a letter from their lawyer. It says:
"Dear starkllr2:
As counsel for VIP Cash/QLoot, I am responding to your Complaint No. XXXXX.
It is VIP's policy not to take any legal action to enforce repayment if its loans, relying, instead, upon the integrity of its borrower(s) for repayment. That said, VIP has written off your unpaid balance.
Also, VIP was not aware it was required to be licensed in Virginia, and has immeidately ceased making loans to Virginia residents. Coincidentally, VIP has recently retained D.C. counsel to process licensing applications in all states requiring licenses. Upon being formally licensed, VIP may, but will not necessarily, resume transacting business in Virginia."
Also, VIP was not aware it was required to be licensed in Virginia, and has immeidately ceased making loans to Virginia residents. Coincidentally, VIP has recently retained D.C. counsel to process licensing applications in all states requiring licenses. Upon being formally licensed, VIP may, but will not necessarily, resume transacting business in Virginia."
WOW! They actually put that in writing! I'm amazed! Great news, starkllr2!
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They actually put that in writing! I'm amazed! Great news, starkllr2! 
