National Payday

This is one of those pain in the butt payday lenders that purposely make things as convoluted as possible so they can try to get around laws that regulate pdls. This is the notice posted for National Payday:
"This service does not constitute an offer or solicitation for short-term loans in all states. This service may or may not be available in your particular state. The states this site services may change from time to time without notice. All aspects and transactions on this site will be deemed to have taken place in our office in Costa Rica, regardless of where you may be viewing or accessing this site. Borrower is responsible for complying with any local statutory obligations that may exist in their state or area with respect to any transactions with Nationalpayday.com"
The contradict themselves in their own 1 paragraph statement. They say that all transactions will be deemed to have taken place in their Costa Rica office, but before that they say that "this service may not be available in all US states" (talking about the actual loan service).

Then they say that the borrower is responsible for complying with the laws set forth by their own state- but the law in this sense is a two-prong object: for you to comply with your states laws in regard to your transaction with National Payday, they must abide by your state's laws as well. National Payday is not licensed to lend in AZ, and they even say that the service is not available in all states, yet they lent money to you anyway.

Their website only has an online contact option, but the BBB lists their US address:

National Payday
2274 South 1300 East, #G8-297
Salt Lake City, UT 84106
Telephone: (877) 807-4827
Fax: (866) 457-2558


They also have an unsatisfactory record with the BBB.

Thanks guys

Your welcome! Don't let them scare you! :-)

I wont I'm pissed after I sent them the letter I got telling them I revoked their right ti debit my account they took $300.00 dollars out. My credit union is going to give it back and it will help the AZ AG office

Good for you! I'm sorry that happened to you, but that unfortunately is the kind of thing the AGs office typically needs to actually prove that they broke the law. Keep us posted!

This happened to me several months ago with a different lender who was out of Costa Rica. I closed my checking account so they couldn't debit anymore money from me when I signed up with T & C. They said the same thing on their website about laws in your state. When I got called from the collector, they said this was false. This call upset me because he was a real jerk and it was my first call during the pdl process. I filed a complaint with them with my AG's office after several attempts for them to clear my debt. Everything was finally settled through the AG's office though. I thought that was good and couldn't come back on me in the future. I found they had different collectors working from their homes in the US and had a payment address in the US. It was a nightmare but they wrote off my balance. Now they solicit me for new loans, fat chance.!

I know I keep getting text mess from payday loan people!!!

So I got a email from Melissa the operation Manager and this was her response:

Quote: