Pif letter!!!!!!!!111

How much did you owe and pay with them? I'm having problems with them also. They aren't licensed here and are being really rude, saying I'll be arrested and stuff. How did you get them to mark you PIF?

One more payday loan success story. Congrats!!

My initial loan was for $250.00. PDL are illegal in my state and I wasn't aware of that until I contacted the NC AG office. I was told that I was only liable to pay back the principal, b/c it was a legal loan in the 1st place. I called 1-800-654-744, ext.851 and spoke with Mr. Krieger. He said that my balance was $570.00, and that if I would stick with my payment arrangements, he would knock of $270.00 and just let me pay the amount of the loan. I paid 2 pmts of $100 and one of $50. The last one was on 10/27/06, and I just called back last night about my PIF letter. I just received it from the collections manager Mr. Riley. If you try to work out arrangements with them and stick to them, they will work with you. How much was your loan for?? Are you paying on it now??

My loan was for $350, and I've paid $315. I've tried to set up payment arrangements but I've been getting people that are so rude that it's been impossible. They've threatened everything they can think of! I've already forwarded a copy of my contract with them to my AG's office and they are looking into it. I was told by them that since they are not licensed in oregon that the loan is considered illegal. Even though payday loans are legal in oregon you must be licensed. I made them an offer to pay back the amount left on my principle, $35, but have not heard back yet. They are telling me I owe another $590.

Sorry, in my other post, I said I only paid the principal b/c it was a legal loan, I meant b/c it was an Illegal loan.

I figured that was what you meant. I have no problem paying them back the $35 left on the prinicple, but they are being so mean and nasty that without having something in writing that upon reciept of my $35 my loan is considered paid in full I'm not sending anything.

goudah, you have strong reasons because the company is doing illegal business in your state. I will recommend that you send the money you owe, then fight with the company in getting a letter. Keep the receipt of your payments done so that you have proof of the principal been paid and there is no balance after knowing your state laws.

One more thought, even if the company is not licensed, did you check if pdls are legal in your state? You may have to pay the charges put by your state and keep yourself in fair side.

Yes, they are legal here, and there is no cap on interest or finance fees. But in talking to the AG's office and the banking regulators, they both told me that since they are unlicensed companies that the contract I have is null and void. They cannot come after me for anything without getting themselves into more trouble. I will pay the $35, I have no problem with doing the right thing. I'd be totally screwed if they'd just taken the time to get the proper license . . . . .

I paid them and then the gentleman said it would take about 2 weeks for me to get my letter. Last night was about 3 weeks and I still had nothing. I called them earlier today and one of the collections mgr. emailed it to me as soon as I hung up the phone with him. I think that if you pay the other $35.00, and that is all your state requires you to pay, then you will be finished and will get your letter..

But I want something in writing saying that will be the end before I send my money to them. They lie to me every other sentance so I have a feeling that if they agree and I send the money they will just come after me for more.

I totally understand what you are saying..I was kinda weary about it myself. That is why I waited that long to see if they were going to do it alone. But as you see I had to "remind" them.

I've already filed complaints about them, and since they are now being investigated for lending without a license maybe I'll have more leverage with them. They haven't called me for a few days, but they keep sending me emails telling me my checking account won't work (duh). The emails are coming from USACashExpress, another one of their names.

I know you are cautious because of the bad experiences in the past. I recommend that you make the payment first. Then use the payment receipt as your legal defense. At this point, since you have not paid the complete amount, they will try to put things against you. Are you getting what I am trying to say?

I get it, but they have no legal recorse against me at this point. They do not have a legal contract. I've been told by both the AG's office and the oregon banking authority that nothing can be done by this company legally against me.

If you can't get something settled with them, I would suggest paying what they say you owe. If they are legal in your state, but have stipulations, then I would be sure to continue to persue them.

They say I owe them another $590. I'm not going to pay them that much. The $35 I owe on principle is the most I'm going to pay them, and I will send it as soon as they agree to the terms. Until I get agreement I dont' see any point in sending in money. I've been copying my AG's office on all correspondance, so if by chance they try something I have solid proof that I've done my part and they are the ones not cooperating. My AG's office even told me I don't have to pay the $35, but I will because it's the correct thing to do, and me ripping them off just gives them more reason to be mean and nasty to others.

You have a point. I fully agree with you. I am thinking two steps ahead. Don't leave any loophole

But if they can't legally pursure this than what would happen? I thought I was thinking ahead, too . . . Am I leaving any loopholes? I'm following my AG's office advice . . . But I don't want to mess anything up either.

Natdust, I'm so happy for you - congratulations! Goudah, I also think it's safe to send your payment because you will have proof of your payment and will be able to use that if you have any trouble. Good luck.

Thanks, dbaker6. After about 3 months of fooling with them, I finally found out that pdl are illegal here. That's when I took the upper hand and started acting like I knew the laws like the back of my hand, and was spitting them out everytime someone called me from there.

That's what you have to do with these companies - be aggressive, act like you know your laws inside and out, and basically just stand your ground. When they see you're not going to back down, they eventually give in. Great job!

Thanks again..

you're so welcome!