Here is my letter to the PDLs - please review and comment
Date: Tue, 11/21/2006 - 11:13
Hello again everyone:
I have prepared my letter for the pdl companies. I need to fax, email and send this letter to the PDL companies today. Would you kindly review and comment on this initial letter.
Quote:
Will this work or is it too much or not enough? Thank you so very much.
I have prepared my letter for the pdl companies. I need to fax, email and send this letter to the PDL companies today. Would you kindly review and comment on this initial letter.
Quote:
To Whom It May Concern: I am writing to you today, November 17, 2006 in regards to my (dollar amount) internet payday loan received from (company). Do to uncontrollable circumstances, I have closed my bank account and have no intentions of opening a new one. It came to my attention on Friday, November 17th that your company is in violation of Oklahoma laws: Citation: Okla. Stat. Ann. tit. 59 § 3101 et seq. Loan Terms: Maximum Finance Rate and Fees: $15 per $100: $0- $300; $10 per $100: $301-$500 Finance Charge for 14-day $100 loan: $15 Criminal Action: Prohibited Where to Complain, Get Information: Regulator: Oklahoma Department of Consumer Credit Address: 4545 North Lincoln Boulevard, Suite 104 Oklahoma City, OK 73105 Phone: (405) 521-3653 Fax: (405) 521-6740 Regulatory Contact: Jack Stone, Deputy Administrator The (company) contract that I signed is only governed by the law of the state in which your company resides is uncorroborated. There is a specific Federal case law that contests this statement. (PDL company name) solicited, accepted and transacted business with a citizen of the State of Oklahoma, thus you are subject to the laws of this state, which are noted above and available via the internet. (PDL company) has exceeded these laws by debiting my account ($ insert dollar amount) per pay period. According to the laws noted above, you are not abiding by the laws set forth by the state of Oklahoma. I have paid you a total of ($XXX.XX on a ($XXX.X) loan. Thus, I will forward two payments to (PDL Company) for ($insert dollar amount) on January 5th and January 20th, 2007. At the time my final payment is made to my account on January 20, 2007 – my account with (PDL Company) will need to be noted as ‘paid in full’. At no time will (PDL company), any representative of (PDL company), parent company, subsidiary, or affiliate of (PDL company), place any derogatory mark on my credit report with any credit bureau, nor any other check writing database, such as Teletrack or an equivalent database. If (PDL company) does not abide to the settlement conditions stated above, I will have no choice but to file a civil suit against (PDL company) stating that (PDL Company) has been illegally conducting business with a citizen of Oklahoma. I will also formally complain to, and request that the Attorney General of Oklahoma, (your state’s Attorney General’s name), file criminal charges against (PDL company) for its illegal lending practices to a consumers within the State of Oklahoma. All correspondence as of today November 17, 2006, shall be in written form either through the email address, XXXXX(at)XXXX.net, which I provided to you at the time of the application, or by writing to (your contact information) via the United States Postal Service. Additionally, I have advised my place of business regarding my personal finance issues and they, (your employer), has advised me to inform (PDL Company) that all phone calls are recorded and under no circumstances am I to receive personal phone calls at my place of business. Therefore, my employer has advised me that if I receive harassing and/or continuous calls from (PDL company) they will turn the matter over to the local and state authorities. In addition, I have notified my references of your potential phone calls and provided them with the Oklahoma Attorney Generals mailing and website address. Should (PDL Company) contact my references they will immediately submit a claim to the Oklahoma Attorney General. Additionally, I have provided them with the Fair Debt Collection Practices Act (fdcpa) mailing and website address. If you should contact them, they will be forced to file a complaint with the FDCPA against (PDL Company). Please acknowledge receipt of this letter, and acknowledge acceptance of and willingness to adhere to the settlement described above, in writing via email and/or USPS. Thank you for your willingness to work with me and adhere to my firm requirements as noted above. Sincerely, Your Name Cc: Your Bank Your Attorney General Reference 1 Reference 2 Your Employer |
Will this work or is it too much or not enough? Thank you so very much.
I think it is very well written. i would include something abou
I think it is very well written. i would include something about needing their acceptance to these terms in writing before you will send any money.
Ok. I will add that to the prior to the money being sent on 1/5
Ok. I will add that to the prior to the money being sent on 1/5 and 1/20 - I will need acceptance in writing to these terms. Then am I good to go? Is it ok to fax, email and them send it via certified mail?Thanks for your reply.
Nice letter! Use all the available means that confirms your l
Nice letter!
Use all the available means that confirms your letter received by the company. I will highly prefer certified mail because you have their signature in the green copy. A fax or an email is often not picked or read by the right person.
Thank you both, I think I am ready to rock n roll. When should
Thank you both, I think I am ready to rock n roll. When should I expect the phone calls and harrassment to start - payments were denied yesterday.
My PDLs are with GFSIL,Magnum Finance, Little Loan Shoppe, Onest
My PDLs are with GFSIL,Magnum Finance, Little Loan Shoppe, Onestepcash, cashnet500, national money store, arrowhead, cashusa, tremont financial. Sorry for the user name, for some reason I can not login under rmalcolm.