Loan Point USA debiting money. Should I file a complaint with AG?

Unfortunately, you have to take this hassle and report Loan Point USA illegal business to your attorney general. Tell them that they are trying to deduct money from your account even after the loan is paid in full as per the Florida laws. They need to be investigated fast. Check with your bank if they are charging any NSF fees. You need to get it reverted.

Unfortunately the Florida AG told me, when I filed a complaint against Route 66 Funding that there was little that they could do because they are in a different State. They suggested I file in that state. They were based overseas and only had call centers in this country. I doubt any solution for Loan Point USA too.

Payday lenders like Loan Point USA have to abide by the state laws of the consumer they are lending too UNLESS you are in a state that has a loophole in the law such as PA

Frogpatch - From what I understand you are trying to get the physical location for loan point usa/geneva roth, right? So you can file your complaints?

I thought that was the question but now i'm not so sure . . . .

My AG will not pursue out of state internet PDLs I guess because it is too costly. They say to file in the state the company is located in. I am also filing with the OCC and the FTC. I am determined to get Loan Point USA for refusing to stop ACH withdrawals after my account got screwed up by my payroll company. I have there refusal in writing. I am really just trying to find an address for Loan Point USA. I did find out that they are operating under Utah banking laws. So I will start with Utahs AG.

You're better off filing in Kansas. Geneva Roth is located at 1923 FOXRIDGE Drive, Kanasas City, KS. The owner's name is Mark Curry, the same guy listed as the owner of LoanPointUSA. Even their Utah license says they make loans from the Kansas address. Geneva Roth charges twice the legal rate in Kansas assuming they were licensed and Kansas law says a lender forfeits the principal and has to pay two times the interest it collected in penalties when it violates the usury laws.

Hey Freaky,
I thought Loan Point USA/Geneva Roth Capital were in Shawnee Mission, KS or did they move??

Loan Point USA use multiple addresses. But when I searched the corporate records for LoanPoint and Geneva Roth the Foxridge Drive address and "Mark Curry, President" kept popping up.

Actually, I just copy of the AG complaint for CA that Langhorne Law just filed for me (thanks, Dennis W if you're reading this!! :lol: ) and he used Foxridge Drive, so I guess that is where Loan Point USA are.

Here are some other addresses Loan Point USA/Geneva Roth use:

6800 W 47TH TER, SHAWNEE KS 66203-1398
4412 W 150TH ST, LEAWOOD KS 66224-9546
6950 W 56TH ST, MISSION KS 66202-2590

The Mission address is the one on their Utah license. Point is there all in Kansas.

Anyone ever wonder why the Kansas bank commissioner is spending all that time and money to keep Quik Payday in Utah from making loans to Kansans but doesn't care at all that Kansas is home to 90% of these loansharks.

My last post just went into cyberspace for some reason.
I filed against them with the AG in Kansas, the AG in Florida, the FTC and the BBB in Kansas. The BBB had the listed at the Shawneee address. I will send a letter to Mr. Curry at the other addresses as well.
Loan Point USA have taken 360.00 against a 200.00 loan and like I said refused to stop when I told them to when I was overdrawn. I am going after them fotr the interest and all the overdraft charges. I am glad I live in Florida which is a non garnishment state. That will keep ther retaliation option to a minimum I hope.Thank you all for you help. I will let you know the progress as slow as it may be. Happy Mothers Day Leah, and all you Moms out there.

The Kansas AG is good. The y ask immediately for you to forward supporting documentation to them. I am semding them a bank statement that was printed from a "search by Debit amount" list that shows all there attempt up until the account was frozen and then the mailed notice that came afterward as they still continued. I am going to suggest in my letter to the Kansas AG that Loan Point USA consider filing criminal charges with the US Attorney if they see fit. Can't hurt.

I wonder if they could also do a search for all State AG claims across the country. I know that one has been filed in California for myself. I don't know if they have that capacity to file against Loan Point USA.

That would be a good idea. It surprises me that these outfits (Loan Point USA and Geneva Roth) can operate anyway they want and get away with it. I think it is the "cost to pursue" factor that keeps them going. Some of them weave such a tangled web by using multiple names and moving all the time. Geneva Roth says in their Loan Point USA web site that they operate under the laws of Utah but yet they are located in Kansas.

You do have a point. At some point, you have to weigh the cost of the actual debt versus the cost to pursue, as you've stated. But with the internet, I do know you can pay for a background check at a moderate cost that should give this information. Either that, or it's a long Google search.

I actually meant the cost for a law enforcment agency's legwork and lack of manpower to pursue accross state lines and even overseas. If GR has a call center in Kansas but actually is licensed in Utah all the AG can do is slap the wrist of the call center with a fine and possibly shut them down. GR will just open up somewhere else as they apparently have done in the past. Thats why we need federal laws enforced against these people.

loan point usa
po box 148
shawnee mission, KS 66201
1-800-351-8820

they initiated an unsolicited and unauthorized deposit and credit to my account in tulsa, OK, i called and they said they would e-mail me a copy of the agreement i supposedly signed. i never received it. i closed my checking account. this is all the info i was able to gather. hope it helps.

[font=Georgia][/font] :roll: what is the most upsetting is that they do not answer the phone ... or answer any emails // there is no one to communicate to when you try to just pay off the loan.. The info on your bank account is just simply Geneva Roth ... I have sent multiple e mails ,, tried to call, with mailboxes always full. Sounds like an avoidance tactic. Now what ??

I have an email address of
rhines(at)loanpointusa.com if anyone wants to try to email, I do want to tell you though that I have not had any luck with this approach, nobody responded.

i also have on i have paid then almost 300 on a 100 loan here is the guy that emails me .swiggins(at)genevakc.com
i have emailed them and told them to mark my act. PIF
and i keep getting a message to call them when i do i cant get threw.so i told to if they have ?? for me to send the via email or usps

christine.

I want to tell you there will be no money in my account for your payment my check goes in the bank today but does no clear til mon. I would appreciateyou wait til mon. For your money.
Frank dellavecchia

Personal info removed for your safety - Mike

Well they got my letter and all the documentation, the laws, the email copies etc. Their Mr Wiggins emailed me and told me to call some other guy to discuss this. I emailed back references to a legal case in Florida and said ther was nothing to discuss. You broke the law and I am letting you off easy by only asking for my over payment. I am considering filing a criminal complaint with the US attorney.
Next a lawyer calls my home a asks my wife to have me call him to settlee this little matter. I google the guy and he is part of a huge law firm called Brian Cave. His name is Randy and he got his degree in 2002 from Washington College and has won awards. They need him to staighten this out? Wow I must have reached someone this time. I called and left a messge for him. I just want my hundred bucks back. What is wrong wth these people?

Wow frogpatch, they pulled out the big guns for you! You should feel special!!! LOL
Kidding aside, I hope he gets this all taken care of and you get your $100 from them.

hi i am in pa and i paid them what pa cap is i told the m to mark my acct. pif .well then i got emails to call
i did got no answer.so i emailed them and told them to send me emails or usps. and now they are call my hubby at work. on a 100 loan i paid 160 on.and PA'S cap is 9.50 on every hundard .or os ther nothing i can do but to pay them again.

do they answer there phone lines i got 1800-351-8820

Yes, they do answer their phones the last time I called them. Their fax number is also (800) 351-8830.

I need to talk to you about my loan call me at 864-285-****

Hello!

What is the loophole in the state of PA in regard to payday loans and license? i have a loan with geneva and my attorney said they are not lic in the state of PA and operating illegally without a license - he told me they are not lic in teh state of PA and can't collect funds in my state or issue them? thoughts?

Good news about Geneva Roth....

They are getting a Cease and Desist letter from Oregon!

The Dept of Banking (they do the work and not AGs office here) called them up and reminded them they are not licensed and suddenly the remainder I owe them on the principal $210 is a good offer. I'm going to make them wait to get it though.... Until I have the money to pay them where it won't make me suffer financially

Guest - since they are not licensed you only owe what you borrowed..... If you have already paid them more than that, then they owe you!

[color=Red][/color][size=3][/size] so if they aren't licensed in Pa. and they give you a loan, then you really don't have to pay them back?????

They weren't allowed to lend you the money in the first place. But we aren't telling people to go borrow money and not pay it back. What they aren't allowed to do is make money off of lending money, because they are not licensed to do so.

So please pay them back the principal amount that you borrowed.

Wait a minute! From what I understand regarding pdl law in PA, if the pdl is licensed SOMEWHERE, PA recognizes the pdl and you have to abide by the pdl law of the state where the pdl is located. They do not have to be licensed in PA. They have to be licensed SOMEWHERE. And, if they are, you have to abide by the state they are licensed in. This is what I understand regarding PA law.

Cannr:

You are correct and Geneva Roth/loanpointusa is licensed in Utah, I know for sure. I don't know about any other states though.

Thank you, rach! I did not want this guest to get incorrect information regarding PA law. :D

I guess I should have checked on those details myself. I just wanted our guest to know that you can't NOT just pay them back (did I get that double negative right?) ....

poko, I understood that you were trying to make your point. I just wanted the guest to understand that PA has that "funky" loophole in their laws! :D

Yeah, but you are right, we don't want to mislead people here....

Of course we didn't want to mislead people into thinking that they just don't have to pay either.... And that was where I got stuck at, didn't think further than it.

I'm glad you were here to catch that for me!

I have used Geneva Roth/Loan Point and each time it has been exactly as the terms are written in the contract. They will deduct or attempt to deduct the amount agreed upon, it is your responsibility to have the funds available.

What if you lost your job and you no longer had the funds but they continued to hit your account every day despite your pleading until your account was overdrawn by an enormous amount of money and you had not received your first unemployment check. That is the kind of bloodsucking parasites they really are. It has happened to people here on this site. I did not lose my job but my direct deposit got interuppted by accident and I didn't know it. By the time I realized what had happened they had hit my account three times. I emailed them but they refused to stop. This caused my rent check to bounce, my car insurance to bounce etc. There lawyers settled with me for an undisclosed amount of money for various violations.You tell me where I was irresponsible. Judge as you wish to be judged. Because you will be

Go Frogpatch! You tell them.

I wasn't sure how exactly to respond to that, but you did a fine job... dandy even!

Plus let us not forget that they don't always deduct the amount agreed upon, some people get the fee taken out for over a year where they are not adding a paydown after the 4th rollover to bring down the balance!

Yes, and not to mention that fact they are ILLEGAL in most states.

I think 49 out of 50.

They need to have a license in YOUR state to lend.

hi everyone i am kind of counfused - i thought geneva roth was not licensed anywhere - its' julespooh from PA - i sent them my letter about not paying anymore to them as they are operating illegally - if they do in fact have a license in utah i want to pay what i owe - however my loan is for 300 and i have paid in fees and pd in full past loans $1150.00 do i still owe the 300 on top of that as they are licensed?

i followed the thread to this page and read about the lic in utah - i emailed them about a license registration and got no response - just that it's been sent to the correct department - what to do ? if they really do have a license i guess i will do a moneygram payment? but there is no way i am paying them if they are no licensed.

much thanks!

julespooh

Jules-you have this posted 3 times and on other threads and I already responded.

In PA, if the internet lender is licensed ANYWHERE in the United States, PA will allow the internet loan and the PA resident has to abide by the state in which the pdl is licensed.

HELP, how can i get these guys to quit taking money from my account? I have paid them 90 every two weeks for the last 5 months I can't seem to get them paid off any advice other than closing my account? Help in Idaho

guest, who is debiting your account? What name is it?

does anyone know if you dont have enough in your account does it say check recovere? just wondering if i am overpaying cause im not sure where this check recovere came from