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Are Ameriloan and Payday Yes Legal in California

Date: Tue, 09/18/2007 - 07:59

Submitted by edhue1000
on Tue, 09/18/2007 - 07:59

Posts: 22 Credits: [Donate]

Total Replies: 8


Hey everyone, I'm new on this forum and I need some help. Are ameriloan and Payday Yes legal in California? I have a loan with both. I had a interest payment with Payday Yes returned and was able to work out a payment plan with them for only the principle. They were actually pretty easy to deal with. Did they work out a payment plan with me for just the amount borrowed because they are illegal in California? I'm just asking because my payment for Ameriloan is going to be returned and I want to know what my rights are. Thank you, Ed.


Call the Dept of Financial Institutions of your state and verify the license of these two companies. I know that CA has banned some companies from lending in the state. If they are not licensed, you are required to pay the principal amount only. Ameriloan is discussed in most of the forum topics. Do a search and you will learn more about their business.


lrhall41

Submitted by fatb88 on Tue, 09/18/2007 - 11:40

( Posts: 218 | Credits: )


ameriloan is not legal in CA. Ameriloan was issued a Cease & Restrain Order by the Department of Corporations in CA in August, 2006. When I mentioned this to Ameriloan and asked them to mark my account PIF, they did. Please also file a complaint with the Department of Corporations...they are still currently working on legal action with this company.


lrhall41

Submitted by tali1956 on Tue, 09/18/2007 - 12:09

( Posts: 131 | Credits: )


stanner, you are correct. ameriloan is unlicensed/illegal. They are not licensed anywhere in the United States. Don't you love it?


lrhall41

Submitted by cannr on Wed, 09/19/2007 - 12:37

( Posts: 9317 | Credits: )


Ed, how much have you paid to ameriloan so far? If it were me I would just pay back what I owe on the principal and nothing else since they are not licensed at all. If you have paid the principal amount already and still owe I wouldn't send them another dime, but that's just what I would do. I sent them a letter telling them that I have already paid what I borrowed from them and then some and I would not be sending anymore money, also I put in there that they are not licensed with anyone anywhere... just let us know where you're at.


lrhall41

Submitted by stanner_72513 on Wed, 09/19/2007 - 13:11

( Posts: 27 | Credits: )


HELLO to all whom have suffered the AMERILOAN complications of fear, overpaid amounts, threats and the unknown. I am a REAL LIFE NEWSPAPER Correspondent of community awareness.
But I too have taken a while ago an online loan with the hedge hitter, AMERILOAN. And have faced much of what is expressed in the over 100 web portals and blog boards I have researched in bringing this news to your fingertips.

AMERILOAN is owned by MNE SERVICES, INC.,
[COLOR=black]MNE Services, Inc., doing business as AmeriLoan??, is a tribal lending entity wholly owned by the Miami Tribe of Oklahoma, [/COLOR]
a Sovereign Nation recognized by the United States government under the Oklahoma Indian Welfare Act of 1936. fOUND ON AMERI LOAN WEB SITE AT THE VERY BOTTOM

[COLOR=black]And MNE Services, Inc., is owned by [/COLOR]

[COLOR=black][FONT=Verdana][URL="http://www.miamination.com/"]Miami Tribe of Oklahoma[/URL]
202 South Eight Tribes Trail
[SIZE=3]P.O. Box 1326[/SIZE]
[SIZE=3]Miami[/SIZE]
[SIZE=3]OK 74355-1326[/SIZE]
[SIZE=3](918) 542-1445/540-2890[/SIZE]
[SIZE=3]Fax: 542-7260 [/SIZE]

And in the states of Oklahoma, California and Maryland there are no business licenses in any of these 3 businesses indicating them the legal right and authority under financial institutions to operate and provide servcies to consumers. Therefore, their acts are illegal and any person suffering complications may be afforded some remedy according to the legalities of your jurisdiction. It is the request of REAL LIFE NEWS for you to confer with a CONSUMER PROTECTION ATTORNEY OF YOUR STATE, and contact the STATE'S ATTORNEY OF YOUR JURISDICTION to put forth a complaint and determine if anything what you may be responsible for.

Please refer to deletes for the full story line and look to
deleted to gain your newspaper. You can get it in email or by post maill. It comes with Monthly free ads and a coupon card you can use online and in stores from all states. It works I use one myself, my kids would never get icecream if I didnot have one; yesterday they got free icecream with the card at Carvel....that's saving! I got my outfit I am wearing today, at 50% off from Fashion Bug, and it's a summer outfit; originally $75.00; for all 3 pieces (shirt, pants and shoes) I paid only $37.50 for all! You can't beat it. The card saves you more than the cost of the paper. Besides 25% of the cost of the paper goes to a fund for those that fall through the cracks of today's society; you never know when it may be you; and Real Life News is owned by a church and the proceeds benefit functions and servcies held by the church; such as youth group, field trips and much more. Do your part and turn your hurting into a dream come true; follow God's plan and turn your heart light on join Real LIfe News today and get your card, place your free ads and enjoy knowing your giving back to a needy community that life is being lifted up.

WE thank you for your time and allowing us to comment and the pain we are all dealing with is unethical. Ok, perhaps some made loans, but it appears even from RLN expereince, they just want to rake in the money and if they think they can trick you; they are going to be that devil and devour all you have, stop the maddness and turn towards the light and do the right thing....purchase a consumer subscription at deleted today. It's a win, win, win, situation. Have a great weekend and put your headaches to a rest. RLN looks forward in hearing from you,
redeleted for all of your commnets regarding this article and more.

no soliciting per the TOS...pm
[/FONT][/COLOR]


lrhall41

Submitted by on Fri, 06/08/2012 - 09:27

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