greenlightfunds

Is this a pdl? If so, then they are most likely not legal.

yes, they are an internet pdl

Do you have a loan with them? If so, what state are you in?

yes, I have a loan with them. I live in tn

Here are the Payday loan laws for Tennessee (just select your state),

http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

Is the only pdl that you have, or are there others?

no, there are others,go to "I need Help!!!!"

Can you list the companies you have loans with, how much you owe, if they are store front or internet. If you can give us this information someone on the forum can help.

I have gotten assistance from everyone on the thread "I need help!!!!", and I am working on my pdls now. I noticed from looking at different topics, I noticed that no one ever mentions GreenLightFunds.

We're glad you got help from your other thread...we are all here to help so if you kept it all on one thread, that would be great!

Thanks!!

:)

I am so sorry :oops: I will remember that next time. I just thought I will get a faster answer if I started a new thread.

No prob at all!! Really..we are glad you are here! Keep the questions coming.

I now believe i am the only one who got a pdlthrough greenlight funding. I don't know what to do do find out if they are legal or not :?

Hi granny. If it is an internet pdl then I'm quite sure that they are illegal. Most of them are. I will do some searching and be back with some info. shortly.

Hi Granny. Greenlight funding is licensed in the state of Delaware, according to the info that I found. This does not mean that it is licensed in your state, and I seriously doubt that it is. There is a sample contract online and the wording ".....licensed and bonded in the state of Delaware....(blah, blah, blah)...can't remember the exact words. :-) Basically it said that regardless of your physical location they will just act as though you signed it in their office in Delaware and that it will apply to you regardless of where you live. BUT, that is kind of standard in these illegal loan contracts, I think.

so, since i live in tn and it is licensed in delaware, is it legal in tn? if so, will i have to abide by the laws of delaware? right now, my loan is in default, so what action will they take? (my bank account is closed) :?

According to the information GOudah found in Tennessee they are legal as long as they are licensed in a state. Here is what she posted exactly.

I know you said you had another thread going on this board with more info, but just to help here, is your checking account now closed?

Good post pyb...which leads us to:

You will find the Payday loan laws for Delaware here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

I went to the bank to close my account and what they did was open a new account with a new micro number and if any debits try to post they have a note on both account to notify me. (its a small bank)

and as far as greenlight funds, i did not sign a contract because they sent it to me in the mail, but i never sent it back. so, even though i did receive the money, and i did not sign a contract what are my legal rights:?

You didnt sign anything online?...type in your name into a "box"? That is e-sign.

nothing!

I Googled the Greenlight Funding Group Agreement...the agreement is long, but at the BOTTOM of the page, it says this. Also, you agreed to a Wage Assignment...were you aware of that? Have you sent these people a letter revoking the wage assignment? If not, you need to do that ASAP.

I don't want to stir the pot here...but if your state law says they are legal as long as they are licensed in another state...then you have to follow the law. Now you can request they stop ach debits and you can revoke wage assignments but you will have to make payments arrangements with them and pay them off. I would tell them (especially since they are out of the country) that you can not send the full amount all at once. I also would send money orders in leu of anything else.

HI there Morning....not sure how you are stirring the pot....? Nobody has advised her not to pay, but actually helping her with info about how she DOES need to pay such as me listing some of the t&c of her agreement. The comapany is located in DE by the way.
No pot stirring IMHO..

LOL..I might not have been totally awake yet!! Sorry...I just feel a little bad when it's a store front or a legal ipdl...there is so little we can do to help since it's still hard to make payment arrangements with some of them..that's really what I meant....:(

No worries mon! I hear you loud and clear...she is pretty much stuck with almost no leverage and the agreement document with Greenlight...yikes, its a doozy! :(

they cannot place a wage assignment because i am unemployed!

I am retyping this because when i recheck my threads i don't see it, but they cannot place a wage assignment because i am unemployed.

I am posting this again because i never see it when i recheck my threads. So if it is a repeat I'm sorry,
but as i was saying, they cannot place a wage assignment because i am not working

Then I guess no worries with the wage assignment if no employer!

my messages are not posting :?

I see them! :)

I don't see my last 3 messages

They are on the previous page. We see them.

anyway, they cannot place a wage assignment because i am not working!

No need to worry about that then.

should i call them?

and should i call payday ok, because i just received a letter from them

To tell them..?? I wouldnt. not much to tell them I would imagine. If you call they are going to probably be not so nice.

well i rather not call, because i don't want no one to be mean to me right now. i am already in the dumps because i do have a job and other important bills are due and i cannot pay them. BIG calls me, but i tell them that i am not home. i know it's them because they always sound foreign and a lot of people are talking the background. the next time they call i am going to tell them that i died yesterday (cause of death stress) and if they want to get in touch with me to call on the heavenly father. I wonder if they will call back for his address?

Granny, you will be better off if you just calm down, and dont call anyone, You are causing yourself un needed stress

Granny, take Kashs advice..take a deep breath. No need to call them....have you sent any of them a letter telling them not to call you anymore?

oh, i am calm right now. :P

not yet, is it going to do any good? do they know how to READ english?

They can read english... :) Most of the call centers are sourced out overseas but then again, some of these companies are also overseas.

You should do that...have it in writing for them not to call you.

okay, i will do that today. It may not be nice, because i am trying to stop smoking also. I am on my last cigarette. and i am no buying anymore (no money) so this is going to be the content of the letters :twisted:

Okay....you gotta do what you gotta do!! Check back in and let us know if we can help! :)

who is shawn wiggings from geneva roth. I just received an email from him? should i report him as spam or should i email him back. no, i know what i am going to do. nothing. (My God,no nicotine is affecting my brain and an am answering myself!)

started back smoking. got a call from some stuffy-nose woman and told her that i was not home. big called me and i told them that i was not home. paydayok sent me a letter and put it in my bills-that-i-can't-pay-until-i-get-a-job file. I received a reply from chex systems about what's on my file and good lord, so many pay-day loans inquired about me. I know one thing i am not going to try to open an account at another bank because i feeel like the pdl can find me. what do you think?

Hi Granny. Sorry to hear you started smoking again. Smoking is a tough habit to break...I know because I've tried to break it (unsuccessfully thusfar) myself! I think you should do what you feel comfortable with as far as the bank situation is concerned. Maybe opening a new account now wouldn't be the best idea. But, I would also not worry about the pdls at this time, as it seems you have more important things on your plate. Things will work out. Just give it some time. Have you started to look for a new job yet? If so then I wish you the best of luck. I know something will come along for you soon. :-) You can only do what you can do and these pdls can wait!

thank you so much for the words of encouragement! I love you all so much!!!! :D