Stop and desist letter

Looks good ,

and also should i send this to the bbb in their state or mine or both???

and the AG in their state or mine or both??

Um, why are you sending a cease and desist letter to the bbb and ag.They arent calling you are they?

lol, not that letter.

i sent a this letter....

After doing research on internet payday loan laws in the state of Washington D.C, I have found that your internet payday loans are actually illegal. I have also found the following laws to be true applying to payday loans in the state of Washington D.C in general:

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

I have contacted the Washington D.C Office of Financial Institutions and the Washington D.C State Attorney General????????s Office regarding your internet payday loans and was informed they are indeed illegal in Washington D.C and was advised to pay what is due according to principle amount only of the loan.

I am willing to pay the principle amount of the loan only, as advised by my Department of Financial Institutions and my state Attorney General's office.

I demand a physical address to mail payments to, as you are no longer authorized to debit my bank account. You must provide me with a physical address to mail my payments. I will not Money Gram or Western Union any payment. If no physical address is provided for me to mail payment to, no payment will be made.

I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my state Attorney General's Office.



I prohibit you or your affiliates to contact me via telephone at my place of employment or my home telephone number. I also prohibit you from calling my references listed on my loan. Once I inform you of this, you must stop the telephone contact immediately or you will be once again breaking the laws of the state of Washington D.C.

You are also hereby notified that I am revoking any voluntary wage assignment I may or may not have signed. I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes.

I am revoking your right to debit my checking account any longer. You, your company, or your affiliates are not authorized to debit my checking account at all. Please be aware that I have informed my financial institution of this situation and they will also be receiving a copy of this correspondence. Any further attempts at debiting my account will be rejected by my financial institution.

I must also inform you that I have filed complaints with the Better Business Bureau, the Federal Trade Commission, and my state Attorney General's Office.

I expect a response from your company no later than 11/06/2007, regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted.

Please respond by 11/06/2007, regarding this matter by US Postal mail or by email only.

Where did you get the info that Cash Supply can be fined if they keep calling you? You put that in your letter. I wuold like to include tht in my letters too if its true.

i saw it in another post

I will have to look for that thread. if the pay day lender is illegal, who will fine them? what law are they breaking? this is all good info.

i think the FTC can fine them or the BBB, not sure

i am new here as well guest, so you will have to do a lot of reading to get your answers, sorry :)

here is a sample cease and desist letter

budhibbs.com/ceaseletter.htm