Quick Bucks Direct is one of the payday loan companies in Florida?

someone will be along shortly to advise you on the laws of Florida but just by glancing through your list it looks as though you have paid more than enough back..someone will be along shortly to advise you further good luck

Thanks, I am eagerly awaiting some good advice. I don't know what to do about my bank account. I finally got my credit to the point where I could get a checking account and now I've gone and done this..... I don't want to make any more mistakes.

I, for one if it were me, I would close the checking account to put an end to the ach's...please read this thread before doing so so that you are knowledgable on this works: http://www.debtconsolidationcare.com/paydayloan/close-account.html. Are any of these store fronts? If so they are more than likely doing so legally and you will need to make arrangements on paying them back but looking again at your list I think you have paid more than enough...but like I stated before someone will be along shortly that knows alot more than I do. Good luck and keep us posted.

Thanks, These are all internet related, NO storefront transactions.

OK...let me list the info first:::


--------------------------------------------------------------------------------

Quote:
Florida State Information

Legal Status: Legal

Citation:
Fl. Stat. Ann. ???? 560.401 et seq.; Rule 69V-560.901-912

Loan Terms:
Maximum Loan Amount: $500
Loan Term: 7-31 days
Maximum Finance Rate and Fees: 10% + verification fee
Finance Charge for 14-day $100 loan: $15
apr for 14-day $100 loan: 390%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: One
Rollovers Permitted: None (cannot rollover)
Cooling-off Period: 24 hours
Repayment Plan: Yes

Collection Limits:
Collection Fees: All charges imposed on the lender by any financial institution; lender not entitled to treble damages
Criminal Action: Prohibited

Where to Complain, Get Information:
Regulator: Florida Office of Financial Regulation
Address: Division of Securities and Finance, 200 E. Gaines Street Tallahassee FL 32399
Phone: (850) 410-9805
Fax: (850) 410-9748
Regulatory Contact: ,


Emails to and from the DFI:


Hello,

Do internet based payday loan lenders with no physical location in FL need to be licensed by FL to lend legally to FL consumers? I am trying to help a friend with a huge mess. She has several internet payday loans, and they are saying that they only have to be licensed in their state, and that they can follow the laws of their state, not FL's laws. What is correct? Any information would be very much appreciated!

Thanks!

Reply:

She can file a complaint through our website at flofr.com and under 'helpful information' click on file a complaint. Then click on
finance related and you can download the form. Or click on money transmitters and call the 1-800 number. The Office will review her complaint when received. All lenders must be licensed by Florida, regardless of location, however, the current payday loan laws in place do not address internet businesses. The department is currently looking at other laws to apply to them.

She may also wish to contact Legal Aid in her area, to determine what recourse she may have.

If you have further questions, please contact this Office.

Office of Financial Regulation
Pam Henley
Financial Speci alist
(850) 410-9805

What does this mean?

Internet based companies must be licensed by FL.

No Rollovers are allowed.
_________________

OK....once you have digested the above information and read the notes on closing your bank account,.. You may be able to explain the situation to them and have them switch you to another account and block all debits...but this is unusual. Most of us had to close our accounts.

Looking at your loans they are all paid off and over paid according to your state law except Quick...where you still owe about $68.00.

You can find letters to send to each of them revoking their right to debit your account, stating your law and requesting a paid in full reciept. Any questions just ask!!

Thanks a lot, you don't (or you actually probably do) realize how much better I feel today than I did yesterday. This is literally killing me.

So if I have this straight, I should:

1. Send letters to the PDL companies revoking telephone contact, wage assignment and debiting my account.

2. Get account closed, or open new account. Making sure that the old account cannot be re-opned when the next batch of ACH hit.

3. Go have a heart to heart with my payroll director, giving her copies of all correspondence andmaking her aware of the laws for the State of Florida and to not assign wages to these PDL compaines.

Am I leaving anything out?

Thanks again, I can almost see a flicker of something at the end of this tunnel.

cue-Morningstar has posted some great info and glad to hear you are feeling a bit better.

All of us here have been through this or are at different stages in the process.

This site was a big part of me being able to get through it!

Glad you are here! :D

And to answer your questions..Yes to all three.

The only thing I would add....close your account first....if they know you are planning that ahead of time they will go in and drain it!!!!

Cue...you WILL be fine. Last June I had 10 internet loans and have managed to close them all out with the help of my family here...

Thanks a bunch. My bank is VERY good. I will be there when they open on Monday. I hope all goes well.

Come on back and let us know how it goes. I hope you can rest a bit easier and have a great weekend! :D

I'm just not looking forward to the harrasment from BIG and GFS :(

You know...they are the same company and they can be nasty...I was lucky I told them not to call me at work and they didn't. Make sure you file complaints with your states attorney's office...they were great in helping me close about half of mine. Good luck and let us know what you need....

I hear ya....many of us have dealt with those morons!

Many of us just laugh at them with their ridiculous threats and remedial emails.

Ok, here's an update. I went to the bank this morning. I had to wait until today as I had a car insurance debit I did not want to screw up. I knew that as of this morning everything would be clear and all legal/authorized debits would be finished.

I opened a new account. Transferred what little money was in the old account to the new account. All of my checks have been voided and my debit card as well. It will take 48 hours for my bank (which is actually an investment account) to generate a new checking account number as well as a debit card and checks.

I have been assured by 2 different employees that no ACH can re-open this account, and that nothing presented will incur an NSF fee or "re-open" the account.

All I can do now is hope they are telling me the truth.

I have filed complaints with the Florida Attorney General realting to each individual loan.

I have written C&D letters to each company pertaining to each individual loan. I used the one I found on this site as a template. I will mail these letters today. I did not want to mail these until I was positive that I had all my ducks in a row pertaining to my bank account.

Is there anything else I should do at this point?

Thanks again, this has been a very nerve wracking week anticipating what's going to happen next.

Sam

How did you file a complaint with the Attorney General's Office? Just curious.

On the NY attorney general web site there is a link for complaints. I assume all would be the same.

Yes. On the Florida Attorney General site there is a link to file complaints on fraud. I called and asked if this was the apporopriate place to file complaints on PDL and was told yes.

That's great. I just filed my first complaint with the Texas Attorney General's Office regarding Rapid Cash Management. We'll see what happens. I am about to file one on AIP, who I already filed a BBB complaint about last week. Just waiting to hear back on that one.

Here's a copy of the email I just received from the Florida AG. I am posting this in hopes it can help someone else as well.

The Florida Attorney General's Office is in receipt of your email
regarding your concerns with One Click Cash. Attorney General McCollum
asked that I respond.

This office uses complaints such as yours to develop information about
patterns of business activity which might indicate the need for formal
investigation or legal action by our office. We will keep your
correspondence for future reference. If we discover a pattern, what
originated as a private dispute between buyer and seller may become a
matter of broad public interest and thus warrant the Attorney General????????s
intervention under the state????????s consumer protection laws.

The Florida Department of Financial Services (DFS), Office of Financial
Institutions and Securities Regulation, is the agency assigned
responsibility for licensing, chartering, examining and regulating
financial institutions and financial service companies in Florida.

The contact information for DFS is:

Florida Department of Financial Services
200 East Gaines Street
Tallahassee, Florida 32399-0300
Telephone: (850) 413-3037
Toll-free within Florida: (800) 342-2762
Website: http://www.fldfs.com/ofr/

In addition, since One Click Cash is located in the State of Nevada, you
may wish to contact the Nevada Attorney General's Office for any
information and/or assistance that office may be able to provide. Contact
information follows:

100 North Carson Street
Carson City, Nevada 89701
Telephone: (775) 684-1100
Website: http://ag.state.nv.us/

You may also wish to contact the Internet Crime Complaint Center, a
combined effort of the National White Collar Crime Center and the FBI to
combat Internet fraud, by telephone at (800) 251-7581, or visit that
agency's website at:

http://www.ic3.gov

The following websites may be helpful to you:

http://www.ftc.gov/bcp/conline/pubs/credit/billed.htm

http://myfloridalegal.com
(follow the path at Consumer Protection/Protecting Yourself Against
Consumer Fraud)

Please consider contacting a private attorney for any legal advice you
need. An attorney can give you the legal advice which our office is
precluded by law from giving to private individuals. The Florida Bar
offers a Lawyer Referral Service which you may contact toll-free at (800)
342-8060.

Thank you for contacting Attorney General McCollum's Office. I hope this
proves helpful.

Janna Barineau
Office of Citizen Services

Ok, so today was the moment of truth. Its 2:30 and nothing has come out of my new account/same bank.

I did have to call the bank today as I had not received a new ATM card yet. I had to answer some security questions...... I wonder if they were ever going to tell me that! So another week without ATM.

I mailed a ton of letters today.

C and D to all companies.

Complaints to Florida Department of Finance.

I also spent all morning filing complaints with the BBB.

I sent a letter to my head of HR at working stating she is not to speak with any of these people, that these loans were illegal in the State of Florida and under no circumstances is wage assignment the same as a judgment. She was very understanding.

I haven't seen a whole paycheck since last June. It felt great today to regain control over that!!! I can pay my rent and not have a sinking pit in my stomach feeling.

Again, I really REALLY thank you for your help so far. It has made a seemingly hopeless situation somewhat more pleasant.

The hell hasn't started yet but at least I'm not hemoraging $1600.00 a month.

AWESOME! :D Great job! You've been doing a lot of work! It's going to pay off though, I promise you that. You are doing great! And, oh, to have a whole paycheck again. It's the most wonderful feeling in the world. You don't know how happy I am to read that. I'll never forget my first full paycheck again after the whole pdl nightmare. I cried and cried! Again, congratulations to you! Sleep well knowing you can pay your bills. Your new ATM card should come soon and you'll be "normal" again. I'm just so happy for you!

WEEELLLLLL, the emails just started. I guess they've figured out they're not getting anymore of my money.

I have been checking my bank account online about every 3 minutes. I have been so nervous they would force the old account back open. It appears my Bank is keeping its word as the emails I go today from the PDL state the payments were returned due to a CLOSED ACCOUNT. Thank again everybody as I was prepared with me response emails and sent them out immediately after I received them from the PDL. I guess the phone calls start next?

Cue, yes the phone calls are next, but you are doing a great job and will get through that too. I would advise you not to talk to them if at all possible. I would let them go to voice mail or take messages for myself. I would note the date, time, who called and what was said and then I would fire back an e-mail with the information and a copy of the letter stating to contact me in writing only. We are here if you need any help dealing with them when they call. You are doing great.

good luck with one click cash..they are now refusing to talk to BBB--they are standing strong but I have contacted the attorney general IN NV and NC...we will see what happens...good luck though (oh they owe MEEEE over $500)

Oh, I'm ALMOST looking forward to the first call. That person is going to get screamed at like they never knew what hit him. I also have a whistle and an airhorn if they get nasty! :)

cue, well, at least you're in the "email stage". Just keep on emailing that letter as a response to them. With luck, many of them will abide by your request to only communicate via email (we can hope anyway!). And, honestly, you don't want to take their calls if at all possible. You have no documentation of telephone calls. Try to get everything in writing.

Thanks cannr, I'm reading your old thread right now about how some compant hiy your "new" account. That's scary! I opened a new account at the same bank and am scared they're going to pull a fast one. In the emails I sent, I put "DO NOT CALL ME" in the biggest letter my email would allow :)

cue, yeah, that SUCKED! But it's rare. Honestly, it is. Geneva Roth is pretty good at hunting down new accounts; however, mine wasn't by Geneva Roth! So who knows! It freaked me out though! But it is rare. I was just one of the "lucky" ones! :lol: I pray to goodness that your pdls abide by the "communicate via email only" request. Can't say as they will though. Man, my cell phone should have caught on fire with all the calls that would come in during the day from my pdls!

the phone calls at work started. I got 2 calls from "Johnathan" at GFSIL. I transfered the call straight to voicemail, he was actually understandable and said they received my email complaint and want to work something out. HA! I overpaid then by more than $400.00 on a $200.00 loan. I emailed them back in 42 point font to not call me, period. I then re-emailed my initial complaint. Lets hope it helps... even a little.

Awesome, cue! :D I don't know if they'll stop calling, but you can't say you're not trying to get your point across! :lol: Great job with handling them! Let's hope they lay off (probably won't). But you'll have your documentation of repeated attempts at contacting these illegal idiots. Yes, they will continue to break the law; however, you are doing what you should be doing. Keep it up!

I got home from work today and had a surprise waiting for me. 14 letters from my bank stating how sorry they were that they could not honor the ACH that were put through last Friday!!!! Thank GOD my bank is strict, once an account is closed that's it. NOTHING can re-open it. I do feel bad that they are wasting $.33 every time they mail me one of these. I am going to have to buy a file cabinet just to hold all of these, especially if this goes on for moths. B@stards! I had 7 loans out and they tried 14 times.

Here's quote I REALLY like from the letters:
"Unfortunately electronic pre-authorized debits on this account can no longer be accepted." Sooooo unfortunate! I want to call them and tell them how much I love them for this unfortunate circumstance!!!

CUE...That is so awsome. It is rare we hear that the bank did what they were supposed to do. Good going. You are making some great progress. I loved the e-mail response in the 42 point font...Wonder if they understood that....Great Job.

AWESOME job by your bank! I'm so glad to read your post, cue! Yeah, you probably will have to buy a file cabinet! LOL! You're going to have so much friggin paper, it's unreal! Great going with the bank! Doing a happy dance for you here!

I just discovered that there are three (3) thieves trying to withdraw money from my bank account. They are: SSM Group LLC, QuickBucksDirect and Sagamore Bb Pro. Each one is trying to get $60 at a time twice each month. I brought a letter into the bank today instructing a permanent freeze on the account to block these three from withdrawing money. The letter identified their activity as illegal and unauthorized. I am now preparing all of the information I need to send with the complaint to the Attorney General for the State of Delaware. I wil then followup with a complaint with the BBB.

I have found this site to be quite helpful to me. The information also re-inforces the process that I've begun. Thanks for sharing this very helpful information.

I am glad you caught this intime. Make sure you monitor your account daily. Best of Luck!! :wink: