edollarsdirect

Reply back to them and ask "WHAT TERMS SPECIFICALLY"!!
Please reply!!!

i would file AG complaints,also FTC complaints.
i would reply with your state laws plus the fact they are illegal in ohio.they will try to argue your state laws don't matter,but they are the ones you go by.you could say the contract isn't worth the paper it's printed on.

And I bet you they will come back with they follow the laws of their state not yours. Ok so that is what I am guessing they will say because that is what they seem to always say.

I am going to try what you said. If I were to respond to them with out any suggestions from here I am afraid I would not have been to nice and might have gotten myself into trouble. I am tired and cranky today!!

Mandy..they won't even respond to my emails. I would say you DID NOT disclose to me that you are illegal, that you are not licensed in my state or YOUR state (they are supposed to be in NV), there are no legal loan terms to read...send me my refund and pif letter. Failure to disclose required information voids most every contract I've read...most, if not all legal contracts, have a clause that states this.

mandywebb. . do you know who processes for them? Or their originator?

I posted this to ACH processors thread:

"I found out the bank for MW Marketing aka EDollarsDirect is Monterey Bank, Monterey CA...phone # is 831-649-4600. My bank says it was a bank to bank transaction...no ach processor involved. Does this sound right?"

Mandy..who was debiting your bank acct..MW Marketing or EDollarsDirect?

Yes it does sound right. That is how it works with Star Advance. I couldn't find a processor for them either but I did have their bank. I contacted their legal department and after much searching located an email address in Costa Rica and got through to them. I got a really nice letter from the administrator and my account was closed/PIF. Call the bank and let them know that you have revoked the ACH authorization.

skymerle...Edollarsdirect was debting my account until the full amount of the principle was taken out then it switched to MW_Marketing. I am not sure why it had changed as I had signed for edollarsdirect not MW Marketing.

May I ask why you called their (the bank's) legal dept instead of speaking with this ach manager? Would the legal dept not give you the email address you needed?

hmmmmmm...I'll have to go back & check my bank statements.

I wonder if switching names is legal....did they notify you they were changing the name of the co debiting your account?

They did not notify of the change in the name. I have not contacted the banks legal department. I am a little confused when you say email address that I needed. What did you mean by that?

I just checked my email and I just got an email from ezloansbynet that was similiar to the one from edollarsdirect. They also owe me for overpaying. I simply stated what you had said above. We will see what they say.

Oh and I asked them to provide their physical address and federal id if they are indeed a legal company.

'I am a little confused when you say email address that I needed. What did you mean by that?'

Sorry Mandy..that was directed to llw. I didn't mean to be confusing

Got a response from edollars.....

From: Nikki
Subject:
To:
Date: Tuesday, May 13, 2008, 11:46 AM



When you agreed to the terms by signing a legal E-signature with the laws of the isle and providence of Nevis West Indies via the Internet your states laws do not pertain to the contract you had approved. You can find this information on your contract about 2/3 down the page under the governing law. For any further questions to this loan you will need to contact I-collect at 1-866-856-1024 I cannot speak to you in regards to this matter because it has been turned over to a 3rd party collections.



Nikki

Customer Service Representative

1-866-722-2770 ext 129

Fax#1-888-396-5597


How should I respond? Isn't there a law that goes by where the loan was debited into and not where it orginated from.

All I have from them is this....


ACCOUNT NUMBER: ####
Customer Service Phone Number:1-866-396-5594


Account Summary




PAY OFF AMOUNT
SCHEDULED REFINANCE PAYMENT AMOUNT



PAY OFF DUE DATE

PAY OFF AMOUNT DUE


8/24/07

$325.00



REFINANCE DUE DATE

REFINANCE AMOUNT DUE




8/24/07

$75.00








Current Amount Due:
$75.00




Next Scheduled Payment










NEXT SCHEDULED DUE DATE NEXT SCHEDULED PAYMENT AMOUNT

8/24/07
$75.00




???? Refinance. Your loan will be refinanced on every due date unless you notify us of your desire to pay in full or to

pay down your principle amount borrowed. You will accrue a new fee of $75.00 every time your

loan is refinanced. Any fees accrued during refinancing will not go toward the principle amount owed.

???? Pay Down. You can pay down your principle amount by increments of $50.00. Paying down will decrease the

fee charged for the next refinance due. To accept this option you must notify us of your request in writing via fax

at Toll Free 1-888-396-5597. The request needs to be received at least three full business days before

your loan is due.

???? Pay Off. You can payoff your full balance of $325.00, the principle plus the fee for that period. To

accept this option you must notify us of your request in writing via fax at 1-888-396-5597. The request needs

to be received at least three full business days before your loan is due.



Unless we receive written notification from you at least three full business days before your loan is due, your loan will be refinanced.








Payment Options
































ANNUAL PERCENTAGE RATE @ apr @ The cost of your credit as a yearly rate. (e)
Payment Schedule

You must make one payment of $325.00 on 8/24/07 if you choose to pay out your loan rather than refinance.



Security Interest. The loan is unsecured.



Loan Fee/Prepayment: The Finance Charge consists solely of a Loan Fee that is earned in full at the time the loan is funded. Although you may pay in advance all or part of what you owe without penalty, you will not receive a refund or credit of any part or all of the Finance Charge. (e) The Annual Percentage Rate is estimated based on the anticipated date the loan proceeds will be deposited to your Account.

FINANCE CHARGE $75.00

The dollar amount the loan will cost you.

Amount Financed $250.00

The amount of credit provided to

you or on your behalf.

Total of Payments $325.00

The amount you will have if you are not making the scheduled payment.




The Account: You have debit account, No. .



By signing below you are authorizing MW Marketing LLC and affiliates to debit the pay off amount due $325.00, from your account named above on your current due date of 8/24/07. You are not accepting the option of refinancing. You must fax this document three full business days before your due date to ensure your loan is not refinanced.





##### 8/06/07 ______________________________

Print Name Date Signature

Sorry it did not copy to well. It was in a form that actually looked like the loan documents. This was sent via email and there was only one page not 3 pages as nikki states.

I emailed the contract that posted here and this is what Nikki responded with. And in her subject she put SPAM

This is not your contract. AGAIN any questions please contact Icollect at 1-866-856-1024



Nikki

Customer Service Representative

1-866-722-2770 ext 129

Fax#1-888-396-5597

shymerle. . . when I called the Bank of the West for Star Advance and explained what was going on, they flipped out and sent me right straight to their legal deparment. They got just as flustered and fell all over themselves trying to figure out a way to get out of the jam that I had brought to their attention. Right after that, I located the administrator of Star Advance, sent her an email, and within no time at all I had an apology from her and a PIF when I still had a $293 balance. Perhaps I have been very fortunate in my endeavors to get rid of all my PDLs. Diligence pays off so hang in there. Don't let up until you get what you want.

Mandy, skymerle here....
I have exactly what you have and no where does it say
ANYTHING about a governing state law. (I'm really bad about keeping paperwork...I have documents from 20 years ago.) I know what they sent to me and what they did not send to me. I also know that an application is not a contract, nor is an email outlining payment options. I never really looked at the paperwork they sent to me until I found this forum. I also have about 3-4 different fax #s and 4-5 different phone #s. When I faxed my revocation/D&C letter, I faxed it to all the fax #s I had.

And I too have been turned over to AIS collections by ICollect. Maybe we can make a conference call to them together...

Skymerle they are saying that there is a contract and they would send it to me but she still has not. Have you talked to the collections companies at all? If so have you asked them for a refund and what do they say if you are asking for them?

I've gotten a couple of voice messages at work and there were several odd voice messages saying 'press #6 to continue' on my home phone, but I've not returned any phone calls.

Mandywebb...are you still around?

What a coincidence... I just sent a DV letter to Lawrence Nathan Associates in LV, Nevada on Monday because they have been hounding me with calls on my cell, work and home about a PDL from Edollars Direct from 2005!!! I keep telling them that it has been paid YEARS ago and they keep calling me, so I sent the letter and see if they give me all the information that I requested. According to the USPS "tracking", they received it today, so hopefully, they will stop calling.
Don't give up on them!!! Keep sending the letters until they get tired and hopefully give-up.
Can't wait until Monday... to see if they really get the point that I am not messing with them and their scare tactics anymore.
They have reported me to the Credit Bureau and I want them to respond to my request or I will have them removed from the credit file. :evil:

I want to clarify about the letter that I sent to Lawrence Nathan Associates, it specifically asked to remove their entry from my credit report because Edollars Direct was fined by the State of Nevada, Division of Business Regulations in 2006 $50,000 for being unlicensed. In their press release it states that all contracts that customers had with Edollars Direct are null and void.
I attached a copy of the release to the letter that I sent them.
They should be out of business for making loans and advances illegally!!!

In MANY states, PDL's are illegal. I thought i read, from one of the above posts, that the PDL was on someone's CR. If the PDL was illegal in the first place, how CAN the PDL report to the CB?

That is why I am asking Edollars Direct and Lawrence Nathan Associates to remove it from my credit report. They are illegal and they are supposed to have it removed from my CR. I am going to give them 30 days and if I do not hear from them,then I will send them a second letter and one to the credit reporting agencies to have it removed.

Sorry skymerle I have been dealing with my sons illness. He has to go for Chemo treatments and it has taken a lot out of me and I have not been on the computer much.

Have you gotten anywhere with edollars? I still have not received the so call contract that I was told would be emailed to me.

mandywebb. . sorry to hear about your son. Know that I am thinking about you as you walk this journey.

Thanks llw...it is going to be a long journey and dealing with this pdl and bank crap is not helping. It is just another bump in the road...ok a big bump in the road but it is something we have no control over.

sky here...
I recd a phone call from Phoenix debt management or Recovery about edollarsdirect & the $300 I owed them.
I told the lady I had way overpaid edollarsdirect and I did not owe them a dime. She ask me to send her evidence of the overpayment and that they would return the debit/amt owed back to edollarsdirect. I did fax evidence(bank statements will all but the edollarsdirect aka MW (MK?) Marketing ach debits blacked out). I've not heard another word from Phoenix or edollarsdirect. But they are going to hear from me.

Sky,

So they told you they could send it pack to edollars? I have not even heard from a collection agency yet but they said they sent it back in Feb. to the collection agency. They owe me $800.

I wonder if anyone has gotten a refund from edollars. By the way it was edollars until the principle was paid and then it started coming out as MW marketing.

sky here....
They jumped on mine really fast then..I closed my cking acct 4/23 or 4/24. Yeah, she said she was going to send the collection back to the pdl if i presented proof of overpayment. I stated in my fax that I wanted a pif and a REFUND...

Sky, they have been saying it was sent to collections for months now but I have not heard form the agency itself.

Let me know if what they say to you and if you do get a refund.