Help with dealing with 247advances.com

Date: Mon, 05/26/2008 - 15:17

Submitted by anonymous
on Mon, 05/26/2008 - 15:17

Posts: 202330 Credits: [Donate]

Total Replies: 35

Hi

I took out a payday loan with 247advances.com. This is the first pdl that I have dealt with that doesn't allow you to speak with a live person or call them directly. The loan was for $274 and is now up to $422. The account they originally deposited the money into was closed by BOFA. I want to get this loan out of my hair because this company is clearly shady. I've tried emailing their customer service to get more information about them and their response is that they only correspond with their customers via the website. I asked what alternate ways of payment do they offer and they told me "none". They want updated bank account information so they can pull the payment out. I am afraid to give them the updated information because I do not trust them at this point. I have done what research I can on the company and have only found complaints and this domain information below:

Registration Service Provided By: BOTTLE
Contact: +61.386867721

Domain Name: 247ADVANCES.COM

Registrant:
Unspecified
Private Registrations Redalto Communications (247advances@redalto.com)
Ground Floor
16 - 18 Grosvenor Street
Sydney
New South Wales,2000
AU
Tel. +61.290081191

Creation Date: 08-Jan-2008
Expiration Date: 08-Jan-2009

Domain servers in listed order:
ns2.combell.net
ns1.combell.net

Administrative Contact:
Unspecified
Private Registrations Redalto Communications (247advances@redalto.com)
Ground Floor
16 - 18 Grosvenor Street
Sydney
New South Wales,2000
AU
Tel. +61.290081191

Technical Contact:
Unspecified
Private Registrations Redalto Communications (247advances@redalto.com)
Ground Floor
16 - 18 Grosvenor Street
Sydney
New South Wales,2000
AU
Tel. +61.290081191

Billing Contact:
Unspecified
Private Registrations Redalto Communications (247advances@redalto.com)
Ground Floor
16 - 18 Grosvenor Street
Sydney
New South Wales,2000
AU
Tel. +61.290081191

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I can't stress how much I do not want to give them new account information. I prefer an alternate way of pay but again, they do not offer one. Oh they also don't have a copy of the contract for the loan. They state that it was something that I was instructed to print a copy of during the loan application process.

Any ideas on how to proceed? Any help would be much appreciated.

Thanks

Hi, kat! :D Let me first give you some information on them so

Hi, kat! :D Let me first give you some information on them so that you will have a physical address for them:

247advances.com
Address: 223 West Bulldog Blvd, Suite 529
Provo, UT 84604

Now, let me also mention that I do not see them as licensed in Utah. So, they are most likely an illegal/unlicensed pdl. Wonderful! We get to play this game!

If they are indeed unlicensed/illegal - as I'm leaning towards - then you do not owe them a penny over the principle amount of the loan, okay? Whatever amount they deposited into your account is all that you are MORALLY obligated to pay. Nothing else. So they can stick their "extra fees" you know where.

Do NOT, NOT, NOT (I can't stress it enough) give them ANY new bank account information. No! Contact them via mail if you have to (since they don't list a friggin phone number for you) and tell them you are only paying the principle amount of the loan. That's it. Then ask them if this is the correct address to mail a money order to because you are NOT giving them payment any other way. Period.

Have they debited your account at all? Or do you owe the entire principle amount still?