The Loan Shop FOLDS!!!!
Date: Fri, 05/30/2008 - 10:39
I fired off a letter to the State attorney general's office, the BBB and a letter to them citing our state's laws regarding PDL's and said they were blatantly breaking the laws in our state and cited the state's PDL laws. I offered to pay them the principle and the max interest in my state which is 15% and call it a day.
TODAY I get an email from them. This is what it says:
"SETTLEMENT OFFER: ACCOUNT CLOSED "
Your account will be closed IMMEDIATELY upon receipt of the attached release form.
There absolutely will not be any collection activity taken against you and this email is meant to confirm that in writing.
HALLELUAH!
So I just have to sign the release.
:lol:
Anyone else ever had this success?
Thanks to everyone on this board who contributes with advice and support.
CONGRAULATIONS.....EVERYONE COME ON GET HAPPY!!!!!! WELL DONE
CONGRAULATIONS.....EVERYONE COME ON GET HAPPY!!!!!!
WELL DONE TRAVLGRL GREAT JOB :!: :!: :!: :D :D :hug:
This is good news! Perhaps the PDLs are starting to understand
This is good news! Perhaps the PDLs are starting to understand the error of their ways.
Congratulations!!! I am dealing with Loanshop now, and have file
Congratulations!!! I am dealing with Loanshop now, and have filed with the AG's office and BBB... hoping to hear something soon!
Well, yet another person with a PIF from Loan Shop! I posted my
Well, yet another person with a PIF from Loan Shop! I posted my saga in another thread here called "Loanshop Questions."
Basically I had an old loan I had defaulted on, and they were harassing me to no end. I filed complaints with BBB, AG, FTC, and sent an email (which is in the thread, page 2) to William Mashburn. The very next day I get an email releasing me from the loan, I just have to sign and fax it back!
If Loan Shop is harassing you, there is definitely hope! Stick to your guns!
pmburk, congratulations to you too! That's great news!
pmburk, congratulations to you too! That's great news!
Question - Is there a confideniality clause in the release you s
Question - Is there a confideniality clause in the release you signed?
No, there was no confidentiality clause listed. Just release & n
No, there was no confidentiality clause listed. Just release & non-admission statements.