IPDL help- Ameriloan/VIP Cash (CA resident)

CA has it in their law that loans made by unlicensed companies are null and void. The contract is unenforceable in a court of law.

To my knowledge VIP is not licensed in CA. Their contract isn't even worth the paper it's written on.

I can't find any information on PaperCheck Payday but if you keep checking back someone else may know. :)

Paper Check is not licensed in CA.

Thank you for the information, what steps should I take to resolve this matter, i.e. sending out validation of debt letters to their legal departments requesting the debt validation, their licenscure in both their state of operation as well as my state, California, licensure to conduct collections, etc? Will I need to close my checking account, I did this once with the assistance program and it was a miserable experience, is there any way for me to go about this without closing out while still going through the proper channels to ensure they verify things on their side? Is a validation of debt letter requesting proof of licenscure the way to go? Any input appreciated.

I hope the information below will help you. :)
You are only obligated to pay back the principal amount you borrowed from an unlicensed/illegal Internet Payday Lender.
[quote]
What should you do?
Close your account asap, if you are unable to close your account, go into your bank and ask to speak with the Branch Manager, tell him/her you need a hard debit block placed on your account immediately! Explain that you are revoking ACH authorizations from unlicensed/illegal companies, and have learned these companies are notorious for ignoring revocation, therefore it is important to BLOCK any withdrawal attempts on your account to protect your interest. This is your privilege, do not accept no for an answer. The following link will provide you important information regarding closing accounts. CLICK HERE

What next?
AFTER your account is secure send each pdl (the unlicensed and illegal) an email similar to THIS (please scroll down to locate letter template). Tailor this letter to your needs, and try to write it with the same basic concept in your own words. You will need to research and locate email addresses/physical addresses if you don't already have them, I suggest that you type the name of the pdl (example: "oneclickcash address") in the search box in the upper right hand corner of this forum. You may also search for addresses HERE at the Better Business Bureau.

File complaints: Most of the time, you can file a complaint online with the following, I encourage you to follow through with doing so, you will need to search the Internet for your state Attorney General's website, however, here are links to file complaints for the FTC, Online complaints: Federal Trade Commission., and the BETTER BUSINESS BUREAU.

Keep in mind that you may not receive a response for days, or even weeks, or, you may receive harassing and threatening phone calls. I have found the best way to deal with this is not to respond or reply, simply hang up.

Side note: If you have paid an illegal/unlicensed payday lender above and beyond the principal amount you borrowed, it might be a good idea to demand a refund and a paid in full letter/receipt. You may or may not get one or both. It still doesn't hurt to include that tidbit in your letter. :)[/quote]

I live in Oklahoma and have two payday loans out, one on each account. One is VIP and the other is OneClickCash. I had told BOTH of those businesses that I wanted to have the amount PAID IN FULL but both of them this past month only took out the minimum amount which doesn't even touch the principal. I am trying to get the information to get in touch with them..on one of the bank accounts, they don't even have a number I can call and I can't find it on my stuff on the internet because my last computer crashed. If I can't get the info from the bank, can I close at least one of the two accounts without being held for charges for the transaction not going through in my state?

And if someone has the phone numbers for either business I would appreciate it. thank you.

1-800-825-0441
One Click Cash, are unlicensed/illegal to lend in any state in the US.
One Click Cash
52946 Highway 12
Suite 3
Niobrara, NE 68760
Fax 1-800-803-9136
Ph: 1-800-349-9418
compliancedepartment(at)oneclickcash.com