Problems with Loan Point USA

Have you talked to your bank about putting a hard block on your account?

I'm dealing with Loan Point USA now. The last I heard from them, they wanted half of the principal to settle - after I had already paid $1200 for a $500 loan. They said the same thing to me....the money I paid was in laon fees.
Let's keep in touch...we may need to vent to each other.

I am calling my bank right now to put a hard block on my account. Can someone tell me if these loans are in fact illegal in Rhode Island.

Ladielucille - I agree please keep in touch and let me know how you make out

Not a whole lot of information on Payday loan laws for Rhode Island. (Crap!)

Quote:

I'm not showing Loan Point USA as licensed in Rhode Island. However, I am seeing they are part of Geneva Roth (Lord have mercy....). Hang on and I'm checking to see if they are licensed in the addresses they show which is Utah and Delaware.

Nothing for Delaware. However, Geneva Roth is licensed in Utah. Hang on and I'll show you what I found.

GENEVA-ROTH CAPITAL, INC
1338 S FOOTHILL DR STE 325
SALT LAKE CITY, UT 84108

That is what is licensed in Utah.

Here is what it shows up as on the BBB:

Geneva Roth Capital
Loan Point USA
1338 South Foothill Dr # 325 PMB
Salt Lake City, UT 84108

According to the BBB, they have an unsatisfactory rating due to unresolved issues. Go figure..........

Hang in there. I am having problems with them to. I paid them $1,350.00 for a $500.00 loan and they are trying to say that I still owe them. Can you believe it? I filed a complaint with the BBB on 1/2/09 and Loan Point hasn't responded yet.

Did you file with the state AG also??

Yes, and I filed a complaint with the Department of Banking but these type of complaints do not seem to be high on the priority list for the AG in New Jersey. I am not ging up though.
I actually work for the state and I will bombard them everyday with phone calls and emails until someone listens.

diva, good attitude! Now, I'm in Kentucky and got REAL anxious regarding the AG. They do take their time; however, they go through every single complaint to see if it's legit and needs action. That's why it takes them some time. I was ready to throw my hands in the air and say "FORGET IT!" when I finally got some responses from the AG. And, boy, did they ever help me! I had 12 stupid illegal internet pdl's (like an idiot) and they came through for me on every one that I didn't get resolved through the BBB. :D

they keep taking $150 from my checking account every payday and I don't know what to do. I am going to have to close my checking account and start over. This is really awful. I am pissed!!!

Has anyone in wisconsin ever had a loan with loanpointusa? and found an address for them?

tljacob, the address is up there. they are the same as genvoa roth and sure are nightmares! i reported them to my state's AG (I live in NJ, where loans are not legal) they were no help to me at all.

My husband got a loan using my bank account which his direct deposit goes into but his name is not on the account, they have robbed us blind, and I switched his direct deposit into another account so they didn't get anymore money, I'm getting scared that this is fraud and they can take us to jail but they never checked to see whoe's name
was on the account or anything, We live in Ky and we have 5 advances in his name with my account

Loanpoint USA
City View Cash
Payday Yes
Us Fast Cash
United Cash Loans

well internet pdl's are illegal in KY,so they lent you illegaly so fraud on your part is not a possibilty.we do need the following.

how much borrowed from each
how much debited total by each.

you only owe the principle borrowed from each loan.if you paid the principle in fees then you owe nothing more.there is a sticky at the top of this forum that explains in detail how to deal with these places.

Yep, Paul is right. They are all illegal.
??
Here is the link to the sticky paul spoke about.

I received a call from Geneva Roth today at work. After reading all about them I need to be prepared. I live in Michigan and don't know to much about the laws here, can anyone help? I keep reading about filling out a form and something about T&?. What does that mean? Please help. Any help would be greatly appreciated.

I'm the one with the internet pdls from KY. That makes me feel much better that we wont go to jail for fraud. We overpaid these people way more than we should have, most of them we even paid an extra $50 each pay day to bring down the balance, but it got to be too much we were paying $1,400 a month in fees...

PayDay Yes:Loan amount $525, paid $1,205 ($200 was to the balance)
City View Cash:Loan amount $300, paid $ 645 ($150 was to the balance)
United Cash Loans:Loan amount $250, paid $710 ($200 was to the balance)
Us Fast Cash: Loan amount $250, paid $710 ($200 was to the balance)
Loan Point USA: Loan amount $500, paid $1,050 ($0 was to the balance

Yep those are all illegal as PDLs are illegal in KY.

i live in NY and i have 2 payday loans and loan point usa contacted me about them...what should I do?? im trying to repay them!