ARM of florida – have any license to collect PDL?

I sent them a C/D and D/V letter back on January 6 of this year. They sent me a very rude letter back with the loan agreement that I "signed" online, stating I was going to pay the loan or basically go to jail, etc.

I am once again sending them the same C/D letter that I sent them and Cash Advance Network on January 6 (this one got returned to me, but magically, ARM got theirs...hmmmmm), as well as a copy of the laws in Indiana for internet payday loans, but this time, I have had it with them playing games, so I am also enclosing a new letter.

Could someone please read it and tell me if it sounds okay? Thanks!



Date: 1/21/2009

Account Receivable Management of Florida
9000 Regency Sq Blvd, Ground Floor
Jacksonville, FL 32211

RE: Cash Advance Network, Account XXXXXX

To whom it may concern:

Please find enclosed a copy of the Cease and Desist letter that I recently sent to ARM of Florida, MTE Financial and Cash Advance Network. You will also find enclosed another copy of the Indiana laws regarding internet payday and/or cash advance loans. I strongly urge you or someone within your company that actually understands state statutes, to read both items of correspondance very carefully, as ARM of Florida is trying to collect on a debt for a company that is operating illegally within the State of Indiana.

Per the Indiana Attorney General’s office, ARM of Florida is also unlicensed to conduct business within the State of Indiana, and therefore your attempt to collect this debt from me, will also be considered illegal business activity. Furthermore, per the Indiana Department of Financial Institutions, the Attorney General’s office, the fdcpa and my own, private attorney, my debt with Cash Advance Network is actually null and void at this point, since the company willfully and knowingly, conducted business illegally in Indiana. The debt also becomes null and void at this point since Cash Advance Network, MTE Financial and now ARM of Florida, are maintaining that I still owe above and beyond what I would have to pay on this debt, if it were in fact valid and legal. That amount stands at $210, not the $480 you claim that I owe.

Please read further in my original letter and see that I do plan on paying this debt. Although Indiana Law states that I do not owe anything, since Cash Advance Network is operating illegally in Indiana, I still feel obligated to pay the rest of the principle amount owed, which is $210. Since you cannot legally collect this debt from me, I owe nothing more than the principle amount of the loan, and therefore the $90 in finance charges that I paid for a “loan extension” is to be deducted from the original principle. Payments will be made in monthly installments, via money order, starting in February 2009. I will pay $35 each month, for 6 months for a total of $210.

Should ARM of Florida, Cash Advance Network or MTE Financial Services not agree with the arrangement I have listed above, please note that I have done all that I can to work with you on settling this debt, and your refusal to accept the $210 as payment in full, will result in this debt being null and void. Any further collection activity that occurs on this account, or marks placed on my credit report, or any further contact with me, my family or employer, will result in further legal action being taken against you and your affiliates.

Thank you,



Katrina Cunnington