Just waiting for the drama....

Maybe you are lucky and they know they are illegal and they scurried back under the rock they came out of.

I'm in the same situation. I've contacted 4 PDL's multiple times with C&D letters and DV requests. Have not heard one word from any of them. All of them are illegal in CA. I called VIP yesterday and got the same song and dance from them "you have to go by our state laws" to which I responded in the negative. The guy I was talking to said I would need to speak with a "collections manager". Well the phone rang and rang and then I got her voicemail. I hung up. I'm not sure where to go from here. I just want PIF's from all of them and don't really care about any refunds at this point although it would mean thousands for me. What do you all think we should do if they don't respond? Thanks for the help.

Just be on the guard, my friend, and be ready to defend yourself when they finally communicate. They are planning some form of collection or perhaps trying to sell the debt...that is what they do. Just be ready to go when the light turn green!

After I sent VIP a cease and desist letter, which also stated they were not authorized to take money out of my account any longer, I received a PIF from them. I'll have to post it, you'll get a real giggle out of it.

I am hoping you never hear from them, hopefully all of these companies are getting the message that consumers are becoming more aware of their rights and are taking a stand. If you do hear from a CA associated with them they are most likely illegal as well. Good luck and keep us posted.

some places take awhile before coming out of the woodwork, just do not let your guard down. i have found that some really do dissapaear so you might see a bit of both. either way, if they are not legal, take comfort that they cannot do anything to you.

A few months went by before I heard from some of the illegal lenders I had contacted, they threatened, harassed, you name it, I just kept sending the same emails repeatedly until they blocked me! lol

I just closed my checking last week and I was set to have 5 PDL's come out this week. (2 were last week) and I will have all 10 on 3/13/09. So far only Cash Transfer Centers has contacted me, but I contacted them and told them I had to close my account. How long before they start calling... and do any really call. I did hear that CTC is the most aggressive. So yes, I too am waiting for all the drama to start. Just curious what other's experience was.

My loan companies:
VIP Loan Shop
Payday1
ThinkCash (1st bank of deleware)
SSM
SGQ
Ameriloan
City View
Cast Transfer Centers
ACHloan.com
Sonic Cash (soniccash.com)

Not everyone experiences the same results with these illegal companies, what happened with me may not happen with you.