Need PDL Help in CA..... PLEASE!!!

are NEVER something you should use. the lenders aren't even located in the US, and so they don't have to abide by our laws. they just deduct the finance charge on every due date unless you set up a payment. good job w/ the refund....that would never happen with most companies.

I got an email from icollect saying that my account with Namakan Capital had been sold to icollect for collection. I originally borrowed $300. I have paid back $810. They are saying that I owe $480 still. What do you think my next step should be? I can't find any good info (fax, email, address) for Namakan Capital. I know they are obviously illegal..... Does anyone have any suggestions?

Send a cease and desist to Icollect. Incluse a statement that says the loan was illegal and that they are acting illegally in their attempts to collect. :P

I got this response from BBB regarding my complaint about United Cash Loans:

We recognize this complaint as a response to a template of a form letter circulating the Internet. This form letter is full of mis-leading and inaccurate information. Unless this customer has a specific complaint regarding the handling of their account, we do not believe a response is warranted. Thank you for your consideration in this matter.

I can't believe these payday loan places devote so much time and energy to collecting these little bits of money. Correct me if I am wrong... but there is really nothing they can do to me, right? They can't get my wages, they can't get any money out of my bank account, if they do put the item on my credit report I could easily dispute it and have it removed since it was illegal in the first place. I guess they could call and harass me but that's just a waste of their money since I will never pay them any more money, EVER!!!!!!!!!!!

I did not accept their response through the BBB, I sent in a "rebuttal" I'll see what they have to say.

I love how they claim that you use a template but all their responses to the BBB and in emails are templates...lol

I recently got an unotherized loan from a Namakan Capital. Do you have any information from them? I want to return it before they start messing with my checks. Thanks

Clearwater is illegal in almost evry state. Look them up. They go by namikan capital (sp) and sandpoint capital.

these things should be totally illegal.

Quote:

Can someone please send me the e-mail address or physcial address to Namakan Capital/Clearwater Bay Marketing so that I may send my letter. I have paid them right at $200 the amount I borrowed if not a little more and found this website while trying to look for a way to pay them even more money, like an idiot. Glad I found out they were illegal and cant charge those fees. I probably won't return to these forms but my e-mail address is and in the subject if you could put Address so I don't mark it as spam I'd appreciate it.
It is against the TOS to post your email address.

[QUOTE=Anonymous;719160]Can someone please send me the e-mail address or physcial address to Namakan Capital/Clearwater Bay Marketing so that I may send my letter. I have paid them right at $200 the amount I borrowed if not a little more and found this website while trying to look for a way to pay them even more money, like an idiot. Glad I found out they were illegal and cant charge those fees. I probably won't return to these forms but my e-mail address is [email]HAlderman1983@aol.com[/email] and in the subject if you could put Address so I don't mark it as spam I'd appreciate it.[/QUOTE]


I do not know the address but if you have paid them the amount you borrowed and it is not a lot of trouble, CLOSE YOUR ACCOUNT at the bank and open a new one.