m1yDirect sent my account off for collection...

Hi jeremyrudock

Welcome to the forums.

I tried to locate some information on your payday loan company but didn't get anything. Maybe, you can call the credit bureau as they must be having the mailing address and contact number of this company.

Check your credit report and see the latest standing of this account. If the date of last activity has been long ago, you have the legal rights to refuse payment as it might be out of the SOL period. Check your state laws for information on SOL of your state.

A collection agency that is holding your account legitimately must be able to give you the necessary details of this account. They won't keep anything behind the covers. Many agencies will come towards you forcing to make payments. You should not pay to any of them until you are assured that they are the right company assigned for this purpose.

Make payment arrangements once your debt is validated by the collection agency and after you have checked the SOL in your state. The fdcpa law offers you protection from the illegal collection agencies and gives you the power to refuse payment till you have been given the accurate details. So, there is nothing to worry while a CA places a call to you. Your willingness to pay the debt is most important and you are ready to do it to the right company. I wish you all the best on this matter. Keep us updated on it.

Regards
Roxette

I once had a loan through them. Try this as a contact:

Michelle K.
michelle(at)m1ymarketing.com

M1Y Direct
P.O. BOX 881574
LOS ANGELES, CA 90009
(PH) 877-619-6584

Please note that in my state (California) it is against the law for these lendors to do rollovers (this is where they kill you in fees. They MUST actually have a full loan paid in full before they can issue a new one. They most definitely CANNOT have you pay just interest to roll the thing over again. Anybody who HAS done this needs to look at pursing them in small claims court. Please note that M1Y is owned/operated by some guy named MARK KOETTING out of Plano Texas.

Just thought I'd post a followup.

M1YDirect actually saw this message and contacted me in good faith to resolve this matter amicably, and I appreciate it very much. They told me they recently became aware that the company which shops around their collection accounts to collection agencies had placed some of them with Ellis Crosby. M1Y is now aware that Ellis Corsby is scum and has called them to let them know not to collect on my debt anymore.

Of course, this hasn't stopped EC as they now have some unintelligible southern hick calling me claiming my debt has been deemed "uncollectable" and that further action is going to be taken. I explained the situation with M1Y, and he basically laughed it off saying this matter was between myself and him.

I laughed my ass off at that one and told him to file whatever he wanted in court. My attorney will have a field day with him.

1) I have 2 recorded conversations where I requested validation of the debt and they flat out refused.

2) I have the original creditor telling me they have informed EC to stop trying to collect on the debt.

3) I have 2 affadavits filed with the AG of the state of Florida, and they are very pleased with the recorded conversations I gave to them.

Like I said when I started this thread, I want to handle my debt properly, and it sure as hell won't be with a company like EC.

Jeremyrudock, well, now you don't need a lawyer also in your case. :D

You have covered the entire basis legally and can present the case at the court on your own.

Great work! Keep us updated on this matter.

Anybody who is using or has used payday loans, I *really* suggest you look up the laws in your state of residence. I had utilized M1Y for one of my loans and kept paying and paying the $90 fee to have such rollover. I found out that in California the following is the case:

1. All payday loan vendors MUST be licensed by the state of california (includes posting a $25,000 bond.

2. NO SUCH LOANS may be rolled over. You must pay off the loan in its entirety plus the interest on the due date first. In my case, a loan of $300 turned into well over $1000 with the bi-weekly $90 rollover fee. Once I did the calculation, I found that BY LAW, I had been overcharged more than $600.

I have now made a demand to have the amounts other than the initial $300 plus $90 fee returned to me. The owner called me directly and at first tried to tell me that he would say my loan was paid off. When I reiterated that he needed to repay me all the illegal fees, he said that as they did not have a physical address in California, they were not subject to the laws. That was quickly brushed aside. Then he attempted to inform me that they were governed under "internet commerce", thus such did not apply. I disabused him of that notion. He then threatened to send his attorney's at me. I told him to bring it on. He calmed down a bit after he realized I was not going to be a pushover.

Look up the laws in your state (Colorado, Kansas and Pennsylvania have been especially good at enforcement lately) and then hit these folks back. Whether or not you have paid them off according to their contracts (which in my case were contrary to state law, thus null and void), you are entitled to receive all these fees back. I suggest that you send them a demand letter and if they refuse to deal with you (or become threatening), inform them that you are going to report them to various states (I guarantee that they do business in multiple states). You can also take them to small claims court. If they attempt to tell ou that you have to sue them in your state, I do not know of a locale that will not allow you to sue locally as you were "damaged" in your home state.

*Do* pay your initial principle back and the maximum amount allowable by law in your state. It is the right thing to do, but do not let these folks take advantage of you as they have.

If anybody needs clarification, please post here or send me an email

email address removed as per forum rules - Vikas

I have a friend who has been contacted by these people..did you ever find out who they are?

Andynelms, I think it must be some alias name. Did your friend ever try to take some more info on this matter? If he has the phone number, ask him to place the call and get the proper details. Ignoring the call won't be a good idea as they might try to put him in some troubles.

I just got a call from the same Jack Smith and he claims to work for United Federal Bank - the threat of check fraud is too great for me and I am going to try and pay this off as ap

Mauracleegg, before you send any money to United Federal Bank, please read the thread below and save yourself from being scammed.

http://forums.debtcc.com/forums/about6860.html

It sounds as if the United Federal Bank is the same as Jacobi & Mayors, Anthony Galloway, etc. Ask the company to validate your debt as it is your legal right to know the accurate picture of your account. If the company does not give you any information and you send them the money out of fear, it might happen that some other company will ask you to pay for the same account. It might be because of this company that didn't transfer the money to your debt account. Know your legal rights as per the fdcpa and prevent from being scammed.

Does anyone have any additional contact information for M1Y Direct?

Kecia, you can use this one to contact M1Y Direct

M1Y Direct
P.O. BOX 881574
LOS ANGELES, CA 90009
(PH) 877-619-6584

I am looking for any other address if they have.

Does anyone have a fax # for myDIRECT?

Queenie, call M1Y Direct at 877-619-6584 and request for their fax number. I will post their fax number if I can find it online.

877-619-6583

Once they realized that the collection agency they contracted was playing dirty they worked with me to pay them off directly. I found both Michelle and Dan at M1Y to be very cordial over the phone, which was refreshing. Now, tracking them down was a pain and had it not been for this forum I never would have found them.

Jeremyrudock, nice to hear that you were able to resolve the matter directly with the company. This is the right way of taking care of the matters when the collectors become a pain. Most of the credit companies are not aware of the collection techniques used by the agencies they hired. You just have to bring it to their notice.

I just just found out that I have a loan through theses people and I have no idea when I requested a loan through them. How do I find out information about theses people and who has my information? Please help out. I had money removed from my bank account.

Cin,

First contact your bank and explain the story. They might help you to get a refund. Also ask them to block the company.

Collect their contact information from your bank and contact them. If you have not authorized them, they have no right to withdraw money from your account. You might seek for legal help. Keep us posted.

P.S. Visit this thread to get their contact details-

http://forums.debtcc.com/forums/account-collection.html

877-619-6583

Hello,
I also have a payday loan with M1y Direct and B&L Marketing.
I believe they are both from the same company. I was unable to pay the refinance charge and they sent me to this litigation (collections) company. They contact me and said that I have to pay $1520 by 2:00pm (it was 1:20pm) or else. The original loans were for a total of $450. I tried to contact B&L Marketing and M1Y Direct but no luck. I would like to schedule payments but the litigation company gave me no information about my case or how I can reach these companies. I asked the litigations people if I can make payments and all they said was "they didn't give you the payday loan in payments now did they" and then hung up the phone. They want to charge me with all check fraud and two other charges. WOW
I am so happy I found this bulletin. I can now contact M1Y Direct and hopefully get this resolved.
If any one has information about B&L Marketing, please let me know.
Thanks

Hi Fausto Meza

I am so happy that you have got the necessary information in this forum. Contact the company and request for the details of your debt account. You can make payment arrangements with them after you have reviewed your account properly.

They called abusing me and harrassing me at work. I have been trying to contact them because they keep taking money out of my account. I have no way of paying them the initial loan amount because all contact info is no good. What can I do? I live in CA.

M1y direct can be reached at 1-877-619-6584.I just spoke with a Sara is going to send her a money order for a loan that I had that I have with them.

Daphanie

Close your checking account if M1y Direct is taking out money from your account illegally. You should also report them to the FTC and the local AG's office for immediate investigation.

Ask them for an itemized statement of your loan account so that you can review it thoroughly.

I got a payday loan from B&L Marketing last year in November and they have took out their money every payday. My loan was suppose to have been paid off in February, but they are still taking out $45 every payday. I have trried to contact this company but I can't find any information on them. Please help me.

Kathleen

Get in touch with your bank and request them to change your account number. If this is not an option, get the transaction code of B&L Marketing blocked against your account. The company can't debit money from your account after the userID is blocked.

I wanted to post a followup, but I never got around to it.

I did end up getting M1Y to refund $600 that they owed me. The reasoning was that 1) They are not licensed in California and 2) they violated the state law against rollovers. I realized afterwards when I pulled my full records that they owed me additional money. By that time they did not want to discuss anymore.

There is more that is going to be happening against these folks in the coming months, which I shall address later.

In the interim, note that they (any payday loan vendor) CANNOT rollover a loan, thus charge you fees for rollovers. They MUST be licensed in California. If you are in California and they have been doing this, educate yourself and fire back. Chances are you overpaid and are due a refund (I also got refunds from other more reputable outfits which I had dealt with - a total of $1920 in refunds).

I will keep an eye on this forum. Anybody that wants additional info, let me know and I will post specific citations.

This company deposited 200 in my bank and dont know how they gotit , no approval , my question is if I block their withdrawing ability from my bank , what can they do , I have had at least 4 withdraws at 60 a time so know its more than 200 paid to them already , can they get me for anything if I block them from my bank and also have one with cash n minutes and sent them 66 numerous times at least 4 as well for 200 , what can these companies do If I block them at my bank, thank you for your time

Guy Magli

Do you have the loan papers signed with M1y direct? Review your contract and know the charges of the repayment. The company won't be able to make debits with different amounts after the id is blocked. But, since you have taken the money, it will be better paying it off through other sources like a money gram or a western union.

After court costs and lawyers fees and what I ended up having to pay, I ended up paying over 10 times the amount that I originally borrowed!!! Be carefull!!!

does anyone have any contact info for this co? I got a call from a person that I couldn't even understand and their suppsed supervisor saying I had until 7:00 to pay this loan or they were sending the investigators after me(what little I could understand)the rest was them yelling at me and then saying they hung up on me but I could still hear them talking....

Is it Bahamas payday loan? You can call them at 1-866-224-8776 and request for the latest statement of your debt account.

I took out a payday loan from a website (not sure which one to be honest) and I have recently moved. I tried to get in touch with the company over the last few months, but no luck. I recieve a call today from 888-898-1896 telling me that I have to pay the entire balance ($820) by 2pm today or the affidavit's will be processed and legal action will follow. I explained to this person (who claims to be from pre-litigation) that I could possibly pay half that amount today, but I couldn't pay the whole thing. She said that she would contact her client (B&L Marketing) and see if that would be acceptable. It's been about 4 hours and I've called her back, and she's claiming that she cannot get in touch with them. If these "affidavit's" do go out, what kind of legal action am I facing?

Travis

Have you checked if Pre-litigation is making a genuine collection for B&L Marketing? Under the federal laws, the CA is required to send you something in writing that proves about their legal collection procedures. The company must validate the debt before attempting collections. If you have not received anything in the mail, send a letter through certified mail with return receipt requested. This will be your important legal move of taking responsibility of this matter in the first place.

Know your rights under the FDCPA. Do not get intimidated by any collection agency. Most of them use scary tactics of collections which is illegal. Do not get scared of the jail threats. It's only a word and nothing can be done on this context. Cover your legal factors.

I need to get in contact with someone at B&L Marketing...I took out a loan with some internet payday loan service that is fianance with B&L. I've been getting phone calls from someone in Pre-litigation named Casey Worman, claiming that I'm about to have legal action taken against me. I told her that I'd been advised by my attorney not to send ANY money to somone who's just calling me on the phone, since I have yet to receive anything in writing...can anyone help?

Gretchin,

I have recieved NOTHING in the mail about this matter, everything has been over the telephone. I attempted to give this Casey Worman my attorney's information, but she quickly just told me to give my attorney her information and hung up on me.

I have a payday loan with them and I have been trying to locate a phone number for them. They continually take out more than I borrowed. Need to get ahold of them. If any one knows the number I would appreciate it if you could post it.
Thanks

Try 866-224-8776 for BMG

hi i have aloan and B&L marketing is takeing 90 out of my savings account every two weeks ive call my bank and thats all they have on file is B&L marketing

They have been charging me $60 per two weeks for 3 months for a $200 loan i cannot find any contact info does anyone have there web address. I will be reporting them to goverment officials that i'm close with. This makes no since i've been ready too pay off the loan but there was no way to contact them. So now they've made alot of extra money off me

You need to close your checking account immediately and stop the company debiting from your account. Later, the company will contact you asking for money. Get the statements showing all the payments done in the past before you make further commitment. Here is their address:

M1Y Direct
PO Box 881574
Los Angeles, CA 90009
1-877-619-6583

I just delt with B&L Marketing with no problems as of yet. I am supposed to pay my loan off tomorrow. Their number is 1-866-656-1136 and the fax number is 1-866-370-7045. The key is they will continue to debt your account until you fax them a written statment with your intention to pay down or pay out. Hope this helps.

Friday I received a phone call from someone at "prelitigation" named Shawn Braxton. He told me that I had until 6pm to pay $687.00 or he was going to file affidavits against me, and have me arrested. He toild me he worked for United Federal Bank, and B& L financed thru them. I contacted B&L, and was told my debt had been sold to I Collect. Which way should I go from here?

Be careful, the collection company is not acting as per the federal laws. They are trying to make money without any papers. Ask for a debt validation before you send your money. It's better to get in touch with the original company.

Had anyone found out if these Pre-Litigation people are for real or they just using some kind of scary collection tactics. I had someone call me yesterday saying that legal action was going to be taken on me for a $200 loan that was unpaid with B&L Marketing. I told them I would make arrangements to pay the amount I owed and I could possibly send $200.00 this Friday. The guy then put me on hold while he said he was contacting B&L Marketing, then he comes back and says that they want me to surrender the full amount of $580.00 by today or I will be subpoena to go to court for check fraud and theft by deception. He said that B&L Marketing said that I maliciously took the money with no intent to pay back and they are trying to make an example out of me. He said they also said that I refused collection, which is untrue, because I never received anything from them in writing nor did I talk to them on the phone or refuse collection efforts. What should I do?

Try dealing with B&L Marketing instead of dealing with the CA. You can reach B&L Marketing at 1-866-656-1136 and the fax number is 1-866-370-7045.

Pre-litigation is trying to intimidate you to pay them. Don't let them go over you. They are bound to validate the debt in writing before attempting collections. As they have not sent you anything in writing so far, send a debt validation letter from your side requesting for the account details. They must not call you further until they put everything in writing. Also, send a cease and desist letter to make your legal point stronger. The template is at this link

http://forums.debtcc.com/template-cdletter.html

They have taken me also with their high interest loan. Also you can not contact them. I need number and fax if anyone has them

Hi Larry, you can try this number for Pre-Litigations: 866-900-7694. A word of advice- be careful when speaking with Pre-Litigations. They have some pretty sneaky people working for them who are pretty good at making valid sounding threats (i.e. malicious intent to defraud a loan company, check fraud, internet identity fraud, any of those sound familiar? They've thrown them all at me at this point) but these people are not lawyers, they are collectors with a very bad track record. Don't say anything on the phone that could be construed as some sort of payment agreement; always request and respond to everything in writing. They actually threatened to send someone to my house to, in their words, "depose me on the spot and collect my signature" which just shows how limited their understanding of the real legal system is.

I just got off the phone with M1Y, and had my account paid closed and paid in full. I questioned them about the account, and the $60.00 they were taking from me every two weeks. They said that since I was a good customer they would close my account. I wound up paying $1000 on a $200 loan. Take it from me, don't do payday loans, they wind up kicking you in the ass in the long run.