PDL help in NC
Date: Thu, 09/16/2010 - 13:21
Hi all...I hate that I have encountered this problem but it seems like I'm not the only one..
I have several PDL out there..I have started sending out the letters but missing some states that these companies are licensed in. I have only had one response from Paydayloan yes & it wasn't the type of letter that I was expecting. I'm in the midst of bringing my bank account current so I can close/reopen it, but it's so frustrating when fees are constantly being deducted from my account :( I know there is hope out there based off of the posts I've read, but it's just getting a little ridiculous. please help...and any other information regarding the PDL companies & the exact state laws for NC so I can reference to them when writing the letter (I got the letter from the original post by Shazzers).
Here are the companies:
JHS Marketing ($250)
Ameriloan ($300)
Paydayloan Yes ($350)
Star Cash Processing ($300)
Sandpoint Capital, LLC ($250)
This is the letter I got back from paydayloanyes:
"We did not solicit your business. You went outside of your state and took
the loan. Please reference your loan contract, the Loan Note & Disclosure
Statement, the Governing Law section. Listed below is what you agreed to /
authorized when you e-signed your loan contract. Your email does not forgive
your debt nor will it deflect further collection actions on your loan
accounts.
Governing Law
"Both parties agree that this Note and your account shall be governed by all
applicable federal laws and all laws of the jurisdiction in which the LENDER
is located, regardless of which state you may reside, and by signing below
or by your electronic signature, you consent to the exclusive exercise of
regulatory and ad judicatory authority by the jurisdiction in which the
Lender is located over all matters related to the Note and your account,
forsaking any jurisdiction which either party may claim by virtue of its
residency".
This is a loan payoff, meaning once you confirm this payoff by providing
your card information (see payment instructions), your account will then be
removed from the collections process, your balance will be frozen and no
further charges will be assessed on the loan balance as long as you follow
through with the agreed arrangement.
As of today, your total account balance is due $620; loan payoff is for $540
payment arrangements are for three (3) payments $180 due on 09-21-10,
01-05-10 and 10-19-10, this will close your loan account. Payment method is
Visa or MasterCard debit/credit only. See your payment instructions listed
below.
Payment Instructions
To confirm this payment agreement you can:
1). Call me today, Karen Tims at ( 1-800-654-7444, ext. 846 ) with your Visa
or MasterCard information
2) Email me back today with your Visa or MasterCard information, see payment
form listed below.
Regards,
Karen Tims
Advanced Collections
Phone: 800-654-7444, ext. 846
Office Hours Monday thru Friday
8:00 A.M. to 5:00 P.M., EST"
This letter has kind of been discouraging and I'm not sure if I want to proceed sending the rest :( Any help, any type of hope, any advice would be great...thank you.
I have several PDL out there..I have started sending out the letters but missing some states that these companies are licensed in. I have only had one response from Paydayloan yes & it wasn't the type of letter that I was expecting. I'm in the midst of bringing my bank account current so I can close/reopen it, but it's so frustrating when fees are constantly being deducted from my account :( I know there is hope out there based off of the posts I've read, but it's just getting a little ridiculous. please help...and any other information regarding the PDL companies & the exact state laws for NC so I can reference to them when writing the letter (I got the letter from the original post by Shazzers).
Here are the companies:
JHS Marketing ($250)
Ameriloan ($300)
Paydayloan Yes ($350)
Star Cash Processing ($300)
Sandpoint Capital, LLC ($250)
This is the letter I got back from paydayloanyes:
"We did not solicit your business. You went outside of your state and took
the loan. Please reference your loan contract, the Loan Note & Disclosure
Statement, the Governing Law section. Listed below is what you agreed to /
authorized when you e-signed your loan contract. Your email does not forgive
your debt nor will it deflect further collection actions on your loan
accounts.
Governing Law
"Both parties agree that this Note and your account shall be governed by all
applicable federal laws and all laws of the jurisdiction in which the LENDER
is located, regardless of which state you may reside, and by signing below
or by your electronic signature, you consent to the exclusive exercise of
regulatory and ad judicatory authority by the jurisdiction in which the
Lender is located over all matters related to the Note and your account,
forsaking any jurisdiction which either party may claim by virtue of its
residency".
This is a loan payoff, meaning once you confirm this payoff by providing
your card information (see payment instructions), your account will then be
removed from the collections process, your balance will be frozen and no
further charges will be assessed on the loan balance as long as you follow
through with the agreed arrangement.
As of today, your total account balance is due $620; loan payoff is for $540
payment arrangements are for three (3) payments $180 due on 09-21-10,
01-05-10 and 10-19-10, this will close your loan account. Payment method is
Visa or MasterCard debit/credit only. See your payment instructions listed
below.
Payment Instructions
To confirm this payment agreement you can:
1). Call me today, Karen Tims at ( 1-800-654-7444, ext. 846 ) with your Visa
or MasterCard information
2) Email me back today with your Visa or MasterCard information, see payment
form listed below.
Regards,
Karen Tims
Advanced Collections
Phone: 800-654-7444, ext. 846
Office Hours Monday thru Friday
8:00 A.M. to 5:00 P.M., EST"
This letter has kind of been discouraging and I'm not sure if I want to proceed sending the rest :( Any help, any type of hope, any advice would be great...thank you.
Paydayloan Yes is illegal in almost all the states in the US. Th
Paydayloan Yes is illegal in almost all the states in the US. The content of the letter that has been sent to you is the usual misleading information that illegal lenders send to make the customers pay you. Don't pay heed to this BS of theirs. Remember, your state laws prevail.
As for Paydayloan Yes, send them a letter stating that if they don't comply to your request and send you a PIF, you will file cases with the FTC, your states' AG and the BBB.
Duplicate thread closed, see link below for replies: http://www.
Duplicate thread closed, see link below for replies:
http://www.debtconsolidationcare.com/forums/showthread.php?t=84090
