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PayDay Loan Yes

Date: Tue, 11/30/2010 - 12:48

Submitted by anonymous
on Tue, 11/30/2010 - 12:48

Posts: 202330 Credits: [Donate]

Total Replies: 4


I had a PDL through Pay Day Loan Yes... had some issues with my bank account... found this site and learned that they are not legal - sent the letter revoking the ACH did all of that. They finally contaced me today and said that since I refuse to give them a credit card number to pay over $490 for a $250 loan that I have already paid $150 that that they are marking my file as refusal to pay and sending it to collections.

I stated that I am not refusing to pay... I just want the physical address of where to pay (per this forum) and have all the emails saved. They said that they don't have to follow WA state laws and that i have to follow the laws of their state but they won't even tell me what state that is so that I can review those laws. Went as far as to say "until the federal govt steps in to determine which state law is correct " that I would have to follow their laws.

Should I really be worried about all of this or is this just all smokescreen to scare me?


This was the latest.... I believe I have answered my own question in that these are just "scare" tactics but would like confirmation on this from someone that I am only legally bound by the laws of my state and that paying an extra $490 for a $250 loan that I have already paid $150 one is illegal. What can I do if they won't give me an address to mail it to? Just save the emails as proof?

"Sorry there is no need for you to have our physical address as we DO NOT ACCEPT mail in payments. You must remit payment in an electronic form either via Western Union, or Visa.Master debit.credit.prepaid card only. You received this loan, and at that time you had no concern of any state law only when it comes time to pay do you look for an out. Well your state laws will not get you an out on this one. You are responsible now for the balance due. The settlement that I generously proposed has been revoked. You have a good one."


lrhall41

Submitted by on Tue, 11/30/2010 - 13:55

( Posts: | Credits: )


PAYDAY LOAN YES is illegal everywhere.check to see how much was borrowed,and how much debited prior to default.a couple of actual facts.

1)being as they are illegal you only owe the principle.
2)anything in so-called fees gets deducted from the loan.

for example:

you borrowe 300.00 from this scumeating turdpile of a pdl.they debit three times for 90.00.you only owe these knucklescrapers 30.00.they lie and inflate numbers and threaten because they can't do anything legal.first file a police report for the calls as that is harrassment.then file AG,AND FTC complaints.then when they call.hang up as they don't even deserve a response.forward all emails from these losers to your AG as part of your complaint.do that then ignore them.if yo do owe some $$$ they can either give an address,or get zip,squat,nada,bupkiss.


lrhall41

Submitted by paulmergel on Tue, 11/30/2010 - 14:09

( Posts: 15514 | Credits: )


Payday Loan Yes is also known as Cash Net 500, Global Payday, USA Cash Express . These are the addresses:

Global Payday Loan, LLC
PO Box 572037
Murray, UT 84157-2037
Telephone: (88 227-4638 ext. 528
Payday-Loan-Yes.com

Payday-Loan-Yes
1609 N. Latrobe Ave.
Chicago, IL 60639
Telephone: (800) 550-6051
payday-loan-yes.com


lrhall41

Submitted by paulcahill80 on Tue, 11/30/2010 - 14:28

( Posts: 2359 | Credits: )