Ameriloan Online Loan

Date: Mon, 01/17/2011 - 11:01

Submitted by anonymous
on Mon, 01/17/2011 - 11:01

Posts: 202330 Credits: [Donate]

Total Replies: 2

I took out a $250 PDL with Ameriloan in August of 2010, I live in Utah,. I have paid 3 payments of $75 each. So in total i have paid them $225. I have missed the last 2 payments, and now my balance with them is $490. How should I go about tackling that $490 balance? Am I legally obligated to pay them that much? That is 2 times the original PDL and I have already paid them $225. Any information on what I should do would be great! Thank you very much!

Hi there, I am doing a little research on the subject and will r

Hi there, I am doing a little research on the subject and will return shortly.

lrhall41

Submitted by Shazzers on Mon, 01/17/2011 - 11:58

( Posts: 17344 | Credits: )

What you need to do is close your account. I know it's inconveni

What you need to do is close your account. I know it's inconvenient, but the truth of the matter is Ameriloan is an illegal lender. They won't stop debiting your account, even if you exercise your rights with the EFTA law, and revoke their ACH rights, they won't listen, they will just debit under another name. They have several alias's.
Ameriloan a/k/a CLK Management/AMG Services. Those are just the ones we know about, they most likely have more.

The worst part is, they will sell or share your account information to other illegal lenders. So, in order to fully protect yourself, you need to close your account! All that you owe them is the amount you borrowed, less any payments you have already made. They are not entitled to fees and interest! [URL=http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html]CLICK HERE[/URL] to find out how to deal with illegal lenders.

lrhall41

Submitted by Shazzers on Mon, 01/17/2011 - 12:04

( Posts: 17344 | Credits: )