PDL Hell
Date: Mon, 04/09/2012 - 18:28
Vip Loan Shop $500
Sure Advance $500
Cash Direct Express $500
All three are over 7 months old and all three have taken $100 plus twice a month from my bank account. VIP and Sure Advance have been taking a additional $50 twice a month to "apply to balance". Hower they are now demanding $750.00
I closed my bank account t o stop them from sucking my blood dry. I was immediaetly contacted by collection agencies. I ask for loan validation. Two agencies refused. Vip sent a e mail with loan documents stating company was located in West Indies!.
As expected they have called my employers and family. Today I received:confused::confused: collection letter from Sure Advance and Cash Direct stating I had 30 days to dispute validity of loan.. What should I do?
These loans are all illegal. VIP is offshore. The other 2 are
These loans are all illegal. VIP is offshore. The other 2 are DE based and they expect you to follow DE law, not the laws of Texas. Texas laws state rollovers are NOT permitted.
Report them to the FTC and your state ag.
Do what Soaplady says and go through "How to Deal with Illegal L
Do what Soaplady says and go through "How to Deal with Illegal Loans..OhioGal's Primer" link in her signature.
PDL HELL in TEXAS
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Thank you for the wonderful advise. I followed it just as you stated. I have these results.
VIP Loan started harassing phone calls representing them selves as PDL Support.
The refused to give me a valid e mail address or phone number They refused to validate.. They called sometimes 10/12 times a day. I eventually put a block on my phone . I haven't received anything in writing from them.
I sent Alliance Asset Management two separate certified letters requesting validation on Sure Advance Loan and Cash Direct Express. I received in return mail one computer generated form from Sure Advance web site as validation. No physical address only a email and no date. No payment schedule are document showing payments made
My question is this.. Is Alliance Asset Management a registered legal CA in Texas?
Is Sure Advance a registered PDL in Texas..
What exactly is a roll over?
What is my next step?
Thanks again for your invaluable help
Next Step?
Thank you for your wonderful advice. I followed it exactly as you suggested. Nt results was this.
VIP Loan shop started harassing calls representing themselves as PDL Support
Thank God for this forum because they tried every trick in the book fortunately I had read about most of them on this forum and was prepared. Eventually it came down to they refused to validate, give me a legal address other than a PO box I was suppose to mail a money order too. They gave me no phone number that wasn't just a voicemail on a internet phone.. etc etc. They called me sometimes 12/20 times a day. I put a block on my phone. They have not contacted me in writing.
I received dunning letters from a CA called Alliance Asset Management For the Sure Advance And Cash Direct loans.. I sent them validation requests per your advice. I sent to separate letters one for each loan and both certified. Several weeks later a received a computer generated form from Sure Advance website.
No physical address. A phone number no one ever answers. No payment schedule or date. It did however have my name as having signed the document.
My questions are as follows.
1. Is Alliance Asset Management In Wooddale ILlicensed debt collector in Texas
2. Is Sure Advance a legal PDL loan in Texas
3. What exactly is a roll over>
4. What is my next step.
Again, Thankytou so much