Pay day Loan questions
Date: Fri, 05/25/2012 - 05:47
I Live in Massachusetts and through this site found out payday loans are illegal in my state. I have three of them out.
Payday MAX $350.00 paid $240.00
National Credit Line $300.00 Paid zero 0
Mobile Loans $300 paid $120.00
I ave already emailed PDM and National Credit line revocation and cease and desit letters and thats why National Credit line has not received any money yet. I have not done anything with mobile Loans as I am not sure if they are licensed or not but likely still illegal here in MA because of our payday loan laws. I have opened a new checking account and am going to close my old one. None of the lenders have attemted any contact via phone or email. I did request they not call references, my place of employemnt and only to contact me via email. The letters were emailed about a week ago and thus far no response and the only way I will repay is via my terms which is a prepaid debit car and monthly payments. Any other advise would be appreciated as well as finding more about mobile loans and if they are legal. I'd like to send them an email asking the same as I did for the other two lenders.
Payday MAX $350.00 paid $240.00
National Credit Line $300.00 Paid zero 0
Mobile Loans $300 paid $120.00
I ave already emailed PDM and National Credit line revocation and cease and desit letters and thats why National Credit line has not received any money yet. I have not done anything with mobile Loans as I am not sure if they are licensed or not but likely still illegal here in MA because of our payday loan laws. I have opened a new checking account and am going to close my old one. None of the lenders have attemted any contact via phone or email. I did request they not call references, my place of employemnt and only to contact me via email. The letters were emailed about a week ago and thus far no response and the only way I will repay is via my terms which is a prepaid debit car and monthly payments. Any other advise would be appreciated as well as finding more about mobile loans and if they are legal. I'd like to send them an email asking the same as I did for the other two lenders.
Since PDL's are illegal in MA, none of yours would be either.
Since PDL's are illegal in MA, none of yours would be either.
The problem is that sending C&D letters and telling lenders not
The problem is that sending C&D letters and telling lenders not to contact you at work or harass your relations is pretty much pointless simply because such regulatory actions under the FDCPA are only applicable to third party collectors, not to the original creditors.
