Vandelier offer: how should I proceed, please?
Date: Tue, 07/03/2012 - 14:18
Hi!
I receive this email today:
"We respect a consumer who researches the services to which they use. With that being said when you applied for and agreed to the terms of the loan, it would have behooved you to read the complete contract you agreed to with Vandelier Group. You are a citizen of California, however the contract was not made in California. The contract was completed via the world wide web, the governing law (clearly outlined in your contract) which you agreed to by your legal e-signature are the laws of the jurisdiction in which the lender is located. Per our notes you contacted our office a number of times, speaking to several of our representatives from April 25 to June 5 – asking to skip payments and setting up and cancelling payoff arrangements. In fact you spoke with Matt on May 9th to set up a payoff and then talked to Steven on May 14 to cancel and just pay the $90 Service Charge. However, since you are now disputing the loan at this time we will help you settle this account for the remainder of the original balance of $120. Please contact our office to set arrangements. We will be denying your application for further lending. "
In response to my below email:
"It has come to my attention that payday lenders must be licensed by the state of California in order to offer loans to its residents. Since your company has no license in my state, the loan contract I have with you is not valid. Also, under California law the maximum fee you can charge is $45. Your fee is $90. I hereby revoke any and all ACH debit authorizations with your company from debiting any of my personal accounts, per Federal law, Regulation E Section 205.10 Preauthorized transfers. I have closed my account with JP Morgan Chase to protect my interest in this matter, per instructions from the California Department of Finance. I also revoke any and all wage assignments I may or may not have signed with your company, I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes. I have notified my employer about this matter so any attempt to do so on your part will be rejected. I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my Attorney General Office. I also prohibit you or your affiliates to contact me via telephone at my place of employment or my home telephone number. I also prohibit you from calling my references listed on my loan. The legal amount that could have been charged to my loan is the principal amount, even if your Internet payday loan were legal anywhere in the U.S. I am willing to pay the principle amount of the loan only; however, this is only if you provide me with a physical address where I can send payments. To date, I received a deposit of $300, and have made 2 payments of $90 leaving a balance due of $120. I must also inform you that I will be filing complaints with the Better Business Bureau, the Federal Trade Commission, and the California Attorney General Office. I expect a response from your company regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted. Preauthorized transfers (a) A preauthorized electronic fund transfer from a consumer's account may be authorized by the consumer only in writing, and a copy of such authorization shall be provided to the consumer when made. A consumer may stop payment of a preauthorized electronic fund transfer by notifying the financial institution orally or in writing at any time up to three business days preceding the scheduled date of such transfer. The financial institution may require written confirmation to be provided to it within fourteen days of an oral notification if, when the oral notification is made, the consumer is advised of such requirement and the address to which such confirmation should be sent.(b) In the case of preauthorized transfers from a consumer's account to the same person which may vary in amount, the financial institution or designated payee shall, prior to each transfer, provide reasonable advance notice to the consumer, in accordance with regulations of the Board, of the amount to be transferred and the scheduled date of the transfer.[Codified to 15 U.S.C. 1693e"
Could you please tell me how to proceed from here on?
Thanks!
I receive this email today:
"We respect a consumer who researches the services to which they use. With that being said when you applied for and agreed to the terms of the loan, it would have behooved you to read the complete contract you agreed to with Vandelier Group. You are a citizen of California, however the contract was not made in California. The contract was completed via the world wide web, the governing law (clearly outlined in your contract) which you agreed to by your legal e-signature are the laws of the jurisdiction in which the lender is located. Per our notes you contacted our office a number of times, speaking to several of our representatives from April 25 to June 5 – asking to skip payments and setting up and cancelling payoff arrangements. In fact you spoke with Matt on May 9th to set up a payoff and then talked to Steven on May 14 to cancel and just pay the $90 Service Charge. However, since you are now disputing the loan at this time we will help you settle this account for the remainder of the original balance of $120. Please contact our office to set arrangements. We will be denying your application for further lending. "
In response to my below email:
"It has come to my attention that payday lenders must be licensed by the state of California in order to offer loans to its residents. Since your company has no license in my state, the loan contract I have with you is not valid. Also, under California law the maximum fee you can charge is $45. Your fee is $90. I hereby revoke any and all ACH debit authorizations with your company from debiting any of my personal accounts, per Federal law, Regulation E Section 205.10 Preauthorized transfers. I have closed my account with JP Morgan Chase to protect my interest in this matter, per instructions from the California Department of Finance. I also revoke any and all wage assignments I may or may not have signed with your company, I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes. I have notified my employer about this matter so any attempt to do so on your part will be rejected. I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my Attorney General Office. I also prohibit you or your affiliates to contact me via telephone at my place of employment or my home telephone number. I also prohibit you from calling my references listed on my loan. The legal amount that could have been charged to my loan is the principal amount, even if your Internet payday loan were legal anywhere in the U.S. I am willing to pay the principle amount of the loan only; however, this is only if you provide me with a physical address where I can send payments. To date, I received a deposit of $300, and have made 2 payments of $90 leaving a balance due of $120. I must also inform you that I will be filing complaints with the Better Business Bureau, the Federal Trade Commission, and the California Attorney General Office. I expect a response from your company regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted. Preauthorized transfers (a) A preauthorized electronic fund transfer from a consumer's account may be authorized by the consumer only in writing, and a copy of such authorization shall be provided to the consumer when made. A consumer may stop payment of a preauthorized electronic fund transfer by notifying the financial institution orally or in writing at any time up to three business days preceding the scheduled date of such transfer. The financial institution may require written confirmation to be provided to it within fourteen days of an oral notification if, when the oral notification is made, the consumer is advised of such requirement and the address to which such confirmation should be sent.(b) In the case of preauthorized transfers from a consumer's account to the same person which may vary in amount, the financial institution or designated payee shall, prior to each transfer, provide reasonable advance notice to the consumer, in accordance with regulations of the Board, of the amount to be transferred and the scheduled date of the transfer.[Codified to 15 U.S.C. 1693e"
Could you please tell me how to proceed from here on?
Thanks!
You are right on the mark with your response to that letter they
You are right on the mark with your response to that letter they sent you. Moreover, Vandellier is the same as the Anasazi Group, an illegal tribal lender.
Just read this and follow every instruction on the way:
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
Simply tell them to save their BS for some other poor soul that
Simply tell them to save their BS for some other poor soul that failed to educate themselves on the laws. Tell them to take the crap and shove it...the only laws that apply to you are the laws of the state YOU reside in.
They know it as well as you do.
do this
since in their ramble tamble they did offer to "settle"for the 120.00.contact them and state how you want to pay it.that means by money order to an address they give.i do love the last part about being denied future loans.like you would want another from them:rolleyes::rolleyes::rolleyes:.just reply how you want to pay the 120.00.see how they respond.money order only.
