getting started

Once they realize they can't get at your money, they'll start calling. Just don't fall for their BS. Stick to your guns :)

It takes a pretty long time (1-2 weeks) for the ledners to respond to your initial revocation emails. Keep us updated. Make sure you close and reopen a new account at your bank.

Some you won't ever hear from again - or you'll start getting suspicious calls saying you're going to be arrested or served at work or that you social security number is going to be downloaded.

Some will start calling immediately.

It really depends on the lender.

Don't forget to close your bank account and open up a new account. You can't rely on the Payday Lenders to honour your revocation.

I always wondered if it hurts to be downloaded. :D
Seriously, if you do get calls saying that you are going to be arrested, blow whistles into the phone, blow Justin Bieber CD's; blow smoke into the phone, because it's all a big load of u-know-what. In California, you CAN NOT BE ARRESTED for defaulting on a PDL, OK? I should know, lol.

Just received this from Plain Green....One down 4 to go! :D

Please be advised that this communication is for the purpose of collecting a debt. Any information obtained may be used to collect the debt. We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report.


[COLOR=black]Dear Ms. Abrons:[/COLOR]
[COLOR=black]Your correspondence has been directed to me for review and I thank you for the opportunity to assist you at this time.[/COLOR]
[COLOR=black]We understand that all situations are different and would like to offer you the opportunity to pay the remaining principal balance of your current loan in the amount of $1419.65. We suggest ten (10) monthly payments in the amount of $141.97 to settle this account. Payments would begin on September 30, 2012[/COLOR][SIZE=3][FONT=Calibri]. [COLOR=black][FONT=Verdana][/FONT][/COLOR][/FONT][/SIZE]
[COLOR=black]To further clarity your questions regarding the legality of this loan, Plain Green is organized under the laws of the Chippewa-Cree Tribe of the Rocky Boy???s Indian Reservation of Montana (???Chippewa-Cree???). Plain Green is owned by the Chippewa-Cree, and operates exclusively on land owned by the Chippewa-Cree. As such, Plain Green stands as an ???Arm of the Tribe,??? in the view of the United States state and federal courts. Therefore, loans made by an arm of a sovereign Indian nation are not subject to state law. This is NOT a payday loan. [/COLOR]
[COLOR=black]This letter is written to help you understand that Plain Green and its loan contracts are governed exclusively by the laws of the Chippewa-Cree. [/COLOR]
[COLOR=black]Pursuant to your request, we have removed your contact numbers from our system and we will make no further ACH debits from your account. [/COLOR]
[COLOR=black]Please reply to this email if you accept this offer to settle your account and we can set up a payment plan.[/COLOR]
[COLOR=black]
Sincerely, [/COLOR]
[COLOR=black]Plain Green Loans[/COLOR]

great news! Keep the PIF in a safe place for future reference if needed.

SORRY! I misread the post. At least they won't be able to get any more money from you

Well here's an update...I received an email from Ann at PDL support regarding my Everest Cash Advance email saying they won't discuss my account with me via email due to "security reasons" so I had to call or do live chat. I did started a live chat with "Angie" and this what happened before she ended our conversation while I was in the middle of typing:


Enter an email address where the chat transcript will be sent after the chat ends.
Your Email:


[Angie] Hello, my name is Angie. Could you please verify your email address and the name of the lending company so that I may retrieve your account information?

[Visitor] [email]pstillfly02@yahoo.com[/email] Everest Cash Advance

[Angie] [COLOR=black]Could you please verify the last four digits of your social security number?[/COLOR]

[Visitor] XXX

[Angie] How may I assist you today?

[Visitor] It has come to my attention 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 or anywhere in the United States, the loan contract I have with you is not valid as per California law:

Legal Status: Legal (must be licensed in CA)
Laws: Cal. Fin. Code 23000 to 23106

Maximum Loan Amount: $300
Loan Term: Maximum to 31 days
Maximum Finance Charge for 14-day $100 loan: $17.65
APR for 14-day $100 loan: 459%

Maximum Number of Outstanding Loans at One Time: One
Rollovers Permitted: None (cannot charge fee for extension)
Cooling-Off Period: None
Repayment Plan: Voluntary (no fees may be charged in conjunction with payment plan)

Collection Fees: $15 NSF fee
Criminal Actions: Prohibited

I received a loan from your company on 7/31/2012 in the amount of $500.00. At this time I have made (2) $150.00 payments which should leave my principal balance at $200.00. Although I am not legally required to do so, I am willing to repay the principal balance to this loan ONLY. I am willing to setup payment arrangements with your company to pay the remaining balance of $200.00.


[Angie] The loan which you took via the World Wide Web is governed by the laws of the Caribbean State of Nevis, West Indies.

[Angie] The laws of the state of California are, therefore, not applicable.

[Angie] Your current balance is $650 which includes a principal of $500 and a finance fee of $150.

[Angie] Your payment options are as follows:
1. Extend the loan. In this case, we would just collect the finance fee on your due date. You do not have to notify us if you will be extending the loan, as we will do it for you automatically.
2. Pay back the loan in full plus the finance fee on the due date.
3. Pay back a portion of your loan and your finance fee. This is a convenient way to pay back your loan over a longer period of time and reduce your fees.


[Visitor] I am not a resident of the West Indies. I am a resident of the state of California and since you are attempting to do business in CA (illegally might I add) you must follows the regualtions of MY state. I am only bound by the laws of MY state.

[Angie] The balance of your loan stands as stated above.

[Angie] If you wish to pay the loan in full a total of $650 is due.

[Angie] Otherwise, you are welcome to choose one of the other two payment options for your upcoming due date on 9/17.

[Visitor] Your company provided my an illegal loan. I have currently paid $300 back towards this loan and I have an outstanding balance of $200. Though I am NOT legally obliagted to pay this back, I feel that it is my moral obligation to do so because I did borrow the money. I am willing to pay only $200 back.

[Angie] You may pay only $200 on your 9/17 due date if you wish, however, this will not be a full payment of the debt owed.

[Angie] Would you like me to schedule a payment of $200 at this time?

[Angie] The remaining principal balance will be $450 with a finance fee of $135 for the following due date on 10/1.

[Angie] Are you still there?

[Visitor] I have already alerted my bank to stop ACH payemnts to your company and I sent over a copy of that letter yesterday to [email]customersupport@everestcashadvance.com[/email]

[Angie] Please be advised, if the payments are stopped your accoutn with Everest Cash Advance will be forwarded to our internal collections department for handling.

[Angie] *account

[Visitor] I do not agree to your terms or your calculations. If you can provide me with a mailing address I would be more than happy to send in a payment for $200. At that time my account will be considered paid in full.

[Angie] I have advised to the balance and the process which will occur if the debits for payment are stopped.

[Angie] We are not able to process payments by mail nor would a payment of $200 pay the total balance due.

[Angie] Is there anything else I can assist you with at this time?

[Visitor] Your lending practices are illegal in the state of California. Everest Cash Advance is not licensed by the California Department of Corporations to offer payday loans to it's residents.

[Angie] I understand what you have stated and have advised accordingly.

[Angie] Is there anything else I can assist you with at this time?

[Visitor] I have filed complaints against your company with the California Department of Corporations and the State Attorney General's Office

[Visitor] I will follow through with complaints to the FTC as well.

[Angie] Is there anything else I can assist you with Porscha?

[Angie] Thank you and have a wonderful day!


Seems like they are going to give me the run around which I fine by me because I will not back down. If I have to do a live chat everyday or email them everyday to get my point across, then so be it.

Why bother? As long as your bank account is safe then just tell them to take the 200 or drop dead.

Reminds me of the Capital One commercial starring "Peggy", a pretty beefy guy with a Russian accent working the phones from his house in the ghetto....what a robot!

So I just received a call from IdealGelt about my payment getting returned to them due to ACH revocation I placed on my account. I told the lady that on my $500 loan I have already paid back $300 and would be willing to setup arrangements to pay the remaining $200...she told me that my current balace is $850 and there is no way that they would be willing to write off $650. I told her I don't care I owe $200 and that's all that I intend on paying she said she was going to send my account to a 3rd party collection agency. Oh well

When the CA contacts you send them a cease and desist. Call the lady back and ask her if she wants your 200 or not.

I posted earlier about a phone call I had with Ideal Gelt and basically the lady said she was going to send my account to a third party collection agency and I told her fine. I just checked my account with them and this is what it shows that my account balance is now $175 (not the $850 it was orginally showing) and the status is listed as Collections.

I'm not sure what I should do...in theory I only owed them $200 from the original $500 loan but now I wonder if I should just call them and settle the $175 it shows me owing. Any comments or suggestions would be very helpful! Thanks!
Status: Collections Due Date: 9/14/2012 Balance: $175.00

Id jump on this - call up and say you want to pay the 150 balance in full. Confirm that will pay your account in full. Act like you never even spoke to the lady earlier.

Can a cease and desist letter be given to a payday loan company (Everest Cash Advance) or are those just for collection agencies? Everest can't seem to get it through their heads that I am not paying them over $800 and they kindly told me they would continue to call me (which doesn't really bother me because they're only calling my cell phone and I can put them on auto reject)? Just wondering if that was an option. Thanks!

You can send one but it's really a waste of your time. They're already breaking the law. They aren't going to abide by your C&D. Just ignore the calls. They'll tire of calling you eventually.

It's been almost a month now and I hadn't heard a peep from Idealgelt until today. I've been emailing someone back and forth all morning telling them I am not going to pay what they think I owe and standing my ground. I sent the rep California state law regarding payday loans and license information and he responds to me
[COLOR=black][/COLOR]
Dear Porscha,

Idealgelt has an International License. Your full balance is due; if you don???t want to pay just let us know and we wont bother you and send you to 3rd party.
[COLOR=black][/COLOR]
Send me to a 3rd party and I'll send them a cease and desist letter, but my question is there even a such thing as an international license?!?!?

Hi,
It looks as though you've been successful in receiving answers to a lot of your questions. I'm going through the same issue, however, I'm trying to find out if the following online payday lenders are illegal in Illinois: Cash Taxi, 500fast Cash, Integrity Advance and My Next Day Cash. Also, do you happen to have a sample copy of how a revocation of wage assignment is to read and are these normally accepted by employers?
Thanks!

Quote:

Cash Taxi...NEVER HEARD OF THEM...WEBSITE??
500fast Cash, ILLEGAL TRIBAL
Integrity Advance ILLEGAL OFFSHORE
My Next Day Cash...ILLEGAL OFFSHORE..NEVIS

Follow the link in my signature line for information on how to deal with them.

Cash taxi is offshore

Just a quick update....I've now gotten two PIF emails from Plain Green and MobiLoans! Two down 3 to go! :D

Wonderful news! :p

Congratulations on the two PIF's....