Letter for Plain Green Loans
Date: Sun, 09/30/2012 - 16:45
Plain Green Loans,
It has come to my attention that payday loans are prohibited in my state. Therefore, the loan contract that I have with you, according to my state’s laws, is not enforceable. I have contacted the Arizona Office of Financial Institutions and the Arizona State Attorney General’s Office regarding your internet payday loans and was informed they are indeed illegal in Arizona and was advised to pay what is due according to principle amount only of the loan. Although I am not legally required to do so, I am willing to repay the principal balance of this loan. To date, I received 2 deposits of $800 each, one on 11/15/2011 for one on 8/10/2012, and have had 17 bi-weekly withdrawals of $130.57, 1 withdrawal of $120.70 and then 2 more bi-weekly withdrawals of 131.25 debited from my account. This results in an overpayment of $1002.89.
At this time I am requesting a return email acknowledging that my loan has been paid in full. Also, I would like a refund of the $1002.89 overpayment. A refund check of $1002.89 should be mailed to me at the address you have on file.
I am also revoking authorization for ACH withdrawals and any wage assignment I may have signed. I have given a copy of these revocations to both my bank and my employer. Any future attempts to collect funds in this manner will be blocked.
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 state Attorney General's Office.
I 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.
Please respond to this email with acknowledgment that my account has been satisfied in full. Details of when I can expect the refund check, as discussed above, should also be included in the email
They are not a payday loan. They are an installment loan - refle
They are not a payday loan. They are an installment loan - reflect that in your letter. They are illegal regardless but that is going to delay you getting a real response.. they are gonna say this old line -
"We appreciate consumers who look up the relevant laws. However we are not a payday lender, we are an installment lender" or some garbage.
This one too??
Plain Green Loans,
It has come to my attention that this loan is illegal in my state, due to usury caps in place in Arizona. Therefore, the loan contract that I have with you, according to my state???s laws, is not enforceable. I have contacted the Arizona Office of Financial Institutions and the Arizona State Attorney General???s Office regarding your internet loans and was informed they are indeed illegal in Arizona and was advised to pay what is due according to principle amount only of the loan. Although I am not legally required to do so, I am willing to repay the principal balance of this loan. To date, I received 2 deposits of $800 each, one on 11/15/2011 for one on 8/10/2012, and have had 17 bi-weekly withdrawals of $130.57, 1 withdrawal of $120.70 and then 2 more bi-weekly withdrawals of 131.25 debited from my account. This results in an overpayment of $1002.89.
At this time I am requesting a return email acknowledging that my loan has been paid in full. Also, I would like a refund of the $1002.89 overpayment. A refund check of $1002.89 should be mailed to me at the address you have on file.
I am also revoking authorization for ACH withdrawals and any wage assignment I may have signed. I have given a copy of these revocations to both my bank and my employer. Any future attempts to collect funds in this manner will be blocked.
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 state Attorney General's Office.
I prohibit you or your affiliates to contact me via telephone at my place of employment, my home or cell telephone number. I also prohibit you from calling my references listed on my loan.
Please respond to this email with acknowledgment that my account has been satisfied in full. Details of when I can expect the refund check, as discussed above, should also be included in the email
I changed the beginning of all of my letters to this: to all 3 l
I changed the beginning of all of my letters to this: to all 3 lenders - Plain Green, Great Plains, and Wester Sky/ Cash Call
It has come to my attention that this loan is illegal in my state, due the Small Loan Rate Cap of 36% per year in place in Arizona and not being licensed to do business in Arizona. Therefore, the loan contract that I have with you, according to my state???s laws, is not enforceable. I have contacted the Arizona Office of Financial Institutions and the Arizona State Attorney General???s Office regarding your internet loans and was informed they are indeed illegal in Arizona and was advised to pay what is due according to principle amount only of the loan.
I think that this covers most of the issues, except for them being tribal.. I wasn't sure how to write that - If anyone has any other suggestions I will hold off printing for the bank until in the morning before I go to work...