Eastside lenders
Date: Fri, 11/30/2012 - 15:10
East Side Lenders, which is located in Delaware, is licensed by the State of Delaware to make small loans. All such loans are approved and funded in Delaware, with repayment to be made in Delaware. The East Side Lenders loan agreement and website contain all disclosures required by Delaware and federal law and make it clear that all transactions are governed by Delaware law. On the advice of counsel, East Side Lenders maintains that the choice of Delaware law as controlling in the loan documents would be upheld, as all of the significant contacts in the loan transaction occur in Delaware. The loan agreement is legal and enforceable. In responding to your correspondence, East Side Lenders notes and reserves all available legal and equitable objections to the points you have raised.
East Side Lenders provided this service as a convenience to you. We still consider your loan to be outstanding and are prepared to go to arbitration as provided for in the Loan Agreement between us. As an alternative, if you are experiencing financial hardship, we will be happy to speak to you about payment arrangements through which you can successfully meet your payment obligations. East Side Lenders will consider doing so because of our continuing commitment to servicing our customers and not because of a legal obligation to do so.
What should I do? Can they sue or legally pursue me?
Load of BS on their part... here is what you say. Dear Eastside
Load of BS on their part... here is what you say.
Dear Eastside Lenders,
Take my offer or go scratch yourself.
Love,
Your customer
I just emailed them back saying what I would be willing to do. W
I just emailed them back saying what I would be willing to do. Which is payback the original amount of 600. Told them I have already paid 415 so I will pay the 185 that I owe. But I will only pay via money order or prepaid debit card.
This is not the first loan I have had with them. I have had 2-3 loans with them already that I have paid for. Any chance of me getting any of that money back?
No - but you can recoup some of it by telling them that you will
No - but you can recoup some of it by telling them that you will be counting previous overpaid loans to this one. Sorry but if you had 2-3 previous loans with them you owe them nothing at this point.