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Ameriloan

Date: Wed, 12/19/2012 - 07:15

Submitted by anonymous
on Wed, 12/19/2012 - 07:15

Posts: 202330 Credits: [Donate]

Total Replies: 15


Is Ameriloan illegal in ALL STATES? I reside in Michigan. I am dealing with them now. They have placed my account in "compliance" an I must now communicate via via and fax. They do not respond to either. What are my next steps? I have paid $660 thus far on a $500 before cutting off communication with me they said my next payment would be $220

Thank you in advance.


I posted on the 17th.. I did get any responses... Maybe someone in here can help

I live in mississippi: I followed the steps in regards to dealing with illegal payday lenders, after looking at the laws in my state regard payday lenders. Hydra fund sent me a response back stating they are not bound by the laws of the United states, but the laws of new zeland and I need to send asap a new zeland. Should I even Respond to there email? Any advice???

All loans are online payday lenders-Non are licensed in my state, per my state loans rollovers not permitted, each one these engages in rollovers etc...

Hydra fund 200-paid 420 already-sent letter requesting refund

Cmb processing-200-Paid 460 already-sent letter requesting refund

Mycash now-430-paid 342 already-owe 88-sent letter advising that willing to pray remaining prinicple only,once provided with address to remit payment


lrhall41

Submitted by anonymous on Wed, 12/19/2012 - 10:21

( Posts: 202330 | Credits: )


In the forums under payday loan help - in the forums at the top where the sticky's are: Dealing with Unlicensed Payday Lenders (step by step) - go there and that is the link I am trying to send..


lrhall41

Submitted by HelpinAZ on Wed, 12/19/2012 - 08:49

( Posts: 1870 | Credits: )


Thank you for the link.
Is closing my checking acct the only way to stop them? I've had my acct for 20+ years ; (
They are scheduled to withdraw on the 28th


lrhall41

Submitted by anonymous on Wed, 12/19/2012 - 07:57

( Posts: 202330 | Credits: )


My post are getting stuck - since you have already notified them, I would make sure my bank account is secure from them - I recommend closing the old account and opening another in no way linked to the first.. When is the payment due? Once I can I will get you a link on the steps


lrhall41

Submitted by HelpinAZ on Wed, 12/19/2012 - 07:49

( Posts: 1870 | Credits: )


yes, really it is, they will attempt to debit under other names and amounts... when did you notify them? Like I said I am surprised they didn't try then...

You bank should have no problem helping you then, tell them to lock the other down as compromised. and close it out and just open another - you won't lose your history with them.

Did you get the link? I am not seeing it...


lrhall41

Submitted by HelpinAZ on Wed, 12/19/2012 - 08:00

( Posts: 1870 | Credits: )


Yes they are illegal in all states - due to tribal status... did you send them a letter revoking ACH authorization? is that why they place you in compliance? You want to only communicate via email, mail or fax only that way you have documentation. you owe them nothing - they owe you a refund of $160.00 - you can request, not saying they will send.. Your bank account is secure correct? Demand they send you a paid in full..


lrhall41

Submitted by HelpinAZ on Wed, 12/19/2012 - 07:19

( Posts: 1870 | Credits: )


Thank you so much or your reply. No, I don't know anything about a C&D letter. Where may I find that? I'm assuming they placed me in compliance because I told them what they were doing was illegal. (I wasn't sure if it was or not but figured I would throw it out there ; )
They are not responding to e what so ever.
How am I to secure my bank account?
I really appreciate your assistance.


lrhall41

Submitted by anonymous on Wed, 12/19/2012 - 07:28

( Posts: 202330 | Credits: )


It sounds like you have already - followed the link.from above. When did you send out the letters - 2 days ago? Did you make sure your bank account was secure first? I would ignore Hydra fund 200 - offshore lenders are illegal... you have already paid back principal.. Unless you flew to NZ and took out the loan..


lrhall41

Submitted by HelpinAZ on Wed, 12/19/2012 - 11:26

( Posts: 1870 | Credits: )


Go your tread back to you - Got Leah back on her's -- If you need any more help - please ask..


lrhall41

Submitted by HelpinAZ on Wed, 12/19/2012 - 12:47

( Posts: 1870 | Credits: )