Lendingbooth.com-and question on overpayment of principal?
Date: Thu, 05/02/2013 - 18:18
So far I have loans with:
Cashcall/WS
Great Plains Lending
Plain Green Loans
Lendingbooth.com
Ameriloan
Cashnetusa
500fastcash
From what I have gathered by looking on this site, it seems that Cashnetusa is the only "Legal" lender, but I havent heard anything about Lendingbooth.com. Does anyone know anything on this one?
Also, most of my loans have an overpaid principal. I found the form letter to send out to these lending companies, but I was curious if anyone ever recieves their money back, and how long does it typically take?
Do know that CashNet USA is
Do know that CashNet USA is legal, not sure about lendingbooth.com. Other posters on here have received refunds, depends on lenders some will refund, others will not. Not sure how long it takes before refunds are issued, again depends on the lenders
LendingBooth is tribal
Lendingbooth is a tribal lender. The small print on their site states "LendingBooth.com is a lending entity wholly owned by the Guidiville Band of Pomo Indians of the Guidiville Indian Rancheria, a sovereign nation located within the United States of America. LendingBooth.com is a privately owned Native American company operating within the boundaries of the Guidiville Indian Rancheria in Mendocino County, CA." They are illegal everywhere
Thanks for all the responses!
Thanks for all the responses! What about signmyloan.net? Is that a legal lender?
They are Offshore - So NO!
They are Offshore - So NO!
Aboriginal GR Enterprises
P.O. Box 88491
418 Main Street
Vancouver, BC V6A 4A7
Treat the same way as others not licensed and legal to lend - What state are you in? Here is the link to help deal with them: http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
I am in Illinois. I recieved
I am in Illinois. I recieved a prompt response from signmyloan.net. I had a 520 loan with them, paying 121 per month since january. I sent the form ACH revocation, and told them I would pay off the remaining principal in 2 payments of 79 dollars and they accepted! Small victory for me, it seems?
wait a minute
how many 121.00 debits were taken?if four then you only owe 36.00.were three 121.00 debits taken?that sounds like it.now you pay them with money orders and when you can.don't let them dictate a thing.you are in control.
february, march, and april
february, march, and april were taken in the amounts of 121. closed my bank account before the may payment could come through. :)
Great News on signmyloan.net
Great News on signmyloan.net - remember to pay by money order CMRRR or prepaid card with only the amount you want them to take. I am showing $157.00 balance so $78.50 each payment.
thank you! now if only the
thank you! now if only the others would respond as quickly as they did... since finding this site and realizing there IS a way out of PDL hell, you have given me hope that this will not ruin me as much as the sleepless nights led me to believe!
also, most of my loans owe me an overpayment. :( im sure i wont ever see those, but has anyone gotten any with success?
quick update: looks like
quick update: looks like signmyloan.net, the original loan amount was 400 (with a 120 fee) so that makes my remainder to pay off the principal $37! They accepted that as a payment term and will consider my account PIF once they receieve the money order. happy!
You are welcome. There are
You are welcome. There are othere here that have received refunds, myself included. It depends on the lenders, some will and some won't.
another update..
cashnetusa (the only 'legal' one among the bunch) responded to my ACH revocation, and said if I pay 315 by 5/22, they will consider my account paid in full. pretty glad for that one, it was a 300 loan taken out in april so i havent made a payment yet.
still havent heard from any of the others though... i am way too impatient!