Quick Click Loans - settlements?

What state are you in? Was this One Click Cash or One Click Loans? Did you obtain a loan from them? If so, how much did you borrow and how much did you pay back? Was it obtained on the Internet? Is this law firm representing One Click or do they own the debt?

By the way, did you receive this "print out" in the mail?

I beg your pardon, I see that it was Quick Click Loans, I still need the answer to the other questions before I can respond.

You know, something is fishy about all this, because Quick Click Loans has a Georgia address, and payday loans are prohibited in that state.

Awaiting the answers to my questions. :)

I answered this yesterday and don't see it posted.

I'm not sure what happened to my answers - but here they are again. Quick Click Loans is an installment loan. I don't remember if I took a loan out with them or not. It was a time when my divorce was going on and I was just trying to survive. The "validation" they sent me was a one page verification showing "quick click loan" and the amount of $3,053 and that was it. Nothing else. The summons, according to the court docket, is on it's way. What should I do?:confused:

first i never heard of that second check with YOUR court clerk to see if this is legit .sounds very fishy to me as you get the summons first then when you answer then you get the docket,or case#.also that paper is a dunning letter.just the basics and doesn't validate a thing.if this is legit then demand validation during discovery,but find out if this is real first,and not an illegal tactic by a bottomfeeder.

The case appears on the website that shows all the cases filed in the county. So - I believe they have actually filed. Do you think I need to go ahead and send a second validation request to the attorney listed?

If you sent them a validation request, did you send it certified mail return receipt requested? Did you obtain a loan from Quick Click Loans via the Internet? What state are you in? How much did you borrow and how much did you pay back? About when (approximate date) was this loan acquired?

Quote:

The problem is - I may have gotten a loan, but somewhere in midst of the divorce and all the other money issues - it may have been overlooked. I just don't know. It would have been over the internet. I would have no idea the original amount, since I don't remember the loan.

I sent the validation request, certified, return receipt. The "validation" they sent me was on the Attorney's letterhead, "Underwood Law Firm". In searching the internet for their information, I see they are a debt collector - law firm. I don't see anything else listed for them. They are out of St. Louis, Missouri. That is the law firm that is listed on the county's case.net file. I just don't know what my next step should be?:confused:

Well, if the validation they sent to you was typed out on one of their letterheads that is not proper validation, it's basically hearsay. If there isn't a court date set yet, and a summons is on it's way (like you said) then wait and see what the summons says. You might need to do your homework is you want to win this case. You will need to prove the validation they provided is not proper. I am going to forward this topic to skydvr, he is an expert in this area and can tell you how to proceed. Check back here often so you will be available to reply to his questions, if needed. Meanwhile I will give you a couple of links to read over regarding debt validation.
http://www.expertlaw.com/library/consumer/fair_debt_collection.html#6
http://www.pennlawyer.com/fdcpa.htm

Thank you so much. I appreciate any help you all can give me. I was finally starting to see light at the end of the tunnel and up comes this.

Don't let this get you down, just hang in there, I have forwarded the link to this topic to skydvr. Keep checking back!

Hiya--

Sorry to have kept ya waiting...

I will get into more detail later tonight after work, but I wanted to drop in and let you know that I have seen the thread. Please let me know when you get the summons. I have some questions but no time to post them now....so I will get to those when I get back home.

good to see ya skydiver,and i'm posting because while it's rare for an illegal to file an action.it has happened.remember mr cali,and my cash now?he was served at an old address and his daughter gave him the summons.it turns out that there was about ten other people besides him that had been served as well.he was the only one to show up as we advised him to.just saying it's rare,but it happens.just stay tuned for skydivers questions anita77.we all will help you with this.

Thanks - I'll await the answers. Remember, I don't think Quick Click Loans is considered a payday loan. I believe they are an installment loan of some type. Same high interest, but from I've looked up, they seem to be an installment loan/contract.

Well, even if they are an installment loan, Missouri's usury laws allow a maximum of 9% interest on such a loan. Charging you 96% interest is absolutely not allowed from what I can see--especially with the fact that 96% interest annually means that they are literally jacking you for money. Their loans are paid off over a period of time like two or three YEARS.....and every year, the money you owe them basically just doubles. I dont see any way at all for this loan to be legal from what I have found so far. Usually, these lenders try to get around the usury law by doing payday loans--very short term loans. They do it with short-term loans because most people will never notice how drastic the interest rate is on a 30 day loan. But a loan that takes you a couple years to pay back? WOW....

Please do let me know when you get the summons. I am going to ask that you email me or use the PM feature on this forum, because some debt collectors look on this website. That way, what we discuss will not be broadcast to anyone that shouldnt be seeing it.

Thank you so much for your help. I will PM you when I get the summons. I appreciate your help. How do I proceed with this once I get the summons? (I'm sure that's what you'll tell me when I get the summons.) I am just so worried about getting it.

Thanks again.

well i have one other question.dosn't missouri have a CSO database as if they say they are an installment loan then they still must be registered as A CSO(credit service organization).yes please let skydiver know when/if you get the summons.i would be real interested as well.

I'm sorry. I don't know what that is.

well if a place does installment loans,and not pdl's they are CSO'S.meaning they still have to be registered in your state to lend.go to your state's DFI(dept of financial institutions)website and see if they are registered.if not then they can spin it however they want.they lent you illegaly,but check that out first.

I have the same situation. please let us know what happen to you with Quick Click.

thanks,

I am finally getting my summons on quickclick loans llc. I'm not sure what to do now. I have a one page loan installment agreement for $1100 principle, making payments for 24 months at an interest rate of 96%. Is there a usury law problem here? Can someone advise me on what my next move should be?

Who is summonsing you, the court?

Also, what state are you in?

Yes, the court. The sheriff left a card in my door yesterday. I'm from Missouri.

So, quickclick loans llc is licensed to lend in your state, answer is here - http://www.quickclickloans.com/printableforms/QuickClick/MO/MO-license.pdf

I would see what the summons states!

So - What will be my next step - should I get an attorney (that I can't afford) answer the summons, file a counter-suit for the usury, contact the lawyer (quickclick's) and talk? I have no idea what to do now.