Texas PDL Magum/Mobiloans
Date: Wed, 05/22/2013 - 14:44
Magnum Cash Advance: $1276
Mobiloans: $500
Plains Green: $1600
MyIncomeSciences: $650
All my loans I have overpaid.
I sent my first round of ACH revokes and emails last night and I already got a response from Magnum:
Our call center is in receipt of your letter and it was forwarded to the lender. This response is offered on behalf of the lender, International Cash Advance, Inc. (ICA). ICA, doing business as Magnum Cash Advance, is a British Virgin Islands (BVI) corporation. No solicitation or advertisement was offered in Texas by ICA. Customers must seek out ICA on the internet and apply on "their" web site. The choice of law governing your loan, The BVI, was clearly displayed on the web site and in the loan agreement you executed.
Regardless, the lender has no desire expending effort servicing a customer who does not appreciate the value of their installment
loan and revolving line of credit products that are designed to meet a cash flow crisis on a moment's notice. The Director of Operations for ICA has agreed to consider your loan from March 5, 2013 as paid in full. No further contact will be attempted and your account is now closed. Your request for a refund was not approved since all terms were disclosed on the first loan and any subsequent loans.
Call Center Services, Inc. (CCS) is an independent outsource call center provider. CCS assumes no role in establishing client policies, policy statements, or internal affairs.
Sincerely,
Magnum Cash Advance
Customer Service Department
This is the response I received from Mobiloans:
he request to update your personal information has been completed.
Your privacy is important to us and we want to make certain that you requested or authorized this action. If these changes were made in error or not authorized, please contact Customer Support at 877-836-1518.
Otherwise, no further action is necessary.
To view your account details at any time, login at www.mobiloans.com .
We thank you for using Mobiloans and appreciate your business. And remember...when you're on the go Mobiloans is your source for fast cash!
Sincerely,Not sure what to think about this one. When I logged into my account I still had a balance and it says I need to call them. I'm not sure I am going to call them or not.
This is total crap. This is
This is total crap. This is just the way to say that you won't get a refund. No need to call Mobiloans. It'll be very hard to get a refund from them too.
Seems like you settled the
Seems like you settled the score with Magnum Cash. That whole choice of law line is utter BS. Never fall for it.
The mail you got from Mobiloans looks like an automated response. If you have already revoked ACH\voluntary wage assignment, your money is safe and you can just relax. No point banging at their door. They will come looking for you.
Update from Mobiloans
Here is the response I received today:
Your correspondence has been directed to me for review.
We are sorry you are not satisfied with your Mobiloans Line of Credit. After reviewing your account history, we are willing to consider the account paid in full and will close your account from further activity.
To answer your questions regarding the legality of this loan, your Account Agreement indicates that your Account is governed by the laws of the Tunica-Biloxi Tribe of Louisiana, (the “Tribe”) a sovereign nation recognized by the United States of America. As such, the laws of the Tribe permit Mobiloans to offer the Account in accordance with Tribal law.
In addition, Mobiloans, LLC (“Mobiloans”) is organized under the laws of the Tribe, is owned and operated by the Tribe, and operates exclusively on land owned by the Tribe. As such, Mobiloans is an “arm of the Tribe,” and entitled to sovereign immunity and therefore not subject to any state laws.
In any event, pursuant to your request, we have removed your contact numbers from our system and we will make no further ACH debits from your account.
Thank you again for your time and consideration.
More typical BS....but print
More typical BS....but print the email as it states PIF just in case you need for future reference and congratulations.
So great news 2 down 2 to go!
So great news 2 down 2 to go!!
On these how much have you paid to date?
Plains Green: $1600
MyIncomeSciences: $650
To date I have paid $1900 to
To date I have paid $1900 to plains green and $850 to myincomesciences.
refunds
if those numbers are accurate then you are owed refunds.start mentioning that in your future emails to them.
When I logged into
When I logged into myincomesciences, my account said zero and no payments due. I haven't received any emails from them so I'm not sure. Also, my bank wanted me to dispute the charges and I did, I wonder if my bank will actually be able to recover any of my money.
for myincomesciences - make
for myincomesciences - make sure you print that page and file - another one down.. one more to go.. that should be shortly..
What happens when you log in to Plain Green?
When I log into Plain Green
When I log into Plain Green it tells me my account has been flagged for an invalid bank account. I still have not received a response from my emails.
Well at least with that you
Well at least with that you know they have received your letter - you should have at least gotten their generic response email back? They may just take a little longer to respond.. if you have not gotten anything by the end of this week - I would just resend the original email and remind them that you are demanding they send you a PIF on your account and a refund of $300.00
Well, I got my official
Well, I got my official response today. I'm so glad I found this website. Here is there response..
Your correspondence has been directed to me for review.
We are sorry you are not satisfied with your Plain Green Loan. At this time we have closed your account from further activity.
To further clarity your questions regarding the legality of this loan, Plain Green is organized under the laws of the Chippewa-Cree Tribe of the Rocky Boy’s Indian Reservation of Montana (“Chippewa-Cree”). Plain Green is owned by the Chippewa-Cree, and operates exclusively on land owned by the Chippewa-Cree. As such, Plain Green stands as an “Arm of the Tribe,” in the view of the United States state and federal courts. Therefore, loans made by an arm of a sovereign Indian nation are not subject to state law. This is NOT a payday loan.
This letter is written to help you understand that Plain Green and its loan contracts are governed exclusively by the laws of the Chippewa-Cree.
Pursuant to your request, we have removed your contact numbers from our system and we will make no further ACH debits from your account.
Thank you again for your time and consideration.
I don't ever think I will get a refund from any of these companys.
Great News... and probably
Great News... and probably not on the refund - I have been waiting since Oct..
What letter did you send
What letter did you send Mobiloans? I sent one to them about not being legal to lend in Texas and they told me that was incorrect. Also, when I spoke on the phone to them they said "Sir, the terms and conditions are on our website. If you don't pay in full, you have to pay the fixed finance charge".
My balance is $725 now ($600 loan) with a payment on $185 coming out on Friday. Shouldn't I be able to pay $415 on an EPP to balance it out in principal?
well
a legal storefront will do that,but illegal tribal trash won't.btw is 415 what you truly owe?never go by what they say as they will lie through their false teeth.the letters are in heplinaz's primer on dealing with illegal lenders.is 415.00 what you really owe?
My Magnum Experience
I contacted Magnum with a letter found on this site and got basically the same response as above:
Our call center is in receipt of your website contact form and it was forwarded to the lender. This response is offered on behalf of the lender, International Cash Advance, Inc. (ICA). ICA, doing business as Magnum Cash Advance, is a British Virgin Islands (BVI) corporation. No solicitation or advertisement was offered in Kentucky by ICA. Customers must seek out ICA on the internet and apply on "their" web site. The choice of law governing your loan, The BVI, was clearly displayed on the web site and in the loan agreement you executed.
The contract that you signed electronically states, “All applications, transactions, and credit decisions will be deemed to have taken place in BVI, regardless of where you may be viewing or accessing this site. Borrower is responsible for complying with any local statutory obligations that may exist in their state or area with respect to any transactions with ICA dba Magnum Cash Advance. If we approve your application, the disbursement of funds will be in compliance with ICA policy and headquarters in the BVI. Our transactions are governed by laws of the BVI. The laws of the British Virgin Islands governing consumer loan agreements may differ from the laws of Kentucky. If you do not want to enter into a consumer loan agreement subject to the laws of the BVI, you should apply for a loan at a provider located in Kentucky. All aspects and transactions on this site will be deemed to have taken place at our location in the BVI. This transaction shall be governed in accordance with the laws of the BVI without regard to its conflicts of law principles, regardless of the order in which the parties agree. The Agreement shall be deemed executed at our location in the BVI as designated herein. Your acceptance of our service confirms your prior acceptance of this Agreement and to jurisdiction located within the BVI."
Regardless, the lender has no desire expending effort servicing a customer who does not appreciate the value of their installment loan and revolving line of credit products that are designed to meet a cash flow crisis on a moment's notice. The Director of Operations for ICA has agreed to consider your loan from June 3, 2013 as paid in full. No further contact will be attempted and your account is now closed.
Sincerely,
Magnum Cash Advance
Customer Service Department
Seems like the letter works when dealing with them.
mobiloans
I assume you have revoked ach, cancelled wage assignment and secured your checking account. If that is the case then stop wasting time calling these idiots. They are tribal. If you have paid the principal then let it go. You can email them and let them know that you are aware they are illegal and you will not be paying them another cent. If you still owe principal then tell them you will pay on your terms not theirs. Please follow the instructions in Helpinaz signature line.
@michael
I re-read your post. Did you borrow 600.00 and 185.00 is to be paid on Friday the 19th and that is how you arrived at 415.00??? What arrangement have you made to make that payment of 185.00 if that is the case??? If you haven't revoked ach and closed your checking account and you keep calling then you may be setting yourself up for disaster!
@ Milldog - great news on the
@ Milldog - great news on the Magnum - print and keep in a safe place.. :)