My revised Quikpayday letter---Thanks (Tammy)

May 2, 2006


Quikpayday
PO Box 6040
87 E 1400 N
North Logan, UT 84341

Phone: 888-478-2274 800-460-4305
FAX: 877-650-1108

To Whom It May Concern:

In lieu of your blatant disregard for the laws of the State of Alabama, I am offering Quikpayday the opportunity to settle with me,
legislature.state.al.us/SearchableInstruments/2003RS/Bills/HB178.htm



On the matter of the renewal and/or rollover fee in question, please read the following:

legislature.state.al.us/CodeofAlabama/1975/5-18A-12.htm

In reviewing my bank statements since May 2005 , I have paid over $2,460.00 in interest, fees, and principal on approximately $2000.00 in loans. The over $2,460.00 total of the interest, fees, and principal paid on eight loans of $2000.00 are excessive and in violation of Alabama code. Thus, I am expecting Quikpayday to mark the account under the name of Stephanie ***** ‘paid in full’. At no time will Quikpayday, any representative, parent company, subsidiary, or affiliate of Quikpayday, place any derogatory mark on my credit report with any credit bureau, nor any other check writing database, such as Teletrack or an equivalent database.

If Quikpayday does not abide to the settlement conditions stated above, I will have no choice but to file a civil suit against Quikpayday for the monetary damages that I am entitled to per Alabama, and all legal fees that I acquire during the course of such a civil suit. I will also formally complain to, and request that the Attorney General of Alabama, Troy King, file criminal charges against Quikpayday for its illegal lending practices to the consumers within the State of Alabama.

All correspondence as of today May 2, 2006, shall be in written form either through the email address, email address removed as per forum rules - Mike, or via The United States Postal Service.

Please acknowledge receipt of this letter, and acknowledge acceptance of, and willingness to adhere to the settlement described above, in writing, within 24 hours of receipt. If I do not receive this acknowledgement within 24 hours, I will begin the legal proceedings described above.


Sincerely,

Keep your fingers crossed guys....I'll let you know. It just goes to show you that being greedy will really piss people off. If they would have accepted the proposal they would be getting my money, now it will almost have to be overmy dead body. ****Side note, after the first email I received one back from Jamison, they had taken $100.00 off the balance due...is this common? What kinda crap is that?