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cashnet500/Global Payday..

Date: Wed, 05/03/2006 - 11:33

Submitted by erzeke1
on Wed, 05/03/2006 - 11:33

Posts: 1145 Credits: [Donate]

Total Replies: 14


I'm arguing with this fool about laws in the state of Utah vs Florida law. I told him to mark my loan paid in full.Look at this one:

Ms.
, I will not do that. I will send the account to an outside agency and let them handle it. We are a legal
company operating under the state laws of Utah. If you look at the letter that the Florida Dept sent you they wrote
" that you were right to contact the Office of Financial Institutions and Securities Regulations, which is the ageny assigned responsibility for payday loan companies in Florida. We are not a Florida based company. We have to follow the state laws
we act out of, not the state laws we do business in.


Here's a good reply from him after I sent him a federal law about dotcom's business practices in Pennsylvania:

That law say "sell you services" we are not selling anything. As a matter of fact you came to us for our service.
I will not debate the laws of which you are not familiar with. Your account we be dealt with accordingly to any customer
who is delinquent. I wish you the best of luck.


lrhall41

Submitted by erzeke1 on Wed, 05/03/2006 - 12:19

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Ok..now he's getting on my nerves...
Again that is for a company selling a service. That company sold customers a coupon book. We didn't sell you anything.
You can not pull a sentence from a law and just apply it to whatever you want. If it were breaking any laws we would not be permitted to do a loan in the state of Florida. The state of Florida has not passed any laws saying we must follow their laws
if we do business from anther state. At the present time they govern Florida payday loan companies. Since you have
my contract then you see that you agreed to the annual percentage rate on a yearly rate of 782.143%.


lrhall41

Submitted by erzeke1 on Wed, 05/03/2006 - 12:35

( Posts: 1145 | Credits: )


I have been getting the same response from a number of PDL's. Actually I'm in Arbitration with one now.


lrhall41

Submitted by Roadwarrior on Wed, 05/03/2006 - 13:21

( Posts: 637 | Credits: )


email then the following:
According to information provided by the Florida Department of Financial Institutions, any payday loan company operating in the state of florida is required to follow florida law. The application of "long arm of the law" tenants routinely holds true for commericial cases and the State of Florida opines that these tenants apply to payday lenders. I have up to this point tried to resolve this matter privately, but your continued recalcitrance is leaving my little choice but to pursue formal civil mechanisms to achieve redress. Such mechanisms available include civil suit, formal complaint/request for action fo the State of Florida and filing complaint with the State of Utah. I expect a satisfactory response within 24 hours or I will proceed.

If they dont respone file complaints asap. i can give you contacts in both Florida and Utah.


lrhall41

Submitted by jj on Wed, 05/03/2006 - 13:23

( Posts: 1057 | Credits: )


They have been ignoring all my correspondence so far. This is another company that I am also dealing with right now. They were quiet for a few months and then they fax me out of the blue at work last week after a do not call order was in place. I've e-mailed them again with no response. Now, I have letters from different attorney general's offices stating that the loan originates in the state of the consumer. Therefore, the state laws of the consumer must be followed. I received this after I filed a complaint against two different companies, in two different states. They said I should forward the information onto my AG's office. But yes they need to follow the laws of your state.


lrhall41

Submitted by on Wed, 05/03/2006 - 14:04

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