Address for Blue King Inc and letter received from them
Date: Mon, 11/05/2012 - 19:21
:pFor those of you who need the physical address for Blue King Inc. It is
Blue king, Inc.
46575 Road 417
Coarsegold, CA 93614.
After I sent them an e-mail stating that this was an illegal loan in Washington State, where I live, I received a certified letter, return receipt required, stating that "These transactions are legal and compliant with all federal laws regardless of the state in which you may reside. They further stated that if I did not send them 282.00 by 11/09/2012 to pay off the balance I borrowed of 600.00 they I would owe a grand total of 948.00 more. I did not receive the letter until 11/02/2011. I do fully intend to pay the principle amount but they are getting it in money order payments.
I know that this is a bunch of bull as short term loans are regulated by the states and if the lender is not licenced in the state the borrower resides in then the loan is illegal.
I find it funny that they are trying to pull this when there are so may tribal entities being sued by the California AG for illegal practices. I am filing a complaint against this with the California AG and will be sending a copy of the letter and the fact that this lender is not licenced in Washington. Anyone else who gets letters from this company stating that it is compliant with all federal laws should do the same.:p
Blue king, Inc.
46575 Road 417
Coarsegold, CA 93614.
After I sent them an e-mail stating that this was an illegal loan in Washington State, where I live, I received a certified letter, return receipt required, stating that "These transactions are legal and compliant with all federal laws regardless of the state in which you may reside. They further stated that if I did not send them 282.00 by 11/09/2012 to pay off the balance I borrowed of 600.00 they I would owe a grand total of 948.00 more. I did not receive the letter until 11/02/2011. I do fully intend to pay the principle amount but they are getting it in money order payments.
I know that this is a bunch of bull as short term loans are regulated by the states and if the lender is not licenced in the state the borrower resides in then the loan is illegal.
I find it funny that they are trying to pull this when there are so may tribal entities being sued by the California AG for illegal practices. I am filing a complaint against this with the California AG and will be sending a copy of the letter and the fact that this lender is not licenced in Washington. Anyone else who gets letters from this company stating that it is compliant with all federal laws should do the same.:p
Thanks for the update. People around here would want that addres
Thanks for the update. People around here would want that address. As for the complaints, I believe you should file with the Washington AG as well. High time that the states started cracking down on them.
already filed with my state
I have already filed s complaint with my state. I think that may be one reason Blue King sent me the letter. I told them that I had filed. I will be sending my state DFI a copy of the letter. In Washington State the DFI regulates payday loans. My AG's office told me to file with the DFI.