Alliance Asset collecting for Eastside Lenders

Date: Thu, 03/11/2010 - 08:32

Submitted by anonymous
on Thu, 03/11/2010 - 08:32

Posts: 202330 Credits: [Donate]

Total Replies: 3

I received a call from Alliance Asset collecting on a PDL from Eastside Lenders. I live in Ohio and they are illegal in Ohio. I have sent letters to Eastside stating Ohio laws and naturally they say Ohio laws do not apply since it was online. I have paid the principal balance on this loan. I talk to Alliance Asset and they said the loan was from Eastside and I owed $650. I ask them to send a debt validation letter and said they sent it yesterday....well see if I actually get it. I know they have to validate the debt..but what exactly do they have to provide as far as documentation? Also since this loan was illegal to begin with and I have paid it back what should I do from here?

This is what I would do, I would tell them that a letter of coll

This is what I would do, I would tell them that a letter of collection via email is not acceptable according to the FDCPA (Fair Debt Collection Practices Act), I would also inform them that federal law requires them to send you a dunning letter (letter of collection) in the mail 5 days after their first initial contact with you. Then, I would totally ignore their arses, unless you do receive a letter of collection at which time you can send them a debt validation letter (look at the sample letters here at this forum) through the mail with a copy of your state laws. Also make sure you send this letter certified, return receipt requested. Most likely it won't even come to that BUT, just in case. You can keep checking back here on your thread if you have further questions, this way we can follow your progress and you will have all your information in one place.

lrhall41

Submitted by Shazzers on Thu, 03/11/2010 - 08:59

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Thanks for the info. Is there any way to stop the calls?

lrhall41

Submitted by on Thu, 03/11/2010 - 09:19

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Quote:Originally Posted by AnonymousThanks for the info. Is the

Quote:

Originally Posted by Anonymous

Thanks for the info. Is there any way to stop the calls?

You can send them a cease and desist contact letter, it doesn't mean they will abide by it though, obviously they have no respect for the law or they wouldn't be trying to collect on an illegal debt to begin with. I would just have my number changed if the calls become overwhelming.

lrhall41

Submitted by Shazzers on Thu, 03/11/2010 - 09:21

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