Ameriloan & Loan Point (GRC) Assistance

From what I understand ameriloan is not licensed anywhere and is illegal. Loan Point is licensed in Utah. I had loans with both of these as well.

Hello guest, my gosh YES, you have over paid! Let's start with posting the Payday loan laws for Florida here (just select your state), Then we can address the other issues! :)
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

You need to Revoke ACH transactions with your bank FIRST! I would close my account if I were you though. Then you need to send letters to both companies stating they have been revoked ACH authorization. Aslo state in letters you demand your account be marked "paid in full" due to overpayment of principals borrowed. ameriloan is totally ILLEGAL, I am not sure about Loin Point licensing, but they have to follow your state laws. You will need to file complaints with the BBB, FTC, and your state AG office. Best of Luck!

Cannr Wrote:

Here is a link to the post above, which will give you a general idea of how they are to deal with.
http://www.debtconsolidationcare.com/paydayloan/tennessee-pdls-1.html

Guest, please make sure you read the following information at the link below about closing bank accounts.
http://www.debtconsolidationcare.com/paydayloan/close-account.html
You can only stop them from debiting your account one way, and that is to close it out. Please do not let any of these pdl's know you are closing your account until after it's closed! I would also go to another bank before you close this one, and open a new account. :) I am checking on the other pdl you have.

I'm not sure if FL. requires that a pdl be licensed in your state in order to loan, but apparently Loan Point is licensed in Utah. Anyone else know?

Also send them a letter revoking any and all wage assignments. :)