Got my first PIF!!
Date: Mon, 02/28/2011 - 08:02
"I am writing on behalf of Cash Yes in response to your recent telephone call. Cash Yes strives to assist consumers with their short term cash needs and is concerned that you were disappointed with your most recent experience. We have noted your request for no further communication by telephone.
Please be advised, however, that your loan was made pursuant to Cash Yes’s license in its home country of Belize under the International Financial Services Commission Act of Belize, Chapter 272. Cash Yes’s contracts, including the loan agreement you signed, clearly designate Belize law as governing its transactions and provide all disclosures required by Belize and U.S. federal law. Cash Yes has no physical presence in the State of Texas, and does not solicit Texas consumers via mail, telephone, or email; therefore, we are not subject to its regulatory jurisdiction. In order to obtain a loan from Cash Yes, a Texas consumer must log on to the internet and access Cash Yes’s website, just as you did. You received documents in conjunction with your loan fully describing how the finance fees are applied and your repayment options, and you agreed to these terms, including the applicability of Belize (not Texas) law to the transaction, with electronic signatures in multiple places. Should you require another copy of your documents, or if you need clarification on points referenced in the documents, please contact us. A careful review of those documents should resolve your concerns regarding the terms applicable to your loan.
Notwithstanding the foregoing, we have agreed to settle the balance owed and have marked your account “paid in full†as of today’s date. Cash Yes is taking this action without legal obligation to do so because of our ongoing commitment to customer satisfaction and for no other reason. We hope that this action on our part will resolve your concerns.
Thank you for the opportunity to clarify this matter and address your concerns.
Sincerely,
Cash Yes"
***TOO BAD THEY WON'T ISSUE REFUND FOR OVERPAYMENT...I think they owe me close to $850 in overpayment...am I right? I took out $600 loan, and they debited my account for total of $1450.
[FONT=Arial][SIZE=1][/SIZE][/FONT]
Yay for you!!!! Don't know about you, but I would pursue that r
Yay for you!!!!
Don't know about you, but I would pursue that refund! Try different things, ei.
-Tell them you will slather their business name all over the Internet if they won't do good by you and issue you a refund, give them a limited amount of time.
-Tell them you are going to give information to the media about the scam they are running!
-Tell them you are filing with the BBB so others will know not to use their services.
-Tell them you are going to contact the U.S. Embassy to inform them that they are violating the US usury laws.
-Tell them you are going to contact Kim Osborne, who is the OAS Representative for Belize (Public Affairs).
[email]info@ambergrisdaily.com[/email]
It might be worth a try, and make sure that you follow through with any promises you make.
