Eastside Lenders

What was the original letter about that you sent to them. Do you owe this loan, part of it, did you make arrangments? Let us know so that we may futher help you.

I sent them a letter that cannr forwarded to me. I've overpaid them 237.50. They are not licensed in the state of NE. thanks for responding luke!!

lmk, honey, gee I got the same nice form letter from Eastside. Ummm..... basically you can say "Bite Me." You need to send them another letter, stating that you received their letter and re-state everything in your first letter because they are morons. Just acknowledge (and you can do it via email) that you received this, state what you have already stated (yes, this is a game). They will most likely respond saying they are "prepared to go to arbitration". Which you can then tell them to "bring it on". Because once I said that, they stopped communicating for quite awhile. Then I began getting emails asking for me to come to some sort of agreement with them. Do the words "bite me" ring a bell? So I sent that a few times. Haven't heard from them again. Oh. And be sure to ask them to provide you with the name and license number that they are operating legally under. They love that.

Thanks cannr! I knew you'd come to the rescue & make me feel better! I flipped out when I read that they would go to arbitration. As you can tell I haven't quite figured out how to work the quote thingamabobbie yet. I'll send them an email now acknowleging that i received their email, include the original letter again, and ask them to provide me with their NE license #. Go figure I'd have 1 company that would give me a hard time. I've received 3 refunds so far, 2 wrote off the rest that I owed(35.00 & 50.00), 1 that I own 120.00 on & they agreed to accept 30.00 payments over the next 4 monthes, then of course there's one click who's in a league of their own, & then east side lenders. Other than One Click & Eastside everyone else has been pretty reasonable. Everybody is feeling better now. I just got my daughter off to bed so I figured I'd get on & see what the heck was up. Thanks again cannr for the helpful advice...you are the bomb girlie!

My pleasure, lmk! I took your name out of the letter just to be on the "safe" side. Hope it's okay with you. But I know the feeling. I got the same crap from Eastside. Once you respond this time, they'll shut up for a little bit. Then they'll hit you again. Just be sure and ask for that name and license number they are operating under LEGALLY. Man, that kept them quiet for some time! One Click is still a thorn in my side also. These guys don't give up, do they?

Thanks for removing my name...I didn't cut & paste the top portion of it but I forgot to take out the greeting. It was at the end of the day & totally spaced it. Hey did you read the thread from the guest on internet pdl's? What's your take on that? After reading it, I'm a little worried that Eastside might have a leg to stand on....

Which post?

This one:

Posted: 17 Oct 2007 22:11


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And here is what I have concluded on all of these internet pdl's and internet lending in general. First off, lenders are required to be licensed in a state to give you a loan IF they are a US based company. The catch, though, is this. If a company is licensed in say New Mexico, and you live in California, and you hop onto the internet to get a loan, they are NOT required to be licensed in California. A company is required to be licensed in a state to lend money if they are actually availing themselves to that state. Courts have said that by going on the internet to get a loan, the company is not coming into your state to give you a loan, you are actually going into their state to get it (totally different if a company is say advertising specifically to your state). Now, some state laws have dealt with this issue and said otherwise, but for the most part, a large majority of states have not and this rule would apply. So if for instance you are dealing with Magnum Cash Advance, they are actually licensed in Delaware, and they must follow Delaware laws when giving you a loan, and not your state's laws. Somewhat bad news since Delaware laws are friendly to the pdl's. So to summarize this point, if a pdl is licensed in a state, then look at that state's laws to determine what you owe, and not yours.

Now for the good news. First, most of these guys are not licensed, and consequently are breaking the law when they lend. Their contracts are NOT enforceable so depending on your moral standards, I would be pretty hesitant to pay these people anything more than what you borrowed. Second, even if these people are licensed, most of them are breaking their own state laws (Magnum would be one of them). Contract = unenforceable.

In short, stick to your guns when dealing with collection people if the pdl you're working with is operating illegally. Always get their state license information and if they refuse to give you that, don't work with them until they do. Once armed with that information, then work with that state's laws to determine what you owe and pay only that amount back. If they keep harrassing you, file complaints. These people back off in a hurry if you do.

That's all for now. I'll be around quite a bit so feel free to drop questions on this topic.

Later

It was posted by a guest.....

Yes, lmk. Actually I did see that. It's nothing that we don't already know. And it also doesn't even "touch" on each individual state regarding internet pdls. Some states, pdls are prohibited - period. Some states, they are prohibited unless licensed in another state - then they are recognized. This post does not cover everything. All state pdl laws are different. Although the guest did "touch" on the facts regarding illegal pdls, which is the majority (as we know). No. It does not pertain to our situation. This is a generalized post regarding pdls. It's not one that everyone should read and "go by". The laws vary too much from state to state.

gotcha cannr. thanks once again for easing my mind! I don't know what I'd do without ya! Love ya girlie!! How are things going with your ipdls? anything new? any other company trying to do a wage assignment??

No. I'm still stuck with the same idiots who will not "give". Which is fine by me. They want to "stand their ground" and I'm "standing my ground". So this will probably continue until I'm 108 years old. My poor state AG just keeps sending them letters threatening them and getting no response. Gee, are they ILLEGAL or what? LOL! :lol:

Yea I'm thinking Eastside is going to be the one I battle until I'm 108 years old as well. I have no problem with paying back One Click..however I'm not paying any more than the principle seeing how they are still unlicensed in the state of NE. They just keep sending me emails & I keep firing my original letter right back at them. Figured I'd build up a pretty good file before filing with the AG's office. I think I'll be doing that this weekend. As I hope you know..I hope & wish the best for you in our shared trek. I think about the site & my close friends daily. I miss talking to everyone! I've been reading through threads just to catch up.

Have you not filed with the state AG yet? Hell, I filed with them first thing. BBB, FTC, and state AG.

I am surprised Shaniqua or Tamika or whatever didnt sign the letter like what you and I got Cannr!!

She is in the middle of trying to think up another name.

Yea, love the emails where the email address is one name, and then they sign it with another. HELLOO, do you even know who you are :lol:

I got that one from Geneva Roth today. Email was from Shawn but was signed Brad.

OMG !! Pyb I got that one too!!!! :lol:

Wow, must have been their day to send emails!!!! I am dying here!!

I am going to post my email tomorrow....so we can all laugh!

Can't wait. Your rebuttals are great.

I dont have many meetings tomorrow so I will have plenty of time to drum up someting good....all depends on what mood I am in...either :x or :twisted:

:lol:

Oh, volley. I'm sure Shanique or Tamika are reading this as we type. Last time, we all got our emails after posting. Hello Shanique and Tamika! Okay, volley, get ready for an email now! :wink:

The only complaint I have filed so far was with the NDBF. However, after sending the letter again last night this was the response I received from Valerie this am:

I sent you our license letter which states we ARE licensed!!! I am sorry that we cannot come to an agreement. I advise you that your account will be charged off to a 3rd party for collections and they add fee's, do not make arrangements, or waive any fee's. It also will affect your credit score. They can garnish wages and will add fee's. Thanks for your interest in East Side lenders and have a good day!

I tried to get get onto their website as Valerie had suggested in her 1st email to retrieve the license # & I haven't been able to find it anywhere on there. Maybe somebody else could take a look & see if they can find it..website it eastsidelenders.com. I made inquiries on the NDBF website for licenses under 2 of the names Valerie has sent to me & neither inquiry was successful.

Respond back and thank her for the email documentation of the threats....

Thanks volley. I did just that. The license Valerie states that she sent to me was the letter I received yesterday.(the one posted on the 1st page of this thread) How is that a license? I don't see a license # anywhere. I don't think I've gone blind over the past few days. WTF??

Its a cat and mouse game for the license # because they dont have one!

That figures. I have not heard from the NDBF on any of the complaints I filed against the lenders and it's been almost 30 days. How long does it usually take for them to contact someone?

lmk, there is no license number in her email. It's just their standard form letter they send to everyone. The same exact letter. Nothing different about it at all. Well, let's see who they "turn you over to", if anyone at all. I've gotten threats from them and then never hear from them again. However, maybe now they're on another roll of contacting people via email. We'll see. But, no, you're not blind. This is their usual standard letter. And I'm actually curious as to if they will indeed turn you over to a 3rd party collector. And, if so, who. This could be interesting.

I'll be sure to share if they do. Like you said, it should be interesting. If & when I do hear from a CA I need to send them a debt validation letter correct? Can you send me the one that you use cann??

lmk, if they send you to a CA, please, please tell me who it is! So curious now! It might be ONE of mine! LOL! I can send you a DV letter. :D

Oh no worries! You'll be the 1st to know cann! thanks for sending the dv letter!

This was my to reply to Valerie

Great, however you MUST be licensed in Nebraska in order to lend to Nebraska residents. I don't see an actual license # for the state of Nebraska or for Delaware anywhere on the information you emailed me, and per your request I went to the website to find your companies license # and could not find it there either. I need to know what license # your company holds in the state of Nebraska. I've done an inquiry with NDBF under the names East Side Lenders, LLC & North American Financial and neither inquiry come up as a licensed lender. Thank you for the threats you've made over email. I'll be forwarding those to the AG, BBB and the FTC. Have a nice day.

Must have pissed her off pretty good cuz she just tried to call me at the office. Of course, I wasn't here today. She evidentally can't read!!!

Oh geez...there you go..they have a C&D on file, they send you a nasty email, you reply and then the call. Yea, the cannot read!

Oh, lmk! I like the part where you thanked them so that you can send it to the government agencies! Eastside likes to threaten. She tried to call? Huh. Maybe she wanted to tell you in person what her license number is. LOL! And, sorry, I meant to send the DV letter while I was at work and got busy. I'm sending it now. Forgive me! :cry:

Let me tell you...you'll be fighting with these guys for a LONG time!!!

buble, already have been. Sad to say. They like to keep the fight up. So, apparently you've had to deal with them also?

Hey cann, no worries about the letter girlie! I figured u'd get to it when you had time. Not like I've heard from the CA yet. But, I'll let you know when I do.

lmk, this computer at home is bad! I'm sending the DV letter to you from work. Sorry about the delay, my friend! Crazy computer..........

No worries girlie! Darn computers...just gotta love them!!

Hi guys! Hope all is well everyone. Anyone ever get a call from Nicole Ray at Smith, Hanes & Watson regariding their account with Eastside Lenders? I got a call at work from her. When she called I pretended not to be myself of course...I was in a meeting of course & she had the nerve to ask for my supervisor. I told her that he was not available either. She proceeded to leave a message for me asking to call back regarding complaint # blah blah blah and that I needed to return her call immediately as this was going to diretly affect me. Then she called my cell phone. So just for the heck of it I decided to call her back to see which complaint she was referring to. Nicole was calling regarding my defaulted loan with Eastside. I let her go through her speech & then I rudely explained to her that Eastside was not registered to lend in the state of NE therefore the company could not lend to NE residents. She didn't like that answer & started with the "did you read what you signed in the contract when you took the load?" DE state law proceeds NE state loan because that's what their contract states. She said I had to come up with a payment by friday or it would be turned over to an attorneys office. She I could make my payment via debit card..when she said that I told her there was no way she was getting any information linked to my checking account. She said ma'am in the contract you signed you authorized us to debit any bank account your name is associated with at anytime until the balance is paid in full. We haven't updated your information as of yet, but if we do & we get that new account information we will be debiting that account. I'm a little freaked out about the whole thing..she just called my cell phone again & said that I needed to call her & make arrangements by Friday at 1630 Central time or it would be turned over to the attorney's office. It's Christmas..I don't have any extra money to give them right now. What should I do??

I'd just ignore them . . . . You know you're in the right and they are in the wrong. They can't do anything to you.

If by chance they do get your new banking info, immediatly dispute the charge, close the account, and open another one.

Thanks Goudah! After looking at my paperwork this Nicole lady didn't even have the correct information. The loan I took out was for 600.00 & I had paid them 837.50 in fees. She said my loan was for 500.00 and the total owed was 1047.00 with the all nsf fees. As far as I'm concerned I paid them back their principal plus some. Hopefully Cannr reads this thread & sees who Eastside is using as their C/A. She was wondering about who they used when I posted this thread a couple monthes ago. Thanks again Goudah for responding. I already feel at ease! Hope things are well with you!! I miss everyone here. Hopefully once the holidays are over & life gets back to normal I'll be able to get on more & give back what so many have given me....peace of mind!

I hope so! It's was good to hear from you!! Even if it was because some jerk was calling . . .

Does anyone know if your paycheck can be garnished for a car loan. I foolishly cosigned for my daughter and just found-out she's three months behind. Anyway, this woman called my job -- which I told them before I cannot receive calls at work, and said she was about to send it to legal and they would garnish my paycheck.

they can't without a court order.they would have to take you to court and win to garnish.sounds like a bottomfeeder calling.what is the name of the collector.

Thanks Paul, I think you're right. The woman said she's from Region, then Regional, then Regional Acceptance. Regional Acceptance is the name the car loan is through, but the woman seemed very uncomfortable saying it.