My e-mail to United Cash Loans (and others)
Date: Wed, 12/05/2012 - 10:24
In regards to application #: xxxxxxxxxx
Dear UnitedCashLoans,
It has come to my attention that payday lenders must be licensed by the state of New York in order to offer loans to its residents. Since your company has no license in my state, the loan contract I have with you is not valid. To date, I received a deposit of $300 on 6/22/12, and have had 2 withdrawals of $90 (on 7/13/12) and $390 (on 8/10/12) debited from my account ($480 total). I also received a deposit of $450 on 10/2/12 with 2 withdrawals for $135 each on 10/26/12 and 11/9/12 ($270 total). Since I overpaid my amount borrowed for the first loan by $180 and underpaid my amount borrowed for the second loan by $180 it appears as though I have satisfied what I am LEGALLY obligated to pay back to you per NY State Law.
At this time I am requesting a return email acknowledging that my loan has been paid in full mailed to me at the address you have on file.
I am also revoking authorization for ACH withdrawals and any wage assignment I may have signed. I have given a copy of these revocations to both my bank and my employer. Any future attempts to collect funds in this manner will be blocked.
Please respond to this email with acknowledgment that my account has been satisfied in full.
Thank you for your anticipated cooperation,
xxxxxxxxxx
that is what I did printed copies of the emails, shows date sent
that is what I did printed copies of the emails, shows date sent.. and you should be getting something back showing they received.. gave copies to my banker I was working with to keep on file and also offered to send to my payroll person - they didn't feel they would need them, stated if came up to keep on file...
I live in NYS and also had dealings with United Cash Loans. I w
I live in NYS and also had dealings with United Cash Loans. I went to my bank and gave them copies of the emails I sent to the illegal PDLs. They were really helpful and seemed aware of how to deal with this and the illegality of it in NYS.
Good luck!
Oh I forgot to ask another question. Do I just print copies of a
Oh I forgot to ask another question. Do I just print copies of all of these e-mails and give them to my employer? Thanks!