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Hi Folks!

I currently have five(5) PDLs out with the following companies(loan amount / amount paid thus far):

VIP($400/$2,000+) - Letter sent informing of ACH freeze, refund and PIF request
GFG Serv($700/$1,750) - Letter sent informing of ACH freeze, refund and PIF request
UnitedCashLoans($500/$985) - Letter sent informing of ACH freeze, refund and PIF request
OneClickCash($450/$270) - Willing to pay the balance(and that's it!)
(fka)FBDLoans/(aka)ThinkCash/(now)Plain Green($800/$1,370)

From what I've read from other threads, the FBD/ThinkCash/Plain Green is a legitimate lender??? If so, is the amount paid to date sufficient for repayment(PIF), or, do I need to continue on paying what they say the remaining balance is(around $500...give or take $100)???

I have been trying to research the Kentucky laws, and what I have come across is that ALL lenders that do not operate within the state, are ILLEGAL(true/false???). Also, that I am only responsible for the principle loan amount. For anyone else in KY going through issues with this, I came across the following site that may aid us in remedies.

Anyone else with information to share, I will be looking forward to your responses.

Thanks in advance!!

Payday lending is legal in the State of Kentucky. I will suggest you to contact the Kentucky Office of Financial Institutions in order to find out whether or not your payday lenders are licensed to operate in your state. If you find that they are illegal, then you can check out the given page in order to know how you can deal with them: dl-dealings.html .

Sub: #1 posted on Mon, 06/27/2011 - 20:26

Anna Sweeting Anna Sweeting

(Posts: 1827 | Credits: )

Payday lending is only LEGAL in Kentucky if you have a storefront operation, as that is the only way the state will issue you a liscence. Technically, you are not responsible for paying ANY of the loan back as it can't be validated as ALL internet payday loan lending is illegal in the state. As a good faith you should pay back the principal.

No matter what any of the lenders tell you, you are bound by YOUR state laws, which as I said above to not allow internet payday loan lending my any means. The only way that any lender or collection agency could attempt to get money from you is sue you in civil court in Kentucky, which is not possible because any debt of internet payday lending can't be validated.

Sub: #2 posted on Tue, 06/28/2011 - 04:16


Ok, first off, FBD/ThinkCash/PlainGreen is an INSTALLMENT LOAN!

It's not a payday loan so the payday loan laws don't apply.

However, if your original contract is with FBD and PlainGreen is now simply servicing the loan, then it's legal.

If you obtained the loan via PlainGreen, they are lending without proper licensure and using the "tribal law" exemption BS. Regardless of their excuses, it's not legal.

So, which is it? FBD or PlainGreen?

Sub: #3 posted on Tue, 06/28/2011 - 07:58

OhioGal1 OhioGal1
Moderators Cum Industry Expert
(Posts: 5253 | Credits: )

The loan originated with FBD. As stated, I'm willing to pay that one since it is a legit lender. Well, I've paid ALL of them(still outstanding with 1Click in principal) I guess you could say.

The others, I have yet to receive responses to the emails I have sent out. Did receive an auto-message from United saying they would review during normal business hours(although the letter was sent during business hours).

Sub: #4 posted on Wed, 06/29/2011 - 08:28

dleej1s dleej1s

(Posts: 5 | Credits: )

If it was FBD then your original contract was with a bank so, yes...legit.

They will sometimes work with you on a settlement. Since you've already paid quite a bit on the loan, try calling them up and asking if you can settle for 1/2 of the balance due, payable over 90 days. It's always worth a shot.

Sub: #5 posted on Wed, 06/29/2011 - 09:29

OhioGal1 OhioGal1
Moderators Cum Industry Expert
(Posts: 5253 | Credits: )


Received this email from VIP today...

I can assure you that our business and the contracts that are signed by you the consumer are legal. You took out this loan knowing it was a payday loan. When you did the loan you also were asked to save a copy or print a copy of the contract for your own records. Now if you fail to do so then that it is not our fault. We advised you to do this before signing the loan documents. Also with the signing of the documents, it comes from an IP address which can be traced back to make the documents legal binding. Along with you signing the documents it also states you waive your rights in section 4, this is located in the contract I have sent to you. You are a citizen of the state of Kentucky. However, the contract was not made in the state of Kentucky. The contract was completed via the World Wide Web. The governing law (clearly outlined in your contract) which you agreed to by your legal e-signature is based in the isle and providence of Nevis West Indies Bahamas. I will be more than happy to help you with the account to make arrangements on it to pay off or pay down on the loan. I will not be stopping the interest for this is what you agreed to when you signed the loan documents and accepted our money.

I plan to forward it on to the KY AG and Dept. of Finance and file complaints as well.

On another note, is there someone @ the bank I can talk with about recouping funds that caused overdrafts before I was able to freeze the ACHs and close the account?

Sub: #6 posted on Thu, 06/30/2011 - 19:12

dleej1s dleej1s

(Posts: 5 | Credits: )

Go into your bank and discuss the situation. Explain that you did have a loan but that you found out after the fact that they are not licensed to lend. Also, explain that you did not authorize debits past whatever dollar amount the principal of the loan was. You need to express that the company continued to take payments after the loan had been paid in full and that you want to dispute these charges as fraudulent and have them reversed.

Sub: #7 posted on Fri, 07/01/2011 - 06:53

OhioGal1 OhioGal1
Moderators Cum Industry Expert
(Posts: 5253 | Credits: )

Thanks for the info. I will see what I can do with that. Hopefully, I can recover SOME of it. If not, lesson learned. :mad:

Sub: #8 posted on Fri, 07/01/2011 - 11:20

dleej1s dleej1s

(Posts: 5 | Credits: )

I've been searching the forum for this and so far can't find it. I took out a loan with Plain Green in April, it was through Plain Green. From what I've read on here they are not legal anywhere. If that is correct, do I just owe them the original loan amount? Since they're not a payday lender, how do I handle them? I've paid $300 on a $700 loan, but they say I still owe $1000.

I really appreciate any advice, thanks!

Sub: #9 posted on Fri, 07/01/2011 - 11:35


if the loan was originated through plain green then it is only owe 400.00 on the loan.

Sub: #10 posted on Fri, 07/01/2011 - 12:29

paulmergel paulmergel
Moderators Cum Industry Expert
(Posts: 15512 | Credits: )

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