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Paydaymax and Ameriloan

Date: Thu, 03/21/2013 - 06:32

Submitted by dmarte23
on Thu, 03/21/2013 - 06:32

Posts: 18 Credits: [Donate]

Total Replies: 4


Hi I am trying to handle Paydaymax and Ameriloan and I am based from New York.

I borrowed $1,020 and paid 144.06 and 104.00 as an interest fee and owe like $875.14. I spoke with the (CPD) Credit Protection Department and I told them flat out they were illegal in my state. They said there willing to settle for $1,038.00. It doesn't make sense to me.

Also with Ameriloan I borrowed $750. I sent them an ACH revocation letter. My Account is with their compliance department. There are also illegal in my state.


How can I put a hard stop to these PDL that they are in violation of my state laws and that I will pay no more than what I actually owe. Can you help me? Can you give me some template letters to write to these PDL. Also how can I write a complaint to AG, FTC and BBB.

Thanks,



So far I've sent an ACH revocation letter to my PDL's (PDM and Ameriloan). I also reported them both to my AG. There are aware of what I borrowed. I know I will be receiving phone calls by end of March 2013.


lrhall41

Submitted by dmarte23 on Fri, 03/22/2013 - 07:44

( Posts: 18 | Credits: )


Follow the link in my signature line for full information on how to deal with your illegal loans. You are in control...you owe principal only...no fees, no interest.


lrhall41

Submitted by SOAPLADY on Thu, 03/21/2013 - 06:38

( Posts: 17315 | Credits: )