Integrity Advance
Date: Wed, 08/26/2009 - 10:50
Am I wrong in thinking that I should be able to apply this overpayment of $650 from previous loans to the current outstanding principle of $300 and have a zero balance? :?:
I think if you are looking for a refund, whether in cash or appl
I think if you are looking for a refund, whether in cash or applied to a new debt, you need to sue the company and get a judgment. Whether you are right or not depends on whether a court finds that past loans violated state laws and further that your state law requires a refund of excess interest paid. All not having a state license means is that the state regulators can fine the company and file a lawsuit for refunds on behalf of state residents. In other words, unless the lender agrees to a settlement, even a regulator needs a court to rule in its favor to get what you are looking for.
Having said this, if Integrity goes for your deal than nuances of law become irrelevant. I would give it a try. The worst they can do is say no, right?
I live in a state where internet loans are illegal and this was
I live in a state where internet loans are illegal and this was an internet loan, of course I didn't find out about any information on this website until I got myself backed in to a corner and needed advice.
I'm just trying to clarify whether or not this situation resolves what is morally due to Integrity, I'm not so concerned about a refund.
reply
WOW!file a suite against an illegal lender when an AG complaint will suffice.that's paralysis by analysis.
To quote Samuel L. Jackson, "Check out the big brain on Brad . .
To quote Samuel L. Jackson, "Check out the big brain on Brad . . ."
Unfortunately, not all of us are lucky enough to live in a state where the AG acts as our private attorneys. Some us have to hope the AG has enough complaints about a particular company on his desk to warrant sending out a form letter and meanwhile do the rest for ourselves.
[samebox:4ef26038ca="paulmergel"]meanwhile some just can't throw money around as no attorney would do what you are saying on a contingency.nice to have that kind of scratch,but alot of us don't.[/samebox:4ef26038ca]
So can anyone advise if I have legally fulfilled my moral obliga
So can anyone advise if I have legally fulfilled my moral obligation with this company? Is it okay to apply fees from past loans to the principle due on this loan? Not to mention the approximate $300 refund that is due....but I'm not looking for that to ever show up.