Help with pay day loans

What state are you in, and are these all Internet loans?

I live in the state of nevada and they are all internet loans.

CLICK HERE to view your payday loan laws. I know the one below isn't legal anywhere but I will need to check on the rest, so give me some time. Meanwhile, CLICK HERE to find out how to deal with illegal lenders.

Cash transfer Center is illegal and based in Canada and Malta.
Cash Transfer Centers
Email: customercare(at)cashtransfercenters.com
Fax: 866-809-4069
Level 8 Suite 3
Plaza Commercial Center
Bisazza Street
Sliema SLM15, Malta
phone: 1-866-958-3278
fax: 1-866-809-4069

I've been doing a search on Instant Cash 911 and keep coming up with Instant Cash USA, it makes me wonder if there is some connection there, I'm not quite sure but perhaps someone else can enlighten you on this company. Keep checking back, meanwhile, I will research the other lenders and see what I can come up with.

Ok
i went to their website and this is the link to the website
'www.instantcash911.com'

Thank you very much.

Nevada requires Internet based pdl's to be licensed by your state. I checked HERE and could not find a license for Lakota cash, therefore I would venture to say they are not licensed to lend to NV residents, which places them in the illegal lender category. In fact, I don't see any of yours in the licensee data base.

Ok
I should proceed with closing my bank account and send the letters and/or emails and file a complaint?

Keep checking back, there may be someone else with more info on these lenders, as far as I know, none of them are legal but I'm not 100% sure about that. I am sure about CashTransferCenters though, they are illegal, I would get my bank account closed asap if I were you, then follow the steps I gave you on how to deal with illegal lenders.

FTR Processing
5700 Broadmoor St.
Mission Ks 66202

OK
Thank you so much for all your help.

You're very welcome, just hang in there, things will get better!

Another question:
Even though i send the letter and file complaints they may still contact my employer to granish my wages and contact references? If that is the case in your opinion what is my next step? Do I ask for payment arrangements? I really hope this gets better.

They can't garnish your wages without a court order, and if all these lenders are illegal as I suspect they are, they can't take you to court. They can however attempt to evoke a wage assignment, BUT, you have the right to revoke ANY wage assignment at any time. Just read through the topic I posted above, "How To Deal With Illegal Lenders, link below.
http://www.debtconsolidationcare.com/paydayloan/illegal-pdl-dealings.html
There is a sample letter in that post, and it explains how you should revoke any wage assignments.

Thanks so much and does anyone know how to reach DJR Processing? They are the only company I cannot find.

I live in nevada is anyonw aware of any companies that could consolidate my loans and put me on a repayment plan?

hello,i noticed you never stated how much was debited by each pdl.keep in mind that if a pdl is illegal all monies debited go toward the principle.example:

if you borrowed 300.00 from CTC they debit 4 times at 90.00
they debited 360.00.therefore you not only don't owe but they owe you 60.00.see how that works.try to find out what if anything was debited by each pdl.take that off the amount you owe.personally,i would do this on my own. to borrow a phrase...you can do it we can help.

Ok
Thank you

They ended up garnishing my wages. They got their money and I kept proof of it. A 3rd party tried to collect on it after the fact, but I sent them all the proof they needed. I haven't heard anything since then. These online Pay Day places are not a good solution. Stay away from them!!

How did they garnish your wage? You have to go to court first and a Judge will make that decision. They just can not garnish your wage without some knowledge. Right?

I received my first Paid in Full Notice. I cant believe it. Appreciate all the help i have recieved 2 down 4 to go.

jtcd1519 Congratulations.

Congrats! Keep them coming.

Can anyone tell me how to proceed? I received this email from FTR Processing Today.

Mrs, Scanlan,



I respect a consumer who researches the services to which he/she uses. With that being said when you applied for and agreed to the terms of the loan it would have benefited you to read the complete contract you were agreeing to. You are a citizen of the state of Nevada, however the contract was not made in the state of Nevada. 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.



With all the information at hand I am still willing to work out arrangements for the balance that is still owed on your account. You may contact our offices 8am-5pm CST Monday-Friday. Our toll free phone # is 1-866-598-1100



If you have any questions do not hesitate to call or email.



Thank you,





Eddie

1-866-598-1100 ext 137

1-866-287-9563 fax

[email]Eddie@pdlsupport.com[/email]

Tell them the world wide web does not make the contact legal and binding. The loan was illegal no matter what the contract says and the fact that it is illegal makes the contact void.

Do you owe them any money? Is so at this point you can walk away and never pay them as they can not take you to a legal US court but that you are willing to pay any balance owed on the principle.

The loan was for $300.00 and I have been paying them $90.00 every two weeks or over 5 months

Sorry, I did not long in.
The loan was for $300.00 and I have been paying them $90.00 every two weeks or over 5 months
_________________

Then you have way over paid.

Tell them that since you are a NV resident within the US that Federal loan laws apply which makes the contact void and the loan illegal and according to the US laws that you only owe the principle on the loan which is $300 and since you have over paid that by X amount of dollars that you are demanding a refund of that over payment.

Sometimes a refund demand at least gets you a PIF.

This is the next email I received after I sent the above referenced email. Please help on how to proceed.

Ms. Scanlan- I assure you that our loans are not illegal in the state of Nevada and you are correct that federal law applies to this loan which supercedes state laws in this matter. My suggestion to you would be to call us and make arrangements to payoff the principle and be done with the loan. I'm not trying to argue with you or say that you do not know what you're talking about because I'm sure you have done some research, but the fact remains that you are still under contract to pay this debt. Thank you Eddie Knight
Theviploanshop
Paradise Cash Advance
Everest Marketing

Send a response back that you you have already paid the principle on the loan and you demand a refund of the over payments but you are willing to over look the issue if you receive a PIF statement.


Did you request their lending license number in NV?

I did not request their lending licese number in NV. Should I add that request to the email?

I have three payday loans out. I have been able to settle with two of them. They were very friendly and helpful. They both set up a payment plan for me and made the payments small enough to make it easy for me. It really helps to call them and explain the situation your in.

I am having trouble with the 3rd one. This is the one I least expected to have the problem with. I have been calling them and trying to arrange a settlement price and a payment plan, but they wont budge. My borrowed amount was 400.00. I have paid about 200 interest already. The last balance I saw before they closed my access to their web site was 408.00. I had offered them 50.00 every other week until it was paid off and that they were to add no fees or interest. They disagreed.

They offered to let me pay 50.00 and then three payments of 147.00 to settle it.Does anyone think this is a fair deal or should I continue to try to settle it. That would make it a total of 491.00 plus the about 200 interest i paid already.

Can I get some advice please....

P.S. The company is PayDay Max.

jctd1519,

Yes. Since they "claim" they are legal. Start out he email quoting their statement and then ask them to give you their license number as proof of their legal lending practices.

Then continue with the fact that you have over paid and that you want the PIF.

drop9drop,

What state are you in? I believe that Payday Max is illegal everywhere.

I live in Nevada and I was asking questions regarding FTR processing I do not have a loan with Payday Max

I know I was answering drop9drop.

nohiogal,

I live in Ct. How should I talk with them....or better yet what should I tell them when I call them back. Thanks for the reply.

What is PIF???

PIF is paid in full. If you pay off a particular debt which has been listed on your credit report as delinquent, it will show as "paid in full" in your credit report.

drop9drop, Not only is Payday Max illegal everywhere but PDLs are prohibited in CT.

Any PDL you have is illegal.

How much have you borrowed and how much have you paid back including any interest fees or rollover fees?

You can tell them to shove it if you have paid the principle on the loan. They can't do a thing to you.

You can go here and learn more about dealing with illegal lenders.

nohiogal,

I am pretty sure I have paid them a little over 200 between the interest and roll over fees. Maybe more. As I stated a few threads back, My borrowed amount was 400.00. I tried to settle with them stating that I would pay back the 400.00 but no interest or rollover fees involed. I told them I would give them 50.00 every other week until the 400.00 was paid. The last time I called them and I talked to the same woman, she would not bend. She tells me that it would be turned over to a collection agency if we cant agree on terms.

Should I just tell them agree with my terms and email them a few things with it.....like the Ct. law....or what ever you tell me to do... Thanks again for the help....

nohiogal,


Yea i forgot to sign in again...lol Thats my reply above.

I would send them the template letter. Follow the link I gave you and you can find it. Change it to reflect your information and state laws and then send that to them.

If you think you have paid them at least $200 then you only owe another $200 towards the principle balance.

nohiogal ,

I wrote a letter like you suggested but I cant find a email for PayDayMax.

I know on their site there is no email address. The only email they ever sent me was from

[email]CPDCustomerService@CreditProtectionDepot.com[/email] and it keeps getting returned to me.

This is what keeps getting sent to me....

This is the Postfix program at host mail2.creditprotectiondepot.com.

I'm sorry to have to inform you that the message returned
below could not be delivered to one or more destinations.

For further assistance, please send mail to

If you do so, please include this problem report. You can
delete your own text from the message returned below.

The Postfix program

: host 10.59.2.70[10.59.2.70]
said: 550 5.7.1 ... Cannot
mail directly to files

You might have to mail it and/or fax it. I searched and it seems others have had the same problem with that email. That email is not set up to receive only to send.

Here is their address. I would send it registered with return receipt. If you fax do not send it from work as they may use that to send collection letters.

Name: PayDayMax
Phone: (403) 770-8760
Fax: (403) 770-8760
Address: Box 13, 918-16 Avenue NW
Calgary, AB T3M 0K3
Website: http://www.paydaymax.com

nohiogal,

I went to their site and saw these numbers

Customer Service:
1-877-937-3729

Fax Number:
1-877-729-9682


The numbers you posted are the same...so I will fax to both..

It looks like the numbers you found are toll free numbers as oppose to local numbers. You can fax to both or just use the toll free number on their site.

Thanks, I just returned from faxing a letter to them. I guess now I wait for a response. I will surely to you updated...

Thanks again.

Yea thats me again not logging in...lol

FTR Processing sent me to a collection agency. The collection agency placed a call to my place of employement and I told them to send correspondence in writing, do not contact me via phone and they said ok. Is there a letter I should be sending them?

The call was actually from FTR Processing saying they where a collection agency. I just re emailed them all the previous letters and reminded them to contact me only in writing. A few minutes later I received a duplicate email from them.

nohiogal ,

Some good news. All three of my paday lenders have agreed to a payment schedule.

I find if you call them and at least make a attempt to make payments or arrange a payment plan they will work with you.

Only one company gave me a hard time until I told them about :

Attorney General
Federal Trade Commision
BBB
Dept. of Banking in my state.

Then they were very friendly and agreed. I didnt want to push it to that point but had to.

So I can say this web site has helped me so much and gave me a lot of knowledge. With so much knowledge here, I cant sink it in my brain fast enough.....lol

I just want to thank all involved in this web site for the help and responses that I recieved here.

I hope it can help the rest in need.....

Thanks again.....