Lender responses
Date: Mon, 05/20/2013 - 13:38
For some reason, my username does not exist anymore. However I had asked questions about some lenders I had out.
Golden Valley Lending
Netcash 123
CashnetUSA
I did receive a response from Netcash 123 and CashnetUSA. According to the South Dakota Lender License I do not see them on there, please help! But here are their responses.
Netcash123-
Please be advised that NetCash 123 does not provide payday loans to
residents of, AR, CO, CT, GA, KS, MI, NH, NV, OR, WA, WV; only to
residents in those states where permitted by law (Such as yours). These
inquiries are subject to Federal Law and your privacy and rights are
guaranteed by the Fair Credit Reporting Act.
The conditions outlined in our Payday Loan Agreement provide
pre-authorization for us to electronically transfer the approved cash
amount into your bank account. These transfers are done by Federally
regulated EFT (Electronic Funds Transfer), and also known as ACH
transactions.
And although we understand your situation, we need to let you know you that
we have a legal contract that is valid in your state and that you signed
last 04/26/2013 at 5:16 pm, in which you agreed about the terms and
conditions, we have the tapes of your phone conversation with our
representative and even sent you and email confirming the Payment Options
(04/26/2013 at 5:31 pm). Based on this confirmations we have a support to
continue with the regular charges on your account, however we are willing
to help you with the proposal we have prepared for you, please read below:
CashnetUSA-
We received your e-mail, and have notated your account, however the full balance of $650.00 is still due on your account. To view our license in your state, you can log in to our website at www.cashnetusa.com. Please be aware that collection efforts will continue until the full balance is received, or you have set up a payment arrangement.
If you have any questions or concerns please contact our Collections Team. We are available seven days a week via phone and email.
Golden Valley Lending
Netcash 123
CashnetUSA
I did receive a response from Netcash 123 and CashnetUSA. According to the South Dakota Lender License I do not see them on there, please help! But here are their responses.
Netcash123-
Please be advised that NetCash 123 does not provide payday loans to
residents of, AR, CO, CT, GA, KS, MI, NH, NV, OR, WA, WV; only to
residents in those states where permitted by law (Such as yours). These
inquiries are subject to Federal Law and your privacy and rights are
guaranteed by the Fair Credit Reporting Act.
The conditions outlined in our Payday Loan Agreement provide
pre-authorization for us to electronically transfer the approved cash
amount into your bank account. These transfers are done by Federally
regulated EFT (Electronic Funds Transfer), and also known as ACH
transactions.
And although we understand your situation, we need to let you know you that
we have a legal contract that is valid in your state and that you signed
last 04/26/2013 at 5:16 pm, in which you agreed about the terms and
conditions, we have the tapes of your phone conversation with our
representative and even sent you and email confirming the Payment Options
(04/26/2013 at 5:31 pm). Based on this confirmations we have a support to
continue with the regular charges on your account, however we are willing
to help you with the proposal we have prepared for you, please read below:
CashnetUSA-
We received your e-mail, and have notated your account, however the full balance of $650.00 is still due on your account. To view our license in your state, you can log in to our website at www.cashnetusa.com. Please be aware that collection efforts will continue until the full balance is received, or you have set up a payment arrangement.
If you have any questions or concerns please contact our Collections Team. We are available seven days a week via phone and email.
Netcash 123 is based in costa
Netcash 123 is based in costa rica and holds no license anywhere. I find it funny that give a list of states they will not lend to and yet it fails it include most of the states where payday loans are prohibited. What state do you live in???
Cashnet USA...if you in fact live in South Dakota, here is a copy of their valid license to lend http://www.cashnetusa.com/images/license/sd.jpg
