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Loanpoint USA ---> Need Help

Date: Thu, 10/22/2009 - 08:03

Submitted by atruefamilyx6
on Thu, 10/22/2009 - 08:03

Posts: 106 Credits: [Donate]

Total Replies: 12


Okay so I just rcvd a call from a woman by the name of lanna stating that there is a grievance against my name and social security number. She proceeded to tell me that the call was being recorded than she stated that I took out a loan with them back in July for 300.00 and that my balance is now 750.00. I asked her how is that possible and she stated that the interest and roll overs, I explained to her that I have tried to speak with them and have sent emails and never rcvd a response. I also made her aware that I know what the FL laws are in reference to payday loans and she said that the law of FL does not apply to me cause the contract that I signed was under Utah law and that is the binding law the law of Utah. I explained to her that I wanted her to send me something stating that they are licensed in FL to give out payday loans and she replied yes we are how do you think you got a loan....duh....

Than she explained that we need to make arrangments and I said what are they requesting and she said for me to pay 90.00 every 2 wks and I explained that I couldn't afford that, but I could send something and that I wanted the address so that I can mail in a money order and she said no we don't take payments through the mail than she said that I needed to pay the 90.00 regardless of the circumstance and that I signed a contract stating that I will pay this back no matter if it means not paying my rent, mortgage, car, food so my children could eat and etc....I said huh that doesn't sound right and she replied YES IT DOES! Than she told me that I needed to go out and get a prepaid visa to make payments.

So these are my questions:
1. Are they legal in the state of FL (i pulled up they weren't but she claims I have wrong info)?
2. Is there another email address for this company so I can send another letter?
3. Should I file a complaint about them?
4. And what is there physical mailing address so that I can send a money order?

Any help would be greatly appreciated.

** In closing the number that called me was 866-489-0979.


Payday Lenders must be licensed IN FL, in order to lend to FL resident. The licensee data base for FL (at the link below) shows no license for Loanpoint USA.

https://real.flofr.com/ConsumerServices/SearchLicensingRecords/Search.aspx

Your state law prevails no matter what they try to tell you, I wouldn't answer any more of their phone calls, and I would report them to the FTC, BBB and your state attorney general's office. CLICK HERE to find out how to deal with illegal lenders.


lrhall41

Submitted by Shazzers on Thu, 10/22/2009 - 08:15

( Posts: 17344 | Credits: )


They go by several names, by the way, some of them being:
XPRESSCASH
Birmingham Marketing
DMS
DMS MARKETING-THE LOANSHOP
Loan Point USA
loan shop
Loan Shop Online
LTS Management Services
SMTM, LLC
The Loan Shop
Westbury Ventures
Whistler Loan Holding Shop

Loan Point USA aka XPRESSCASH 2207 Concord Pike #505
Wilmington, DE 19803
John Kimball, Operations Director
(800) 859-6439
(800) 351-8820
(800) 493-3380
(800) 806-9971
(800) 859-6439
(816) 591-4056
(866) 669-3430
(888) 265-5074

Fax Number: (866) 323-6555
Email Address: [EMAIL="jkimball@ltsmanagement.com"]jkimball@ltsmanagement.com[/EMAIL]


lrhall41

Submitted by Shazzers on Thu, 10/22/2009 - 08:20

( Posts: 17344 | Credits: )


Thanks so much for the info. I am not going to answer any more calls or anything from these people. I too tried to get a address or something to send the money and they told me they don't have one. I would have to send a money gram at Wal_mart. I haven't sent that either. When they can't get anymore money, they can sure start calling you then, but can't send you a letter or anything..... Thats bull. What a way to do business.....


lrhall41

Submitted by on Thu, 10/22/2009 - 09:04

( Posts: | Credits: )


i agree please follow through and file those complaints.. this company is really bad and does illegal collections tactics.
i had a loan with them and they refused to work with me even though they were not legal in my state and i literally overpaid them by thousands in taking out several loans with them.
they get very nasty on the phone i would not speak with them anymore, just send out certified letters to them. I sent mine to [COLOR=#0000ff]
Geneva Roth Capital (same thing as Loan Point USA)
[/COLOR]1338 S Foothill Dr # 325
Salt Lake City, UT 84108

However I would not send them a dime until you have a written agreement on how this is to be settled. when you get an agreement send out a money order only, they can to take physical payments, prepaid cards only cost you more money and i never could understand why these companies have problems with money orders..
since this loan was not legal all they can do is make threats, try to avoid their phone calls, keep sending letters out and relax. you can pay this back on your terms.


lrhall41

Submitted by bea2ls on Thu, 10/22/2009 - 09:13

( Posts: 3840 | Credits: )


Quote:

Originally Posted by Anonymous
I took out a payday loan with loanpoint.usa and due to life circumstance, loss of job I asked them to stop the ACH withdrawls and they continue to do so. What are the rules with payday loans and bankruptcy?


the only way to stop them is by closing your bank account. to get complete information, start a new thread.. list your state, how much was borrowed, how much was paid back.


lrhall41

Submitted by bea2ls on Thu, 02/04/2010 - 06:09

( Posts: 3840 | Credits: )