MyCashAdvance

I live in Alabama and took a loan out with Mycashadvance.com. I have sent them the following letter;

Dear MyCashAdvance,

It has come to my attention that payday lenders must be licensed by the state of
Alabama in order to offer loans to its residents. Since your company has no
license in my state, the loan contract I have with you is not valid. The state
of Alabama requires Internet payday lenders to be licensed in MY state. I have
already researched this information, your company does NOT have a license to
lend in the state of Alabama, if I am mistaken I will need proof in the form of
a license number so that I may verify it with my Attorney General. I am bound by
the state laws where I reside. As I have no presence in your country, therefore
I have no legal obligation to the 'governing laws' you may have detailed.

Although I am not legally required to do so, I am willing to repay the principal
balance of this loan. My records show that I have paid $230 on a $600 loan
leaving the pricniple owed as $370. I will be able to make this in monthly
payments of $50 until paid. I will be making these payment via money order or by
prepaid debit card. Please email me a payment address to the email address you
have on file for me.
Be advised that as of today, Saturday, August 2nd, I am revoking ANY and ALL ACH
authorizations with your company from debiting any AND all of my personal
accounts, per Federal law, Regulation E Section 205.10 Preauthorized transfers.
I have given a copy of these revocations to both my bank and my employer. Any
future attempts to collect funds in this manner will be blocked. I also revoke
ANY and ALL wage assignments I may have signed, including but not limited to;
any of your affiliates, dba's, and collection agencies assigned to this account.
None of the above no longer have my permission to access my accounts or impose a
wage assignment.

I will only communicate to resolve this matter via email. If you ignore this
notice and attempt to contact me or any of my references via telephone, you will
be ignored and any payments owed will be delayed. I am willing to pay the
principle amount of the loan only, however, no address means NO payments, this
is not negotiable.


Thank you for your prompt resolution of this matter.
Carol Brasher


This is there response to me;
Dear Carol,

Thank you for contacting us.

Please note that the laws you are referring to only apply to loans made by
private citizens and companies.

You borrowed this money from the Oglala Sioux Nation, a federally recognized Indian tribe. According to both federal laws and our treaties with the US Government, we are not required to follow any state’s laws.

We only have to obey federal law and the laws of the Oglala Sioux Nation which we have done.

If there is anything else we may do for you do not hesitate to contact us again.

Regards,

Priscila Brenes
MyCashAdvance.com
Customer Support Specialist
Toll Free 877-314-6570
Fax 877-314-6568

Any help from anyone dealing with MyCashAdvance.com would be much appreciated.