OREGON payday loan help
Date: Thu, 07/23/2009 - 19:42
Ok, if I discover a loan is illegal AND I have paid the amount borrowed PLUS lots more in fees because of endless rollovers. HOW do I get a refund? I have loans through.... Zip 19,
EZ Cash Media, Sagamore, Midland Financial, Kenwood services,
Payday Max, US Fast Cash, Ameriloan, Kingston Financial, and Discount Advances. THANK YOU!
EZ Cash Media, Sagamore, Midland Financial, Kenwood services,
Payday Max, US Fast Cash, Ameriloan, Kingston Financial, and Discount Advances. THANK YOU!
Or, how do I tell them I have paid them MORE than enough and I o
Or, how do I tell them I have paid them MORE than enough and I owe them NOTHING now?! Thanks again!
List the name, amount borrowed and amount paid in fees. This wi
List the name, amount borrowed and amount paid in fees. This will help in determing who you still owe and who should be considered PIF
I see you have a couple Illegal lenders there. The letter you wi
I see you have a couple Illegal lenders there. The letter you will need to send to them is posted below.
Quote:
Date: Name Of PDL Your Name City, State Account # After doing research regarding Internet payday loan laws in the State of _______, I have found that your Internet payday loans are actually illegal. I have also found the following laws to be true applying to payday loans in the State of _____ in general: Your State Information I hereby revoke any and all ACH authorizations with your company from debiting any of my personal accounts, per Federal law, Regulation E Section 205.10 Preauthorized transfers. I have closed my account with the XXXXXX to protect my interest in this matter, per instructions from The _____ Department of Finance. I also revoke any and all wage assignments I may or may not have signed with your company, I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes. I have notified my employer about this matter so any attempts to do so on your part will be rejected. I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my Attorney General's Office. I prohibit you or your affiliates to contact me via telephone at my place of employment or my home telephone number. I also prohibit you from calling my references listed on my loan. Due to the fact that Internet payday loans must be licensed in the state of ____ to be a legal and binding contract, your company should NOT issue loans to ____ residents at all. I am requesting that you send me your license number which enables you to offer loans to ____ residents. The legal amount that could have been charged to my loan is the principal amount, even IF your Internet pay day loan were legal anywhere in the U.S.. I am willing to pay the principle amount of the loan only, however, this is only if you provide me with a physical address where I can send payments. I must also inform you that I will be filing complaints with the Better Business Bureau, the Federal Trade Commission, and the ____ Attorney General's Office. I expect a response from your company no later than 5 days from the above date regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted. Sincerely, Your Name CC: Better Business Bureau YOUR Attorney General Federal Trade Commission |
Also you will need to insure your bank account is secure FIRST. Please read THIS for more information on closing your bank account and dealing with Illegal lenders.
