I wouldn't hold my breath for them to back off, in my experience illegal lenders are notorious for harassing and threatening. :? The good thing is they can't sue you.
Zip19's mailing address: Unlicensed/illegal in the U.S.
Northway Broker Limited,
Level 8 Suite 3, Plaza Commercial Center, Bisazza Street,
Sliema, SLM15, Malta
Phone: 1-877-947-1947 (Toll Free)
Email Address: [email]email@example.com[/email]
MyPaydayLoan.com Illegal/Unlicesned company!
Centro Colon, 8 avo piso, Oficina 8-4
San Jose, Costa Rica
Strategic Funding, Inc. in Salt Lake City, Utah.
I don't care if they call me but can they legally keep contacting my employer?
Legally no, not after you tell them not to, the problem is, they don't follow the law, so whatever you tell them will go in one ear and out the other. Sorry. :?
do you know if any of the following are illegal?
Loan Point USA- Geneva Roth
US Fast Cash
One Click Cash
Think Cash- 1000.00 (been paying on a 1000 laon for over 1 yr and balance is still 1000.)
One Click Cash- 455
I live in CA and and tryiong to COnsolidate through PDL Assistance.
Think cash is an installment type of loan I believe, I have read they are pure evil and very difficult to deal with. None of the others are legal, all you owe them is the principal amount borrowed. I wouldn't pay them a dime more, seriously. Please file complaints on them with your Attorney General and the FTC. Quite honestly, I hate to see you pay a service to negotiate with these ILLEGAL lenders, they aren't worth it!
Zip19 is located in Malta. Address is above, they are SOOOOOOOOOO illegal it's pathetic! :x
MyPaydayLoan is located in Costa Rica, another illegal lender and boy do they ever piss me off! I wouldn't give any of the lenders above another red cent, they can't do a thing to you!
US Fast Cash Compliance Department
One Click Cash, are unlicensed/illegal to lend in any state in the US. They are impossible to compromise with!
One Click Cash
52946 Highway 12
Niobrara, NE 68760
You could do this yourself at no cost if you follow the steps below. The only one you really need to negotiate with is Think Cash.
What should you do?
Close your account asap, if you are unable to close your account, go into your bank and ask to speak with the Branch Manager, tell him/her you need a hard debit block placed on your account immediately! Explain that you are revoking ACH authorizations from unlicensed/illegal companies, and have learned these companies are notorious for ignoring revocation, therefore it is important to BLOCK any withdrawal attempts on your account to protect your interest. This is your privilege, do not accept no for an answer. The following link will provide you important information regarding closing accounts. CLICK HERE
AFTER your account is secure send each pdl (the unlicensed and illegal) an email similar to THIS (please scroll down to locate letter template). Tailor this letter to your needs, and try to write it with the same basic concept in your own words. You will need to research and locate email addresses/physical addresses if you don't already have them, I suggest that you type the name of the pdl (example: "oneclickcash address") in the search box in the upper right hand corner of this forum. You may also search for addresses HERE at the Better Business Bureau.
File complaints: Most of the time, you can file a complaint online with the following, I encourage you to follow through with doing so, you will need to search the Internet for your state Attorney General's website, however, here are links to file complaints for the FTC, Online complaints: Federal Trade Commission., and the BETTER BUSINESS BUREAU.
Keep in mind that you may not receive a response for days, or even weeks, or, you may receive harassing and threatening phone calls. I have found the best way to deal with this is not to respond or reply, simply hang up.
Side note: If you have paid an illegal/unlicensed payday lender above and beyond the principal amount you borrowed, it might be a good idea to demand a refund and a paid in full letter/receipt. You may or may not get one or both. It still doesn't hurt to include that tidbit in your letter. :)
Thank you for all the information. I have unfortunately already paid and set up payments through PDL Assistance. I am not sure if I can revoke that at this point. I can't have these people calling my payroll manager constantly- they will get me fired.
When did you sign up with PDL assistance? Have you paid them anymore than the $200 fee? If you want to try it yourself, I belive you can cancel within 3 business days & get your money refunded. Otherwise you can cancel at anytime, you just would not get a refund.
they debited the $200 on 1/8/09. The first regular payment is due on 2/15/09- The will not be able to make offers to the PDL companies until sometime in March. I am afraid these people will have gotten me fired by then.
I am honestly not sure they would be able to do anything about the calls either.
I was going to go through them as well, but I was told that my pdl companies needed to call them & the pdl companies would tell me that PDL assistance needs to call them. It was a big mess. The way it was set up for me was that it would take 8 months to clear my pdl's, for the first few months, I was paying their fee's only and after that they would start building up my account so it would be the 5th or 6th month before they could even try to settle with a pdl. I also found out that even if I overpaid a pdl, it wouldn't matter. If I listed them with PDL assistance, they would try & settle it for me. I ended up cancelling because I was able to do it myself and save myself about $1200 in fee's on top of fit.
Let me get this straight. If I cancel the PDL Assistance, ignore everyone, and let them send me to collections, I can avoid giving them anymore money and there is nothing else they can do? I imagine they will eventually stop calling. Do you know if these companies have the wage assignment language in their contracts?
The one who is contacting my employer is Zip 19 and I owe them $1450. they willnot accept a penny less and will not take payments in any amount. With all the others that I owe, I will never be able to pay them back without immediately re-borrowing. I can't keep doing that. Worse case scenario, what can they do if I don't pay or if I send a payment less than the amount owed?
You would need to work with Thinkcash, they are legal and can come after you for the money. The one's that Shazzers said are illegal, if you have overpaid them, then you are technically done with them. If you owe them money, then you need to send them a letter, which I can post, advising that that you are aware they are illegal, you are aware that you owe them something, but you will only pay them back on your terms. For Zip19, how much did you borrow from them? And how much did you pay them back?
I dealt with zip 19. Send them a cease and desist letter revoking their authorization to perform a wage assignment and debit authorization. Put in letter that you have forward letter to your payroll department not to accept any wage assignments from them. Close your bank account and never get a internet payday loan again. Loan from store fronts.
I borrowed $1200 from Zip19. I haven't repaid anything because they refuse to accept a partial payment. So, does Zip19 definitely have wage assignment language in their contract?
Yes. They do. Just send them a letter revoking that authorization pursuant to regulations issued by the Federal Trade Commission that state that any such assignment must be voluntary and revocable. Keep a copy and let your payrol department know they may still get a letter from Zip19. They're out of the country so they usually figure the FTC can't get to them so why not take a chance.
I reviewed my contract with zip19. there is no wage assignment language. Their threat to me was to send me to a 3rd party collection agency. They never threatened wage assignment.
I only saw one set of contracts from Zip 19 but I've seen several from Cash Transfer Center which is the same outfit. The wage assignment was a stand alone thing. It wasn't part of the main agreement.
There is definitely a wage assignment clause in which you sign electronically when loaning. They will call all of your contacts and send a wage assignment to your payroll department. My payroll department contacted me and I went to payroll and I revoked their ability to perform any wage assignment. They bowed down and I told my employer that my identity was stolen. ZIP 19 is very sneaky. The following pay period they had a nerve to send another wage assignment. I finally stepped to them and they left me alone.
The key is not to reloan.
I would send them a wage assignment revocation letter anyway, just in case they get any ideas, in fact, I would send one to each and every loan you have, including the legal one, just make payment arrangements with the legal lender. As far as a third party collector, let 'em go for it (send your debt to collections), then you can request validation. If it gets on your credit report, dispute it, you will certainly have the grounds to do so, after all, your lenders are all illegal except one. That's how I would handle it, however, it's your call, and you have to do what you are comfortable with. :)
Shazzers,Report them to the BBB and Federal Trade Commission. It is illegal for them to contact your supervisor, harass you or threaten you for a payment. If possible,contact the Attorney General in the state that you got the loan. This happen to me years ago and the Attorney General stepped in. :)
I'm in TX. If zip19.com is illegal, can they send it to third party collections? It seems if that is the case, then you can easily get it off your credit report. Am I right or missing a few screws?
I'm asking because I owe $400 right now...BUT I've paid over $1700 if fees alone over the past year.
Some Illegal PDL companies send their defaulted accounts to a bottom feeder CA. Simple way to handle it is request validation of the debt. Which I am sure they will not provide.
Most PDL companies will report the default to teletrak. However, if they appear on your credit report dispute it and you should have success if they are collecting on an Illegal debt.