pay day loans and attorneys
Date: Fri, 11/07/2008 - 05:51
reply
hello,first if an attorney's office is doing collections they must obey the FDCPA.second if you could provide the following
1)names of these pdl's
2)how much borrowed total from each
3)how much debited from your account from each.
4)internet or storefront
5)what state are you in?
please provide the following and we can help you here.
online
online ans they are trying to claim fraud but now that I think bout they aren't attorneys the one that I'm thinking about is capitol collections. and I'm thinking that I may file a complaint against them.
and I don't wven have the account anymore cause the bank closed
and I don't wven have the account anymore cause the bank closed it due to being nagative for so long. I know it was from cash advance usa and only for 250
They cant sue if you dont have a job or property. I worked in th
They cant sue if you dont have a job or property. I worked in the legal dept for a PDL here in Ohio. Nationally they cannot sue yo if you do not have any assets. But if they do happen to get a judgement against you it is good for 21 years and they can garnish your check for the amounth of the loan, the NSF fees, the court costs, etc Its usually cheaper to just pay it off...
reply
21yrs?what planet are you living on?besides threatening fraud is against the law and shows this supposed attorney doesn't have a leg to stand on.
bad thing
the thing is that I can't just pay it off, I have no money and no job. I'm currently receiving welfare for me and my daughter
i am beening harrassed by the internnet loans that i got on line
i am beening harrassed by the internnet loans that i got on line they are calling my job and callig me said that i did a frad and said that iam going to get lock up how can i stop this.
Quote:Originally Posted by Anonymousi am beening harrassed by th
Quote:
Originally Posted by Anonymous i am beening harrassed by the internnet loans that i got on line they are calling my job and callig me said that i did a frad and said that iam going to get lock up how can i stop this. |
You can't be locked up for owing a debt so the threat the lenders made to you is bogus. You can't really do anything to stop them from harassing you, but, do not speak to them, period. Begin a new topic with the following information, it will help is to help you:
-Names of each pdl company.
-Whether they are store front or Internet.
-How much you borrowed.
-How much you paid so far.
-The state in which you reside.
use this letter as example, [COLOR=black][FONT=Verdana]March 25
use this letter as example,
[COLOR=black][FONT=Verdana]March 25, 2010
VIP Loanshop.com
Marilyn Brown
Ashburn VA
After doing research regarding Internet payday loan laws in the State of VA, I have found that your Internet payday loans are actually illegal in the State of VA . I have also found the following laws to be true applying to payday loans in the State of VA. Click the new regulation below:[/FONT][/COLOR]
[COLOR=black][FONT=Verdana][/FONT][/COLOR]
[COLOR=black][FONT=Verdana][URL="http://www.rebuild.org/news-article/payday-loans-2009-kicks-off-with-yet-more-regulation/"]http://www.rebuild.org/news-article/payday-loans-2009-kicks-off-with-yet-more-regulation/[/URL]
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 USAA to protect my interest in this matter. 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 VA to be a legal and binding contract, your company should NOT issue loans to VA residents at all. I am requesting that you send me your license number which enables you to offer loans to VA 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, ( I HAVE PAID $300.00) 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.
[/FONT][/COLOR]
