Storefront and online payday loans

Please tell us the names of each of your lenders. Also, which are storefront and which are online. And if you could share how much you borrowed and how much you've paid thus far and the details of those payments, that would also be helpful.

Storefront:

Advance America borrowed $500 owe $595
king Kash borrowed $600 owe $780
Speedy Cash borrowed $675 owe aprox $700
EZ Loan borrowed $1000 owe $1200

Online:
CK Marketing borrowed $400 owe $520
Cash Direct Express borrowed $700 owe $854

Thanks again for your help. I really would like to handle this myself and not pay someone else to do it.

since the two internet loans are illegal in MO you only owe the principle and anything in"fees"gets deducted from that.try to recall how much was debited by CK and cash direct as again anything debited gets deducted from the principle.as for the storefronts.if the store won't help try contacting their corporate office as storefronts don't usually deal with debt relief companies,and the two internet surely won't.you can do this yourself.

Thank you for your advice and boost of confidence. I am going to tackle this on my own.

Can I get in trouble or go to jail since froze my bank account?

This is the letter I have come up with for the storefronts doing research on various websites: Please give me your opinion.....

[FONT=Times New Roman]To Whom It May Concern:[COLOR=black][/COLOR][/FONT]
[COLOR=black] [/COLOR]
[COLOR=black]I have closed my bank account due to fraudulent acts against my account and am now facing a financial hardship. I did not close the account to avoid charges from your company. I am fully aware I owe your company money and do not dispute the fact. I do not intend on filing bankruptcy and wish to pay the debt owed to you. I wish to make extended payment arrangements for the debt I owe to you as I cannot afford the original payment arrangements due to my current financial situation.[/COLOR]
[COLOR=black] [/COLOR]
[COLOR=black]I will pay $75 per month until the account is paid in full. If at any time my finances allow I will send additional monies toward the debt. The payments will be mailed to you via USPS in the form of a money order before the last day of every month. I have enclosed the first payment with this letter.[/COLOR]
[COLOR=black] [/COLOR]
[COLOR=black]I hope you understand my situation and appreciate your cooperation.[/COLOR]
[COLOR=black] [/COLOR]
[COLOR=black]I hereby revoke any and all ACH authorizations with your company or any of its affiliates from debiting any of my personal accounts, per Federal law. I also revoke any and all wage assignments I may or may not have signed with your company or any of its affiliates, 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.[/COLOR]
[COLOR=black] [/COLOR]
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.


[COLOR=black]Please send written confirmation to my address listed above. Also, please include the physical address you wish me to send the payments to if different then the address listed above used for this letter.[/COLOR]

is 75.00 the most you can do?if so state that as the storefronts will push for more.also save a copy of that letter for your records.just be prepared to negotiate and haggle with them,but in the end they should work with you.last thing criminal action is prohibited in MO so any arrest,or fraud threat is illegal.

Thanks for all your help

I need to ask for some more help....

I sent the letter to the 2 online payday loan places that I revoked all ACH authorizations and wage assignments I may have signed and they are still debiting my account. the bank is kicking them back but what do I do now?

well since both online lenders are illegal and not based in the US i figured they would do this.glad your account is secured.now time to file AG,AND FTC complaints against both places.they are just debiting in hopes to try and pile up fees they aren't entitled to.again you only owe the principle.just know that and as long as your account is secured.file the complaints and wait and see what happens.

I filed complaints on both companies with the AG and FTC. Thanks for your help yet again.

Here is the email conversation I have had with cash direct express so far.... CK Marketing has yet to answer me.

Oh and one other question... One store front people called and left me a message and said that if they didn't hear from immediately they would turn my account over as fraud and pursue legal action.... Are they just trying to scare me?

[FONT=Times New Roman]----- Reply message -----
From: "Customer Service"
To: [/FONT]
[FONT=Times New Roman][FONT=Times New Roman]Subject: Your Loan Information [#880387][/FONT]
Date: Fri, Jun 24, 2011 1:41 pm[/FONT]

We have received your request regarding revocation of the authorization given for us to debit you account.

We provide alternative payment methods for your convenience if you would like to avoid the automatically scheduled debits from occurring. You are able to send money order payments via certified mail to:
[COLOR=black]750 Shipyard Drive[/COLOR]
[COLOR=black]Suite 200[/COLOR]
[COLOR=black]Wilmington, Delaware 19801[/COLOR]
[COLOR=black][FONT=Arial]This payment must be received by us at least 3 business days prior to your scheduled due date in order to prevent an attempted debit from the account we have on file.[/FONT][/COLOR]
[COLOR=black]You may also send your payments via Western Union Quick Collect. Our Western Union information is as follows:[/COLOR]
[COLOR=black]Pay to:[/COLOR][COLOR=black] Government Employees Credit CTR Inc.[/COLOR]
Code City: GECC
[COLOR=black]State:[/COLOR][COLOR=black] DE[/COLOR]
[COLOR=black]Account no:[/COLOR][COLOR=black] Your social security number or current loan number[/COLOR]
[COLOR=black]Once completed, please call and provide one of our representatives with the Money Transfer Control Number you receive so we can verify the transaction.[/COLOR]
[COLOR=black][FONT=Arial]A Western Union payment must be received at least 1 full business day prior to your scheduled due date in order to prevent an attempted debit from the account we have on file.[/FONT][/COLOR]
[COLOR=black]In the event you choose not to take advantage of one of these alternate methods, please be advised that all standard payment collection procedures will be followed in accordance with your contract provisions.[/COLOR]
[COLOR=black]If you should have any other additional questions please email us at [/COLOR][COLOR=black][EMAIL="customerservice@cashdirectexpress.com"][COLOR=black]customerservice@cashdirectexpress.com[/COLOR][/EMAIL][/COLOR][COLOR=black] or contact us at 1 (866) 432-2562 Mon-Fri from 8:30am to 5:00pm ET. [/COLOR]
[COLOR=black]Thank you, [/COLOR]
Customer Relations
Cash Direct Express
[FONT=Arial][URL="http://www.cashdirectexpress.com/"]www.cashdirectexpress.com[/URL][/FONT]



[FONT=Times New Roman]--Original Message--
From:
Date: 6/24/2011 2:23:46 PM
[FONT=Times New Roman]To: [EMAIL="customerservice@cashdirectexpress.com"]customerservice@cashdirectexpress.com[/EMAIL][/FONT]
[FONT=Times New Roman]Subject: Re: Your Loan Information [#880387][/FONT]



To whom it may concern,
I sent the below email to your company and specifically stated that I revoked all ACH authorizations from your company. Yet your company still sent an ACH payment through to my bank. Please note that if you do not reverse the ACH immediately I will file charges as you are in violation of my rights. If you do not respond to this email with a confirmation I will file complaints as stated in the email below and chaeges.

Sincerely
[/FONT]
[FONT=Times New Roman]----- Reply message -----
From: [/FONT]
[FONT=Times New Roman]To:
[FONT=Times New Roman]Subject: Your Loan Information [#880387][/FONT]
Date: Wed, Jun 22, 2011 3:20 pm[/FONT]

Please note I am not a resident of Delaware, have never prescribed to be a resident Delaware and have no Delaware presence, as such am not subject to the Delaware laws you detail, my state law prevails.


From: Customer Service
To:
Sent: Wed, June 22, 2011 3:15:14 PM
[FONT=Tahoma]Subject: Re: Your Loan Information [#880387][/FONT]
Thank you for your recent inquiry.

Please be advised that Cash direct express is governed under Delaware law. For your convenience, we????????ve attached a copy of your loan agreement and pasted the section regarding our governing laws below.

[FONT=Arial]GOVERNING LAW, ASSIGNMENT AND EXECUTION: This Loan Agreement is governed by the laws of the State of Delaware, as it is the State in which Your
Application is received, the Loan Agreement is entered into, the Loan is approved and funded and where payment is received by Us in fulfillment of Your
obligations under the Loan Agreement. We may assign or transfer this Loan Agreement or any of Our rights hereunder. If this Loan Agreement is approved by
Us, then You agree that the electronically signed Loan Agreement We receive from You will be considered the original executed Loan Agreement, which is
binding and enforceable as to both parties.

We hope this answers any of your concerns regarding the laws Cash Direct Express is governed under.

If you should have any additional questions or concerns please email us at [EMAIL="customerservice@cashdirectexpress.com"]customerservice@cashdirectexpress.com[/EMAIL] or contact us at 1 (866) 432-2562 Mon-Fri from 8:30am to 5:00pm.

Thank you,

Customer Relations
Cash Direct Express
[URL="http://www.cashdirectexpress.com/"]www.cashdirectexpress.com[/URL][/FONT]
--Original Message--
From:
Date: 6/22/2011 3:29:14 PM
[FONT=Times New Roman]To: [EMAIL="customerservice@cashdirectexpress.com"]customerservice@cashdirectexpress.com[/EMAIL][/FONT]
Subject: Re: Your Loan Information
June 22, 2011

Cash Direct Express

[COLOR=black]This letter is to inform you that I am aware of the FACT that the loan you issued to me, is NOT legal or binding in my state.[/COLOR]

The state of Missouri 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 Missouri, 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, therefore I have no legal obligation to the 'governing laws' you may have detailed.

Be advised that as of today June 22, 2011I am revoking ANY and ALL ACH authorizations with your company from debiting any AND all of my personal accounts, per Federal law. I also revoke ANY and ALL wage assignments I may have signed, by you, 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.

If you do NOT reply to this notice within 48 hours I will be forced to file complaints with my Attorney General, the BBB and the Federal Trade Commission. If you reply to this notice with any misleading legal implications or menacing course of actions you are unable to follow through with, I will be forced to take actions against you which could cause you to lose your license and cause damage to your reputation, which could potentially decrease your clientele!



Sincerely,

first that email about governing law is their form response.your state laws apply,and they know it.they are just trying to convince you otherwise.now as for the address.good,but do not send a dime until they admit they are illegal in MO,and you only owe the principle minus whatever debits were taken already.you don't owe whatever inflated amount they claim.