Hydra Fund
Date: Wed, 02/20/2013 - 10:19
Hi,
I have been following the steps for getting rid of the payday loans that are illegal in my state (Texas). I received push back from Hydra Fund with the following email. What am I suppose to do now? What do I say?
Dear Mary Douglas,
February, 20 2013
Hydra Financial Fund I is a financial services provider duly registered under the laws of the Commonwealth of New Zealand . Your loan agreement with Hydra Financial Fund I is governed exclusively by the laws of the Commonwealth of New Zealand , and not by the federal or state laws of the United States . You expressly acknowledged and consented to be governed exclusively by New Zealand law when you signed your loan agreement. You were also given the option to rescind your loan agreement after it was executed, which you chose not to do.
You are bound by New Zealand law and must satisfy your debt pursuant to the terms of your loan agreement. If you fail to do so, Hydra Financial Fund I has the right to pursue remedies against you available at law.
Further, because you have revoked authorization for ACH withdrawals, you are required to immediately provide another payment method that is acceptable to us. Please immediately transmit the necessary information regarding your alternative payment method. If you have any questions or need additional information, please contact our customer service department.
Customer Service for Hydra Fund I 1-888-302-5282 Phone
1-888-877-1921 Fax
Confidentiality Statement & Notice: This email is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521 and intended only for the use of the individual or entity to whom it is addressed. Any review, retransmission, dissemination to unauthorized persons or other use of the original message and any attachments is strictly prohibited. If you received this electronic transmission in error, please reply to the above-referenced sender about the error and permanently delete this message. Thank you for your cooperation
I have been following the steps for getting rid of the payday loans that are illegal in my state (Texas). I received push back from Hydra Fund with the following email. What am I suppose to do now? What do I say?
Dear Mary Douglas,
February, 20 2013
Hydra Financial Fund I is a financial services provider duly registered under the laws of the Commonwealth of New Zealand . Your loan agreement with Hydra Financial Fund I is governed exclusively by the laws of the Commonwealth of New Zealand , and not by the federal or state laws of the United States . You expressly acknowledged and consented to be governed exclusively by New Zealand law when you signed your loan agreement. You were also given the option to rescind your loan agreement after it was executed, which you chose not to do.
You are bound by New Zealand law and must satisfy your debt pursuant to the terms of your loan agreement. If you fail to do so, Hydra Financial Fund I has the right to pursue remedies against you available at law.
Further, because you have revoked authorization for ACH withdrawals, you are required to immediately provide another payment method that is acceptable to us. Please immediately transmit the necessary information regarding your alternative payment method. If you have any questions or need additional information, please contact our customer service department.
Customer Service for Hydra Fund I 1-888-302-5282 Phone
1-888-877-1921 Fax
Confidentiality Statement & Notice: This email is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521 and intended only for the use of the individual or entity to whom it is addressed. Any review, retransmission, dissemination to unauthorized persons or other use of the original message and any attachments is strictly prohibited. If you received this electronic transmission in error, please reply to the above-referenced sender about the error and permanently delete this message. Thank you for your cooperation
Same email
I recieved the same email response to them. i responded to them by telling them regardless of were the are located they are still bound by the laws of the state, in my case Florida. I did tell them i was willing to pay the amount of the original loan back, in installments, on my terms. I will update u if they repond again.
