Response from Cash Call
Date: Wed, 08/01/2012 - 03:38
Hello here's is the response from Cash Call, what do I need to respond back with? I've already paid $2200 and the loan originated from Western Sky but Cash Call took it over and I sent them my letter. Thanks,
RE : Loan #9106949
Dear SEAN :
We are in receipt of your inquiry of July 28, 2012 regarding the above-referenced loan. We have investigated your concerns and have confirmed that all credit information for this debt has been reported accurately. In summary, the debt is valid. Enclosed herein is a detailed payment history for your records.
Please be advised that on July 31, 2012, upon receipt of your request, CashCall ceased all verbal attempts to contact you in accordance with FDCPA guidelines, and took steps to ensure that all future correspondence will be in writing only.
With regard to your loan, according to our records, your loan was funded by Western Sky Financial ("Western Sky") on April 30, 2012, in the amount of $2,525.00, which is the loan amount of $2,600.00 minus the $75.00 Origination Fee. Western Sky is a wholly Cheyenne River Sioux Tribal Member
owned business and is located and operates within the exterior boundaries of the Cheyenne River Indian Reservation. Western Sky loans are initiated, approved, issued and disbursed within the confines of the Cheyenne River Indian Reservation. Western Sky is licensed with the Cheyenne
River Sioux Tribe. Western Sky does not have any physical presence in your state or any other State of the Union. The laws of the Cheyenne River Sioux Tribe apply exclusively to the terms and conditions of your loan, and you further accepted this choice of law and jurisdiction by executing your
loan document. These facts were explained to you when you applied and again when you signed your Promissory Note. As a courtesy, please find attached an additional copy of your loan Note for your records.
At no time did you ever indicate that you did not understand the terms of the contract, the jurisdiction of the note, interest rate charged or total finance charge on the loan. Moreover, had you relayed an
adverse financial situation to Western Sky customer service, you would have been offered a very favorable resolution despite its lawful rights to enforce the terms of your contract.
Please be advised that on May 03, 2012, per the NOTICE OF ASSIGNMENT, SALE OR TRANSFER
OF SERVICING RIGHTS e-mail sent to the e-mail address you provided, your loan was sold to WS
Funding, LLC, and is currently being serviced by CashCall. As of the date of this letter, the payoff amount due on this loan is $868.05; the remaining principal balance is $780.27. If you are unhappy with Western Sky, WS Funding, or your loan in any respect, we would advise you to pay it off now without penalty. Further, if you are truly experiencing financial difficulty or having
PO Box 66007
Anaheim,CA 92816
second thoughts regarding your Note, it is strongly suggested that you contact our Customer Service
department at 1-877-525-2274 and relate your situation, thereby working out a payment plan which
will attempt to address your needs. Our hours of operation are 6 a.m. to 8 p.m. Pacific time Monday
through Friday; 8 a.m. to 12 p.m. Pacific time Saturday.
If you have any questions, please feel free to contact me directly at 949-313-9230.
Sincerely,
Elissa Chavez
Dispute Resolution Department
RE : Loan #9106949
Dear SEAN :
We are in receipt of your inquiry of July 28, 2012 regarding the above-referenced loan. We have investigated your concerns and have confirmed that all credit information for this debt has been reported accurately. In summary, the debt is valid. Enclosed herein is a detailed payment history for your records.
Please be advised that on July 31, 2012, upon receipt of your request, CashCall ceased all verbal attempts to contact you in accordance with FDCPA guidelines, and took steps to ensure that all future correspondence will be in writing only.
With regard to your loan, according to our records, your loan was funded by Western Sky Financial ("Western Sky") on April 30, 2012, in the amount of $2,525.00, which is the loan amount of $2,600.00 minus the $75.00 Origination Fee. Western Sky is a wholly Cheyenne River Sioux Tribal Member
owned business and is located and operates within the exterior boundaries of the Cheyenne River Indian Reservation. Western Sky loans are initiated, approved, issued and disbursed within the confines of the Cheyenne River Indian Reservation. Western Sky is licensed with the Cheyenne
River Sioux Tribe. Western Sky does not have any physical presence in your state or any other State of the Union. The laws of the Cheyenne River Sioux Tribe apply exclusively to the terms and conditions of your loan, and you further accepted this choice of law and jurisdiction by executing your
loan document. These facts were explained to you when you applied and again when you signed your Promissory Note. As a courtesy, please find attached an additional copy of your loan Note for your records.
At no time did you ever indicate that you did not understand the terms of the contract, the jurisdiction of the note, interest rate charged or total finance charge on the loan. Moreover, had you relayed an
adverse financial situation to Western Sky customer service, you would have been offered a very favorable resolution despite its lawful rights to enforce the terms of your contract.
Please be advised that on May 03, 2012, per the NOTICE OF ASSIGNMENT, SALE OR TRANSFER
OF SERVICING RIGHTS e-mail sent to the e-mail address you provided, your loan was sold to WS
Funding, LLC, and is currently being serviced by CashCall. As of the date of this letter, the payoff amount due on this loan is $868.05; the remaining principal balance is $780.27. If you are unhappy with Western Sky, WS Funding, or your loan in any respect, we would advise you to pay it off now without penalty. Further, if you are truly experiencing financial difficulty or having
PO Box 66007
Anaheim,CA 92816
second thoughts regarding your Note, it is strongly suggested that you contact our Customer Service
department at 1-877-525-2274 and relate your situation, thereby working out a payment plan which
will attempt to address your needs. Our hours of operation are 6 a.m. to 8 p.m. Pacific time Monday
through Friday; 8 a.m. to 12 p.m. Pacific time Saturday.
If you have any questions, please feel free to contact me directly at 949-313-9230.
Sincerely,
Elissa Chavez
Dispute Resolution Department
If you've already paid $2200, you only owe them $325 (if the amo
If you've already paid $2200, you only owe them $325 (if the amount they quoted is what was actually deposited into your account).
Just keep at them. They know they're wrong. You are not a member of their tribe so, the contract is invalid and unenforceable. You are only bound by your state's laws and federal laws. There are NO federal laws pertaining to payday loans or these high interest installment loans.