I don't trust them either.
Date: Tue, 10/14/2008 - 09:39
Is your account still open? I am in the same boat. I believe a
Is your account still open? I am in the same boat. I believe an electronic check is the same thing but I am not sure maybe someone else would know.
In my case, I revoked their authorization and a few days later t
In my case, I revoked their authorization and a few days later then put through a paper check with out my authorization, the amount was about $720 which was way more than I owed them. Luckily I disputed it with my bank and was able to get the funds back. I finally settled with them for $160 to $180 through the BBB
OMG I hope that does not happen to me!!!!! I have overpaid them
OMG I hope that does not happen to me!!!!! I have overpaid them almost double what I borrowed. How can they do that withou authorization? This whole pdl thing is a mess, I sure hope I survive it all. I sent them a C & D letter last night via email and they called me today. I am not in default yet, that will happen Friday. I am really scared.
Even if you overpaid them, according to their system you will st
Even if you overpaid them, according to their system you will still owe them something so once they get the notice that you are revoking their withdrawal rights, they will probably attempt the same thing. Thats why its a good idea to close the account before you send them any info, that way they will get nothing if they try.
I sent my notices about a week in advance. It took a few days before they called but at that time I had already reported them to all the appropriate agencies. I was stupid in the sense that I didn't close my account right away & tried to get away with the stops on the companies, but some managed to get through & I had to dispute them with the bank. Then I was advised by my bank that they changed their privacy policy guidelines & I had no choice but to close the account & open another one. I should have done that in the beginning, but live & learn.
You will get through this...there are some great people here on this website so if you ever need to vent, just do it...
I personally wouldn't trust ameriloan as far as I could throw th
I personally wouldn't trust ameriloan as far as I could throw them--and any agreements you get with them, be sure and get in writing. You have to look out for your own best interests as they're not going to do it, trust me.
Quote:Here are the laws for New Mexico: New Mexico Updated La
Quote:
Here are the laws for New Mexico: New Mexico Updated Laws Quote: New Mexico State Information Legal Status: Legal Citation: N.M. Stat. Ann. ???? 58-15-32 to 38 Loan Terms: Maximum Loan Amount: $2,500 Loan Term: 14 to 35 days, can be shorter by written agreement Maximum Finance Rate and Fees: $15.50 per $100; $.50 verification fee per $100 Finance Charge for 14-day $100 loan: $16 apr for 14-day $100 loan: 417.14% Debt Limits: Maximum Number of Outstanding Loans at One Time: Total capped at 25% gross monthly income Rollovers Permitted: None Cooling-off Period: 10 days Repayment Plan: Yes, equal installments over 130 day period Collection Limits: Collection Fees: $15 NSF fee one time per loan Criminal Action: Prohibited Where to Complain, Get Information: Regulator: New Mexico Financial Institutions Division Address: 2550 Cerrillos Road, 3rd Floor P. O. Box 25101 Santa Fe NM 87505 Phone: (505)476-4885 Fax: (505) 476-4670 Regulatory Contact: Henry A. Vigil,, Consumer Industry Manager |