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Response to Spotloan and others

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Following the great advice on this forum, I have revoked ACH and any voluntary wage assignment with the following lenders:

Blue Trust
Big Picture Loan

I sent the standard emails as outlined in the sticky, and got the standard response back (see below as an example from Spotloan). Do I just keep emailing back and forth, or what os the next step?

Dear Sean,
My name is Del B. and I am a Credit Service Manager here at Spotloan. We have received an email from you and would be happy to address any additional questions or concerns that you have.

I understand that you reside in Tennessee. As we previously explained, BlueChip Financial, an entity wholly owned by the Turtle Mountain Band of Chippewa Indians, has a valid lending license issued by the tribe. Spotloan is located and operates on our Reservation in North Dakota and has no physical presence in Tennessee, nor does it employ any staff in Tennessee. All loans are made from our Reservation. You remain obligated to fulfill this loan agreement that you sought out and accepted. You will find a copy of the license attached.

The outstanding balance of your loan, if you paid off all principal and interest today, is $942.56. Your next payment of $149.92 is due on January 31, 2019.

If you would like to resolve this issue, we would be hap py to work with you. Please contact me, at the number or email below, to get your loan back on track.

How much did you borrow in total? It's good that you have revoked ACH authorization with the lender. If you have read the sticky threads, then you must be aware of the fact that you're only required to pay the principal amount. Don't pay any money if you have paid the principal amount. Inform Spot loan that you want a refund if you have paid the principal amount.

Sub: #1 posted on Thu, 01/24/2019 - 04:59

Nick Jonas Nick Jonas

(Posts: 427 | Credits: )

You are on the right way! Well if you have already payback the principal amount, then relax. No need to pay the interest. You can ask for a refund.

Sub: #2 posted on Fri, 01/25/2019 - 05:32

Sanders Patricia Sanders Patricia

(Posts: 1238 | Credits: )

As you are dealing with Spot loan, you should only pay the principal amount. No need to pay the interest. You can ask for a refund from them.

Sub: #3 posted on Sun, 01/27/2019 - 23:06

tiarajoseph11 tiarajoseph11

(Posts: 470 | Credits: )

I just recieved email that Spot Loan has updated my account to paid in full. I used the form letter from this site. I did send letter twice. Don't give up or give in!

Sub: #4 posted on Tue, 01/29/2019 - 14:20


congrats to you Sean for hanging in there! I am dealing with he same group who call themselves a sovereign people associated with the Chippewa Indians tribe aka ( Miinan Funds aka Ladder Credit .) These guys are like pit bulls, once they latch on it is hard getting then off your back. But it looks like you prevailed if you received an email from them that updated your account "to paid in full." this is very encouraging as i am going thru hell right now. You may wanna keep an eye on your credit reports, cause they like to put stuff on there too such as late payments or account charged off etc..

Sub: #5 posted on Sun, 02/03/2019 - 20:26

mouse mouse

(Posts: 3 | Credits: )

Hello I am in the same exact situation and am super stressed at the moment. If you don’t mind, can you point me in the direction of the letter that you used? Thanks

Sub: #6 posted on Wed, 02/13/2019 - 08:02


Check out this thread. You'll get information and sample letter from here. alingwith-illeg...

Sub: #7 posted on Thu, 02/14/2019 - 03:46

David Martin David Martin

(Posts: 394 | Credits: )

If the lenders are illegal, then pay just the principal amount and relax.

Sub: #8 posted on Fri, 02/15/2019 - 05:06

Sanders Patricia Sanders Patricia

(Posts: 1238 | Credits: )

Is there anything else you want to know, feel free to shoot us your problem, anytime.2

Sub: #9 posted on Sun, 02/17/2019 - 21:33

tiarajoseph11 tiarajoseph11

(Posts: 470 | Credits: )

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