Responses from illegal lenders
Date: Mon, 03/14/2011 - 09:02
I just wanted to get someone else's opinion on how to respond to there emails. I've sent email regarding them overcharging for my state (KS). I will paste in there emails. This one is Cashjar.
I am writing on behalf of Cash Jar in response to your recent email. Cash Jar strives to assist consumers with their short term cash needs and is concerned that you were disappointed with your experience.
Please be advised, however, that your loan was made pursuant to Cash Jar’s license in its home country of Belize under the International Financial Services Commission Act of Belize, Chapter 272. Cash Jar’s contracts, including the loan agreement you signed, clearly designate Belize law as governing its transactions and provide all disclosures required by Belize and U.S. federal law. Cash Jar has no physical presence in the State of Kansas , and does not solicit Kansas consumers via mail, telephone, or email. In order to obtain a loan from Cash Jar, an Kansas consumer must log on to the internet and access Cash Jar’s website, just as you did. You received documents in conjunction with your loan fully describing how the finance fees are applied and your repayment options, and you agreed to these terms, including the applicability of Belize (not Kansas ) law to the transaction, with electronic signatures in multiple places. Should you require another copy of your documents, or if you need clarification on points referenced in the documents, please contact us. A careful review of those documents should resolve your concerns regarding the terms applicable to your loan.
Our records show that you have made payments in the amount of $156.25 toward your $1250.00 loan. We intend to continue our efforts to collect the loan balance from you. However, we do understand that the current economic situation has adversely affected many people. We are currently willing to offer you a settlement in full if you will make a payment of $800.00. If this settlement offer is acceptable to you, or if you’d like to discuss other arrangements or make a credit card payment, please contact us at 1-866-568-1422 at your earliest convenience. It is in your best interest to make arrangements with us directly, as your loan may be sold in the future to a third party collection agency. Those agencies are empowered to take legal action to collect the debt, and once they purchase your account from us, the nature of their actions is not within our control.
Thank you for the opportunity to clarify this matter and address your concerns.
[COLOR=Red]Sincerely, [/COLOR]
Cash Jar
[FONT=Times New Roman][SIZE=3][/SIZE][/FONT]
This one is from Cashdirect Express they reside in delaware.
[FONT=Times New Roman][SIZE=3][/SIZE][/FONT]
[FONT=Arial][COLOR=Red]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.
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[/email] or contact us at 1 (866) 432-2562 Mon-Fri from 8:30am to 5:00pm.
Thank you,
Customer Relations
Cash Direct Express
www.cashdirectexpress.com[/COLOR][/FONT]
[FONT=Arial][COLOR=Red][URL="http://www.cashdirectexpress.com/"][/URL][/COLOR][/FONT]
Any advice would be greatly appreciated. My original email to them stated that I was paid in full or small refund which i'm not concerned about at this point.
I am writing on behalf of Cash Jar in response to your recent email. Cash Jar strives to assist consumers with their short term cash needs and is concerned that you were disappointed with your experience.
Please be advised, however, that your loan was made pursuant to Cash Jar’s license in its home country of Belize under the International Financial Services Commission Act of Belize, Chapter 272. Cash Jar’s contracts, including the loan agreement you signed, clearly designate Belize law as governing its transactions and provide all disclosures required by Belize and U.S. federal law. Cash Jar has no physical presence in the State of Kansas , and does not solicit Kansas consumers via mail, telephone, or email. In order to obtain a loan from Cash Jar, an Kansas consumer must log on to the internet and access Cash Jar’s website, just as you did. You received documents in conjunction with your loan fully describing how the finance fees are applied and your repayment options, and you agreed to these terms, including the applicability of Belize (not Kansas ) law to the transaction, with electronic signatures in multiple places. Should you require another copy of your documents, or if you need clarification on points referenced in the documents, please contact us. A careful review of those documents should resolve your concerns regarding the terms applicable to your loan.
Our records show that you have made payments in the amount of $156.25 toward your $1250.00 loan. We intend to continue our efforts to collect the loan balance from you. However, we do understand that the current economic situation has adversely affected many people. We are currently willing to offer you a settlement in full if you will make a payment of $800.00. If this settlement offer is acceptable to you, or if you’d like to discuss other arrangements or make a credit card payment, please contact us at 1-866-568-1422 at your earliest convenience. It is in your best interest to make arrangements with us directly, as your loan may be sold in the future to a third party collection agency. Those agencies are empowered to take legal action to collect the debt, and once they purchase your account from us, the nature of their actions is not within our control.
Thank you for the opportunity to clarify this matter and address your concerns.
[COLOR=Red]Sincerely, [/COLOR]
Cash Jar
[FONT=Times New Roman][SIZE=3][/SIZE][/FONT]
This one is from Cashdirect Express they reside in delaware.
[FONT=Times New Roman][SIZE=3][/SIZE][/FONT]
[FONT=Arial][COLOR=Red]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.
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[/email] or contact us at 1 (866) 432-2562 Mon-Fri from 8:30am to 5:00pm.
Thank you,
Customer Relations
Cash Direct Express
www.cashdirectexpress.com[/COLOR][/FONT]
[FONT=Arial][COLOR=Red][URL="http://www.cashdirectexpress.com/"][/URL][/COLOR][/FONT]
Any advice would be greatly appreciated. My original email to them stated that I was paid in full or small refund which i'm not concerned about at this point.
well those are the form responses from illegals.respond this way
well those are the form responses from illegals.respond this way
i'm not a resident of xxx,have never been a resident of xxx,and am not planning on being a resident of xxx my state law prevails over your perception of"governing law"
then send that,and keep sending your original VM.they will eventually get it and give in akbeit begrudgingly.just know your state law prevails.
