Are Ameriloan & USFastCash illegal in KY?

well no intenet lender is legal in KY,and these two are illegal in every state.so you only owe the principle,and any debits they call fees get deducted from the principle as again an illegal lender is not entitled to interest.example:

you borrowed 300.00 from usfastcash.they debit 90.00 three times.you only owe 30.00.try to recal how much in illegal fees was debited and subtract that from the loan.now since these are both illegal,and affiliated you might not here from both,but you will hear from them.btw illegals do call your work as they don't care about the law.just know you are under no obligation to even speak to them under those instances.when they do that file police reports as they will break the law with their threats as they will be able to do nothing they threaten.close,or secure your account and know we will be here to advise,support,encourage you.

I learned they were illegal right after I took out the loan, I wouldn't have known anything, but right after that I started receiving scam phone calls from people with Indian accents saying there is a lawsuit against me and my SS# threatening me with police etc. This was all before my first payment was due and it tipped me off. I knew something was fishy, they even called my cousin, I never spoke with them only listened and saved the voicemails and phone#'s. So I started researching and found I wasn't the only one receiving these SCAM calls They even started putting unauthorized charges through on my bank account using different company names for services I never signed up for so I had to dispute those charges my bank refunded me but as far as I know they haven't been reimbursed yet. My loan was $500.00 they were taking $150.00 every two weeks that went only towards the finance charge and saying I still had a $650.00 balance and if you look on the website at the payment history it only showed the current payment none of the prior payments I had made not to mention they would send me an email reminding me the payment was due but never for receipt of payment doesn't that seem ODD. So this is what I did, I let 3 payments of $150.00 go through for a total of $450.00 and yesterday I closed my account that I had for more than 20 yrs. and opened a new one and sent them a cease and desist letter revoking all ACH debits and wage assignments and told them if they want the $50.00 balance I need a physical address to send a MONEY ORDER to. So I will wait to see if they respond and don't allow them to rip you off.:D PS make sure you close your account before you send the letter you never know what they might try.:D

They won't comply with your request for a address they will demand to have you bank info so they can continue to charge the bogus charges!!! Tell them NO ADDRESS MEANS NO PAYMENT! That may not work I tried that too, they will just continue to send emails for their fraudulent activities and be prepared for them to harrass you by phone too!!!

Good Luck! Just hold on though it does get better!!!

I also have a loan with Zip19 which is to be paid friday. I know they are illegal also although I have not had any problems with them. I called them on friday and made them aware that I had to close my account due to fraudulent activity and they said they couldn't change my account number until my bank verified that was the reason for the closure but they were unable to contact the person that closed my account and no one else could give them any specifics, so I was instructed to call back today and ask for a supervisor again and all the info I gave them would be noted on my account and we would contact the bank again on three way to verify the reason. Well I was at work all day today 12hr shift and did not have the opportunity to call ( I do home health care and we had a busy day.) So I contemplated all day on weather or not I should give them my new bank info. I think they are suspicious of my closing the account anyway and if so will they start trying to pull something even though I've never had a problem with them . I will have the money on Friday but i don't know if I want to give them access. I'm not trying to BS them I did have a "third party withdraw from my account. Any thoughts.:confused: