Payday Loans in IL - Please Help
Just to be on the safe side,
Just to be on the safe side, I would contact the Illinois Division of Financial Instution to verify that all are illegal. If that is the case, follow the instructions on how to deal with illegal lenders. Your first priority would be to close your current checking account, open a new one, not connected in any way to the old. Follow the steps exactly as they appear. Do not skip. Personally, I have had not dealt with any of the lenders mentioned. Keep in touch and let us know how things are going.
yep
these illegals still have the same playbook from when i first came here in 2008.pathetic they never change.respond as bingonut advised knowing they will lie and threaten,but be able to do nothing.
Here is the response I
Here is the response I received from Dash of Cash:
Dear,
I do hear your concerns and would like to let you know that your loan agreement with Dash of Cash is governed by "Common Law". The terms of the loan were presented to you when your loan was approved and funded and you electronically signed the loan document agreeing with these terms. The Dash of Cash loan agreement and website contain all disclosures required by federal & international law. The loan agreement is legal and enforceable.
However, we are always willing to work with our customer to help you meet your repayment requirements and we have options available to help you through a financial difficulty.
Sincerely
DashofCash
I am not sure how I should respond to this? Any suggestions?
Just a bunchof hot air and
Just a bunchof hot air and this is their scare tactic. They are illegal in every way and they know it. Respond that you know they are illegal and you are demanding a refund and they to pay it on your terms. Slim chance you will receive one. They will respond similarly and after a time or two simply ignore them and move on.
Great, sounds as if you are
Great, sounds as if you are heading in the right direction. Keep up the good work!!
Thank you for your response.
Thank you for your response. I did double check with the Illinois Department of Financial Institutions and none of them are licensed in the state of Illinois. I also went and spoke to my bank today. Unfortunately because I have direct deposit that is supposed to come in on Friday they said I should wait to close it, but did put a hard hold on it for now and told me to come back as soon as I can on Friday to get the account closed. I do have to say, that I was very nervous to go and talk to my bank. The gentleman that I spoke with was extremely helpful. I felt much better after meeting with him. I have also sent all the letters out. I will post an update when I have one.