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So Now I'm Confused

Date: Fri, 03/02/2012 - 17:26

Submitted by SarahT
on Fri, 03/02/2012 - 17:26

Posts: 27 Credits: [Donate]

Total Replies: 11


Okay so after alot of reading on this forum I now feel I am getting mixed answers. I have a installment loan from Plain Green Loans, I am in ohio and I read that since Plain Green Loans does not have a lisence I can get rid of them by just paying principle, however now I am reading that because it is a installment loan the payday loan laws does not apply to them and I now need to pay them what I owe. Yet I think installment loans are illegal in ohio, so whats the deal? I need to know before I send out my letters to plain green loans.


Well going back to the loan and to the website nothing states that it is a installment loan, in fact it seems very much like my magnum loan that I was successful in taking care of by going through the steps of dealing with unlicensed lender, so I think it is a payday loan. Can anyone tell me for sure what Plain Green Loans is? I have read so many post on here about people being successful in handling this company as they are an illegal tribal lender, just want to get some facts straight as I have already paid principle on this loan and can't afford it anymore.


lrhall41

Submitted by SarahT on Fri, 03/02/2012 - 23:29

( Posts: 27 | Credits: )


I live in NY, but I will tell you that dealt with them like I did all of my other illegal payday loans. I only paid back the prinical. They fought back for about 3 months, but I finally got a PIF letter last week.

I hope this helps.


lrhall41

Submitted by samanthapurpora on Sat, 03/03/2012 - 10:16

( Posts: 22 | Credits: )


They called me at work 3 times a day... :( They were calling my direct line, I just ignored it. I only talked to them via e-mail.


lrhall41

Submitted by samanthapurpora on Sat, 03/03/2012 - 10:40

( Posts: 22 | Credits: )


Thats not going to be fun to deal with :( I can handle it if they call my cell/home phone, I can block them on there but I can't do a thing about it if they call me from work, I may even get fired if they call me that many times a day there. From what I could tell I didn't sign a wage assignment with them but I'm not 100% did you have to give your HR deptartment a revoke wage assignment or did they not even bother?


lrhall41

Submitted by SarahT on Sun, 03/04/2012 - 13:28

( Posts: 27 | Credits: )


let me clear this up,and then advise what to do.plain green is a "tribal lender"meaning no matter what they call their loan it's illegal,and you only owe the principle.now you really need to file AG AND FTC complaints against plain green and anybody that attempts to collect.bottomline is that if they are calling your job you need to file those complaints,and ignore them,or if you get caught on the phone hang up without a word.last thing.plain green being tribal isn't legal in any state.


lrhall41

Submitted by paulmergel on Mon, 03/05/2012 - 05:53

( Posts: 15514 | Credits: )