How to respond to lender
Date: Mon, 07/09/2012 - 11:54
I recently revoked authorization for 247greentstreet.com as they are not licensed in the state of iowa. I have had 4 previous loans with them and I asked to lower the principal due for the most current loan based of the interest and fees I paid on the prior loans. Today I received a response from them stating "we are unable to deduct previous loan fees from your current loan balance, but we are willing to remove all fees from the current outstanding loan:
This is a difference of $250.00. I don't want to pay them anymore than I have to. Any thoughts on how to respond back or am I obligated to pay the full principal on the current loan and "eat" the interest and fees I have already paid them for previous loans?
This is a difference of $250.00. I don't want to pay them anymore than I have to. Any thoughts on how to respond back or am I obligated to pay the full principal on the current loan and "eat" the interest and fees I have already paid them for previous loans?
in addition to my post above, they also stated, regards to being
in addition to my post above, they also stated, regards to being licensed, "you will see that Northway Financial Corporation LTD is a financial institution licensed and regulated in accordance with the european union directives. As such, the laws of the republic of malta, not the state of iowa applies to its term" -- Is this correct? Do they not need to be licensed in Iowa?
Dear PDL...Save your garbage for some other idiot who has not ed
Dear PDL...Save your garbage for some other idiot who has not educated themselves. I do not live in Malta nor do I ever indend on visiting Malta. The only law that apply to me are the laws of the state IOWA, the state I reside in.
Informed ex debtor.
