PDL is saying Internet is a governing body????
Date: Thu, 11/15/2012 - 07:48
Yesterday I outlined my situation on the "Washington State and Illegal pdl" thread. I recieved some great advice and drafted a C&D ACH and requested a refund from Usfastcash and St Armand's. this morning I recieved this email in response to mine:
Dear (deleted):
We respect a consumer who researches the services to which he/she uses. With that being said when you applied for and agreed to the terms of the loan, it would have behooved you to read the complete contract you agreed to with St. Armands. You are a citizen of Washington, however the contract was not made in Washington. The contract was completed via the world wide web, the governing law (clearly outlined in your contract) which you agreed to by your legal e-signature are the laws of the jurisdiction in which the lender is located. When you spoke with Daisy on 8/23/2012 at 2:09pm CST, she clearly outlined how the loan works and what the finance charges were, yet you still accepted the loan.
We would be willing to settle with you for the principle amount remaining on your account. We could initiate the debit to your account of $300 on your next due date of 11/16/2012. If making one payment to payoff the principle isn’t possible for you, then another payoff arrangement may be available. Please call to let us know how you would like to proceed and ask for me directly. If I am not available, then please request a supervisor. You can also have the debits stopped on your account by placing a stop payment on our debit. This will result in your being sold to outside collections.
CWB Services LLC.
My question is: the Internet isn't a governing body right? I'm 90% sure they are just scumb trying to take advantage. I sent them yet another email outlining my state laws that Internet payday loans are illegal and that I owe them 0 as I've paid $450 already, infect they owe me $150. Anything else I can do??
...and now they are saying that they are a cash advance and not
...and now they are saying that they are a cash advance and not a PDL. Here's their email:
The information you have sent over continues to state payday loan. We are not a payday loan we are a cash advance. There is a difference in payday loans vs cash advances. The payoff is set for tomorrow. if you would like to make an alternate arrangement to pay off your 300 balance please contact our office by phone.
Thank you,
both lenders are illegal.one is tribal(usfastcash)and one is off
both lenders are illegal.one is tribal(usfastcash)and one is offshore(st armand)they are lying through their teeth.don't believe a word of it.since you paid 450.00 on a 300.00 keep emailing your state laws,and demand a refund.do that knowing they are full of it.
Thank You!!! It's so frustrating!!! They just keep on emailing m
Thank You!!! It's so frustrating!!! They just keep on emailing me telling me that I'm wrong because I signed a document with them and have to abide by their laws. I haven't heard a peep from usfastcash, I'm assuming they will contact us soon. I am also sending everything via mail as well.
Do you reccomend filing complaints with the FtC BBB and my AG?? Also, is there really a difference between online payday loans and online cash advance? They keep saying they are cash advance but all over the Internet they are called payday loans "st Armand's, CWB services llc"
lies all of it
they ate not located in the US so they cont on lies,and treating you like you are stupid.you are not and should respond as such.yes file AG,AND FTC complaints.send a new email.something like this.
i am through dealing with you.my state laws apply.not the web,not the hole in the wall you are located.any further emails that do not contain at least a PIF will be forwarded to my ag,and the ftc as part of complaints i am filing.you will not get another dime out of me.get it?i hope so.if not then too bad.
send that exactly.word for word.
Thanks again!!! I sent them another email telling them that I wa
Thanks again!!! I sent them another email telling them that I was done with their BS! I also filed complaints against both of the PDL places with the AG, FTC, my states FI, and I'm about to do the BBB. This is so time consuming, hope I can see a refund at least.