email from Loan shop Online
Date: Thu, 05/27/2010 - 08:53
May 26, 2010
Sophia
Dear Sophia,
A complaint submitted by you has been reviewed by Loan Shop Online. I am aware that the letter you have sent is a prefabricated notice that is circulating the internet. However, if you are willing to cooperate with Loan Shop Online in returning the funds that you requested, I am willing to honor the requests made in your statement.
As of May 26, 2010, no payment has been made towards the balance owed. I understand that you may not have been in a position to repay the full balance all at once but this was meant to be a short-term loan, due on your next payday after receiving it. Your current due date is Friday, May 28. Your loan was originally due on April 16th and you failed to make a payment. Per the terms that were agreed upon by you prior to receiving the funds, a $150.00 will be added on Friday, May 28th.
However, in an effort to reach an amicable resolution to this matter, I will waive all fees provided your payment of your $500.00 principal balance-only is received on or before June 15th via Money Gram. Please use the information below to send your payment:
Receive Code: 4959
Company Name: LTS Management
City: Wilmington
State: Delaware
Reference: 64224
Please issue a reply to confirm your acceptance of this offer so I may cancel the $150.00 fee due on 5/28/2010.
Thank you,
William Mashburn
Loan Shop Online
Phone: 888-265-5074 x3497
Fax: 800-383-3309
They aren't a licensed lender, they didn't follow the law to beg
They aren't a licensed lender, they didn't follow the law to begin with so they aren't about to start now, just keep sending the same email to them repeatedly, they will eventually get the message.
Is your account secure? You can make the deal with this guy via
Is your account secure? You can make the deal with this guy via email, it's still a documented paper trail. Can you not afford to pay the $500 all at once? Ask him to split it up, if that's the case. It sounds to me like he is trying to work it out with you so you only have to pay back the principal borrowed. I'd figure out some terms that you can stick to and see if he'll agree. Then, make sure he sends you a PIF letter. (Even if he doesn't, you'll have the agreement in writing before hand and documentation of your payment).