law firm collecting for loanpoint in Texas??
Date: Tue, 06/22/2010 - 10:11
I made the mistake of taking a loan with Loan Point USA last year. I overpaid on this account.
Yesterday I received a letter from some "law" firm called The Farrell Law Group. They are claiming I now owe $570. The original loan was for $400.
Problem is the payday loan mess I got into ended up with me getting a charged off checking account. I banked online and now cannot see my statements so I can't be sure exactly how much I paid them.
I will contact my old bank, I guess.
What should I do about this law firm's letter? I understand loan point USA are not licensed to lend anywhere? I am in Texas.
Yesterday I received a letter from some "law" firm called The Farrell Law Group. They are claiming I now owe $570. The original loan was for $400.
Problem is the payday loan mess I got into ended up with me getting a charged off checking account. I banked online and now cannot see my statements so I can't be sure exactly how much I paid them.
I will contact my old bank, I guess.
What should I do about this law firm's letter? I understand loan point USA are not licensed to lend anywhere? I am in Texas.
Quote:Originally Posted by AnonymousI made the mistake of taking
Quote:
Originally Posted by Anonymous I made the mistake of taking a loan with Loan Point USA last year. I overpaid on this account. Yesterday I received a letter from some "law" firm called The Farrell Law Group. They are claiming I now owe $570. The original loan was for $400. Problem is the payday loan mess I got into ended up with me getting a charged off checking account. I banked online and now cannot see my statements so I can't be sure exactly how much I paid them. I will contact my old bank, I guess. What should I do about this law firm's letter? I understand loan point USA are not licensed to lend anywhere? I am in Texas. |
that's funny a search shows the FARREL LAW GROUP as being immigration and real estate lawyers.this sounds like a scam using a firm's name.check your DFI website,or your AG website.anyplace including law firms must post a bond with either office before even attempting collections.i doubt you will find this place either licensed or bonded.btw what address is on the letter.either way get a DV letter sent CMRRR right away.you see in texas if you send the DV letter they have a set in stone 30days to validate,or they have to drop it entirely.get the leeter out,and either watch them go away or you can sue them yourself.
Make sure you send that validation letter within the 30 day wind
Make sure you send that validation letter within the 30 day window, and send it certifed, return receipt requested. Also include in that letter that they are trying to collect on an illegal debt because Loanpointusa is NOT licensed to lend in the state of TX.
