jvc funding and associates
Date: Thu, 01/20/2011 - 07:35
I have read through a lot of the posts here and gotten some very good advice. Thank you for that. The only thing I cannot come up with is the answer to a specific question I have.
My fiance lives in Florida and had a payday loan with JVC Funding which she got online and paid part of until they started taking more money than they were supposed to on dates that hadn't been agreed to. She put a block on all ACH debits from her account and paid the fees that accrued from their activity. Now a company Peachtree Law Group is calling and demanding payment for the JVC Funding account. They have threatened to have a warrant issued among other things. I know from reading all the posts that they cannot do this. She wants to take care of this but they are demanding $760 in three payments of $254 plus a $10 processing fee per payment.
Okay so now the questions
a: Is JVC Funding legal in Florida for online lending?
b: Is Peachtree Law Group an actual company that she should be dealing with to pay off this debt. They give an address of 2600 S Parker Rd suite 359 Aurora CO 80014.
and a phone number of 800-668-6163
c:If this is a legitimate company, how much does she have to pay. The original loan was for $300.
Thank you for any help and suggestions you might have.
My fiance lives in Florida and had a payday loan with JVC Funding which she got online and paid part of until they started taking more money than they were supposed to on dates that hadn't been agreed to. She put a block on all ACH debits from her account and paid the fees that accrued from their activity. Now a company Peachtree Law Group is calling and demanding payment for the JVC Funding account. They have threatened to have a warrant issued among other things. I know from reading all the posts that they cannot do this. She wants to take care of this but they are demanding $760 in three payments of $254 plus a $10 processing fee per payment.
Okay so now the questions
a: Is JVC Funding legal in Florida for online lending?
b: Is Peachtree Law Group an actual company that she should be dealing with to pay off this debt. They give an address of 2600 S Parker Rd suite 359 Aurora CO 80014.
and a phone number of 800-668-6163
c:If this is a legitimate company, how much does she have to pay. The original loan was for $300.
Thank you for any help and suggestions you might have.
Check out the pdl laws in Florida from the following page: http
Check out the pdl laws in Florida from the following page:
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
If JVC funding is not legal in Florida, then your fiancee is only required to pay the principal amount. She does not have to pay anything more. Ask the PeachTree Law group to validate the debt. Send them a debt validation letter via return receipt. If they are not able to validate the debt, then send them a cease and desist letter. Another thing, your fiancee can also register a complaint with FTC as they have violated the federal law by threatening her. You'll get to know about the outstanding loan balance when the CA will validate the debt.
