not sure what to do now?

Here are your payday loan laws, New Mexico requires Internet based pdl's to be licensed by your state. If you CLICK HERE you can search the licensee data base.

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AngelaMarie-To answer your question, none of these are legal/licensed in NM.

What PDL is "Watson" calling you about? The company that is calling you is probably Smith, Haynes and Watson, which is a collection agency.

I recieves a phone call from a man named travis watson, he said he was an investigator and worked for a company called Litigation and Theft Arbitration, he was horrible. He said he was contacting me because of the cashnminutes loan. Anyway he kept on and kept on saying that i had to pay $600 9-5-08 and 150 on a date after that, and if i did not, process servers would serve me on my job, and i would have to go to court in austin texas. I will try to post a copy of the email he sent to me as a confirmation. There is no way I can pay what he expects. I tried to contact cashnminutes by email and he called me back like an hour later saying they were instructed not to contact me, everything had to do though him. Here is a copy of the email I got.
--- On Wed, 8/27/08, Litigation Arbitration

From: Litigation Arbitration
Subject: RESTITUTION ORDER
To: [email]xxxxxxxxxx@YAHOO.COM[/email]
Date: Wednesday, August 27, 2008, 1:20 PM


Litigation & Theft Arbitration

(512) 340-0493 Office

(512) 340-9172 Fax



VOLUNTARY RESTITUTION ORDER



NAME: xxxxxxxxxxx

DATE: 08/27/08

TOTAL AMOUNT: $750.00

PAYMENT: $600.00 DATE: 09/05/08 BY TIME: 4 PM

PAYMENT: $150.00 DATE: 09/19/08 BY TIME: 4 PM

RESTITUTION ORDER PLACED BY: INVESTIGATOR WATSON

CONFIRMED BY: RONALD LEACH

ON THIS 27TH DAY OF AUGUST, 2008, A VOLUNTARY RESTITUTION ORDER HAS BEEN PLACED ON CASE CV-08-0015115 BEACH VS. CASHNMINUTES. MS. BEACH AGREES TO PAY A TOTAL OF $750.00. PAYMENT IS TO BE PAID, AS STATED ABOVE. BY PLACING RESTITUTION ON CASE CV-08-0015115, LITIGATION & THEFT ARBITRATION AGREES TO CEASE ALL FURTHER LEGAL ACTION. MS. xxxxx IS ADVISED THAT PAYMENT AND AMOUNT MUST BE PAID, AS AGREED, TO AVOID FURTHER LEGAL ACTION. THIS ORDER CANNOT BE CHANGED AND IS BOUND BY ITS TERMS. THIS ORDER IS BOUND BY THE AMOUNT, DATE AND TIME AND WILL BE VOID IF PAYMENTS ARE NOT FULFILLED, AS AGREED ON THIS DAY. MS. BEACH YOU WILL NOT BE REMINDED TO MAKE YOUR PAYMENT(S), IT IS YOUR RESPONSIBILITY TO MAKE SURE PAYMENT(S) IS/ARE PAID AS AGREED. PAYMENT INFORMATION IS BELOW;



MONEY GRAM EXPRESS PAYMENT:



RECEIVE CODE: 5545

COMPANY: LTA

CITY: AUSTIN STATE : TEXAS

ACCOUNT NUMBER: CV-08-0015115



PLEASE CONTACT INVESTIGATOR WATSON AT 512-340-0493 EXT 11 ONCE EACH PAYMENT HAS BEEN MADE TO ENSURE THE ORDERED AGREEMENT IS UPDATED WITH YOUR PAYMENT. THIS WILL ENSURE THAT NO FURTHER LEGAL ACTION IS TAKEN.



THANK YOU,

LITIGATION & THEFT ARBITRATION

If it's true that they are not legal or licensed in your state, then you would only owe them $68 to pay back the original amount that you borrowed.

So what steps should I take now?

Hi everyone, I am still really confused at what steps zI need to take now concernaing all this mess. I have read all these post about sending letters to the pdl companies, and what to do if they are illegal. I hate to be bothersome, but could someone maybe explain what i need to do? thank you so much !!!!!

Send a copy of that letter to: Call the consumer assistance help-line at 800.538.1579 or send an e-mail, [email]consumer.complaints@occc.state.tx.us[/email]

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