pdl licenses

i have been on here the last week looking for help with my current situation. and i am finally taking action. i have 6 PDL's out all for 200 some of which i don't even remember authorizing, i have learned that PDL's are illegal in pa and i plan to begin getting paper checks from my employer this week if possible and close my bank account to send my cease and desist letters, i need a little help with the letters tho. i think i have it pretty much done but i was wondering if i needed my account numbers for all the PDL's? and if so do i need to call them all to find this out?

my Lenders are as follows:
SDS Processing
Wages Fast
Payment Direct
DJR Group
Ameriloan
mycashnow

i know i can get the account number for wages fast and ameriloan but the others i am not so sure. any help would be greatly appreciated. i have myself in a nice little financial hole here and its getting to be to much to handle. i have included a copy of the letter i will be emailing so someone can look at it and tell me if its good enough. Thanks to anyone who responds. hope to hear from someone soon

Date:

Name Of PDL
Alex Miller
926 Chestnut Street
Columbia , PA 17512
Account #



After doing research regarding Internet payday loan laws in the State of Pennsylvania, I have found that your Internet payday loans are actually illegal. I have also found the following laws to be true applying to payday loans in the State of Pennsylvania in general:
Pennsylvania Payday Loan Laws
State Legal Status
Lending of payday loan is prohibited in the State of Pennsylvania. Check Cashing Licensing Act of 1998 prohibits check cashers from making payday loans. Otherwise consumer discount company act is applicable.

Interest rate cap on small loans
$9.50 per $100 per annum discount or 24% per annum

File your Complaint and get Information

• Regulator - Pennsylvania Department of Banking
  
• Address - Market Square Plaza, 17 N. Second Street Harrisburg PA 17101
  
• Phone - (717) 214-8343
  
• Fax - (717) 787-8773
  
• Regulatory Contact - Jim Keiser Administrator of Non-Depository Institutions[FONT="][/FONT]
  

I hereby revoke any and all ACH authorizations with your company from debiting any of my personal accounts, per Federal law, Regulation E Section 205.10 Preauthorized transfers. I have closed my account with the Union National Community Bank to protect my interest in this matter, per instructions from The PA Department of Finance. I also revoke any and all wage assignments I may or may not have signed with your company, I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes. I have notified my employer about this matter so any attempts to do so on your part will be rejected.

I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my Attorney General's Office.
I prohibit you or your affiliates to contact me via telephone at my place of employment or my home
telephone number. I also prohibit you from calling my references listed on my loan.

Due to the fact that Internet payday loans must be licensed in the state of PA to be a legal and binding contract, your company should NOT issue loans to PA residents at all. I am requesting that you send me your license number which enables you to offer loans to PA residents.

The legal amount that could have been charged to my loan is the principal amount, even IF your Internet pay day loan were legal anywhere in the U.S.. I am willing to pay the principle amount of the loan only, however, this is only if you provide me with a physical address where I can send payments.

I must also inform you that I will be filing complaints with the Better Business Bureau, the Federal Trade Commission, and the PA Attorney General's Office.

I expect a response from your company no later than 5 days from the above date regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted.

Sincerely,

Alex Miller
CC: [email]ahmiller1985@yahoo.com[/email]
Better Business Bureau
PA Attorney General
Federal Trade Commission
Electronic Funds Transfer Act

907. Preauthorized transfers

(a) A preauthorized electronic fund transfer from a consumer's account may be authorized by the consumer only in writing, and a copy of such authorization shall be provided to the consumer when made. A consumer may stop payment of a preauthorized electronic fund transfer by notifying the financial institution orally or in writing at any time up to three business days preceding the scheduled date of such transfer. The financial institution may require written confirmation to be provided to it within fourteen days of an oral notification if, when the oral notification is made, the consumer is advised of such requirement and the address to which such confirmation should be sent.
(b) In the case of preauthorized transfers from a consumer's account to the same person which may vary in amount, the financial institution or designated payee shall, prior to each transfer, provide reasonable advance notice to the consumer, in accordance with regulations of the Board, of the amount to be transferred and the scheduled date of the transfer.

[Codified to 15 U.S.C. 1693e]