Working My Way Out, One At A Time
Date: Mon, 11/28/2011 - 07:54
Hey, all. New guy, in payday hell, working my way out, one at a time, thanks to all of the great information I've found here. I really appreciate all of your time and contributions.
So, first of many. Checked and made sure that the lenders were not licensed in my state, sent the letters/emails, closed the bank account. First response from GreenLight Funds - a $300 loan, one of a number of loans that I've taken from them, overpaid by hundreds of dollars. Any thoughts on how to respond is most appreciated. I sent letters on Friday, so I have not yet filed complaints with BBB, AG, FTC. Thanks in advance...
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]While we appreciate your response in regards to your outstanding loan, we would also like to make you aware of the fact that you voluntarily entered into this loan agreement, and it is in no way misleading. We strongly believe in complete honesty and transparency in our business; we believe this is necessary to help build strong relationships with our clients. [/COLOR][/COLOR][/SIZE][/FONT] [FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy] Greenlight Funding Group, LLC provided full disclosure at the time of loan, outlining the terms of the loan as well as applicable fees and the fee schedule for the loan. We also informed you that if after 24 hours of signing the agreement that you are not in agreement and do not wish to keep the loan, we will gladly reverse the transaction without any fees within 24 hours after the loan has been funded. In addition, we encourage all of our clients to call us and ask questions if they do not understand any of the terms on our website. [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy] Our goal is to provide the best customer service to each and every one of our clients that comes to us with a short term cash emergency quickly and efficiently to help them get thru their financial crises.[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Greenlight Funding is eager to resolve your loan dispute in a fair and equitable manner. We would ask that you honor your loan agreement and submit the balance of $393.75 of your principle payment to close out the loan. [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]You may make your payment online with credit/debit card at www.greenlightpmts.com[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]OR[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Please remit final payment to:[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Greenlight Funding Group, LLC[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]P.O. Box[/COLOR][/COLOR][/SIZE][/FONT][FONT=Calibri][COLOR=navy][COLOR=navy] 8736[/COLOR][/COLOR][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Prairie Village[/COLOR][/COLOR][/SIZE][/FONT][FONT=Calibri][COLOR=navy][COLOR=navy], KS 66208[/COLOR][/COLOR][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Please include your name and the last 4 digits of your social security number to match your loan records.[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Sincerely,[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Greenlight Funding Group, LLC[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy][FONT=Calibri]Email: [EMAIL="Support@greenlightfunds.com"]Support@greenlightfunds.com[/EMAIL][/FONT][/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Phone: 800.914.1574 | Fax: 800.914.4181[/COLOR][/COLOR][/SIZE][/FONT]
So, first of many. Checked and made sure that the lenders were not licensed in my state, sent the letters/emails, closed the bank account. First response from GreenLight Funds - a $300 loan, one of a number of loans that I've taken from them, overpaid by hundreds of dollars. Any thoughts on how to respond is most appreciated. I sent letters on Friday, so I have not yet filed complaints with BBB, AG, FTC. Thanks in advance...
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]While we appreciate your response in regards to your outstanding loan, we would also like to make you aware of the fact that you voluntarily entered into this loan agreement, and it is in no way misleading. We strongly believe in complete honesty and transparency in our business; we believe this is necessary to help build strong relationships with our clients. [/COLOR][/COLOR][/SIZE][/FONT] [FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy] Greenlight Funding Group, LLC provided full disclosure at the time of loan, outlining the terms of the loan as well as applicable fees and the fee schedule for the loan. We also informed you that if after 24 hours of signing the agreement that you are not in agreement and do not wish to keep the loan, we will gladly reverse the transaction without any fees within 24 hours after the loan has been funded. In addition, we encourage all of our clients to call us and ask questions if they do not understand any of the terms on our website. [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy] Our goal is to provide the best customer service to each and every one of our clients that comes to us with a short term cash emergency quickly and efficiently to help them get thru their financial crises.[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Greenlight Funding is eager to resolve your loan dispute in a fair and equitable manner. We would ask that you honor your loan agreement and submit the balance of $393.75 of your principle payment to close out the loan. [/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]You may make your payment online with credit/debit card at www.greenlightpmts.com[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]OR[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Please remit final payment to:[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Greenlight Funding Group, LLC[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]P.O. Box[/COLOR][/COLOR][/SIZE][/FONT][FONT=Calibri][COLOR=navy][COLOR=navy] 8736[/COLOR][/COLOR][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Prairie Village[/COLOR][/COLOR][/SIZE][/FONT][FONT=Calibri][COLOR=navy][COLOR=navy], KS 66208[/COLOR][/COLOR][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Please include your name and the last 4 digits of your social security number to match your loan records.[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Sincerely,[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Greenlight Funding Group, LLC[/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy][FONT=Calibri]Email: [EMAIL="Support@greenlightfunds.com"]Support@greenlightfunds.com[/EMAIL][/FONT][/COLOR][/COLOR][/SIZE][/FONT]
[FONT=Calibri][SIZE=3][COLOR=navy][COLOR=navy]Phone: 800.914.1574 | Fax: 800.914.4181[/COLOR][/COLOR][/SIZE][/FONT]
Welcome Markuggiero, Your next step will be to not pay a dime.
Welcome Markuggiero,
Your next step will be to not pay a dime. You have already paid off the principal amount. Rather, you should get a refund from this payday loan company (provided they are illegal). Most of the illegal pdl lenders send these kinds of letters to the people. So, you shouldn't be surprised at all. Send another letter to them asking for a refund. Mention in the letter that you'll have to file a complaint with BBB, AG, FTC if they don't give you a refund.
I hate how these pdl's make you feel guilty about not paying. T
I hate how these pdl's make you feel guilty about not paying. They act like you are misleading them not the other way around. When lawers write this stuff it is much harder to understand.