Payday Loan Company Threats...HELP

payday lending is illegal in north carolina. report them to the AG. NC has been suing the pants off from companies like this. Check your state banking website for the list of lawsuits.

Immediately send them a wage revocation letter cmrrr and also give a copy of the wage revocation letter to your employer. Sonic has a twisted way of thinking. They think they are untouchable. Just remember we will have the last laugh at the payday loan industry.

Unfortunately, some PDL's are apparently legal in Texas, but how do I find out if a specific lender is licensed to lend in Texas or if they are violating any Texas laws regarding PDL's?

Does anyone know what exactly needs to be said in a cease and desist letter? I need to send one to Sonic.

there is a sample in the do it yourself section

This is the link to Texas licensing:

http://www.banking.state.tx.us/itds.htm

Here is texas law:

http://www.capitol.state.tx.us/statutes/statutes.html

look for these:

7 Tex. Admin. Code ?? 1.605 et seq. (effective June 16, 2000); Tex. Fin. Code Ann. ?? 342.601 et seq.

i must be an idiot because I can't find it...

dream,

You can review the letter drafted by Nicole. Hope it will help you.

http://forums.debtcc.com/forums/dealing-sonic.html

dream, also make sure you let them know you ahve reported them. ( little fear is good)

Thank you guys so much!!! I'll keep you informed as to how it goes. NO more tears... :D

Do not let Sonic or cash transfer scare you in any way. They act smug but they have no legal ground to stand on. Follow the advice in the previous posts and you will be fine. They forgave my debt because I did have legal grounds to sue them, on more than one violation. They are not licensed and more states are cracking down on this. Use your state law to your advantage. Be persistent with this company and don't let them try to garnish your wages. Also, keep everything documented and you will be fine. :)

Does anyone have cash transfer centers mailing address? I am trying to consolidate my loans and I need the mailing address.

OK, after my 4th phone call with them today (Cash Transfer Centers)...I tried to get their address, first of all it's an international address, I guess, and the lady gave it to me so fast, I don't think I wrote it down correctly...so, if someone gets it could you please PM me with it...or post it if possible

I got the address.
15225 104th Ave.
Surrey BC V3R 6Y8
I hope this helps us.

They are indeed horrible to deal with but I haven't heard a peep from them since I sent that letter to them!

I hope that works for me...we'll see!!!!!!!!!!! :D :o

Pollyandsay, thank you so much! For some reason I couldn't find the right place to go, so thanks!!!

The Payday Loan Avenger: CTC contacted my work today. What can I do to get them to stop?

What exactly did they do? It might be more helpful in the advice that I can give you.