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Anyone dealing with ezloansbynet?

Date: Thu, 10/19/2006 - 06:52

Submitted by tboz
on Thu, 10/19/2006 - 06:52

Posts: 6 Credits: [Donate]

Total Replies: 8


They are giving me an awful time. I sent my letter with a settlement offer ( I have paid $375 on a $500 loan.) Offered to pay the remaining $125 over two weeks. I received an email back stating they could not extend the loan unless I was in bankruptcy. :( Don't know what to do because they are due to debit tomorrow!!!


Have you spoken to your bank about this? It you revoke your ACH your bank can have you fill out an affidavit for investigation? I had this problem with Route 66 Funding and SGQ Processing, they debited my account even though I sent a letter and my bank had to investigate. I can't close my account till the overdrawn is paid since they debited the account anyway. I gave them copies of my documentation. My bank told me even if your checking account is closed if an ACH debit comes through it automatically reopens the account therefore a stop payment would be needed. That's just more money on top of existing debts. Also, a hold will not work either. Go in and talk to your bank and see what actions can be taken from their end. Don't forget to file a complaint with your AG office, FTC, and the BBB.
In your letter did you include your state laws concerning payday loans?
If not here is the the information and the link.
Quote:

Massachusetts State Information

Legal Status: Prohibited

Citation:
Small loan act applies. Mass. Gen. Laws Ann. ch. 140 ???? 96 et seq.;209 Mass. Code Regs. ???? 26.01. Check cashers are specifically prohibited from making loans unless licensed under the small loan act. 209 Mass. Code Regs. ???? 45:14(8).

Small Loan Rate Cap
23% plus $20 administrative fee upon the granting of a loan

Where to Complain, Get Information:
Regulator: Massachusetts Division of Banks
Address: One South Station Boston, MA 02110
Phone: (617) 956-1500
Fax: (617) 956-1599
Regulatory Contact: Kevin McNamara, Supervisor
Regulator????????s Website
Complaint Form
Complaint Instructions
Online Resources:
Education & Consumer Alerts



Also, on this website check out consumer help.



BTW what is your finance fee? Did you receive a contract disclosing the loan terms?


lrhall41

Submitted by Mamasita21 on Thu, 10/19/2006 - 12:13

( Posts: 99 | Credits: )


Does anyone have an address for SGQ PROCESSING?
I have a phone number but can't get any information from them or from Cash transfer centers for their address either?


lrhall41

Submitted by on Tue, 10/31/2006 - 10:32

( Posts: | Credits: )


I called the number and I get a recording. I have searched for several hours. The other number I have according to my bank is 913-754-5999 which is supposed to be in Kansas?
I can't locate any physical address for them.
Anyone please that can help me would be great.
I had to file bankruptcy yesterday and I need physical addresses.
Thank you


lrhall41

Submitted by on Tue, 10/31/2006 - 11:45

( Posts: | Credits: )


Quote:

Originally Posted by Anonymous
I don't have a physical address for SGQ Processing and had asked them for theirs but they never did give it to me. Below is the only info I have:

SGQ Processing
info(at)sgqprocessing.com
Phone: 1-866-828-6351
Fax: 1- 866-828-6352


I just got a loan with them and the first payment is due this weekend.
I hope that I do not have any problems with this...
Diane


lrhall41

Submitted by on Thu, 09/03/2009 - 06:17

( Posts: | Credits: )