Cash Direct Express/GECC sent me to collections

it is never too late to ask for a pmt plan on any bill,....it is not illegal to have a collection agency in MN there are just rules to follow. if you owe the bill, the best thing to do would be to actually try to contact the original creditor if you can and ask them to retract the bill from the agency and allow you to mk pmts to them if possible. likely they turned it over if you were avoiding them......ask for 4 equal pmts...they will probably be thrilled

what state are you in?
how much did you borrow?'
how much was debited by GECC?

they are not licensed to lend therefore you pnly owe what you borrowed.

alliance is an unlicensed collector for unlicensed pdl's.please provide the info requested,and we can further advise from there.

I live in Minnesota. I borrowed $350 and have paid $385.00 in fees. From what I could find Alliance is licensed in Minnesota and GECC is licensed in Delaware. It seems my only recourse is to try and contact GECC to see if I can work out a repayment plan and retract the bill from collections. GECC is also a member of CFSA.

is GECC licensed in MN?if not then point out this to ALLIANCE.sometimes the CA will be collecting for an illegal pdl.minnesota law now states that a pdl must be licensed in that state to lend.find out if GECC is licensed in MN.it doesn't matter if they are licensed in delaware.they have to be licensed in MN.

From what I can find any internet payday lender has to be licensed in the State of Minnesota effective 8-1-09. Prior to that they would have to follow the payday law of the State they are licensed in. I don't think I have a choice but to try and get the debt collection retracted through GECC.

There are many, many CA with the name Alliance. Probably at least half a dozen in my states database. make sure you are looking up the correct alliance and that the names match-I am pretty surre this one is located in mission, KS. I would be really surprised if they are liscensed. I have dealt with them and they don't act very legal. They sent me a dunning letter I dv them and never heard from them again.

The "remit to" address is AAM, Inc. 330 Georgetown Square, Suite 104, Wood Dale, IL 60191. The return address is Department #5975, PO Box 1259, Oaks, PA 19456. On the back of the collection letter it states
"this collection agency is licensed by the MInnesota Department of Commerce". I did a lookup on the MN Dept. of Commerce Website and it does show an Allied Asset Mgmt. with a license in Minnesota. Not sure where to go from here. I am going to send them a debt validation letter thought. Should I ask them for their Minnesota license # to verify they are licensed?

they are not the same as ALLIANCE ASSET MANAGEMENT.after further scrutiny they are not licensed at all.as for the law.i thought it was 4-01-09 when the law went into effect.

I too have a payday loan w/GECC Cash Direct Express
Alliance Asset Management keeps calling me for payment. I borrowed 400.00 and have paid back 400.00 but they also want 350.00 in late fees and interest. I do not have 350.00 any suggestions. I live in Ohio and have not been able to locate a license number for either of the two.

file AG and FTC complaints against both parties.being illegal as they are you owe nothing to either one.

I got a collections letter from these people also. I sent them a debt validation letter and filed a complaint the the Pennsylvania AG and BBB. Received a paid in full letter from AAM representing GECC enclosed in a letter from the PA AG.

I have a loan with cash express. I have paid $620 on a $400 loan. They say I still owe $520. Does anyone know if I have to pay the rest of this? I really don't think I have to pay $1100 on a $400 loan.. any advice?

plsease read my post today at 644 pm on payday loan thread - i have question about my alliance asset ( one eorgtwn rd illinois and GECC) i also paid more than m,y loan in fees and off principle - 60
i have their fax and email and already sent letter to direct right when closed acct in july never heard from them again only letter from alliance
they try to call but my phone is hooked to fax!
i live in PA only 2 rollovers allowed correct esp w new law? i have paid 60
and 7 ( 2 allowed ) even 5 fees @ 66 each is 330 plus 60 equals 390
they say i owe 375
not even getting into the interst rate they overcharged - just want to be over the amt they say and get on w life
direct / gecc isn't lic in PA only delaware or they wouldn't have sent to collection right away - got letter less than2 wks after closed account - the loan was for 300
any advice? please please read my thread under the good news for PA
my email is Please stop posting your email address as it is against the TOS and for your protection, thank you, Shazzers as i have a letter already done ( didn't send a cease and desist- but i will add via email ) and a 4 page letter i sent to northway 2 years ago ( on brother's atty letterhead) ( see other thread for clarity ) and advice thoughts...im kind of confused about if alliance is licensed in PA? does it matter for collection? im sure they are lic in illinois but it doesn't really matter for them right ? it's just the agency - direct GECC and they are only lic in delaware as far as i know
much much much thanks
julie - jules - jul

gecc is a memeber of the CFSA? what does that mean for me as a PA loan customer w GECC and now dealing w alliance on a 300 loan? i paid 7 fees of 66 and 60.00 much thanks! going to email and fax ( proof of payment via bank statements on brother's attorney letterhead and email new PA law i found on this AMAZING FORUM)
JULES

that doesn't matter.even CFSA members overstep.you took your loan out after 2/1.so the loan was illegal.keep your course.

I need to know what i owe on my GECC LOAN,,i am tring to get in contct with this co. they got every-thing listed accept there ph.no plz respond asap
Donald Shoffler

get congress to stop these short term loans,,,most are fake,,,,set up to sleel your money,,,,this is true

you wont get them by phone ,,they dont list a no... they are dishonest,,,they must be stoped from robbing us

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