An email from Cashnet/Payday Loan Yes

I would venture to guess you are nowhere near paying anything to that $350 principal. Before you go for that, you might want to hear what they say your balance is.

Now I'm confused I've read before, and got advice stating, that they were not licensed in my state of kentucky, that rollovers/extensions aren't allowed. Then to go back take what I had borrowed, and subtract what I had already paid in ext/rollovers.

If Payday Loan Yes is not licensed in your state and because rollovers are illegal in KY, any amount you pay towards this loan has to be added on your principal amount. Don't fall in any of their new settlement offers. They are trying to make more money from you. Take the help of your attorney general and inform the DFI about the pdl place. Send the remaining balance and ask for a "paid in full" letter. This shouldn't be a problem.

That's what I have to do still is write complaints to my AG, anyone have suggestions on how to word it?

Thx as always..

Use plain simple language to draft your letter to the AG. It should explain your complete situation and the needful investigations on the loan place. First pay the outstanding balance. Mention the payment method in the letter. This will keep you in the safe side.

Flow you can go to your AG website and download a complaint form. Send them the copy of this e-mail as well. I wouldnt fall for any setytlement offer from MR. Tim. This company is being sued by the state of WV for illegal loans. Best Wishes Kyside38

They made the mistake of calling me at work the other day. I have caller ID on my phone. I wrote the number down and did a reverse search. It showed a land line. Tomorrow I will get the physical address. Despite what they say, Global Payday Loans, Inc., Payday-Loan-Yes and CashNet are NOT licensed in Utah. I found the office a couple of weeks ago and someone by the last name of McPheeters e-mailed me. He must have gotten my e-mail address from the Delaware office because the certified letter I sent to the office here in Utah did not have my email address on it.

Do not send them any funds because you do not know what the settlement amount is right now. This company is difficult to deal with. Do a search for the AG in KY and you might be able to do your complaint online. Look for the consumer protection section on the website. If they are not licensed in Utah, then you will file a complaint there as well.

This is a copy of the letter I received from one company.

Peach, I sure like that whopping amount on the e-mail. LOL These jokers type worse than me. LOL KYSIDE38

Exactly. But what do I do now? These places are not authorized in NC. I've received a letter from another company too.

No, they aren't authorized in NC. Let them know that you are aware of the PDL's being PROHIBITED in NC also. They will tell you that they don't have to follow your state laws, but they do. Don't back down from them. :D

Mr. Atkins,

I only borrowed $150.00 and was offered the 70% discount but at that time I couldn't afford it because i was going through divorce and has since then filed for bankruptcy. As small as my balance was I would be glad to receive your settlement.

Thank you,


Alicia Stevens-Robinson

Will somebody do this poor soul a favor and remove her personal info?