Woo! Another one down!!
[NAME WITHHELD]
RE: Correspondence received on April 03, 2007 concerning Sarah [LAST NAME]
Dear Sarah,
I am writing in reference to your correspondence received on April 03, 2007
Please be advised that GECC, Inc., dba Cash Direct Express is as follows:
1. Cash Direct Express is a lender licensed under the laws of Delaware
2. Cash Direct Express is not conducting business in the State of Michigan
3. Cash Direct Express does not maintain a location in the Sate of Michigan
As was specifically stated in your loan agreement, the loan was provided in accordance with the Laws that govern licensed lenders in the Sate of Delaware. The choice of venue was stated in your loan agreement as the State of Delaware . Our physical location is in the State of Delaware . The loan was approved and funded in the State of Delaware .
We have modeled our short term loan product to disclose all information available. We believe in being proactive for our customers and providing all pertinent information prior to funding. This step occurs when our customer’s are presented with their loan agreement. This allows our customers to conveniently view the structure of our product and make sure that they are satisfied with the service we provide and with all provisions set within the agreement. By signing this agreement Cash Direct Express believes the consumer has taken the opportunity to thoroughly review the agreement and would like an opportunity to utilize our service. With careful review of the correspondence received, your account and its notations it appears Cash April 4, 2007 I show that you have used our services once prior to your current loan. I'd also like to mention that our agreement and the provisions set within the agreement have not altered during your relationship with Cash Direct Express.
With respect for your complaint, not withstanding that we fundamentally disagree with several of the statements contained in your letter, Cash Direct Express has written off the remaining balance of your loan and marked the account as paid in full.
Lastly, I hope this was an amicable resolution for all parties. If you should have any additional questions or concerns please contact me with the contact information below.
Thank you,
[NAME REMOVED][/quote]
WOOOOOOOOOOOOOOOOOOOOOOOO HOOOOOOOOOOOOOOOOOOOOOOOOOO! :) :) :)
Congrats, this is good news. If they didn't have the disputed in
Congrats, this is good news. If they didn't have the disputed information in the statement, then why should have they willingly marked your account PIF. I just don't believe these loan companies do favors to anyone. Anyways, congrats for this small success, Sarah.
I know it -- I mean, if they REALLY THOUGHT that they weren't do
I know it -- I mean, if they REALLY THOUGHT that they weren't doing anything wrong, why would they be so quick to mark PID when I contacted them the third time letting them know I filed with the BBB and my AG?
They know they are wrong.
The rest of this e-mail was my letter -- so it's all there in writing. And I logged into my account; the balance is ZERO and GET THIS -- they have marked it so that I am "free to apply for a new loan." Yeah right. I am so not even that stupid.
You have stood strong in front of the company and knew your righ
You have stood strong in front of the company and knew your rights. That's all is important when these jerks need to be corrected. Anyways, keep the documents in safe place. You can never trust them if they sell your file to some debt collector and they try to recover on the same account. You might be in need of these print outs later, just in case.
Yes, I have printed it out and just called the collection agency
Yes, I have printed it out and just called the collection agency that I know is "handling" this account. I left a message asking for a FAX number to fax this agreement to. I know that this will never *really* be over, but I know I need to keep records.
Thank you -- just five more to go -- bleh. I'm finding that the
Thank you -- just five more to go -- bleh. I'm finding that the BEST thing to do is just tackle one collector at a time. Knowing that they can't haul me off to prison makes it so much easier to take this slowly clearing out all the "trash."
Thanks for your support all -- I am sleeping better at night now. :)
Great job Sarah! Hey don't look at how many you have left to go
Great job Sarah! Hey don't look at how many you have left to go, look at how many you have taken care of...less scary that way!
Keep it up!
Thanks again -- now I am working on MTE/TenDollarPayDayLoan/etc.
Thanks again -- now I am working on MTE/TenDollarPayDayLoan/etc./etc. They want me to pay them $200, just the principle; however, I overpaid them by about $113. I also had three other loans wiht them that were way overpaid. I am not giving them another dime.
I am going to pay off three loans -- because they are valid -- SonicCash, Check N Go (storefront), and MichiganPayDayAdvance (storefront) -- the last two are complying with the rules. :D That make it easy to work with them -- very kind and easy to work with. And Sonic is settling just for the principle and so I am actually getting a better "deal" with them.
Slowly slowly, I am getting somewhere!
I said it before --
-- but I will say it again:
THANK YOU TO EVERYONE ON THIS FORUM WHO HAS HELPED ME!!! YOU ARE THE BEST!
That's great news :-) It took me months of struggle to get a PI
That's great news :-) It took me months of struggle to get a PIF letter from them.
Submitted by Cow & Chicken on Mon, 04/09/2007 - 13:53
MB - It took me a little over a week -- I send them one email an
MB - It took me a little over a week -- I send them one email and one FAX everyday, and I gave them deadlines, and with each deadline that passed, I followed through on things that I said I would do -- file with the BBB after 48 hours -- then filed with the AG after another 24-hours. Finally, I "settled" with them on a PIF versus a refund. I really don't expect a refund, but I did want that PIF! Set deadlines, and stick to them.