index page

IT WORKS!!!!!!!

Date: Fri, 08/03/2007 - 09:39
Submitted by sfate on Fri, 08/03/2007 - 09:39
Posts: 39
Credits:
[Donate]

I live in NC and I have 7- 6 more to go outstanding loans. I rec'd an email from Magnum Payday about a collection account and I responded to them that in NC they are illegal and I would like to see their license and told them I contacted the Attorney General's office and this was the response I got:

Quote:
Dear ,

Thank you for your business and for providing us the opportunity to clarify the lending laws that pertain to our relationship. Magnum Cash Advance is a Delaware licensed lender with no physical presence or agents in the State of North Carolina. We are compelled by law to follow the regulations of the state jurisdiction in which we operate in, which is Delaware. As such, we are neither subject to nor in violation of North Carolina law.

Our loans are approved and funded from Delaware. We do not advertise in any specific state nor target the residents of any particular state. As our lawyer would say, we have no ‘nexus’ with any state.

It is not our intent, however, to maintain a business relationship with a dissatisfied customer.
Our records show that you have been an excellent customer and we are willing to forgive your remaining debt as you have paid more than you have borrowed over the course of four loans.

No further collection activity will be made regarding this account.

I am available to to speak with you at your convenience. My direct extension is 1-866-406-6800 extension 1001. My e-mail address is bprohaska(at)magnumcashadvance.com
To discuss our contract and any nexus issues please contact Norman Faye at extension 1009.


Thank You,
Bill Prohaska
Director Of Operations
Magnum Cash Advance
1-866-406-6800 (press # 4 for Automated Phone System)
Hours of Operations: Monday to Friday 9:00 AM-6:00 PM EST
Visit our website at magnumcashadvance.com
Questions or Concerns email: info(at)magnumcashadvance.com


I was so afraid, they say I have been an excellent customer what I was, was an excellent fool for so long!! I have been entangled in these payday loans for 2 or more years. IT FEELS GOOD TO BE GETTING FREE THANK ALL THE MODERATORS I LOVE YOU I CAN GET MY LIFE BACK ON TRACK!!!!


Submitted by sfate on Fri, 08/03/2007 - 09:48

sfate

( Posts: 39 | Credits: )


Yes! :D I'm sooo happy! It does work, doesn't it? Yay! Congratulations to you! Yes, you've been an "excellent customer" because you've given them so much money over the years! LOL! But you're free and clear from them now. Ya-Hoo!


Submitted by cannr on Fri, 08/03/2007 - 09:59

cannr

( Posts: 9317 | Credits: )