Debtconsolidationcare: Internet's first get-out-of-debt community
473,117 members

Internet's first get-out-of-debt community 486,040 members


Debt Consolidation Forums Payday Loan help

MN Illegal PDL loans - can I sue?



Sub: MN Illegal PDL loans - can I sue?
Mon, 07/11/2011 05:27

I've closed my checking so the withdrawals have stopped finally. Now, reviewing my bank statements I've added the numbers and it looks like I paid $2700 for loans totalling about $1100. I know that I've paid the princepal back on all of the loans just wondering if I can hire a lawyer to get the $1600 back?



Article Rating: 
OhioGal1
OhioGal1


Debt Samaritan
Posts: 5217
Credits: 73989.196477606 Send message to OhioGal1

Sub: #1 marvel, in the future, please read the entire thread before postMon, 11/07/2011 - 05:27



marvel, in the future, please read the entire thread before posting replies.

How to Deal with Unlicensed/Illegal Payday Lenders - Step by Step Instructions

I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.


marvelbecks
marvelbecks
Posts: 143
Credits: 4201.3 Send message to marvelbecks

Sub: #2 I think it would be better for you to talk to the lender first aSun, 11/06/2011 - 21:33



I think it would be better for you to talk to the lender first and check if you can get a refund. But, in general, as has been seen, this is not going to happen. If you are sure that they are illegal payday lenders, then first file complaint with the FTC and the State???s Attorney General. Court related proceedings are costly affairs and it is better to avoid those as much as possible. It may cost you much more than what you have actually paid as extra to the payday lender.


SOAPLADY
SOAPLADY


Debt Samaritan
Posts: 17094
Credits: 376507.51777267 Send message to SOAPLADY

Sub: #3 you are dreaming if you are thinking of extra christmas money...Sun, 11/06/2011 - 08:05



you are dreaming if you are thinking of extra christmas money......
Court proceedings take time....and money. You have to pay for the filings.

You are not going to teach them a lesson....they know what they do and they do it well. They know what is legal and illegal.

As for a refund...if they ignore you chalk it up to an expensive lesson learned.

As for them ignoring you, if it was the first party calling, they have every right to call...the FDCPA does not apply. As for detailed transactions, once you stop paying, they are not going to go out of their way to customer service your account. You should have been keeping track of the transactions yourself.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com...imitation.html


Sub: #4 Thanks for the replies. Lets assume they are in the US, and I hSun, 11/06/2011 - 06:52



Thanks for the replies.
Lets assume they are in the US, and I have a lawyer that I wouldn't have to pay for. Would I be able to sue? I am just wondering if its possible or am I just out the extra money
I would really like to "teach" them a lesson since they are ignoring my requests for proof of the debt (I have twice requested a detailed statement of all transactions) as well, I've twice asked them to stop calling my work phone and they still did but not for a few weeks now.
Unfortunately I did not keep notes on who and when I spoke to so i can't get them on that but I would love to get my money back. Christmas is coming.


OhioGal1
OhioGal1


Debt Samaritan
Posts: 5217
Credits: 73989.196477606 Send message to OhioGal1

Sub: #5 Request a refund from the lender. Suing would be a waste of Wed, 11/02/2011 - 13:23



Request a refund from the lender.

Suing would be a waste of your money as most of these illegal lenders are offshore and not subject to our laws.

How to Deal with Unlicensed/Illegal Payday Lenders - Step by Step Instructions

I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.


Add new comment

Full HTML

  • Web page addresses and e-mail addresses turn into links automatically.

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd><img>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
CAPTCHA
This question (Case Insensitive) is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.
Share post


DEBTCC "Share and Win iPad" Contest

Follow and like DEBTCC



& "Get Social" for your Chance to Win iPad!!

WIN A FREE iPad

Get Social for your Chance to Win iPad

Page loaded in 0.920 seconds.