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Multiple loans in Alabama...success!

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Hi guys. I wanted to let you know about my situation in Alabama. I had multiple pdl's recently. I had about 9 out at one time equaling about $3500. Here they are:

Greenpicket.com- 950
United Cash Loans- 300
Ameriloan- 490
BLVD Cash-490
StoneCanyon Lending-425
Sigma Solutions-289
Dollar Premier-625

This was getting unbearable paying them every two weeks for the past few months. I started following the threads in this board and took advice I read.

I have received paid in full on all accounts except for 1 that I still owe the premium on.

These lenders are all illegal in Alabama. Thank you all for giving the advice on this board. Lifesavers!




Great news!!! Thanks for the update!! The one you still owe on principal are they working with you?


Sub: #1 posted on Sat, 07/27/2013 - 16:42

HelpinAZ HelpinAZ
Moderators
(Posts: 1873 | Credits: 288.1)

Yes they are working with me. I told them when/how I could pay it off. They had a little push back at first, but they ended up accepting it.


Sub: #2 posted on Sat, 07/27/2013 - 21:44

audrum audrum

(Posts: 2 | Credits: 0.92)

Great news!!:)


Sub: #3 posted on Sun, 07/28/2013 - 03:51

HelpinAZ HelpinAZ
Moderators
(Posts: 1873 | Credits: 288.1)

Great news on your successes! Print PIF's and keep for future reference if needed.


Sub: #4 posted on Sun, 07/28/2013 - 03:56

bingonut bingonut

(Posts: 1433 | Credits: 168.82)

I too live in Alabama and am dealing an illegal lender MyCashAdvance. I sent the ACH letter you suggested in the how to deal with illegal lenders. I agreed to pay the prin owed. This is the response I received from them,

Dear Carol,


Thank you for contacting us.


Please note that the laws you are referring to only apply to loans made by

private citizens and companies.


You borrowed this money from the Oglala Sioux Nation, a federally recognized

Indian tribe. According to both federal laws and our treaties with the US

Government, we are not required to follow any state’s laws.


We only have to obey federal law and the laws of the Oglala Sioux Nation which

we have done.


If there is anything else we may do for you do not hesitate to contact us again.


Regards,


Priscila Brenes

Customer Support Specialist


What is your advice on how to proceed?


Sub: #5 posted on Tue, 08/06/2013 - 00:38

SeniorMama SeniorMama

(Posts: 16 | Credits: 1.57)

Typical response from an illegal lender....keep sending your email regarding paying back the principal amount borrowed....if they don't abide by your wishes, no money to them and their loss. Good luck!


Sub: #6 posted on Tue, 08/06/2013 - 01:17

bingonut bingonut

(Posts: 1433 | Credits: 168.82)

I sent an email restating that they do not have permission to ACH. My account has been blocked so they can't get money.

Thanks for the advice.


Sub: #7 posted on Tue, 08/06/2013 - 01:41

SeniorMama SeniorMama

(Posts: 16 | Credits: 1.57)

Your are quite welcome!


Sub: #8 posted on Tue, 08/06/2013 - 01:55

bingonut bingonut

(Posts: 1433 | Credits: 168.82)

Okay mycashadvance withdrew from my account with i have sent them an ACH revoke. It forced my account back open, but th thank goodness my bank is refunding me the money and place a hard freeze on the account. Mycashadvance hit it for 3 times as much of the owed balance.


My question is they are claiming tribal, but since they are being rude and down right theif's... I'm not paying even the principle owed. Can I do that?


I am filing complaints with my AG FTC and Banking department.


Sub: #9 posted on Wed, 08/07/2013 - 05:29

SeniorMama SeniorMama

(Posts: 16 | Credits: 1.57)

You can do that but we do not condone not paying back the principle owed. Why have you not closed your bank account and opened a new one not linked in any way to the old?


Sub: #10 posted on Wed, 08/07/2013 - 17:28

bingonut bingonut

(Posts: 1433 | Credits: 168.82)

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