Hi everyone! My name is Erica. I need some assitance with the following payday loan companies.
Internet: (borrowed amount...i have no clue on what they say i owe now)
Cash Banc 200.00
United Cash Loans 150.00
Greenlight Funds 150.00
Discount Adavance 130.00
Cash Net Usa 300.00
Title Cash 352
Alabama Title Loans 177
Advance America 177
Im a full time student with a weekend only job. What are the steps that I have to take in order to get these taken care of? The internet lenders are VERY VERY RUDE. David from Cash Banc had me in tears. Im so lost? If I pay these people I want have money for food or anything else for that matter. What do I do. I emailed each internet company this letter:
After doing research regarding Internet payday loan laws in the State of Alabama, I have found that your Internet payday loans are actually illegal. I have also found the following laws to be true applying to payday loans in the State of Alabama in general:
I hereby revoke any and all ACH authorizations with your company from debiting any of my personal accounts, per Federal law, Regulation E Section 205.10 Preauthorized transfers. I have closed my account with the Army Aviation Center Federal Credit Union to protect my interest in this matter, per instructions from The Alabama Department of Finance. I also revoke any and all wage assignments I may or may not have signed with your company, I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes. I have notified my employer about this matter so any attempts to do so on your part will be rejected.
I demand that any contact be made through email only. I will need everything in writing to keep accurate records of all communication as per instruction from my Attorney General's Office.
I prohibit you or your affiliates to contact me via telephone at my place of employment. My home
telephone number may be called only concerning closing this account ________. I also prohibit you from calling my references listed on my loan.
Due to the fact that Internet payday loans must be licensed in the state of Alabama to be a legal and binding contract, your company should NOT issue loans to Alabama residents at all. I am requesting that you send me your license number which enables you to offer loans to Alabama residents.
The legal amount that could have been charged to my loan is the principal amount, even IF your Internet pay day loan were legal anywhere in the U.S.. I am willing to pay the principle amount of the loan only, however, this is only if you provide me with a physical address where I can send payments.
I must also inform you that I have filedcomplaints with the Better Business Bureau, the Federal Trade Commission, and the Alabama Attorney General's Office.
I expect a response from your company no later than closing today regarding this matter. Telephone contact is permitted. I advise you to not attempt to contact my place of employment or references.
Erica Personal info removed for your safety - Jason
Better Business Bureau
Alabama Attorney General
Federal Trade Commission
They will not respond and continue to ask for payments. HELP ME!!!!