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Hello-

I live in Nebraska and have had a couple payday loans that I'm trying to end the cycle on. They are with the following:

Mobiloans
Plain Green Loans
Big Picture Loans

Ive paid more than the principal on all of these and I did file complaints with my state attorney who did say Nebraska State Usury rate is 16% and doing further research looks like I'm only responsible for the balance.

Mobiloans has refused to work with me or answer any complaints at all and say my account will be charged off after 60 days which is in a couple days.

Are any of these lenders actually able to sue me or send me to collections?

Thanks!

After I have these loans done I'll be out of this horrible cycle!!!




Mobiloans has refused to work with me or answer any complaints at all and say my account will be charged off after 60 days which is in a couple days.


Not surprised at all because they did the same thing with me. They gave me the same threat. But don't worry about lawsuits because they can't sue you. They are illegal. Remember? Let them charge off your account. They can't report to the credit bureaus. So you'll be fine.

Sub: #1 posted on Thu, 07/12/2018 - 14:37

Nick Jonas Nick Jonas

(Posts: 40 | Credits: 4.23)

Hi Sarah,
You don't need to worry, just pay attention to pay off the principal amount you owe to them. Illegal lenders can't sue you for being default. Just wait for their next move and stay away from the payday loan trap.

Sub: #2 posted on Thu, 07/12/2018 - 18:03

tiarajoseph11 tiarajoseph11

(Posts: 330 | Credits: 45.57)

Thanks guys! I just received an email from them this morning saying they will no longer respond to me because I've told them the same thing over and over again. They reported me late to TransUnion but I'm disputing it so hopefully it will get off my credit report!

Sub: #3 posted on Thu, 07/12/2018 - 19:44

SarahC86 SarahC86

(Posts: 2 | Credits: 0.59)

These are the tricks they use to frighten the consumer. If you have [aid the principal amount, then don't worry. They can't sue you. But you can do a lot against them. If they ask you for money and disturb you after repaying the principal amount, then make a complaint against them to the State's General Attorney.



Sub: #4 posted on Fri, 07/13/2018 - 17:13

sanderspatricia29 sanderspatricia29

(Posts: 713 | Credits: 74.51)

dditionally, because you question the legality of your loan, I would like to take this
opportunity to inform you that Nebraska law, including usury law, is inapplicable to the
Company and its operations. The Company is a 100% Tribally owned and operated entity,
registered and located on the Tribe’s reservation in Watersmeet, Michigan (the “Reservation”).
The Tribe is a federally recognized sovereign American Indian tribe.1
The Company is
responsibly and lawfully engaged in the consumer financial service industry operating within the
Tribe’s Reservation and jurisdictional boundaries. The Company was established and operates
in accordance with Tribal law for the economic benefit and self-sufficiency of the Tribe, its
government, and its membership.


Big Picture Loans sent me this as a reply......has anyone had experience with them?

Sub: #5 posted on Wed, 07/18/2018 - 05:07

Unregistered


I have received the same reply from them. Still fighting for getting a refund from them. Don't know if I will succeed. It's a long battle. Let's have patience dude. They are tribal and hence illegal. They are a hard nut to crack.

Sub: #6 posted on Wed, 07/18/2018 - 18:25

David Martin David Martin

(Posts: 95 | Credits: 9.55)

I'm not trying to get a refund, I've already paid the principal. I just don't want to be taken to court......can they make you go to tribal court?

Sub: #7 posted on Wed, 07/18/2018 - 22:40

Unregistered


Don't worry, since they are tribal leaders, they can't sue you or take any legal action against you.

Sub: #8 posted on Thu, 07/19/2018 - 13:21

sanderspatricia29 sanderspatricia29

(Posts: 713 | Credits: 74.51)

Hey Sarah,
You don't need to worry at all. Tribal lenders are illegal as per the federal law, so how could an illegal entity can sue you or take legal actions against you :)
Just chill, no one's gonna take you anywhere.

Sub: #9 posted on Thu, 07/19/2018 - 19:40

Barbara Delinsky Barbara Delinsky

(Posts: 328 | Credits: 32.61)

Tribal court??? Just forget it. They can't do anything. All they can do is send letters after letters stating various reasons why you should pay your payday loans. I regret the day when I borrowed money from a payday loan lender.

Sub: #10 posted on Fri, 07/20/2018 - 12:21

David Martin David Martin

(Posts: 95 | Credits: 9.55)

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