Not allowed to do business in New Jersey
Complaint
Melissa Lynn McFadden
Country: United States
According to their on-line information they are not allowed to do business in about 6 or 7 states, which includes New Jersey. I did not apply on line but over the phone. The representative, named "Hugo" never told me that they shouldn't be doing business in NJ and couldn't lend me the money, but he did anyway. I paid over $3,500 so far and they said I now owe them over $10,000 for a $5,000 loan! To stop them from calling I sent a "cease and desist letter (which is extremely legal)" and have not had one call either at work, family etc. since. They googled my brother and family (which is also illegal and constitutes harrassment) and I told them that they cannot call anyone whose name is not on the documents... I am currently looking for the services of a consumer advocate attorney since they listed this on my credit reports as a "charge off" and am now looking to have this removed....
this will get taken care of one way or another...
this will get taken care of one way or another...
Comments
If they are not allowed to do business in New Jersey, then also file a complaint with the New Jersey Attorney General. They should be able to put you in touch with the New Jersey agency responsible for regulating financial or payday loan businesses who do business in New Jersey.
You might use what leverage you have to force a settlement for repayment of the original $5000, as payment in full, with all credit reporting removed, since they were not legally allowed to lend in New Jersey in the first place.
Can you tell me your outcome because I'm having the same problem please contact me @ wayy744@gmail.com
\ Thank you