Complaint Review: Ez money loans

Re: Court Summons for outstanding loan To Loan Collection Customer Care Jan 7 at 12:40 PM i have never taken out a loan i am a victim of identity theft Hide original message On Monday, January 7, 2019, 11:05:42 AM CST, Loan Collection Customer Care wrote: Date: 01/04/19 Superior Court Of California County of Los Angeles South District – Long Beach 415 W Ocean Blvd, Rm. 203 Long Beach, CA 90802 Name: JULIA LAMBERT Address: 321 S PAULINE ST, MEMPHIS, TN 38104 Phone: (901)691-8311

SUBJECT: EARNINGS WITHHOLDING ORDER CASE ID: BC9630246 DEAR JULIA LAMBERT, WE HEREBY SUMMONED YOU ON BEHALF OF EZ Money LOANS INC. FOR NOT PAYING PAYDAY LOAN TAKEN ON JULY 31, 2015. AS PER THEIR EXPLAINATION, YOU WERE GIVEN ENOUGH TIME TO MAKE PAYMENTS THROUGH VALID PAYMENT OPTIONS.

YOU MUST ANSWER TO THE COMPLAIN HEREWITH SERVED UPON YOU. WE ARE PROVIDING DETAILS OF YOUR ACCOUNT BELOW. SOCIAL SECURITY NUMBER: 415-xxxxxx LOAN ACCOUNT NUMBER: EZML1195799028 UNPAID OUTSTANDING BALANCE: $690.57 YOU ARE SUMMONED FOR VIOLATION OF FEDERAL BANKING REGULATIONS AND COLLATERAL CHEQUE FRAUD.

THE ENTIRE COST OF THE LAWSUIT IS $2579.94 WHICH INCLUDES INITIAL LOAN AMOUNT, DELAY CHARGES, INTEREST, ATTORNEY’S FEE AND CASE REGISTRATION CHARGES. AN ANSWER TO THE COMPALINT, WHICH IS HEREWITH SERVED UPON YOU, IS REQUIRED UNTIL JANUARY 18, 2019. IF YOU FAIL TO DO SO, JUDGEMENT BY DEFAULT WILL BE TAKEN AGAINST YOU AND YOU MUST PAY ENTIRE COST OF THE LAWSUIT INCLUDING ADDITIONAL CHARGES.

YOU MUST ADDRESS THIS LAWSUIT TO CLERK OF THE CIVIL ISSUES DEPARTMENT IF YOU WANT TO GO THROUGH THE COURT. YOU CAN CONTACT THE COMPANY IF YOU WANT TO PAY WITHOUT COURT INVOLVEMENT. SINCERELY, URIEL OCAMPO PLEASE CONTACT THE COMPANY ON OR BEFORE WHEN: DATE: JANUARY 18, 2019 WHERE: EZ MONEY LOANS INC., 706 S SPRING ST, LOS ANGELES, CA 90014 collections@ezmoney24365.com / customer.care@ezmoney24365.com ROGER LAW FIRM, MONTGOMERY ST, SAN FRANCISCO, CA 94133 legal@rogerlawfirms.com

A screenshot of a cell phoneDescription automatically generated Dear JULIA LAMBERT, This is a reminder email about your past due with EZ Money Loans Inc. from a payday loan taken on July 31, 2015. Our records indicate that you have an outstanding balance following non-payment of loan. Despite sending you several reminders in past in the form or mails, emails and phone calls, we have received no payment from you about your past due account with EZ Money Loans Inc.

Below is the information of your debt: Loan amount: $800.00 Total amount: $1214.60 Outstanding balance: $690.57 If you fail to voluntary satisfy requirements for payment of your debt to EZ Money Loans Inc., we have to follow court procedure to enforced collection of the debt, which may entail additional expenses for you, for example, the expenses in the amount of state duty, the cost of representative’s services for the proceedings, the compensatory interest for each day of delay, court fees and administrative charges.

Wage garnishment will be enforced if we do not receive good faith payment in 15 days. Collection proceedings may also hurt your credit rating. We registered online case with Superior Court of California, County of Los Angeles. Please note down the reference number for the case as BC9630246. Please check below information to know further details.

Name: JULIA LAMBERT Loan Account # EZML1195799028 Address: (((REDACTED))) MEMPHIS, TN (((REDACTED))) Phone: ((((REDACTED))) We are unable to wait for your payment anymore. We tried our best to help you resolve this issue outside court house. We are taking this case for court proceedings. BC9630246 is your case number. The Lawsuit has been filed. You will receive court summons and other legal documentations till January 18, 2019.

We apologize for the inconvenience you are facing but we will proceed legally. We gave you ample time and have been more than patient with you. We received the commencement date of this case. The suit is already placed, and the case will start on January 25, 2019. You will have to pay a hefty sum of $2864.20 which includes your principle amount with interest, Attorney fees, Court fees and additional administration fees through court procedure. We will see you in court.

We feel there is no recourse but to put your account in the hands of our qualified lawyers to get a lawsuit filed against you. This action will affect your credit rating. We may also report this to the I.R.S. as "bad debt loss” with form 1099-A if payment is not received. We have filed Wage Garnishment Process and ready to contact your employer and Social Security Department. We can offer you to settle this debt outside court house if you wish to make a good faith payment within 15 days after you receive this email.

If you fail to voluntary satisfy requirements for payment of your debt to EZ Money Loans Inc., we will follow court procedure to enforced collection of the debt, which may entail additional expenses for you. Wage garnishment will be enforced if we do not receive good faith payment within 15 days of this email. Enforcing collection procedure may also hurt your credit rating. We registered online case with Superior Court of California, County of Los Angeles.

Please note down the reference number for the case as BC9630246. Please check below information to know further details. As per FDCPA, company agrees to provide payment arrangement if an immediate payment in full will create an undue hardship. We can modify payment arrangement when hardship exists. However, we cannot reduce the total balance due. Company agrees to give you pay-off discount if you are willing to pay without going through court. In case of denial, we must issue an Earnings Withholding Order to collect your delinquent court-ordered debt.

We will instruct your employer and social security department to deduct up to 50% of your disposable earnings for each pay period. The total outstanding amount under your name is $690.57. We are providing you a proposed payment plan below. However, we can help to change payment dates if there is hardship or a different pay schedule. 1. $172.64 – 11/01/19 2. $172.64 – 25/01/19 3. $172.64 – 08/02/19 4. $172.64 – 22/02/19 We can offer 15% reduction in payoff amount if you want to clear outstanding balance within 15 days of this email.

Please write us back as per your convenience. Please make a good faith amount within 15 days of this email to avoid further proceedings. Late Payment charge of $39.00 will be added if you don't make your first payment till next Friday. With Regards, Douglas Agans customer.care@ezmoney24365.com / collections@ezmoney24365.com 706 S Spring St, Los Angeles, CA 90014 Please check below for your consumer loan agreement and court notice filed online in the county of Los Angeles, Superior Court of California.

Please check documents carefully and reply us back if you want to resolve this issue. Note: This is online registration of case. Actual court papers will be mailed at your address once we start legal procedure. We will start legal procedure if you will not make a payment in 15 days. Please check below for the Consumer Loan Agreement signed between JULIA LAMBERT and EZ Money Loans Inc. Consumer Loan Agreement Date: July 31, 2015 Name: JULIA LAMBERT Account: EZML1195799028 SSN: 415-xx-xxxx Address: (((REDACTED))), MEMPHIS, TN (((REDACTED))) Phone: (((REDACTED))) Loan Amount: $800.00 Total Interest: $414.60 Total Amount Due: $1214.60 For value received, the undersigned JULIA LAMBERT(the "Borrower"), staying at (((REDACTED))), MEMPHIS, TN (((REDACTED))), promises to pay to the order of EZ MONEY LOANS INC. (the "Lender"), at 706 S SPRING ST, LOS ANGELES, CA 90014 (or at such other place as the Lender may designate in writing), the sum of $800.00 with interest from August 14, 2015, on the unpaid principal at the rate of 315.27% per annum. I.

TERMS OF REPAYMENT A. Payments Unpaid principal after the Due Date shown below shall accrue interest at rate of 45% monthly until paid. The unpaid principal and accrued interest shall be payable in four bi-weekly installments of $304.00 and the last one to be $302.60, beginning on August 14, 2015, and continuing until September 25, 2015, (the "Due Date"), at which time the remaining unpaid principal and interest shall be due in full. B. Application of Payments All payments on this Note shall be applied first in payment of accrued interest and any remainder in payment of principal. C. Late Fee The Borrower promises to pay a late charge of $39.00 for each installment that remains unpaid more than three day(s) after its Due Date. This late charge shall be paid as liquidated damages in lieu of actual damages, and not as a penalty.

Payment of such late charge shall, under no circumstances, be construed to cure any default arising from or relating to such late payment. D. Discount If the principal and accrued interest are paid in full on or before August 31, 2015, the Borrower shall be entitled to a discount equal to 15% of the unpaid principle amount immediately prior to such payment. E. Acceleration of Debt If any payment obligation under this Note is not paid when due, the remaining unpaid principal balance and any accrued interest shall become due immediately at the option of the Lender. II. COLLECTION COSTS If any payment obligation under this Note is not paid when due, the Borrower promises to pay all costs of collection, including reasonable attorney fees, whether a lawsuit is commenced as part of the collection process. III. DEFAULT If any of the following events of default occur, this Note and any other obligations of the Borrower to the Lender, shall become due immediately, without demand or notice:

1) The failure of the Borrower to pay the principal and any accrued interest when due;

2) The liquidation, dissolution, incompetency or death of the Borrower;

3) The filing of bankruptcy proceedings involving the Borrower as a debtor;

4) The application for the appointment of a receiver for the Borrower;

5) The making of a general assignment for the benefit of the Borrower's creditors;

6) The insolvency of the Borrower;

7) A misrepresentation by the Borrower to the Lender for obtaining or extending credit; or

8) The sale of a material portion of the business or assets of the Borrower. IV. SEVERABILITY OF PROVISIONS If any one or more of the provisions of this Note are determined to be unenforceable, in whole or in part, for any reason, the remaining provisions shall remain fully operative. V. MISCELLANEOUS All payments of principal and interest on this Note shall be paid in the legal currency of the United States.

Borrower waives presentment for payment, protest, and notice of protest and demand of this Note. No delay in enforcing any right of the Lender under this Note, or assignment by Lender of this Note, or failure to accelerate the debt evidenced hereby because of default in the payment of a monthly installment or the acceptance of a past-due installment shall be construed as a waiver of the right of Lender to thereafter insist upon strict compliance with the terms of this Note without notice being given to Borrower.

All rights of the Lender under this Note are cumulative and may be exercised concurrently or consecutively at the Lender's option. This note may not be amended without the written approval of the holder. VI. GOVERNING LAW This Note shall be construed in accordance with the laws of the State of California. VII. SERVICE FEE CALCULATIONS The limits on the service fees for payday loans are based on the amount of the loan. The payday lender may charge up to 15% on the first $100, 14% on the second $100, 13% on the third $100, 12% on the fourth $100, and 11% on the fifth and sixth $100. Therefore, the following service fee limits apply: Payday Loan Amount Total Service Fee Limit $ 50 $ 7.50 $100 $15 $150 $25.50 $200 $29 $300 $42 $400 $54 $475 $62.25 $500 $65 $600 $76 Payday loans can be very expensive.

For example, a customer who borrows $100 will be charged up to $15 for a two-week loan (the payday lender may provide for a shorter or longer period -- up to 31 days). The customer writes a check for $115 and receives an immediate $100 in cash. Because the payday loan is short term, the service fee translates into a triple-digit annual percentage rate (APR). The following illustrates the calculation of the APR on this payday loan. The daily interest charged ($15/14 days) is $0.863753. Convert the daily interest charged into an APR: $0.863753 x 365 days in a year = 315.27% While the actual cost of this two-week loan is $15, the annual percentage rate of that $15 is 315.27%.

The payday lender may charge an additional database verification fee of $5.00 per transaction. VIII. SIGNATURES IN WITNESS, WHEREOF this Agreement has been executed and delivered in the manner prescribed by law as of the date first written above. Signed this Consumer Loan Agreement electronically on July 31, 2015 with EZ Money Loans Inc. Borrower: JULIA LAMBERT Lender: EZ MONEY LOANS INC. Address: 706 S SPRING ST, LOS ANGELES, CA 90014 Email: COLLECTIONS@EZMONEY24365.COM / CUSTOMER.CARE@ezmoney24365.com Signed By: AMY CRATER (Loan Officer) AMORTIZATION SCHEDULE This is a proposed payment schedule to understand division of Interest and Principal Amount.

You must pay delay charges (per the loan agreement) if payments will be delayed. Annual Percentage Rate = 315.27% Principal = $800.00 Payment Number Payment Date Total Payment Interest Amount Pending Loan Balance 0 07/31/2015 $0.00 $0.00 $800.00 1 08/14/2015 $304.00 $104.00 $600.00 2 08/28/2015 $304.00 $104.00 $400.00 3 09/11/2015 $304.00 $104.00 $200.00 4 09/25/2015 $302.60 $102.60 $0.00 Total $1214.60 $414.60 $0.00 Copyright @ 2015 || EZ MONEY LOANS INC. || Privacy || Terms of Use || Confidential