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  • Report:  #553200

Complaint Review: Loan Shop Online

Loan Shop Online LTS Mamagement Services only wants to argue about facts Wilmington, Delaware

  • Reported By:
    art — Erie Pennsylvania United States of America
  • Submitted:
    Tue, January 12, 2010
  • Updated:
    Tue, January 12, 2010
  • Loan Shop Online
    2207 Concord Pike #250
    Wilmington, Delaware
    United States of America
  • Phone:
    888-265-5074 ex.4406
  • Web:
  • Category:

On 10/08 2009 I received a $400.00 loan. They took $240.00 out of my account on 11/18/2009.

We have had unauthorized withdrawals from our bank accounts. This forced us to close accounts and void all authorizations.

These circumstances gave us cause to be in contact with the Pennsylvania Banking Commission and the Pennsylvania Attorney General's Office where we learned this type of loan is illegal in this state. We were advised to repay only the base amount of the loan, which we will do as soon as banking cocerns are rectified.

We sent them a certified letter explaining these facts. They keep calling and telling me that I owe $640.00 which will increase the longer I wait to pay!

I spoke with a Don Hay today, read the letter to him, and he said they didn't care about our financial difficulties when I said I wouldn't be able to pay them until the third Wednesday in February from my SSI check.

Respond to this Report!