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I've found a lot of helpful information on this site but can anyone shed some light on the laws regarding Internet loans in the state of Virginia? I currently have 4 Internet pdls out, 3 of which are being reasonable in working out payment arrangements with the exception of Zip19/Ecare solutions. I have drafted revocation of wage assignment letters but how do I stop the harassing phone calls and threats to send letters to my employer?
Zip 19 is an illegal lender all over the state of US. You owe them nothing more than the principal balance. No interest, no fees. Simply close down your old bank account and open a new one to stop debiting money from your account. Send them a Cease and Desist letter in writing via certified mail with a return receipt request. After that if they are still trying to harass you, file a complaint against them to the SAG or FTC.
Immediately send them a C&D letter and still if they don't stop harassing you, you should report to the FTC as this is against the FDCPA or the Fair Debt Collection Practices Act. Know the consumer rights!