USA Web Cash

Consumer Alert
Cash Web USA

Unlicensed Payday Lender

March 28, 2013

The Washington State Department of Financial Institutions (DFI) received a complaint from a consumer related to transactions entered into with Cash Web USA. The consumer alleged that this entity was operating without a license and was offering payday loans to Washington State consumers.

Cash Web USA is not licensed with DFI and is not registered to do business with the Washington Secretary of State or Department of Revenue.

The entity’s website is cashwebusa.com and is located in Costa Rica. This entity is not registered to conduct business in Washington State by the Department of Licensing, the Department of Revenue, or the Secretary of State. Washington residents are advised that state law provides in RCW 31.45.105(1)(d) and (3) that a small loan made by an unlicensed entity to a person physically located in Washington is uncollectible and unenforceable in Washington State.

Verify Licenses

DFI strongly recommends that consumers deal only with those lenders that are properly licensed to conduct business. Consumers can determine whether lenders are properly licensed using the “Verify a License” feature on the DFI’s website at www.dfi.wa.gov.

Payday Loan Debt Collection Laws

Consumers should know that Washington state law prohibits threatening or harassing behavior by individuals attempting to collect a payday loan. Only licensed companies are permitted to make payday loans in Washington.

The federal Fair Debt Collection Practices Act says debt collectors must send consumers a written notice within five days of their first phone call, showing how much the consumer owes and where the debt is from. The law says collectors can not say or even imply that nonpayment is a crime.

They can’t call before 8 a.m. or after 9 p.m. Collectors are not allowed to speak to a consumer’s employer about their debt. They are prohibited from harassing or abusing consumers and they must stop calling if the consumer asks them to.

Report Fraud

If you are suspicious of unlicensed activity by a payday lender contact the Department of Financial Institutions at 1-877-RING-DFI (746-4334), or online at www.dfi.wa.gov.

If you feel you have been the victim of a loan scam, contact the Federal Trade Commission at 1-877-FTC-HELP (382-4357), or online at www.ftc.gov.

If you feel you have been the victim of a scam involving the Internet, contact the Internet Crime Complaint Center at www.ic3.gov.

If you feel you have been the victim of a scam and are concerned about your personal financial information, contact your banking institution and the three major credit bureaus.

USA Web Cash
3175 Commercial Ave Ste 201,
Northbrook, IL 60062-1924
Phone: (224) 636-5000
Fax: (224) 220-5111

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Plain Green Loans

Consumer Alert
Plain Green Loans

Unlicensed Payday Loans

Updated: March 28, 2013

The Washington State Department of Financial Institutions (DFI) has received complaints against Plain Green Loans. It appears that this entity is operating as a tribal online payday lender. This entity stated they are an entity wholly owned by the Chippewa Cree Tribe of the Rocky Boy’s Indian Reservation of Montana, and that it has sovereign immunity. This entity asserts that it is not subject to regulation by the Department and that only the United States Government has jurisdiction over federally recognized Indian Tribes and their business activities.

Plain Green Loans is not licensed by DFI. This entity is not registered to conduct business in Washington State by the Department of Licensing, the Department of Revenue, or the Secretary of State. Washington residents are advised that state law provides in RCW 31.45.105(1)(d) and (3) that a small loan made by an unlicensed entity to a person physically located in Washington is uncollectible and unenforceable in Washington State.

Plain Green Loans operates a website at plaingreenloans.com, and lists its phone number as (866) 420-7159. The address that has been associated with this entity is: 93 Mack Road, Suite 600, P.O. Box 270, Box Elder, MT, 59521.

If you have a complaint against Plain Green Loans, you can mail it to:

Plain Green Loans
Attn: Consumer Complaints
PO Box 270
Box Elder, MT 59521

Verify Licenses

DFI strongly recommends that consumers deal only with those lenders that are properly licensed to conduct business. Consumers can determine whether lenders are properly licensed using the “Verify a License” feature on DFI’s website at www.dfi.wa.gov.

Payday Loan Collection Laws

Washington State law prohibits threatening or harassing behavior by individuals attempting to collect a debt. The federal Fair Debt Collection Practices Act states that debt collectors must send consumers a written notice within five days of the first collection phone call, stating the amount of the debt and what it relates to. Debt collectors cannot state or imply that failure to pay a debt is a crime. They cannot call before 8:00 a.m. or after 9:00 p.m. They cannot harass or abuse consumers, or contact consumers’ places of employment.

Report Fraud

If you feel you have been the victim of a loan scam, contact the Federal Trade Commission at 1-877-FTC-HELP (1-877-382-4357), or online at www.ftc.gov.

If you feel you have been the victim of a loan scam involving the Internet, contact the Internet Crime Complaint Center at www.ic3.gov.

If you feel you have been the victim of a loan scam and are concerned about your personal financial information, contact your banking institution, and the three major credit bureaus.

Tunica-Biloxi Tribe of Louisiana d/b/a Mobiloans

Consumer Alert
Tunica-Biloxi Tribe of Louisiana d/b/a Mobiloans

 Unlicensed Payday Loans

Updated: March 20, 2013

The Washington State Department of Financial Institutions (DFI) has received complaints against Mobiloans. It appears that this entity is operating as a tribal online payday lender. This entity stated they are wholly owned by the Tunica-Biloxi Tribe of Louisiana, and that it has sovereign immunity. This entity asserts that it is not subject to regulation by DFI and that only the United States Government has jurisdiction over federally recognized Indian Tribes and their business activities.

Tunica-Biloxi Tribe of Louisiana is not licensed by DFI. This entity is not registered to conduct business in Washington State by the Department of Licensing, the Department of Revenue, or the Secretary of State. Washington residents are advised that state law provides in RCW 31.45.105(1)(d) and (3) that a small loan made by an unlicensed entity to a person physically located in Washington is uncollectible and unenforceable in Washington State.

Tunica-Biloxi Tribe of Louisiana d/b/a Mobiloans operates a website at http://www.mobiloans.com and lists its phone number as (877) 836-1519. The address that has been associated with this entity is: Tunica-Biloxi Tribe of Louisiana d/b/a Mobiloans, 151 Melacon Rd, Marksville, LA 71351.

File a Complaint

If you have a complaint against Mobiloans, you can mail it to:

Tunica-Biloxi Tribe of Louisiana d/b/a Mobiloans
151 Melacon Rd
Marksville, LA 71351
Fax: (877) 891-7862
Phone: (877) 836-1519

Verify License

DFI strongly recommends that consumers deal only with those lenders that are properly licensed to conduct business. Consumers can determine whether lenders are properly licensed using the “Verify a License” feature on the DFI’s website at www.dfi.wa.gov/consumers/findcompany.htm.

Payday Loan Debt Collection Laws

Collection activities are subject to the federal Fair Debt Collection Practices Act. Therefore, if you have questions regarding debt collection laws please contact the Federal Trade Commission at 1-877-FTC HELP, or online at www.ftc.gov.

Debt collectors cannot state or imply that failure to pay a debt is a crime. They cannot call before 8:00 a.m. or after 9:00 p.m. They cannot harass or abuse consumers, or contact consumers’ places of employment.

Report Fraud

If you are suspicious of unlicensed activity by a payday lender please contact the DFI at 1-877-RING-DFI (746-4334), or online at www.dfi.wa.gov.

If you feel you have been the victim of a loan scam please contact the Federal Trade Commission at 1-877-FTC-HELP (382-4357), or online at www.ftc.gov.

If you feel you have been the victim of a loan scam involving the Internet please contact the Internet Crime Complaint Center online at www.ic3.gov.

If you feel you have been the victim of a loan scam and are concerned about your personal financial information, contact your banking institution, and the three major credit bureaus.