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Chicagoan Files Class Action Suit Against Americash (UPDATED) #loan #companies #for #bad #credit


#americash loans
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Chicagoan Files Class Action Suit Against Americash (UPDATED)

In June of last year, Kevin Johnson needed some quick cash for an emergency. He stopped by an Americash Loans outlet in his Chicago neighborhood and did what many Illinois consumers do daily: took out a short-term $700 loan. Under the agreement Johnson signed, Americash required him to pay back the loan in 24 semi-monthly installments of $105.30 for one full year, totaling $2,611 dollars, equivalent to a 365 percent annual interest rate. After making steady payments for 6 months, Johnson just couldn’t dig up the necessary funds to pay off his increasing debt. So Americash provided him a second loan in February of this year for $400 dollars and with virtually the same terms. Now, if he pays off both loans on time and in full, he will have forked over almost $3,500 to Americash, all for $700 in short-term financial assistance.

In a state with payday lending regulations on the books, how did Americash manage to trap Johnson in this cycle? They simply stretched the terms of his loan beyond the 120-day limit by which the state defines a “payday loan,” instead distributing the funds as a consumer installment loan. which are virtually unregulated here*.

To Johnson, that difference is meaningless. Last Thursday, he filed a class action complaint (PDF) against Americash in a Chicago circuit court. He, along with attorneys Tom Geoghegan and Mike Persoon (of Despres, Schwartz, and Geoghegan) and Robert Cohen and Scott Frankel (of Frankel and Cohen), argue that evading the payday lending legal definitions doesn’t change the nature of the loan. As such, it should be subject to the provisions of the 2005 Payday Loan Reform Act. “They have no legitimate economic purpose for stretching out these loans except to avoid the act,” Geoghegan tells us. “It’s just a subterfuge.”

Geoghegan has a point. Prior to the 2005 law, it was common for payday loans providers to roll over a borrower’s initial loan, essentially allowing the consumer to re-borrow enough money to pay off the original debt if they needed to. The loan period, in other words, would start at 14 days and extend considerably longer, often in excess of 120 days. While PLRA explicitly banned this practice, consumer installment loans just institutionalize it. And that’s more dangerous for the consumer. “It’s actually a grosser violation to lock people into these long-term agreements than for a shorter period of time, as they did before 2005,” says Geoghegan.

Johnson also contends that Americash violated the state’s Consumer Fraud and Deceptive Practices Act, which prohibits the use of business practices that “violate the public policy of Illinois, or are unconscionable or unfair or inflict substantial injury upon a consumer.” Specifically, the suit argues that when Johnson signed his loan contract, it contained an arbitration clause — nearly impossible to read without a magnifying glass — that misleadingly suggested he would not be charged legal fees in the event that the loans needed to be settled in an arbitration negotiation — this despite the fact that Americash knew he could not afford such expenses. If their suit succeeds, Johnson and other Americash customers who paid more than five percent interest on their loans would be reimbursed.

Meanwhile, legislators in Springfield are still working to close the loophole that led to these abuses. Rep. Julie Hamos (D-Evanston) told bloggers on a conference call last Thursday that she expects her bill aimed at reforming the Consumer Installment Loan Act — which passed the Senate in April — to come up for a vote in the House this week. If approved, it would cap interest rates on installment loans at 99 percent APR, index the loans based on a borrower’s ability to pay, and would require loans to be paid off in equal monthly installments with no balloon payments.

As that 99 percent rate cap indicates, the lawmakers are going well out of their way to assuage the industry.  Nonetheless, Americash — which donated $81,000 in state campaign contributions between 2005 and 2008 — is working hard to block the bill. “When you put us out of business,” Americash CEO Jill Gruchot told the Pantagraph a few weeks ago, “where are these consumers going to go?”

Gruchot’s question spurs a more relevant one: Should all “consumers” — regardless of income or credit histories — have access to immediate credit?

UPDATE: We got the following email from Steven Schlein, spokesperson for the Community Financial Services Association. a national association of payday lenders, in response to our original headline (which read “Chicago Files Class Action Suit Against Americash”):

Americash is NOT a payday lender.  It is a company that makes installment loans.  These are an entirely different service.

That’s technically true under the definition of payday loan set out in the 2005 law.  But the whole point of the Johnson suit is that these are the same lenders and the same class of customers — all under the guise of a “different service.”  Indeed, Americash issued payday loans in Illinois prior to 2005.  (Schlein confirmed in a subsequent email that they were previously a CFSA member.) After the new law was enacted, they reworked their lending model — switching to installment loans — to evade the reform.  But their marketing, application criteria, and sky-high interest rates are all extremely similar.  The same goes for the devastation they cause.

*CORRECTION. This post originally stated that Americash stretched the terms of Johnson’s loan “one day” beyond 120 days.  In fact, Johnson’s payment schedule was laid out over 12 months.  We apologize for the error. Thanks to reader AL for pointing it out.


Loan Against Property, Mortgage Loan Interest Rates, Property loan #educational #loan


#housing loan interest rates
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Salient Features :

All documents to be self attested.

Fees and Charges

The following is an indicative list of fees / other charges / outgoings that are payable depending on the nature of the loan availed (*):

Processing fees

Up to 1.50% of the loan amount or Rs. 3,000 whichever is higher, plus applicable taxes.

Prepayment charges
Fixed First Rate Loan

There will be no prepayment charges payable for any amount up to and including 25% of the opening principal balance for a given financial year.

However any part prepayment in excess of 25% or full prepayment shall bear a prepayment charge of 2%, plus applicable taxes, of the amounts being so prepaid (such amounts shall include all amounts prepaid during the given financial year).

Adjustable Rate Loan

For all loans sanctioned to individual customers:

No prepayment charges shall be payable on account of part or full prepayments.

For all other loans:

There will be no prepayment charges payable for any amount up to and including 25% of the opening principal balance for a given financial year.

However any part prepayment in excess of 25% or full prepayment shall bear a prepayment charge of 2%, plus applicable taxes, of the amounts being so prepaid if the prepayment is made within 3 years from the date of first disbursement of the loan (such amounts shall include all amounts prepaid during the given financial year).

There will be no prepayment charges payable for any part prepayment if such a part prepayment is made after 3 years from the date of first disbursement of the loan.

Full prepayment made after 3 years from date of first disbursement of the loan shall bear a prepayment charge of 2%, plus applicable taxes, of amounts being so prepaid if source of such prepayment is by the way of borrowing from a Bank / Housing Finance Company (HFC) / Non Banking Financial Company (NBFC) or Financial Institution. (such amounts shall include all amounts prepaid during the given financial year).

You shall be required to submit a Prepayment Request Letter along with copies of your Bank Statement or any other document that HDFC deems necessary to ascertain the source of funds used for the prepayment.

Conversion fees

We offer our existing customer the option to reduce the applicable rate of interest on the loan (by changing the spread or switching between schemes) through our Conversion Facility. You can take advantage of this facility by paying a nominal fee and opt for either reducing your monthly instalment (EMI) or loan tenure. Terms and conditions apply.

To avail of our Conversion Facility and to discuss the various available options either click here to allow us to call you back or log on to our Online Access for Existing Customers. to get your loan account information 24×7.

The following options of conversion are available to an existing customer of HDFC:

Switch From Fixed First Rate Loan (During The Period Of Fixed / Initial Rate Of Interest) To The Normal Adjustable Rate Loan:

Under the Fixed First product, during the fixed rate term, you have the option to convert to the normal adjustable rate loan on payment of an upfront conversion fee of 2.00% of the principal outstanding plus the undisbursed amount plus applicable taxes.

Switch From Fixed First Rate Loan (During The Period Of Adjustable Rate Of Interest) To The Normal Adjustable Rate Loan:

Under Fixed First product, during the adjustable rate term, you have the option to convert to the normal adjustable rate loan on payment of an upfront conversion fee of up to 0.50% of the principal outstanding plus the undisbursed amount plus applicable taxes.

Switch From Normal Adjustable Rate Loan To Fixed First Rate Loan:

You have the option to convert an existing adjustable rate loan to a Fixed First rate loan on payment of an upfront conversion fee of up to 0.50% of the principal outstanding plus the undisbursed amount plus applicable taxes.

Switch To A Lower Interest Rate In The Adjustable Interest Rate Option:

You have an option to convert your existing adjustable rate to HDFC’s current adjustable rate by effectuating a change in the spread as indicated in the loan agreement.

The fee payable shall be 50% of the difference of the two coupon rates subject to a minimum fees of 0.50% of the principal outstanding being converted. The fee shall be up to a maximum of 1.50% of the principal outstanding being converted, plus applicable taxes.

In case of a partly disbursed loan, the fee payable shall be on the principal outstanding plus the undisbursed loan amount.

Cheque Dishonour Charges

Rs. 200**

Fees on account of external opinion

Fees on account of external opinion from advocates/technical valuers, as the case may be, is payable on an actual basis as applicable to a given case. Such fees is payable directly to the concerned advocate / technical valuer for the nature of assistance so rendered.

The customer shall pay the premium amounts directly to the insurance provider, promptly and regularly so as to keep the policy / policies alive at all times during the pendency of the loan.

Delayed payment of interest or EMI shall render the customer liable to pay additional interest up to 24% per annum.

Incidental charges expenses are levied to cover the costs, charges, expenses and other monies that may have been expended in connection with recovery of dues from a defaulting customer. A copy of the policy can be obtained by customers from the concerned branch on request.

All applicable charges on account of Stamp Duty / MOD / MOE / Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) or such other statutory / regulatory bodies and applicable taxes shall be borne and paid (or refunded as the case may be) solely by the customer. You may visit the website of CERSAI for all such charges at www.cersai.org.in


Apply for Loan against Property – Kotak Mahindra Bank #1500 #loan


#loan against property
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1800 102 6022

What is the maximum amount I can borrow?

In case of Commercial Property Loans or Loans against an existing property you can borrow up to 55% of the cost of the property

How will my loan eligibility be determined?

Your repayment capacity as determined by Kotak Mahindra Bank will help decide how much you can borrow. Repayment capacity takes into consideration factors such as income, age, qualifications, number of dependent’s, spouse’s income, assets, liabilities, savings history and stability, and continuity of occupation.

In how many years can I repay the loan amount?

You can opt for a loan period of up to 12 years, which can vary depending on the purpose of the loan and your profile.

Who can be my co-applicant?

If you are an individual – your spouse, your parents, or even your major children can be your co-applicants. The co-owner of a property has to be a co-applicant, but a co-applicant need not be the co-owner of the property.

When will the loan be disbursed?

You can take the disbursement after credit, technical and legal appraisals of the property have been done, besides execution of relevant documents deposit of original property documents is required to be completed prior to disbursement. Further, you should have invested your own contribution amount towards the property. ‘Own contribution’ is the difference between the cost of the property and the loan amount.

In how many installments can the loan be disbursed?

The loan will be disbursed in full or in suitable installments taking into account requirement of funds and progress of construction, as assessed by Kotak Mahindra Bank.

Does the agreement for sale have to be registered?

Yes, very much so. In many states in India, the agreement for sale between the builder / seller and the purchaser is required by law to be registered. You are advised, in your own interest to lodge the agreement for sale at the office of the Sub-registrar appointed by the State Government under the Indian Registration Act, 1908.

Does the property have to be insured?

Your home is your pride and joy. Don’t let unplanned events take it away. Property insurance will take care of home in case an unforeseen event strikes. That way, you’ll always have peace of mind knowing that you and your loved ones will be assured of a roof over their heads.

What kind of security is required?


Apply for Loan Against Property #land #loan #rates


#loan against property
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What Is Loan Against Property

Loan against property (LAP), are basically loans provided by banks against the security of one s own property. LAP is designed to meet the financial needs of someone who already owns a house or multiple properties so as to get the best out of their assets. Its important to remember that the property which you are putting up for your loan should be free any encumbrance (i.e. it is not given as security for any purpose or any other loan).

Banks provide LAP for both Salaried as well as Self-Employed individuals. The rates and loan amounts differ based on your property and your annual income.

Banks will always want to consider all risks, which is why while you are applying for your loan against property, there are certain factors the bank considers with respect to your property to mitigate its risks in giving out the loan. These factors determine your rate of interest, and loan amount. You can get a LAP of up to 80% of the registered value of your property depending on the Bank’s policy and the property type and valuation.  The value of the property would be determined through a valuation conducted by the Loan Provider.

Individuals apply for LAP for a variety of reasons. Some of the common ones are your childs wedding, loans for new business ventures, second homes, vacations, medical treatment just to name a few.

How To Apply For Loan Against Property

  • Application
  • Processing
  • Documentation
  • Property Verification/Valuation
  • Sanctioning of the Loan
  • Disbursement

Important Questions on Loan Against Property

What kind of processing fee do you need to pay for Loan Against Property?

A nominal fees and charges are to be paid to the Bank depending upon their term and conditions.

How much time does the bank take to disburse the loan?

The processing of the loans usually takes 7 to 10 working days once all the documents are submitted. It also depends upon your profile and documentation.

How is interest charged on Loan Against Property?

Some financial institutions make LAP available only under the floating rate. Fixed rate loans are off limits. Borrowers need to enquire before finalising a LAP from lending institutions.

It is normally available for residential properties only, but can be available for commercial property also.

Does the property have to be insured?

Yes the property has to be insured against fire, flood, earthquakes and other appropriate hazards during the tenor of the loan.

How can I repay my loan?

The repayment of loan is done through Equated Monthly Instalments. It can be paid through Post Dated Cheques (PDC) or Electronic Clearance System (ECS).

Can I pre-pay my loan?

The loan against property can be pre-paid along with the pre-payment charges. Usually the bank charges 2% of the principal pre-paid.


Insurance Fraud – FBI #coalition #against #insurance #fraud


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Insurance Fraud

Insurance Fraud

A Basic Overview

The insurance industry consists of more than 7,000 companies that collect over $1 trillion in premiums each year. The massive size of the industry contributes significantly to the cost of insurance fraud by providing more opportunities and bigger incentives for committing illegal activities.

The total cost of insurance fraud (non-health insurance) is estimated to be more than $40 billion per year. That means Insurance Fraud costs the average U.S. family between $400 and $700 per year in the form of increased premiums.

  • Premium diversion is the embezzlement of insurance premiums.
  • It is the most common type of insurance fraud.
  • Generally, an insurance agent fails to send premiums to the underwriter and instead keeps the money for personal use.
  • Another common premium diversion scheme involves selling insurance without a license, collecting premiums and then not paying claims.
  • In fee churning, a series of intermediaries take commissions through reinsurance agreements.
  • The initial premium is reduced by repeated commissions until there is no longer money to pay claims.
  • The company left to pay the claims is often a business the conspirators have set up to fail.
  • When viewed alone, each transaction appears to be legitimate only after the cumulative effect is considered does fraud emerge.
  • Asset diversion is the theft of insurance company assets.
  • It occurs almost exclusively in the context of an acquisition or merger of an existing insurance company.
  • Asset diversion often involves acquiring control of an insurance company with borrowed funds. After making the purchase, the subject uses the assets of the acquired company to pay off the debt. The remaining assets can then be diverted to the subject.

Workers Compensation Fraud

  • Some entities purport to provide workers compensation insurance at a reduced cost and then misappropriate premium funds without ever providing insurance.

Scam Spotlight Disaster-Related Fraud: Hurricane Katrina

Massive Storm, Massive Cost

  • In late August 2005, Hurricane Katrina made landfall along America s Gulf Coast.
  • The storm caused approximately $100 billion in economic damages.
  • Approximately 1.6 million insurance claims were filed, totaling $34.4 billion in insured losses.
  • Of the $80 billion in government funding appropriated for reconstruction, it is estimated that Insurance Fraud may have accounted for as much as $6 billion.

Disaster Fraud Schemes

  • False or exaggerated claims by policyholders.
  • Misclassification of flood damage as wind, fire, or theft.
  • Claims filed by individuals residing hundreds of miles outside the disaster-zone.
  • Bid-rigging by contractors, falsely inflating the cost of repairs.
  • Contractors requiring upfront payment for services, then failing to perform the agreed upon repairs.
  • Charity fraud scams designed to misappropriate funds donated for disaster relief.

The Government Response

  • On September 8, 2005, the Attorney General created the Hurricane Katrina Fraud Task Force (HKTF).
  • The HKTF was designed to deter, investigate, and prosecute disaster-related federal crimes.
  • The HKTF has a zero-tolerance policy for fraud related to Hurricane Katrina.
  • In one Katrina-Related fraud case alone, the FBI received more than 70 indictments and over 60 guilty pleas (as of March 2007).

Insurance Fraud Resources

For more information about Insurance Fraud or where to report it, contact the following organizations.

Check to see if your state sponsors a fraud bureau that investigates insurance fraud most states do. You may even be eligible for a reward if you report a scam.

Go directly to the insurer you think is being defrauded. Some companies have systems in place for reporting fraud. If the company doesn t have a reporting system or fraud hotline, call or write the company headquarters.

National Insurance Crime Bureau (NICB)

The NICB is a non-profit organization that partners with insurance companies and law enforcement to help identify, detect, and prosecute insurance criminals. The NICB web site is an excellent source of information.

Coalition Against Insurance Fraud (CAIF)

The CAIF is a national alliance of consumer groups, public interest organizations, government agencies, and insurers dedicated to preventing insurance fraud. The CAIF website offers a wealth of information for consumers.

National Association of Insurance Commissioners (NAIC)

The NAIC assists state insurance regulators in serving the public interest and achieving regulatory goals. You can find numerous fraud resources on the NAIC website.

Individuals are always encouraged to report Insurance Frauds to their local FBI offices.

Section Links


United Cash Loans – What are the complaints against them? #home #loans #calculator


#united cash loans
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United Cash Loans – What are the complaints against them?

Rated 5 by 7626 members

[Join discussion ]

United Cash Loans is a payday loan company that claims to offer quick cash to borrowers. Consumers dealing with this company have a lot of complaints. Read through the section below to know more about these complaints.

What are the United Cash Loans complaints?

There are many consumers who have shared their bitter experience with United Cash Loans in the DebtCC forums. They have the following complaints against this company:

  • Debiting money even after loan is paid. Some consumers claim that the company kept debiting their accounts even after the loan amount was paid. One such consumer says that he took a loan of $300 from the company. They kept renewing his loan and debited his account for a total of almost $900! Read more .
  • Not licensed to lend. Consumers allege that the company is not licensed to lend in many states like Nevada, Oklahoma, etc. They often violate the laws regarding lending and thus, they pose a threat to those taking loans from this company. Know more .
  • Withdrawing extra money. United Cash Loans is accused of withdrawing extra money from customers’ accounts. A customer says he took out a loan of $200 and the company was withdrawing $60 every two weeks. But suddenly they started withdrawing $80-100! He ended up paying them over $600 for the loan! Find more on this .
  • Unauthorized withdrawal. A customer made arrangements to pay the company $135 from his bank account to repay a loan. But later on, the company took another $105 which was not authorized by the customer. On contacting, the company told him that he made arrangements to pay $105 and they did not do anything illegal. But he insists that he had authorized the withdrawal of only $135! Check out for more .
  • Harassing calls. Customers complain of getting harassing calls from United Cash Loans. A customer says he paid well over $700 for a loan of just $200. He had to close his account as the company had drained his funds. But even then, he kept on receiving harassing calls from the company. He was also threatened that a lawsuit would be filed against him. Know more .
  • Rude behavior. People say that United Cash Loans customer service is not good. A person complains that the company renewed his loan 7 times illegally and charged him more than they should have. When he called the company regarding this, the representative talked to him in a rude manner. Find the details .

If you need to contact this company, you may find the following details useful:

United Cash Loans Address:


Clearwater Criminal Defense Lawyer – Pinellas County, Florida DUI Defense Attorney – Hanlon Law #call #(727) #897-5413, #hanlon #law #aggressively #represents #the #accused #against #charges #in #criminal #defense #& #dui #defense #cases.


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Clearwater Criminal Defense Lawyer

The Hanlon Law Firm

Clearwater Criminal Defense Attorney Fighting for Your Future

Hanlon Law provides knowledgeable and tenacious representation to people in the Tampa Bay area who have been charged with a wide variety of crimes. A conviction may change the lives of both a defendant and their family, so it is critical to assert your rights as vigorously as possible throughout the criminal justice process. Advocating for people in Clearwater, criminal defense lawyer Will Hanlon has more than two decades of experience in these cases and a strong track record of success for the people who seek his assistance. Our firm works tirelessly to investigate the unique circumstances of each case and craft a legal strategy accordingly. We walk clients through the process with personalized and compassionate attention.

Vigorous Representation Against the Prosecution

Time is of the essence in criminal cases, whether they are based on allegations of domestic violence, a sex offense, a DUI, or a drug crime. Whether you have been charged with a crime or simply questioned as a suspect, it is vital that you have an experienced criminal defense lawyer at your side as early as possible. However, you should remember that just because you have been questioned, arrested, or charged does not mean that you will be convicted. The burden is on the prosecution to prove beyond a reasonable doubt that you committed the crime for which you are charged. This is the highest standard of proof in the U.S. legal system.

Useful defenses in many cases revolve around whether police officers followed appropriate procedures and complied with constitutional requirements in how they interacted with the defendant. Police must have a reasonable suspicion to believe that a crime is being or recently has been committed to stop you on the street or pull over your car. They may search you for weapons during a stop, but only if they have a reasonable suspicion that you may be armed. If police want to search your home or car without a warrant, they must have probable cause to believe that a crime is or has occurred. Although there are some exceptions to that rule, they raise complicated legal questions that should be considered in consultation with an experienced criminal defense attorney.

Even if you qualify for a public defender, it pays to have a private attorney on your case. A criminal conviction carries a possibility of significant fines and jail time that could cost you your job and create a stigma that may undermine your professional career. In sex crime cases, for example, a conviction means that you must register with the state as a sex offender. That information is posted to a public website, meaning that friends, family, neighbors, and co-workers will be able to find out about your record. An accomplished criminal defense attorney can help you fight these charges by ensuring that a judge or jury gets to hear your side of the story. This may involve presenting exonerating evidence from alibi and character witnesses.

Although many public defenders are very capable, most are overworked and have a strong incentive to resolve as many cases as possible as efficiently as possible. This may not always be the best strategy for an individual defendant. By contrast, a private attorney has the time and resources to build a thoughtful defense and take a case to trial if necessary.

Seek Guidance from a Criminal Defense Attorney in the Clearwater Area

If you need a sex crime lawyer or representation against charges of violent crimes, drug offenses, DUI, or other crimes, Hanlon Law is ready to fight for your future. Clearwater criminal defense lawyer Will Hanlon understands the stress that comes with being suspected of or charged with a crime. He leaves no stone unturned in crafting defenses for the people whom he represents. You should not take a chance with your freedom and your future. We serve defendants throughout the Tampa Bay region, including in St. Petersburg, Tampa. and surrounding cities. Call us at 727.897.5413 or contact us online to discuss your case with a seasoned criminal defense lawyer.


Council tax – bands and band reductions – Cornwall Council #band #a, #band #b, #band #c, #band #d, #band #e, #band #f, #band #g, #band #h, #band #reductions, #council #band, #council #tax, #council #tax #band, #counciltaxbandfaq, #property #band, #tax #band, #valuation, #valuations, #valuation #office, #banding, #council #tax #charges, #valuation #band, #appeal #against #banding, #re-banding, #valuation #officer, #voa, #valuation #list, #revaluation,


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Council tax – bands and band reductions

Find the Band of a Property

The Valuation Office Agency values properties for the purpose of council tax. The amount of council tax you have to pay depends on the band of your property.

The Valuation Office Agency, part of Her Majesty’s Revenues and Customs, has put every home into one of eight valuation bands. The valuation is based on an estimate of what your home would have been worth on 1 April 1991.

Property valuation (1 April 1991)

Up to and including £40,000

More than £320,000

Council tax bands and charges

To find the council tax bands and how much council tax charges are, please view the council tax banding rates and charges 2017 for properties in Cornwall.

You can also use the Valuation Office Website’s Property Search to find the valuation band for a property.

Appeals against the Banding of your Property

The valuation band of a property is determined by the Valuation Office (an agency of the Inland Revenue). If you wish to appeal against the banding you should contact the local Valuation Office (see contact details at the bottom of this page).

The grounds for appeal regarding the banding of your property are restricted to the following cases:

  • where you believe that the banding should be changed because there has been a material increase or decrease in the dwellings value.
  • where you start or stop using part of your dwelling to carry out a business, or the balance between domestic and business use changes.
  • Where the Valuation Officer has altered a list without a proposal having been made by a taxpayer

Where you become the taxpayer in respect of a dwelling for the first time. (Your appeal must be made within six months of the date you occupy your new property but, if the same appeal has already been considered and determined by a Valuation Tribunal, it cannot be made again);

If you cannot agree with the Listing Officer on the proposed change to the Valuation List you have a further right of appeal to the Cornwall Valuation Tribunal. The Council or the Listing Officer of the Valuation Office Agency can supply further details concerning the tribunal.

Material Increase/Decrease in value

A material increase may result from building, engineering or other work carried out on the dwelling. In these cases revaluation does not take place until after a sale – so the person appealing would usually be the new owner or resident.

A material reduction result from the demolition of any part of the dwelling, any change in the physical state of the local area or an adaptation to make the dwelling suitable for the use by someone with a physical disability. In these cases revaluation should take place as soon as possible.

Contact details

The Valuation Office
Council Tax West
Valuation Office Agency
Overline House
Blechynden Terrace
Southampton
SO15 1GW

The Valuation Tribunal
2nd Floor
120 Leman Street
London
E1 8EU


United Cash Loans – What are the complaints against them? #short #term #installment #loans


#united cash loans
#

United Cash Loans – What are the complaints against them?

Rated 5 by 7626 members

[Join discussion ]

United Cash Loans is a payday loan company that claims to offer quick cash to borrowers. Consumers dealing with this company have a lot of complaints. Read through the section below to know more about these complaints.

What are the United Cash Loans complaints?

There are many consumers who have shared their bitter experience with United Cash Loans in the DebtCC forums. They have the following complaints against this company:

  • Debiting money even after loan is paid. Some consumers claim that the company kept debiting their accounts even after the loan amount was paid. One such consumer says that he took a loan of $300 from the company. They kept renewing his loan and debited his account for a total of almost $900! Read more .
  • Not licensed to lend. Consumers allege that the company is not licensed to lend in many states like Nevada, Oklahoma, etc. They often violate the laws regarding lending and thus, they pose a threat to those taking loans from this company. Know more .
  • Withdrawing extra money. United Cash Loans is accused of withdrawing extra money from customers’ accounts. A customer says he took out a loan of $200 and the company was withdrawing $60 every two weeks. But suddenly they started withdrawing $80-100! He ended up paying them over $600 for the loan! Find more on this .
  • Unauthorized withdrawal. A customer made arrangements to pay the company $135 from his bank account to repay a loan. But later on, the company took another $105 which was not authorized by the customer. On contacting, the company told him that he made arrangements to pay $105 and they did not do anything illegal. But he insists that he had authorized the withdrawal of only $135! Check out for more .
  • Harassing calls. Customers complain of getting harassing calls from United Cash Loans. A customer says he paid well over $700 for a loan of just $200. He had to close his account as the company had drained his funds. But even then, he kept on receiving harassing calls from the company. He was also threatened that a lawsuit would be filed against him. Know more .
  • Rude behavior. People say that United Cash Loans customer service is not good. A person complains that the company renewed his loan 7 times illegally and charged him more than they should have. When he called the company regarding this, the representative talked to him in a rude manner. Find the details .

If you need to contact this company, you may find the following details useful:

United Cash Loans Address:


District Files Suit Against Loan Max #best #loan


#loan max
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District Files Suit Against Loan Max

Attorney General Peter J. Nickles announced today that the District has filed suit against Loan Max, a moneylender that issues consumer loans by securing a motor vehicle title. The lawsuit is part of an invigorated effort by the Attorney General’s office to increase enforcement of consumer protection laws in the District.

“Just like the CashPoint lawsuit that we filed two weeks ago, I will fight vigorously to make sure that Loan Max and any other lender that has loaned money to District consumers at unconscionable and illegal interest rates returns all ill-gotten gains to DC consumers based upon these loans and comply with DC law with respect to any future loans,” said Attorney General Nickles.

The District’s suit alleges that in making loans to DC consumers, Loan Max charged interest rates above 300 percent per year. Such interest rates are well-above the maximum amount allowed under DC law, which is 24 percent per year. The suit also alleges that when DC consumers were unable to make repayments, Loan Max in some instances would employ illegal tactics in an effort to collect payment, including abusive collections practices and unauthorized repossession of consumers’ motor vehicles.