Sample Letters

Provided for informational purposes only to help readers generate letter writing ideas.

Typing

I.  Sample cease and desist letter for fake or illegal collection agency

Sample letter:  Cease & Desist

[Insert collection agency name]

Address

City, State Zip Code

Date

 

Re:  Acct# [Insert account number]

 

Dear [Insert collection agency name] Mgr/Owner:

I am contacting you in reference to a [insert original lender’s name] account with the above reference number.  I am demanding that [insert collection agency name] and its representatives cease and desist all contact with me, and anyone associated with me, including friends, family, and employer-coworkers regarding a [insert original lender’s name] acount.

I do not owe this debt, because [insert reason for not owing, ex. online pay day and installment loans are prohibited in my state by unlicensed lenders].  As a result, you are trying to enforce collection on an invalid debt and all past payments made to [insert original lender’s name] will be considered as account paid in full.

Any email communications or future harassing voice messages or calls from representatives affiliated with or on behalf of [insert collection agency name] received at my employer or personal phone in regards to this illegal alleged debt, will be taken as a violation of the Fair Debt Collection Practice Act.  Consequently, a complaint against your company will be filed with [insert your state Attorney General, collection agency’s state state Attorney General, and FTC.  In addition, I will take legal action against you for harassment if the calls do not stop.  I have maintained accurate logs of all of the voice messages and phone conversations with your company representatives.

You have permission to contact me once via writing to inform me that you are going cease communication attempts with me, my employer, or anyone affiliated with me.

 

Regards,

[Insert your name]

[Insert your telephone number]

 

*This letter must be mailed U.S. Postal Service certified mail return receipt requested copy.*

letter

 

II.   ACH Revocation Sample Letter for Illegal Online Payday Loan (or any other creditor)

Sample Letter:  ACH Revocation

Purpose:  Notify lenders that they are no longer allowed to electronically debit funds from your personal bank account.

ACH means Automated Clearing House and is a nationwide network mechansim which transmits funds electonically.  Examples of payment transactions handled through ACH include: payroll payments, utility payments, loan and interest payments, and more.  Click here to learn more about ACH:  ACH

§ 205.10 Preauthorized transfers. (c) Consumer’s right to stop payment–(1) Notice. A consumer may stop payment of a preauthorized electronic fund transfer from the consumer’s account by notifying the financial institution orally or in writing at least three business days before the scheduled date of the transfer.

Source:    http://www.fdic.gov/regulations/laws/rules/6500-3100.html#fdic6500205.10

[Insert lender's name]

Address

City, State Zip Code

Date

 

Re:  Acct# [Insert account number]

Dear [Insert lender’s name]:

I hereby revoke all current and future ACH debit authorizations with your business from debiting electronic funds from my banking accounts.  If there are any questions please reference federal law, 6500 – Consumer Protection, PART 205—ELECTRONIC FUND TRANSFERS (REGULATION E) , Sectionn § 205.10 Preauthorized transfers.  A copy of this letter has been provided to my banker.

If there are any questions or concerns you have permission to contact me via writing only regarding this matter.

 

Regards,

 

[Insert your name]

[Insert your telephone number]

 

Note:  Send the ACH revocation letter certified mail return receipt to the lender.  It may be necessary to close the account if multiple illegal online payday loan lenders keep trying to receive fund transfers from your account and cause recurring overdrafts fees.

Some lenders can try numerous times in any given week.  Seven attempts at $30 per event totals $210.  Multiply that by 5 lenders and you overdrafts fees could total over $1,000.00.

If you close your account and open another account at the same bank get verification from the bank that ACH payments will not be linked to the new account.

letter

III.  Revoking or Canceling Wage Assigment Sample Letter

Sample letter:  Revoking Wage Assignment

 Purpose:  To revoke wage assignment by notifying lender that you no longer want the creditor/lender to subtract funds from your wages to make payments on an illegal online payday loan.  This puts the lender on notice that you are rescinding permission and a copy should be given to your employer’s HR/Payroll dept.

 [Insert lender name]

Address

City, State Zip Code

Date

 

Re:  Acct# [Insert account number]

Dear [lender’s name]:

I hereby revoke all wage assignment I may have agreed to and you no longer have permission to use wage assignment to collect on any payday loan payments.  A copy of this letter has been provided to my employer.

If there are any questions or concerns you have permission to contact me via writing only regarding this matter.

 

Regards,

 

 

[Insert your name]

[Insert your telephone number]

 

*This letter must be mailed U.S. Postal Service certified mail return receipt requested copy.*

 

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