EZ Money Loans Inc. Received an email about a loan I never took out, including my SSN Los Angeles CA

On February 15, 2019, I received the following email:

 INFORMATION REGARDING OUTSTANDING DEBT FOR EZ MONEY LOANS INC.

Dear (redacted),

 This is a reminder email about your past due with EZ Money Loans Inc. from a payday loan taken on February 05, 2016. Our records indicate that you have an outstanding balance following non-payment of that loan. Below is the information of your debt:

Loan amount: $500.00

Outstanding balance: $635.54

If you fail to voluntary satisfy our requirements for payment of your debt to EZ Money Loans Inc., we will follow court proceedings to enforced collection of the unpaid debt. Earning Withholding Order will follow through if we do not receive good faith payment within two weeks. Collection proceedings through court will damage your credit ratings. We registered online case with Superior Court of California, County of Los Angeles. Please note down the reference number for the case as BC88811623. Please check below information to know further details.

Name: (redacted)

Loan Account# EZML154894624

Address: (redacted - have not lived at this address since 2014)

Phone:  (redacted)

As per FDCPA, company agrees to provide payment arrangement if an immediate payment in full will create an undue hardship. We can modify payment arrangement when hardship exists. However, we cannot reduce the total balance due. Lending company agreed for a suitable pay-off amount if you are willing to pay one time settlement amount.

In case of denial, we must issue an Earnings Withholding Order to collect your delinquent court-ordered debt. We must instruct your employer and social security department to deduct up to 50% of your disposable earnings for each pay period.

The total outstanding amount under your name is $635.54. We are providing you a proposed payment plan below. However, we can help to change payment dates if there is hardship or a different pay schedule.

• ·         We can offer you to pay $200.00 biweekly starting from February 15, 2019 for three payments which will be $600.00.
• ·         We can offer you to pay $150.00 biweekly starting from February 15, 2019 for four payments which will be $600.00.
• ·         We can offer you to pay $100.00 biweekly starting from February 15, 2019 for seven payments which will be $700.00.
• ·         We can offer you to pay $75.00 biweekly starting from February 15, 2019 for ten payments which will be $750.00.
• ·         We can offer you to pay off this debt by making one-time payment of $400.00 till February 15, 2019 to pay off your debt.

Our payment conditions must be followed strictly. We do not accept any other mode of payments. We only accept payments through following portal:

1. Detailed information credit/debit card. (card number, card expiration date, card cv2 code, billing address and billing phone number) through Payment Authorization form.
2. Online payment through our payment portal (PayPal) with the help of an e-Invoice.

With Regards,

Douglas Alan

Customer.care@ezmoney24365.com / settlement@ezmoney24365.com

706 S Spring Street, Los Angeles, CA 90014

Below are details of online registration of court

Date: 02/11/19

                                                                                                                                                                                                                                                                                          Superior Court Of California

County of Los Angeles

South District – Long Beach

415 W Ocean Blvd, Rm. 203

Long Beach, CA 90802                                                                                                                                                                                                                                                                                                                             

Name: redacted

Address: redacted

Phone: redacted

SUBJECT: EARNINGS WITHHOLDING ORDER

CASE ID: BC88811623

DEAR redacted,   

                      WE HEREBY SUMMONED YOU ON BEHALF OF EZ Money LOANS INC. FOR NOT PAYING PAYDAY LOAN TAKEN ON FEBRUARY 5, 2016. AS PER THEIR EXPLAINATION, YOU WERE GIVEN ENOUGH TIME TO MAKE PAYMENTS THROUGH VALID PAYMENT OPTIONS. YOU MUST ANSWER TO THE COMPLAIN HEREWITH SERVED UPON YOU. WE ARE PROVIDING DETAILS OF YOUR ACCOUNT BELOW.

SOCIAL SECURITY NUMBER: redacted

LOAN ACCOUNT NUMBER: EZML154894624

UNPAID OUTSTANDING BALANCE: $635.54

YOU ARE SUMMONED FOR VIOLATION OF FEDERAL BANKING REGULATIONS AND COLLATERAL CHEQUE FRAUD. THE ENTIRE COST OF THE LAWSUIT IS $2579.94 WHICH INCLUDES INITIAL LOAN AMOUNT, DELAY CHARGES, INTEREST, ATTORNEY’S FEE AND CASE REGISTRATION CHARGES.

AN ANSWER TO THE COMPALINT, WHICH IS HEREWITH SERVED UPON YOU, IS REQUIRED WITHIN TWO WEEKS. IF YOU FAIL TO DO SO, JUDGEMENT BY DEFAULT WILL BE TAKEN AGAINST YOU AND YOU MUST PAY ENTIRE COST OF THE LAWSUIT INCLUDING ADDITIONAL CHARGES. YOU MUST ADDRESS THIS LAWSUIT THROUGH YOUR LAWYER TO THE CLERK OF THE CIVIL ISSUES DEPARTMENT OR CONTACT YOUR LENDER AND PAY YOUR OUTSTANDING DEBT.

SINCERELY,

URIEL OCAMPO

PLEASE CONTACT THE COMPANY ON OR BEFORE

WHEN:         DATE: FEBRUARY 25, 2019

WHERE:       EZ MONEY LOANS INC., 706 S SPRING ST, LOS ANGELES, CA 90014

Note: This is online case registration. Original court papers will be mailed at your address mentioned here within two weeks once we start legal procedure.Please pay outstanding balance to avoid court procedure.

Please check below for the Consumer Loan Agreement signed between ROBIN ABESS and EZ Money Loans Inc.

CONSUMER LOAN AGREEMENT

Date: 02/03/16  

Account Number: EZML154894624

EZ MONEY LOANS INC.

redacted

redacted

redacted

706 S SPRING STREET

Los Angeles, CA 90014

Customer.relations@ezmoney24365.com

Loan Amount: $500.00

Total Interest: $135.54

Total Amount Due: $635.54

For value received, the undersigned redeacted(the "Borrower"), staying at redacted, promises to pay to the order of EZ MONEY LOANS INC. (the "Lender"), at 706 S SPRING ST, LOS ANGELES, CA 90014 (or at such other place as the Lender may designate in writing), the sum of $500.00 with interest from February 19, 2016, on the unpaid principal at the rate of 315.27% per annum.

I. TERMS OF REPAYMENT 

A. Payments

Unpaid principal after the Due Date shown below shall accrue interest at rate of 45% monthly until paid.  The unpaid principal and accrued interest shall be payable in four bi-weekly installments of $159.00 and the last one to be $158.54, beginning on August 14, 2015, and continuing until April 1, 2016, (the "Due Date"), at which time the remaining unpaid principal and interest shall be due in full.

B. Application of Payments

All payments on this Note shall be applied first in payment of accrued interest and any remainder in payment of principal.

C. Late Fee

The Borrower promises to pay a late charge of $39.00 for each installment that remains unpaid more than three day(s) after its Due Date. This late charge shall be paid as liquidated damages in lieu of actual damages, and not as a penalty. Payment of such late charge shall, under no circumstances, be construed to cure any default arising from or relating to such late payment.

D. Discount

If the principal and accrued interest are paid in full on or before March 20, 2016, the Borrower shall be entitled to a discount equal to 15% of the unpaid principle amount immediately prior to such payment.

E. Acceleration of Debt

If any payment obligation under this Note is not paid when due, the remaining unpaid principal balance and any accrued interest shall become due immediately at the option of the Lender.

II. COLLECTION COSTS 

If any payment obligation under this Note is not paid when due, the Borrower promises to pay all costs of collection, including reasonable attorney fees, whether a lawsuit is commenced as part of the collection process.

III. DEFAULT 

If any of the following events of default occur, this Note and any other obligations of the Borrower to the Lender, shall become due immediately, without demand or notice:

  1) The failure of the Borrower to pay the principal and any accrued interest when due;

  2) The liquidation, dissolution, incompetency or death of the Borrower;

  3) The filing of bankruptcy proceedings involving the Borrower as a debtor;

  4) The application for the appointment of a receiver for the Borrower;

  5) The making of a general assignment for the benefit of the Borrower's creditors;

  6) The insolvency of the Borrower; 

  7) A misrepresentation by the Borrower to the Lender for obtaining or extending credit; or

  8) The sale of a material portion of the business or assets of the Borrower.

IV. SEVERABILITY OF PROVISIONS 

If any one or more of the provisions of this Note are determined to be unenforceable, in whole or in part, for any reason, the remaining provisions shall remain fully operative.

V. MISCELLANEOUS 

All payments of principal and interest on this Note shall be paid in the legal currency of the United States. The Borrower waives presentment for payment, protest, and notice of protest and demand of this Note.

No delay in enforcing any right of the Lender under this Note, or assignment by Lender of this Note, or failure to accelerate the debt evidenced hereby because of default in the payment of a monthly installment or the acceptance of a past-due installment shall be construed as a waiver of the right of Lender to thereafter insist upon strict compliance with the terms of this Note without notice being given to Borrower. All rights of the Lender under this Note are cumulative and may be exercised concurrently or consecutively at the Lender's option. 

This note may not be amended without the written approval of the holder.

VI. GOVERNING LAW 

This Agreement shall be construed, applied and governed by the laws of State of California. Unless otherwise required by the California Consumer Act, the unenforceability or invalidity of any portion of this Agreement shall not render unenforceable or invalid any other portions. 

VII. SIGNATURES

IN WITNESS, WHEREOF this Agreement has been executed and delivered in the manner prescribed by law as of the date first written above.

 Signed this Consumer Loan Agreement electronically on July 31, 2015 with EZ Money Loans Inc.

Borrower:  ROBIN ABESS

Lender:  EZ MONEY LOANS INC.

Address: 706 S SPRING ST, LOS ANGELES, CA 90014

Email: COLLECTIONS@EZMONEY24365.COM /CUSTOMER.CARE@ezmoney24365.com

Signed By: AMY CRATER (Loan Officer) 

AMORTIZATION SCHEDULE

This is a proposed payment schedule to understand division of Interest and Principal Amount.  You must pay delay charges (per the loan agreement) if payments will be delayed.

Annual Percentage Rate = 315.27%                    Principal = $500.00