Complaint #1516389 submitted on 08/12/2015 relating to Hylan Asset Management, LLC. Complaint relates to Debt collection Payday loan - Cont'd attempts collect debt not owed Debt is not mine.
Complaint was submitted via Web and sent to the company on Monday 31st August 2015.
Thank you for taking the time to investigate this case. I seek your assistance in stopping the illegal practice of " phantom '' payday loan collections by XXXX XXXX and Hylan Asset Management. In regards to my case, I have secured a release from Hylan Asset Management and do not require individual assistance. However, I strongly encourage a full investigation of these companies due to their violations of the Federal Trade Commission Act, wire and mail fraud statutes, and the Fair Debt Collections Practices Act.
I am certain that XXXX and Hylan are knowingly running a " phantom '' payday loan scam by attempting to collect payday loans that did not originate and are not valid. I am certain that I am a victim of this scam. If you desire, I can provide a full financial disclosure demonstrating beyond a preponderance of the evidence that I did not received these funds, nor solicit such loan. Throughout this ordeal Hylan and XXXX have been unable to provide any proof of a promissory note, loan origination, or collection attempts. Further, according to XXXX the original creditor was " XXXX XXXX. XXXX '', however written communication also shows a disputed payday loan from " XXXX XXXX, XXXX '' or " XXXX ''. XXXX and Hylan have been unable to accurately describe the disputed debt in their communication. This is further evidence of a " phantom '' payday loan scam.
Enclosed is all written communication between the parties. Research indicates that XXXX and Hylan have a very high percentage of clients claiming that these loans are " phantom ''. As both of these companies are within your jurisdiction, I can not emphasize enough the importance of stopping this unfair, deceptive, and abusive conduct. Their conduct is illegal and prays on vulnerable populations.
Thank you for your assistance with this important matter.
| Company | Hylan Asset Management, LLC |
| Complaint ID | 1516389 |
| Date Received | 08/12/2015 |
| Product | Debt collection Payday loan |
| Issue | Cont'd attempts collect debt not owed Debt is not mine |
| State/ZIP Code | DC 200XX |
| Consumer Consent | Consent provided |
| Company Public Response | Company believes complaint caused principally by actions of third party outside the control or direction of the company |
| Company Response To Customer | Closed with non-monetary relief |
| Submitted | Web 08/31/2015 |
| Result | Timely Response: Yes, Consumer Disputed: No |
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