[roxette]

Closing the checking account is preferable only for those companies that make unauthorized debits. Otherwise, there is no need to do it or else it will add up with the NSF fees.

It is better to inform the lender about the situation before the checking account is closed. In that way, you might save some extra money. Hopefully, the lender can arrange a payment plan. But if not, there is always this option.

[elisia_louise]

I agree with Roxette but when you need these people to stop and they say no you have no choice but to close your account. For my situation my account got frozen due to NSF because I did not handle my finances well after taking out the payday loans. It is an easy solution to get out of debt quick and pay back on your terms!!!

I too am in "over my head".I needed the money so very badly that I didn't stop to check them out first. Now I'm trying my best to pay them off!
Steer clear if you can please!!!!!

Hence it's name, pay-day loan. You are suppose to pay the loan off on your next pay day. They are giving you money in time of need between paychecks and "punish you" when you don't pay them off the day you get paid. Only take a payday loan out if you are absolutely sure you can pay them off on your next pay day. If you can not, that's when they rip you off with their 1000%+ interest rates. It's bad enough you have to give them $30+ per $100 bucks they give you. (for $300 you have to pay back $390) But to "re-new" the loan as they say you keep paying the interest and yes you pay much more to them then you borrowed...that's business. So please consider this before choosing a pay-day loan. Otherwise, Ameriloan and PayDay OK are have personel that do help you in the process of getting a quick, convenient loan for fast cash within 24 hours. MAKE SURE you fax in your agreement to pay off the loan 3 days before the due date or they will not take out the funds and just automatically take only the interest.
-Good luck All

[elisia_louise]

I agree with Dumbbutt!!!!! He may sound harsh but true. Good luck to all!!

Payday Loans can sometime coome in handy, but you must always remember with each loan comes a agreement, but for me its like a marriage for better and please not worse. They can call at anytime if you break a vow and if your forget to pay on time their goes the peace in the marriage. So for the best of it all remember to pay on time and if you feel you might be having problems paying call them before they have to call you

they emailed me loan papers and no money deposited into my bank account. Are they a fraud. If so I will definitely report them to the FBI. They have my personal information and no way to contact them.

i wish i had found this site before i took out 3 payday loans to fix my car. i was in way over my head.i don't even have the money to pay the renewal what should i do

thanks

[PinkLady]

iboyd,

Try registering with this site and a counselor will contact you to discuss your situation and options. Are your three payday loans with online lenders or storefront lenders? Have you tired communicating with the lenders to see if they will accept some sort of payment arrangement?

Does anybody know a phone number for ameriloan? Do you know how to find out the balance of a loan. Please help.

[pjblake]

1-800-362-9090
customerservice(at)ameriloan.com
you need your bank statements for balances

[pjblake]

I would love to know if anyone ever got a refund from Ameriloan

Im need the phone number for ameriloan

[WHEREAMI?]

Sonia, Pjblake posted above the phone number for Ameriloan. Good Luck.

Thanks for the number to Ameriloan. I am thankful for this site. Good luck to all.

Does ameriloan have a phone # for me to reach someone in person.