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Posted: Wed Jun 07, 2006 12:22 pm Subject: will they really report me for fraud?

I owe about 2000$ in payday loans, each site says if you close yoru bank account they will rport you for fraud so will they really do that. cause i dont have the money in the bank and they keep trying to take it and when the bank returns it i get charged for the return by them and the bank. i need help with this please and thank you!!

Posted: Wed Jun 07, 2006 12:28 pm Subject:

no. This is a threat. You need to close your account. Believe me , they are use to this. this will be a big ugly circle of NSF's if you don't close your account. After you do this, you can set up payment plans to get these paid

Posted: Wed Jun 07, 2006 12:30 pm Subject:

Just an FYI, most of the members here have dealt with numerous payday loans. We closed our accounts. We had too. None of us where reported for fraud. What fraud, no worries. The way out of this trap is in steps, we will help you

Posted: Wed Jun 07, 2006 12:50 pm Subject:

You will feel better after closing your account. Read others in the thread below who have done the same thing.

http://www.debtconsolidationcare.com/forums/about10946.html

http://www.debtconsolidationcare.com/forums/close-bankaccount.html

Try to arrange a payment plan with the lenders directly. Don't give out your new bank information to them. Write a payment proposal and advance some money along with it. They might be interested in accepting your plan.

Posted: Wed Jun 07, 2006 1:32 pm Subject: Fraud???

Personally speaking, I would more than welcome them to charge me with fraud! Heck,I would even give them the address to my local court house!

Posted: Wed Jun 07, 2006 1:57 pm Subject:

yeah, I smell a nice settlement over that one Twisted Evil

Posted: Wed Jun 07, 2006 2:03 pm Subject:

Are your lenders store front or online? If they are online chances are they are not licensed, and can not charge you with anything--if they took you to court, they'd be charged with lending withoutu a license.

Have you looked up your state laws on PDL lending yet? Which state do you live in?

Posted: Thu Jun 08, 2006 12:48 am Subject:

lenders are online. they are payday select, oneclichcash, united cashloans,tendollarpayday, route 66 funding, fsm processing. i live in oklahoma

Posted: Thu Jun 08, 2006 3:24 am Subject:

I had a couple of these. I will work on some things for you and get back asap

Posted: Thu Jun 08, 2006 6:31 am Subject: Ok, here we go

One click Cash
2533 North Carson St Ste 5024
Carson City NV 89706
Fax 800-803-9136

FSM Group
10108 Summer Oak Lane # 103
Las Vegas NV 89134
Fax 866-516-9700

United Cash Loans
2533 N. Carson St Suite 5020
Carson City, NV 89706
Fax 800-803-8794

Here is your usury laws for OK

Legal Status: Legal

Citation:
Okla. Stat. Ann. tit. 59 � 3101 et seq.

Loan Terms:
Maximum Loan Amount: $500
Loan Term: 12-45 days
Maximum Finance Rate and Fees: $15 per $100: $0- $300; $10 per $100: $301-$500
Finance Charge for 14-day $100 loan: $15
apr for 14-day $100 loan: 390%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: Two
Rollovers Permitted: None (cannot renew; a loan made within 13 days after a previous one was entered into shall be considered a renewal and shall not be made)
Cooling-off Period: Second business day after the 5th consecutive loan repaid
Repayment Plan: Yes

Collection Limits:
Collection Fees: $25 NSF fee (if disclosed) unless dishonored due to theft or forgery
Criminal Action: Prohibited

Looks like you may want to work out a payment plans with your loans

Damaris · Posted: Thu Jun 08, 2006 8:05 am Subject: pdl

I have two outstanding pay day loans one is with cash advance network this people went inside my bank account 8 times in one day and the money was not there so I end up paying the money that i owed them to the bank on fees.they harrasme for a while then stop .I close my account...????

Damaris · Posted: Thu Jun 08, 2006 8:10 am Subject: pdl

I live in New York any info on cash advance network???

Posted: Thu Jun 08, 2006 11:13 am Subject:

ok i've recieved letters from united and one click cash, and the addresses for those aren't the ones you post. one click cash suite 3 52946 highway 12 niobrara ne 68760 1-800-349-9418. and they want me to do western union so they won't be taking it outta my bank and charging me for the nsf fee's when the payments returned is that a good thing or bad thing?

Posted: Thu Jun 08, 2006 11:15 am Subject:

can someone explain this to me please: COLLECTION AGENCY BOND & LICENSE
STATE: OKLAHOMA
INTEREST RATE

Legal: 6%
Judgment: 4% over U.S. Treasury Bill Rate of previous year. (1996 = 9.55% 1997 = 9.15%)
STATUTE OF LIMITATIONS (IN YEARS)

Open Acct.: 3
Written Contract: 5
Domestic Judgment: 5 renewable
Foreign Judgment: 3
BAD CHECK LAWS (CIVIL PENALTY)
N/A

GENERAL GARNISHMENT EXEMPTIONS
State law: 75% of earnings exempted, more if hardship established. All federal exemptions apply.

Bond: No
License: No
Fee: No
if they aren't bonded and license what does that mean?

Posted: Thu Jun 08, 2006 11:37 am Subject:

United Cash Loans is now using the Miami, OK address. They are no longer receving mail at the Carson City, Nevada address. They are under heavy investigation in VA, NV and several other states for their making loans in states without a license. Alot of these companies use bogus addresses to keep people from finding out where they actually are.

Posted: Thu Jun 08, 2006 12:48 pm Subject:

By all means close your bank account ASAP, otherwise you just keep getting deeper and deeper into it. Once you do you WILL have more peace of mind. Trust us on this one.

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