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Posted: Sat Sep 23, 2006 7:33 am Subject: Need help asap!!! Payday loans

I've already enrolled in consumer credit counseling/debt settlement. Anyway, i've contact my bank and let them know that dont't let any of these PDL company do any ACH debit on my account. THey said that they can stop it for me but i will cost me 25$ per transaction. Well, i think i worth it so i told them to go ahead and do it. This morning i check my bank account and it was -$1800. What should i do now??? My attorney just sent me the documents yesterday. Can he helps me with that??? Or should i call my debt counselor??? Now my bank is negative, i don't know what to do. One more week and i have to paid rent. Any advise would be greatly appreciated. By the way, does anyone has any idea who SJM Marketing Fees is?? They keep withdrawn $90 from my checking, no infos or phone number from them. I've asked my bank about it, they investigated and told me that it was an authorized ACH Debit. Please help. Thanks guys.

Posted: Sat Sep 23, 2006 8:03 am Subject:

Hi.

I am really sorry about what happened to you, that is awful. Go to your bank..You asked them to stop pay these companies..Did they give you any kind of statement showing that they did it? If you fight this with them within 3 business days you have a chance of getting most of your money back. PDLS can slip in under assumed names, or they can change the amount they are debiting and slide in that way. Also, your bank can get the contact info for SJM marketing for you

Posted: Sat Sep 23, 2006 8:05 am Subject:

http://www.debtconsolidationcare.com/forums/sjm-marketing.html

You might want to read this...

Posted: Sat Sep 23, 2006 8:18 am Subject:

Thanks, FinsFan13. I'm banking with WEllsFargo. They did investigate and sent me the letter that it was an authorized ACH debit. I did get a loan from them sometimes back then, but was paid off though. I dont know how to stop them from making ACH debit now.

Posted: Sat Sep 23, 2006 10:16 am Subject:

SJM Marketing phone number is 1-866-722-2770. Their fax number is 1-866-599-5161. I am not sure whether these debits done by the loan company are unauthorized. Your bank will be able to assist you on this and file a dispute with the company. SJM must clarify all the charges. If they can't, they are possibilities of getting your money back.

Posted: Sat Sep 23, 2006 10:23 am Subject:

THanks Christina. Actually my bank did sent me the letter yesterday saying that there was no error due to authorized ACH debit. I did get a loan from them but that was long time ago and it was paid off. I dont understand how/why they still taking freaking $90 out of my account every two weeks.

Posted: Sat Sep 23, 2006 11:23 am Subject:

Sammie, it sounds suspicious after the loan is paid off, why SJM is withdrawing money from your account regularly? There must be a purpose for this. You can't take that $1800 in negative. Call SJM and get this corrected. If they don't give you any legit reason, your dispute will have a proper meaning and your bank will be willing to assist you on this.

Posted: Sat Sep 23, 2006 11:52 am Subject:

SJM is Platinum B. Services...you must have had a payday loan with them.
What did you tell Wells Fargo when you asked them stop the ACH debits?
They may have misunderstood. If you stopped all debits from you checking account, they should have never let them by!

Posted: Tue Sep 26, 2006 9:09 am Subject: SJM Platinum B. Services.

Guys, i've had a loan with SJM back in Early Jan.2006. They've been withdrawn the money out from my checking account until now September. I had a $300 loan with them, i'm adding up all the money that they had taken out from my acccount is almost $1200. What can i do to get my money back??? I just call them and ask them about it, they said that i have to call and let them know that i only want to extend 4 times, but because i didn't call them so $90 every pay period is just the interest. I told them that i've just enroll in debt settlement and my attorney will contact them, then they said Ok, now your account is mark off, u don't own us anything. I'm still pissed, all that extra money that they've taken from me and all the overdraft and NSF that i have to paid to my bank, i want all of that back. Please help guys. Thank you.

Posted: Tue Sep 26, 2006 9:31 am Subject:

Sammi, this is ridiculous. SJM Marketing has taken so much of your money. Don't let it go wasted. Hire an attorney and file a class action lawsuit against them. Throw a letter mentioning about your state laws and that they are not allowed to take more money allowed by your state. You need to push some legal actions in order to get your money back.

Posted: Tue Sep 26, 2006 11:26 am Subject:

Thanks keystrokes. What can i do to make them pay me back all that money without hire an attorney?? Can my Bank do anything about it?? Any advice, thanks.

Posted: Tue Sep 26, 2006 11:32 am Subject:

Give a try, ask your bank to place a dispute with SJM Marketing over the charges made into your account. Once they have placed it, SJM Marketing will have to verify it. If they don't, you will get some proof if that makes your legal case stronger.

Posted: Tue Sep 26, 2006 4:42 pm Subject:

they took money from my bank start on Jan until now September. From what month i should ask my bank to investigage??? What if they say it was an authorized ACH debit??? Or should i call SJM back???

Posted: Tue Sep 26, 2006 6:06 pm Subject:

Sammi,

What are your state laws regarding payday loans? I would find this information out and send them a certified letter asking for a refund. It doesn't hurt to ask, also contact your division of financial institutions to find out more info if need be. I'm not sure how much help that your bank will be at this point.

Posted: Wed Sep 27, 2006 11:09 am Subject:

I live in the state of California. Where can i find the state laws regarding payday loans??? Thanks Mishele.

Posted: Wed Sep 27, 2006 1:53 pm Subject:

Sammi, go here for the state laws in CA

http://www.debtconsolidationcare.com/settlement/about15259.html

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