| Message |
Author |
 Posted: Fri Dec 28, 2007 9:16 am |
|
|
can I get help with payday loans in nebraska
|
|
jmadma
Joined: 27 Dec 2007
Posts: 23
Debtcc Points: 718
|
|
|
| Posted: Fri Dec 28, 2007 9:27 am |
|
|
Hi You have come to the right place. Please list all the loans you have and with whom. How much you have paid each one so far. Are they store front or internet?
|
|
frogpatch
Moderator
Joined: 09 Apr 2007
Posts: 3708
Debtcc Points: 30879
|
|
|
| Posted: Fri Dec 28, 2007 9:46 am |
|
|
1 Arrowhead Invest Online payday loan $390.00
2 AMCASH FUNDING Online payday loan $650.00
3 Northway Credit CREDIT Online payday loan 381.00
4 GFSIL LOAN Online payday loan $250.00
5 AMBASSADOR FUNDING Online payday loan $520.00
6 Payday Cash Link 8004747759 Online payday loan $520.00
7 800 420 8023 PDAYSERVC Online payday loan % $625.00
8 866 348 6200 NETCASHUSA Online payday loan % $650.00
payday loan % $ $375.00
|
|
jmadma
Joined: 27 Dec 2007
Posts: 23
Debtcc Points: 718
|
|
|
| Posted: Fri Dec 28, 2007 9:49 am |
|
|
How much in total have you repaid to each of your lenders? here are your state laws.
| Quote: | Nebraska State Information
Legal Status: Legal
Citation:
Neb. Stat. Ann. § 45-901
Loan Terms:
Maximum Loan Amount: $500
Loan Term: Max: 31 days
Maximum Finance Rate and Fees: $15 per $100 or pro rata for any part thereof on amount of check
Finance Charge for 14-day $100 loan: $17.65
apr for 14-day $100 loan: 459%
Debt Limits:
Maximum Number of Outstanding Loans at One Time: Two
Rollovers Permitted: None (cannot repay, refinance, consolidate)
Cooling-off Period:
Repayment Plan:
Collection Limits:
Collection Fees: $15 NSF fee
Criminal Action:
Where to Complain, Get Information:
Regulator: Nebraska Department of Banking & Finance
Address: Financial Institutions, 1230 'O' Street, Suite 400 P.O. Box 95006 Lincoln NE 68509
Phone: (402) 471-2171
Fax:
Regulatory Contact: Karen Reynolds,, Review Examiner
Regulator Website
http://www.ndbf.org/
|
|
|
kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5461
Debtcc Points: 38903
|
|
|
| Posted: Fri Dec 28, 2007 9:51 am |
|
|
Debt Limits:
Maximum Number of Outstanding Loans at One Time: Two
Rollovers Permitted: None (cannot repay, refinance, consolidate)
Cooling-off Period:
Repayment Plan:
Please advise as to what this means does this mean that I am not able to consolidate these loans
|
|
jmadma
Joined: 27 Dec 2007
Posts: 23
Debtcc Points: 718
|
|
|
| Posted: Fri Dec 28, 2007 9:53 am |
|
|
I also have not repaid to much on these loans for I just paid them all off and reloaned. this pay period will be the first time I have made each payment also how do I go about paying these off if I can not consolidate.
|
|
jmadma
Joined: 27 Dec 2007
Posts: 23
Debtcc Points: 718
|
|
|
| Posted: Fri Dec 28, 2007 9:54 am |
|
|
No, that doesn't really mean much. It means that a company cannot give you multiple loans and consolidate them into one to get around the law.
_________________
How I make some extra cash
I earn at least $20 extra every month doing offers. And you don't have to pay a cent.
|
|
goudah2424
Moderator
Joined: 31 Oct 2006
Posts: 8007
Debtcc Points: 111631
|
|
|
| Posted: Fri Dec 28, 2007 9:58 am |
|
|
so what now... I really am glad that I have found this site to help with these problems I thought I was the only one who goes through these problems
I have already contacted the bank in which case have requested they place a hold or deposit only on my accounts. I have also down loaded a letter to send to all of the pdl companies. I just am not sure I am going about this the best way I would much rather consolidate these loans if at all possible I am just not sure that is possible or if there are companies who would offer such a thing
|
|
jmadma
Joined: 27 Dec 2007
Posts: 23
Debtcc Points: 718
|
|
|
| Posted: Fri Dec 28, 2007 10:37 am |
|
|
You could go the consolidation route. One company that does consolidate payday loans is T&C.
But - Most of your loans are not going to be licensed to lend in Nebraska. This means they are operating illegally, and if you consolidate them you will end up paying them more then you legally owe.
_________________
How I make some extra cash
I earn at least $20 extra every month doing offers. And you don't have to pay a cent.
|
|
goudah2424
Moderator
Joined: 31 Oct 2006
Posts: 8007
Debtcc Points: 111631
|
|
|
| Posted: Fri Dec 28, 2007 10:38 am |
|
|
It's really a personal choice, something you have to decide for yourself. If you decide to take it on yourself, it will take a lot of time and a lot of work. But it is totally possible to clear it up yourself.
If you hire a consolidation company, they will do the work for you. It will cost you more money, but will save you the time and the headache of dealing with these companies yourself.
_________________
How I make some extra cash
I earn at least $20 extra every month doing offers. And you don't have to pay a cent.
|
|
goudah2424
Moderator
Joined: 31 Oct 2006
Posts: 8007
Debtcc Points: 111631
|
|
|
| Posted: Fri Dec 28, 2007 6:27 pm |
|
|
Where do I find company like this that will handle payday loans I really need help with this as you can see it is something that I can't seem to get a handle on them myself
|
|
jmadma
Joined: 27 Dec 2007
Posts: 23
Debtcc Points: 718
|
|
|
| Posted: Fri Dec 28, 2007 6:32 pm |
|
|
how do I find out if the companies that I have loans out with licenses to lend in Nebraska. Where do I go from here..
|
|
jmadma
Joined: 27 Dec 2007
Posts: 23
Debtcc Points: 718
|
|
|
|
Shazzers
Moderator
Joined: 05 Dec 2007
Posts: 4628
Debtcc Points: 28940
|
|
|
| Posted: Fri Dec 28, 2007 6:45 pm |
|
|
Thank you so much for you help and for this sight 
|
|
jmadma
Joined: 27 Dec 2007
Posts: 23
Debtcc Points: 718
|
|
|
| Posted: Sat Dec 29, 2007 4:12 pm |
|
|
Ok after talking to my account manager at the bank he sugested that I close my account and deal with the creaditor one by one. I hope I made the right decision. He assured me that I will not build NSF fees for each posting of the PDL's Please help me make the next step in paying or fighting each of these PDL's
_________________
Register today to cash in debtcc points.
|
|
Guest
Debtcc Points: 100
|
|
|
| Posted: Sat Dec 29, 2007 4:15 pm |
|
|
Ok after talking to my account manager at the bank he sugested that I close my account and deal with the creaditor one by one. I hope I made the right decision. He assured me that I will not build NSF fees for each posting of the PDL's Please help me make the next step in paying or fighting each of these PDL's
_________________
|
|
jmadma
Joined: 27 Dec 2007
Posts: 23
Debtcc Points: 718
|
|
|
