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kriistyna1

I have read for what seems for days on those who have been fortunate enough to stop these PDL companies for what seems is illegal. I live in TX - which I think the law says they cant keep charging me "interest" when I have more than paid the loan off?? Correct... I have the following PDL's and I am drowning trying to figure out how to stop them.. what is a "paid in full" and how do I get them to give me one?? I have the following.. can someone help??? please??

Geneva Roth (also says loan point USA - original loan 300.00 have paid 1260.00 in fees and extenstions...

Zip cash Original loan $500 have paid 500.00 have paid 1110.00

Posted: Mon Jul 30, 2007 2:22 pm Subject:

You have paid way too much on the loans. At this point, you must claim for a refund instead of sending more money. Call the pdl companies and make them aware of your state laws. I am not sure if they are licensed in your state. If they aren't, inform your state attorney general and the BBB about their illegal business and request for investigations. You must get your account marked PIF along with the amount that you have overpaid.

Guest · Posted: Mon Jul 30, 2007 2:31 pm Subject:

I know for a fact that ZipCash will refund and mark you PIF. Send them the Texas Statutes regarding usery and that roll over are not allowed per state law. I had no problem with them. They refunded me and marked me PIF no longer able to loan status. Like I want another loan from those idiots. I live in Texas as well, just keep up the good fight and you will win.

Posted: Mon Jul 30, 2007 3:41 pm Subject: kriis

kriis, you have SO overpaid these people. Have you done anything with your bank account yet so they can not debit it any longer? That's your first step. Also, just check to see if they're even licensed. If not, they're operating illegally. They have SO taken too much money from you. Get your bank account closed/blocked/froze whatever. Do not let them have access to your money any longer. Do that ASAP or they will debit you until you're dead and paid $100,000 on a $300 loan. They are amazing. From what "guest" posted, apparently ZipCash might be easy to deal with. I don't know about Geneva Roth. I've read some ugly stuff. But you need to prevent them from taking any more money out of your account ASAP. Please post if you have any questions!

Posted: Mon Jul 30, 2007 5:19 pm Subject:

Kriis...unless you have a very good relationship with your bank and they can block the ipdls from debiting your account, you may have to think about closing the account and opening another. Most ipdls will not stop debiting until they can not get any money 2-3 times in a row...so if your bank can't block them this will create nsf fees on your account. I would go in and talk to them and tell them you are revoking the ipdls right to debit..it's a little embarrassing to explain but very important to make your bank understand what can happen. Then we can walk you through the letters to send out revoking their righta and emanding a paid in full status and a refund..

Posted: Mon Jul 30, 2007 5:52 pm Subject:

kriis - here is the payday law for Texas, hope it helps you clarify what you owe (or don't owe) these companies:

Guest · Posted: Mon Jul 30, 2007 7:21 pm Subject:

thanks everyone.. I sent a request for a Paid in Full to two of the companies I had email addresses for.. the rest I will fax in the morning.. cross your fingers... I did call my bank and we have stopped payment.. I may go ahead and close the account just in case!

Posted: Mon Jul 30, 2007 7:45 pm Subject: posted

Please keep us posted as to what's going on. If you need help with bank questions or anything else, just post and we're here for you! Very Happy

Posted: Mon Jul 30, 2007 7:48 pm Subject:

I did not have luck with a refund from Zipcash but did receive a PIF, they were extremely easy to work with.

I, on the other hand, have had horrible times with Loanpoint. They refuse to mark me PIF or make arrangements, just continue to tell me either to moneygram or debit...UMMM, I CHOOSE, NO TO BOTH OPTIONS!!! Let me know if you need contact information on either, I have addresses, phone numbers and email addresses to both.

Posted: Wed Sep 05, 2007 12:54 pm Subject:

Okay, so how did you request a PIF? if possible, i would love to see the letter you sent. I have 4 internet loans (CashBack, CashNet USA, USA Payday and my cash now and 3 with local companies. I would love to be PIF with them! I have been paying and am still struggling to pay!!!

Posted: Wed Sep 05, 2007 12:57 pm Subject: reply

rd, are these loans overpaid? Or the principle paid? Are they internet or store front?

Posted: Wed Sep 05, 2007 12:58 pm Subject:

Rderden - You will need to write them letters. This probably won't work with the legal storefronts, but with the illegally operating internet pdl's you should do this. You will need to send them a letter certified mail stating the laws of Texas. Someone can give you a sample letter if you'd like, I know Cannr has one she's sent to a few people.

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