| Message |
Author |
 Posted: Thu Oct 09, 2008 11:40 am Subject: payday loans |
|
|
I have read a lot on this site and all of you have alot of very helpful advice.I have a few payday loans out that i am in process of trying to clear up. i live in new york.
webpayday 719 remaining
united cash 430 remaining
1 click cash 510 remaining
ameriloan 306 remaining
I know how incredibly to stupid it was to get involved with in the first place, but this is where I am. I've began by doing what some of you have said and closed my account that was associated with them. I have payments set up with ameriloan for half one day and the other two weeks later. My question is have any of you had any success eliminating these on your own schedule. what i mean by that is if i take care of ameriloan this month then move on to another next and so on for the next 3 months. So i'm wondering if any of you have been able to push these people off for that long?
|
|
islefan3949
Joined: 08 Oct 2008
Posts: 18
Debtcc Points: 300
|
|
|
| Posted: Thu Oct 09, 2008 11:47 am Subject: reply |
|
|
i saw and answered your other question.now i need an answer from you.
how much borrowed from each pdl?
these loans are prohibited in NY.you only owe the principal borrowed.please answer that question.we can help you here.
|
|
paulmergel
Moderator
Joined: 24 Jun 2007
Posts: 4034
Debtcc Points: 14661
|
|
|
| Posted: Thu Oct 09, 2008 12:17 pm Subject: |
|
|
united cash 250
1 click cash 300
ameriloan 200
webpayday 625
So how would I go about telling them that I'm going to pay them back the original loan amount?
|
|
islefan3949
Joined: 08 Oct 2008
Posts: 18
Debtcc Points: 300
|
|
|
| Posted: Thu Oct 09, 2008 1:18 pm Subject: reply |
|
|
good,now one more thing.this might take longer,but i need this info.
how much was paid to these pdl's include fees and/or rollovers.
you see.these places being illegal and all every fee they charged was illegal and counts toward the loan.so find out how much if anything was debited from your account from these places. thanks.
|
|
paulmergel
Moderator
Joined: 24 Jun 2007
Posts: 4034
Debtcc Points: 14661
|
|
|
| Posted: Thu Oct 09, 2008 1:22 pm Subject: |
|
|
Nothing had been debited after receiving the loans is when i began the process of closing the account. I've been going back and forth with them trying to figure out a payment schedule with them since then.
|
|
islefan3949
Joined: 08 Oct 2008
Posts: 18
Debtcc Points: 300
|
|
|
| Posted: Thu Oct 09, 2008 1:34 pm Subject: reply |
|
|
yes try to make payments for the principal only.these places will say some outragous things.you did nothing wrong.they broke the law lending where it's illegal to lend.if all else fails let your AG know.at least they can try to make these pdl's see reason.
|
|
paulmergel
Moderator
Joined: 24 Jun 2007
Posts: 4034
Debtcc Points: 14661
|
|
|
| Posted: Thu Oct 09, 2008 1:50 pm Subject: |
|
|
so for example only send united cash 250 and tell them that that is the loan amount and that it's all i'm going to pay.
|
|
islefan3949
Joined: 08 Oct 2008
Posts: 18
Debtcc Points: 300
|
|
|
| Posted: Thu Oct 09, 2008 2:32 pm Subject: reply |
|
|
exactly right.you owe what they borrowed you.not a penny more my friend.that goes for all your pdl's too.just be prepared to get the NY AG on this,because these places are illegal.they know it and don't care.they will try to get you to give current bank info,threaten you stupidly,and tell you they are legal.it is all HOGWASH.do not believe a word of what they say. we'll talk tomorrow.i'm sure someone else can answer any questions till
then.just relax knowing you are taking steps to get rid of these places before they really take hold.
|
|
paulmergel
Moderator
Joined: 24 Jun 2007
Posts: 4034
Debtcc Points: 14661
|
|
|
| Posted: Wed Oct 22, 2008 10:18 am Subject: |
|
|
I've read alot of stuff on here about filing with the ag, what do i need to do to that, what do i need to file? Should i let these places know that i have done it? Has anyone had success by letting them know that this was done and that you were only going to pay them the amount that was borrowed? or has anyone told them that they were only paying the amount borrowed?
|
|
islefan3949
Joined: 08 Oct 2008
Posts: 18
Debtcc Points: 300
|
|
|
| Posted: Wed Oct 22, 2008 10:29 am Subject: reply |
|
|
start by letting them know you intend to pay,but realized they are illegal in NY.therefore you need an address to send a money order.once they know that and they get nasty.then you
file the AG complaints.i don't know about NY,but some states like mine illinois you can file online.it's simple really the forms are on the do-it-yourself section on top right of this page.
|
|
paulmergel
Moderator
Joined: 24 Jun 2007
Posts: 4034
Debtcc Points: 14661
|
|
|
