Thanks for all the info. One more quesitons what about the consolidating payday loans sites?? Should i try that??

IMO, you can do it yourself. You will pay more in fees for something that can cost you nothing. If you are delaing with ILLEGAL lenders it is pointless to try PDL consolidation. You will still be called at your place of business and home phones.

However, if you do not have the time to do this on your own some folks prefer consolidation. It is up to you in what you feel comfortable with.

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"We are what we repeatedly do. Excellence, then, is not an act, but a habit."

-Aristotle-

I have a loan thru usfastcash, and during my reading here, I see they are a illigal company in all states.I had Bremer Bank here,I live in Minnesota..I have closed my account, but I want to know how are they involved with them..There my be some kind of legalities in that..also what is the real name is it MTE, or something else..Please let me know..And thanks..also I have read the doc's and they say they uphold the patroit act..

Are you asking if usfastcash is involved with your bank?

I would say the answer is no.

MTE has many names. USFastCash is one of the names the give loans under. They are illegal everywhere.

What does the patriot act have to do with payday loans?

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To infinity, and beyond

I just got hold of one of the loan processors I believe it's OSO can't be sure but I had a loan for $150.00 and they have already charged me 495.00. Because she said I didn't call three days before the due date that is just finance charge. They say I still owe $195.00. This was for $150.00 how can this be right???

They are illegal. My best advice is to close your account. They will continue to take out only fees.

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To infinity, and beyond

Please Please Please, close your account ASAP

__________________
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."

-Aristotle-

I see that Bremer Bankdoes have usfastcash as a client, and I read the loan docs and they use the patriot act in the small print..Bremer accused me of fraud when I closed my account.

Typical

__________________
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."

-Aristotle-

advantage payment systems 888-891 6812

sorry advantage payment systems 888-891 6812 is the processor for most ilgeal pdl

Discover Card is offering me a reduced rate and a lower payemnt for 60 months to completely pay my balance. This can only be done by setting up an automatic monthly withdrawal agreement. If I accept my account will be revoked. Is this good for me?

I have found out that all my payday loans which include Titan, GRC Funding, GRENTERPRISES, Ameriloan, Payday loan yes, and Kingston Financial are all processed through Kingston Financial. When I asked them for their address so i can send a Revoke letter they refused to give it to me. I am planning on closing my bank account this week so they can no longer debit it but I am not sure where I can find the letter to send to them and the PDL people. Any suggestions out there??

Does this mean, very simply, that no "person" as in one singular person, can not do this, or does it mean that according to the Electronic Funds Transfer Act that all internet lending - as far as the types most of us are dealing with that auto-debit our accounts - are illegal???

Or am I totally interpreting that from my screwed-over-by-internet-pdls perspective...

I have contacted the EFT intercept and the tone of the email is, what do you want us to do? I don't know, maybe you cannot get rid of these lenders.

I am in payday hell and have been reading through the thread. I know that four of my lenders might be illegal in the state of Maryland. These are Wagesfast, 500FastCash, Upfront Cash and one called Namakan Capital. My bank is wachovia. From what I understand I should close or make my account deposit only. Then I should revoke the ACH with the Pdl's through email, fax or hard copy. Then I should write C & D letters with the BBB, FTC, and Maryland Attorney General's office. Then I should contact the ACH processors of these lending sites. Is this about right? Does anyone know the ACH processors of any of those lenders? Where can I get some good sample letters for the ACH revocation and the C & D letters? I thank you guys for this site, I am really in a jam. Any other advice or help would greatly be appreciated.