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 Posted: Wed May 14, 2008 2:26 pm
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Like the other people i've been reading about, I'm in the same boat with you. I've got 10 PDL, have emailed PDLAssistance, but have not been able to connect with them yet. They took my whole paycheck this past week, I've got a week and a half to try to do something or they will take all of that one. All of mine are internet PDLs.
What are the laws in AZ? I need help please.
Thanks Di. 
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huskysgold
Joined: 14 May 2008
Posts: 5
Debtcc Points: 65
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Posted: Wed May 14, 2008 2:36 pm
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Here's a link to where I retrieved that information:
http://www.paydayloaninfo.org/state_detail.cfm?id=AZ
| Quote: | Legal Status: Legal
Citation:
Ariz. Rev. Stat. ยง 6-1251 et seq.
Loan Terms:
Maximum Loan Amount: $500
Loan Term: Min: 5 days
Maximum Finance Rate and Fees: 15% 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: One
Rollovers Permitted: Three (extensions)
Cooling-off Period:
Repayment Plan:
Collection Limits:
Collection Fees: $25 NSF fee + actual charges assessed by the financial institution
Criminal Action: Prohibited
Where to Complain, Get Information:
Regulator: Arizona Department of Financial Institutions
Address: Financial Enterprises Division, 2910 N. 44th Street, Suite 310 Phoenix AZ 85018
Phone: (800) 544-0708
Fax: (602) 381-1225
Regulatory Contact: Robert Charlton,, Assistant Superintendent of Banks
Regulator Website |
_________________
Online Complaints Ohio Attorney General
Online complaints: Federal Trade Commission.
Ohio Payday Loan Laws
Ohio Consumer Protection Law
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Shazzers
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Posts: 2596
Debtcc Points: 18822
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Shazzers
Moderator
Joined: 05 Dec 2007
Posts: 2596
Debtcc Points: 18822
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Posted: Wed May 14, 2008 2:44 pm
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Yes I've already looked into another bank to open another account, don't know what else to do. I'm so worried about this can't sleep, eat, or think straight at work. I have the list of PDLs at home will get them when to you when I get there. In the meantime, I really don't know what all that wording in the "legal" state rev stat mean. Can you explain to me.
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huskysgold
Joined: 14 May 2008
Posts: 5
Debtcc Points: 65
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Posted: Wed May 14, 2008 2:46 pm
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A few of them off the top of my head are
CashnetUSA
Payday One
Little Loan Shop
Ameriloan
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huskysgold
Joined: 14 May 2008
Posts: 5
Debtcc Points: 65
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Shazzers
Moderator
Joined: 05 Dec 2007
Posts: 2596
Debtcc Points: 18822
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Shazzers
Moderator
Joined: 05 Dec 2007
Posts: 2596
Debtcc Points: 18822
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Shazzers
Moderator
Joined: 05 Dec 2007
Posts: 2596
Debtcc Points: 18822
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Posted: Wed May 14, 2008 3:12 pm
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A few more:
Instant Loan Today
BIG
FastMoney911
It is CashnetUSA
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huskysgold
Joined: 14 May 2008
Posts: 5
Debtcc Points: 65
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Posted: Wed May 14, 2008 3:13 pm
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husky. . .welcome. Please read the sticky on ACH processors. I feel it is an important step in the process of clearing your PDLs. Follow the advice of those on here who have been there, done that. Post when you need us.
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llw1995
Joined: 02 Feb 2008
Posts: 863
Debtcc Points: 10247
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Posted: Wed May 14, 2008 3:20 pm
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Thanks for referring me to the sticky on ACH processors. I'm new to this site, where are they?
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huskysgold
Joined: 14 May 2008
Posts: 5
Debtcc Points: 65
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Posted: Wed May 14, 2008 3:31 pm
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Stickies are at the top of the forums page. I think goudah is around so perhaps he could address the accuracy of using processors in your case.
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llw1995
Joined: 02 Feb 2008
Posts: 863
Debtcc Points: 10247
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