I need help in Florida

Yes, please file complaints. The bank can and should be doing something to help you stop these UNAUTHORIZED and FRAUDULANT transactions! There is no excuse for the banks actions.

If it is a national bank then you would file a complaint with the OCC (office of the comptroller of currency) If it's a local bank, then you would file with your DFI.

Okay I need advice please! Below is what ImpactCashUSA emailed to me. How do I respond to this? Do I ignore or compose an email back to them?

I would respond back that you have already talked to your state officials, and they already explained to you how the laws work. And that internet based pdl's still have to be licenesed in your state. The pdl can say what they want, but that doesn't change the facts. You trust the government officials that enforce the laws more then someone that works for a pdl. Also, per your state's officals, you will only communicate through letters or email. You need written documentation of what is going on.

pyb, listen to goudah! Email them. Do not call them. You want documentation of EVERYTHING. Tell them you do understand your state law. Tell them you have contacted your state AG and have a complete understanding of pdl's. Tell them to email you anything they "wish to discuss" because you must have documentation of all communication, so telephone calls will not be permitted. And, what the hell? "Push forward"? What? Be more illegal than they already are? Good Lord. Email them. Be firm. Stand your ground. They will say their state law applies. They can bite you. You are correct. Compose yourself, send the email, and only corresponde via email or USPS. Do not talk to them on the phone. And make it a point to tell them in your email to only communicate via email or USPS because you have been advised to get everything in writing.

We opened a checking account at a different bank. Now we are just waiting for 9/3 to roll around for our other account to close. It floors me that the bank told me they would not do anything even with the paparwork revoking the pdls right to debit in front of them. The bank manager told me not to make any payments to the bank right now let it stay in the negatives and the bank will close it on the third of Sept. I am now on a strict budget but will be out of debt by November if all goes as planned. Oh I hate banks. The only reason I even opened another one is that my paycheck is written on an out of state bank and i have to have an account to caash it.

PY...sounds similar to what my bank did with me...now after they closed it I was in the red for over 1K...loss pprevention did make payment arrangements with me and also said after a few payments I could petetion the president of the bank to remove some of the fees. I am in the process of writing them a letter now...and if I get no response I will be contacting the OCC. Just make sure to ask them not to list you on Chexsystems...my bank complied with that request as long as I am making payments etc.

Send Cashnet certified letter telling them that according to the laws in the State of Florida that you have pais them more than the interest rate allowed. Demand that they mark your account paid in full.

Originally I only faxed, but now that I have gotten a paycheck and actually hae some money i plan to send cshnet a certified letter. They are the only ones that I faxed to that tried to debit my account, every other one listened to my fax (at least for this week).

pyb...watch your account closely...all but 4 of mine with held debits when I first notified them only to come back and try like 10 more times after.

Oh I am definitely going to watch that account. After reading the horror stories in this forum, I think I would be crazy not to. Thanks to this forum I am not nearly as stressed out, but i will still be much happier once these PDLs are taken care of for good. I will never take a PDL out again. I won't fall into that trap again. I would rather starve for a week before going through this again.

Cashnet according to my interpretation of the law is in violation of the law regarding credit service oganizations. The law states in so many words that a CSO cannot collect fees if the credit obtained is not better than that avaialble to the General Public. In Florida anyone with a job can walk into a storefront and get a loan for 500.00 if they have a job, with a 10 percent fee. Cashnet is not offering a better deal so therefore they are in violation. That is how I interpret it. Below is from the prohibited section of the Statute

2) Charge or receive any money or other valuable consideration solely for referral of the buyer to a retail seller or to any other credit grantor, who will or may extend credit to the buyer if the credit that is or will be extended to the buyer is upon substantially the same terms as those available to the general public;

I'm in agreement with some people about bank accounts. I wish we didn't need to have one at all. But what are we going to do? Stash our money under our mattress? Carry cash around in our shoe? What about employers that require direct deposit? It just bites. Because the more I read, and the more I get the run around, I keep thinking "to hell with them" but then I'm like "well, what would i do then?" They've got you between a rock and a hard place.

Employers are not allowed to require direct deposit although many State agencies do anyway from what I read. I joined the Eastern Florida Financial Credit Union and have found them vert personable to deal with.

If you work for the state of florida you are required to have direct deposit, but not all of their agencies strictly enforce that requirement.

Sorry above was me. Did not realize that I had gotten signed out.

I have heard that. That is the state thumbing their nose at federal law I guess.