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Posted: Mon Jul 02, 2007 4:55 pm Subject: Need some help with payday loans

Hi! I'm so happy I found this site . . . I seriously thought i was the only one with payday loan problems!

I live in Pennsylvania, and have read some conflicting information about the laws there. Can someone help me figure this all out? I don't really know what my first step should be or what to do, but my payday is coming up on the 5th, and I'm going to be evicted if these places take all my check again.

Posted: Mon Jul 02, 2007 5:03 pm Subject:

CLOSE THE ACCOUNT TOMORROW! I know these are internet pdls because this business is prohibited in PA. Get your complaints into the Attorney General's Offices also.

Posted: Mon Jul 02, 2007 5:04 pm Subject:

Which companies are you dealing with?

Posted: Mon Jul 02, 2007 5:04 pm Subject: debt

Jenn, Anything that I post on the subject of Pa gets corrected. So here is my advice to you. Contact your Attorney Generals office consumer divison. I spoke with them the other day. Tell them your situation and see if they can help you. They are the BEST in your state laws and thats what they are there for. Payday loans are Prohibited in the state of PA. Attorney Generals are sucessful mediators and they are free. Best Wishes Kyside38

Posted: Mon Jul 02, 2007 5:06 pm Subject:

I will go to the bank tomorrow morning . . . But can't the places sue me? I'm scared to death of ruining my life even more then I have.

If they are prohibited in PA, how can these companies lend to us?

Once I close my bank account, what do i do? From what I've read these places will call you and be very nasty.

Posted: Mon Jul 02, 2007 5:06 pm Subject:

Listen to kyside, she knows alot about the pdl laws and works closely with her state. She is probably one of the most knowledgeable folks on here when it comes to dealing with the ipdls. Listen to her, I did, and I am pdl free.

Posted: Mon Jul 02, 2007 5:09 pm Subject: PA

They will not sue you in a state where the loans are PROHIBITED!! They break the law and lend in states where they are not supposed to. I am from WV and they are illegal here to. Go to the WV AG website and type in payday loans in the search and read about them. KYSIDE38

Posted: Mon Jul 02, 2007 5:17 pm Subject:

Okay, here's the places I have loans with:

Cashnet USA - borrowed $300, paid back $450 , still owe $385

Fast Wire Cash - borrowed $300, paid back $485, owe $410

Payday OK - borrowed $200, paid back $325, owe $240

Payday Select - borrowed $200, paid back $325, owe $240

Payday Yes - borrowed $350, paid back $200, owe $465

AIP - borrowed $200, paid back $178, owe $289

Cash Central - borrowed $200, paid back $210, owe $245

I have another one, but I can't remember the name, and I'm at work right now so I can't check. I know i borrowed $300, paid back $178, and still owe $389. I will post that tomorrow.

Posted: Mon Jul 02, 2007 5:25 pm Subject:

Hold on here - you can't owe more than you have borrowed! I don't know what the cap is in PA, but if you borrowed 300, paid back 450 how can you owe 385? (just and example). You have over paid four of these by my count. It seems that they owe you money. Just my opinion.

Posted: Mon Jul 02, 2007 5:26 pm Subject:

So they can't sue me? It sucks, I'm scared if I pay them, and I'm scared to not pay them. I really need to get things put back together, I'm about to be on the streets. My landlord told me no more excuses, and I don't have the money to move. I wish i hadn't waited so long to look for help, but i really thought I was the only person that took out so many loans.

Posted: Mon Jul 02, 2007 5:27 pm Subject:

Because i pay to renew the loans each pay period. They say that i still owe the total principle, plus the fee for that pay period. I'm just going in circles and will never be able to pay these off at the rate i'm going.

Posted: Mon Jul 02, 2007 5:36 pm Subject:

I know that Kyside is around - I know that she or Mishele or Steelers can answer you better, but they are illegal in your state - they will threaten to sue you, and through you in jail and send people to you home or job, but they will not! They will use many illegal scare tactics on you - do not listen to them. File complaints with the attorney general, the FTC, the FBI and your state banking authority.

Posted: Mon Jul 02, 2007 5:41 pm Subject:

So i wouldn't owe what they say? I'm confused . . .

You said that they owe me money, well that is the most wonderful thing i've ever heard! How do i get it?

Posted: Mon Jul 02, 2007 5:42 pm Subject:

Hi Jen

if you find you have overpaid Payday Ok and Payday Select, they will be quick to settle with you. I emailed them and let them know my state's laws and after two or three times going back and forth, they marked my account paid in full. They are really easy to deal with once they know that you know your laws. Good luck Smile

Posted: Mon Jul 02, 2007 5:47 pm Subject:

So what are my laws? Do i just say they are prohibited?

Posted: Mon Jul 02, 2007 5:52 pm Subject:

Jen...take everything one step at a time. The first thing you must do is go to your bank..explain the situation and close your account. Then open another at a different bank. Make your payments arrangements with the ones that are not internet pdls. Now you have your check back you can pay your rent and get some sleep. They can not arrest you or sue. Then once you have looked over the laws for your state and/or talked with Kyside...you can figure out exactly what you should have paid these internet pdls..then you can send them letters revoking the permissions you gave them before, to contact you or debit your account...you can ask for refunds and demand they mark you paid in full. Refunds are always icing on the cake...some people have been successful with some of them...others not at all. But the point is to get control of your finances...and pay what you honestly owe according to your state laws.

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