Online Payday Loan Help Please

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curlydeb_2000

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Sub: Online Payday Loan Help Please

Tue, 09/25/2012 - 05:48

We currently have loans from the following lenders:
One Click Cash
GECC
Sure Advance
American Web Loan
Western Sky - now Cash Call
Plain Green Loans

We live in Louisiana and no sure what steps need to be next. They were all taken out a few months ago but the finance charges are killing us. Of course they were OK at this time but they all come out on the same weeks-almost 900 every 2 weeks and one every month for 295. The 900 will come out this week by the way. Advice please??

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SOAPLADY
LYNNINMN@AOL.COM

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Sub: #1 One Click Cash ILLEGAL TRIBAL GECC IS A BROKER, NOT A LENDER Mon, 09/17/2012 - 09:01

One Click Cash ILLEGAL TRIBAL GECC IS A BROKER, NOT A LENDER

One Click Cash ILLEGAL TRIBAL
GECC IS A BROKER, NOT A LENDER
Sure Advance NOT SURE
American Web Loan ILLEGAL TRIBAL
Western Sky - now Cash Call ILLEGAL TRIBAL
Plain Green Loans ILLEGAL TRIBAL

http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
Look up LA state laws and call the regulator to check on the two I am not sure on.

Follow the link in my signature line for information on how to deal with illegal lenders,

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com...allenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com...imitation.html

OhioGal1

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Sub: #2 None of these lenders is legal. One Click Cash - tribal GECCMon, 09/17/2012 - 09:03

None of these lenders is legal. One Click Cash - tribal GECC

None of these lenders is legal.

One Click Cash - tribal
GECC - offshore and supposedly doesn't offer loans in your state
Sure Advance - unlicensed and possibly offshore
American Web Loan - tribal
Western Sky - now Cash Call - tribal
Plain Green Loans - tribal

You should only repay the principal balance of the loan. No fees or interest are payable. Follow the step by step instructions in my signature link.

How to Deal with Unlicensed/Illegal Payday Lenders - Step by Step Instructions

I am not an attorney. I am not offering legal advice. The information and ideas I share are my opinion only and do not necessarily reflect the opinion(s) of the owners of this website.

curlydeb_2000

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Sub: #3 Well I started today by going to the bank and putting an ACH revMon, 09/17/2012 - 13:38

Well I started today by going to the bank and putting an ACH rev

Well I started today by going to the bank and putting an ACH revocation on all of our online payday loans. They were very helpful. No questions asked. One thing though I wanted to ask- do any of these online payday loans use other names or dbas that you know of? They are OneClick Cash, Government Employees, Sure Advance, American Web Loans, Plain Green Loans, and Cash Call. My bank said that if they try to put through under another name I would have to wait until they post then fill out another revocation form so I could get my money back. Our other option is to just close the account-which I really do not want to do unless I have to. I'm sending my emails to the loans so hopefully this works out well without too much hassle. Any extra advice would be greatly appreciated:D

OhioGal1

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Sub: #4 They will use other names. There are too many to keep track of Mon, 09/17/2012 - 14:19

They will use other names. There are too many to keep track of

They will use other names. There are too many to keep track of all of them. Ask your banker if they can either block all ACH transactions or make your account deposit only. The only other way around it is to close the account or have them assign you a new account number (which is basically the same as closing it).

curlydeb_2000

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Sub: #5 I sent my emails to the payday loans companies and received the Tue, 09/18/2012 - 09:10

I sent my emails to the payday loans companies and received the

I sent my emails to the payday loans companies and received the first one back from Sure Advance. Here is part of it:

Your outstanding balance is $506.00 which includes the principal borrowed and interest assessed based on the terms of the loan. As a result of your misunderstanding of the terms and conditions of the loan and our commitment to customer service, we will accept a settlement of $300.00. Once we receive the $300.00, I will forgive the remainder of the balance as a courtesy. Keep in mind that you will not be eligible for future loans with our company. We have temporarily frozen the interest along with future ACH payments from occurring on your loan.

The amount borrowed was only 400.00 and we have made 3 payments of 106.00. What should my reply be to this one and future ones?

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LYNNINMN@AOL.COM

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Sub: #6 Dear Sureadvance... Since you are unlicensed in my state, I oweTue, 09/18/2012 - 09:31

Dear Sureadvance... Since you are unlicensed in my state, I owe

Dear Sureadvance...

Since you are unlicensed in my state, I owe you principle only. I have made 3 payments of $106 which totals $318. I borrowed $400 which leaves me a remaining balance of $82. Kindly forward me your mailing address and I will send money orders to pay off this account at my convenience.

OhioGal1

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Sub: #7 Or: Dear SureAdvance, Since you are unlicensed in my stateTue, 09/18/2012 - 10:02

Or: Dear SureAdvance, Since you are unlicensed in my state

Or:

Dear SureAdvance,

Since you are unlicensed in my state, I technically don't have to pay you anything more. I'm willing to repay what you deposited into my account, which was $400. I've already paid 3 payments of $106, I will pay your the remaining $82.

You can either send me an address where I can send the $82 or I will pay your nothing. Your choice. Final offer.

curlydeb_2000

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Sub: #8 Received another email from Sure Advance:[COLOR=DarkRed]If Tue, 09/18/2012 - 10:12

Received another email from Sure Advance:[COLOR=DarkRed]If

If the principal and interest payment is not made according to the terms of the loan???.or the settlement offered???., your loan will be placed into a write Off status
The request was made on our website in Delaware, not in the state of Louisiana.
Would you like a copy of the terms and conditions that were agreed to?

Not sure what my response should be.

bingonut
hornerk@citi.com

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Sub: #9 Keep sending the same letter from OhioGal. If they won't acceptTue, 09/18/2012 - 11:19

Keep sending the same letter from OhioGal. If they won't accept

Keep sending the same letter from OhioGal. If they won't accept your terms, forget about them.

OhioGal1

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Sub: #10 Your response should be that you are a resident of LA. You didnTue, 09/18/2012 - 11:22

Your response should be that you are a resident of LA. You didn

Your response should be that you are a resident of LA. You didn't go to DE to get the loan and they're full of it and they know it. Since they obviously don't want their $82, I wouldn't pay them another penny. Ignore any further calls. Tell them you're done.