Dealing With Unlicensed Payday Lenders

I have two loans One with Ameriloan, and one with Loanshop/Everest. Ameriloan was for $300 +$90 interest which I haven't paid yet and the other is a $200 loan in which I have paid $272.50 thus far. this is my first time getting these loans and my neighbor told me about them...saying they helped her when she was in abind. And granted tey have helped me pay my rent, after I had an emergency car repair. but now I see they might b illegal. So maybe I just need to pay the principal back? I am in TN. please someone help! I am a single mom and really can't afford them to take ungodly amounts out of my account. I was so stupid for doing this. they said if I cancel my account that it's considered fraud and it's a felony?

Debts are civil, not criminal. You cannot be charged with a felony. Go ahead and close your bank account. With illegal loans you only owe what you borrowed, nothing more.

I have SEVERAL payday loans & I live in California
-Discount Advances 1050
-American Web Loan 900
-Advance Me Today 1000
-Zip19 810
-Eastsidelenders 1000
-Loan Shop 500
- Vandelier Group 300
-Vista Group 300
-Four Seasons Cash
- Great Plains Lending

I understand that I have to pay back the principal amount on all these loans, I am EXTREMLY overwhelmed w/ paying only the interest back and NOTHING going towards the principel.

I am going to head over to the bank to close my account but I need guidance on how to contact the lenders and let them know. Or how can I make arrangements w/ them.

HELP!!!

I am new to this forum and apologize if I am posting in the wrong area. I live in New York state and unfortunately have fallen into pay day hell and all of my pay checks have been going to interest. I have tried to work with the payday loans and have been told that I can't make payment arrangements and will go to jail for check fraud. I have contacted the AG in New York state and was told that this can't happen and the banking dept was not able to really answer any of my questions. I am feeling a enormous amount of support from reading the posts on this forum in terms of ending this hell and closing my acct. I am also so nervous. I have loans with the following companies:

Ezpayday- 700.00 and have paid 630.00 already
nationwide- 1000 and have paid 600.00 already
signmyloan.net- 700.00- 0 paid yet
one click cash- 700.00 -0 paid yet
united cash loans- 700- 210 paid already
advance me today - 500.00 -150.00 paid already
pdl-300.00- 450.00 paid already
impact- 500.00- 0 paid yet
ameriloan-900.00- 250.00 paid already

I am so embarrassed that I have fallen into this trap. I want to pay them off as I know that I owe them. I just wish they would allow payment arrangements. I don't know if I should join a debt consolidation program or try to send out the letters that have been placed on these forums with them. I can lose my job if they call and I am terrified. Any assistance will be greatly appreciated.

I am not embarrassed by the fact that I was trying to get help through pdls and no one else should be either. I am more than willing to pay back the principle and only the principle amount I owe.

I am so glad that I found this forum and all the help that I have received to this point.

I would suggest to anyone that is just starting out to do the following:
1. collect all the information on your pdls
a. address
b. email address
c. account number
d. amount you borrowed
e. exact amount they have taken from this point
2.go to http://www.debtconsolidationcare.com...-dealings.html. The information on this forum is so helpful.
3. come back here anytime you need some advice.

Good luck to all.

I am closing and unsticking this thread.

For current, step by step information on how to deal with unlicensed/illegal payday lenders, please see this thread.