Needing help in Iowa

I got myself into a jam with internet payday loans. I needed cash for house payment food and necessities as husband was laid off and bills were piling up along with disconnect notices and all that. Anyways we started with one loan and still were behind and had NSF charges so again anohter loan to cover things and a few more after that. Now we are paying over 800 a month in PDL and not able to pay our NEEDED BILLS. Im overly stressed and worried about what will happen. I am not against paying these places back but would like to lower the payments or something so that i can afford my bills and to put some REAL groceries in my house. I read that PDL are illegal in Iowa what does that mean? Do I have any rights anything I Can do? I cna close my account but i have checks out what happens to those? I don't want those people to think that i am unwilling to pay tehm because i need to close my account to avoid the pdl people from taking everything i have. ANy advice is greatly appreciated. The companies we have borrowed from are
United Cash Loans
500 Fast Cash
National Payday
ameriloan
werenot sure on the amounts as we have had tsoime for months and have apain on htem regualraly

United Cash Loans, 500 fast cash, and Ameriloan are all illegal and do not have a license. So you only owe the principal amount borrowed with no interest fees!

Go to this link to help you deal with illegal lenders.
http://www.debtconsolidationcare.com...-dealings.html

Not sure if National Payday is legal or not?

In my opinion....the best thing for you is to close your account and secure your funds. You are dealing with illegal lenders. Set up an extended payment plan to pay them the principal amount borrowed only (no interest, no fees).

------------------------------------------------------------US FAST CASH, UNITED CASH LOANS, AND AMERILOAN are all the same PDL Company according to BBB.

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I am going to go to the bank in the morning and close my account. the National Payday debited two payments today and overdrafted my account cauasing house payment and car payment to bounce i talked to teh bank and they had him sign a paper to reject the payment and give us that money back. THey suggested i close the account and open a new one. I wasn't sure of all this stuff when i talked to them and had chose not to close it today but will be doing it tomorrow.

I have reviewed my bank statements and found out when pay day loans started and what i have paid on them thus far.
500 fast cash borrowed 500.00 have since paid 715.00
United Cash borrowed 300.00 have since paid 500.00
National payday we till owe them as we have only made 2 62.50 payments as our bank kicked out the two payments today of 237 each. so we owe them 275

You have overpaid 500 fast cash and United by a bunch. Have you secured your bank account?

I am closing it today and hten going to send letters do you have a link ot sample letters? or suggestions on what to put into the letters? This has relieved so much stress knowing there is a way to stop this and not have to loose everything i have. do i need to call the iowa attorney general? i thought i read somewhere that i sh ould but i don't remmeber what for. All this has got my mind in a jumble

Yes, you should file complaints with your state AG, and FTC.

Here is a sample proposal letter. Just taylor it to fit your situation.

thanks i called my bank and let them know these things were illegal and that i was waiting on the iowa AG and the Iowa banking division people to call me as the guy wasn't in the office. THey got my two payments back and are freezing my account they are going to close it this afternoon and open a new one and then they will manually put through the checks we approve. i am soo relieved and they are being really nice. They do not know what a hard block is or an ach block but did assure me that once it is closed they will not let anything not okay by us thru. I asked to get this in writing she said no problem sooo hoping this will be taken care of

That is great news!!

where do i find the account numbers for these payday loans i have?

Let's start with the internet loans, all of the are illegal in Iowa. There is no online PDL that is legal to lend in Iowa.

The AG and IDOB will get in touch with you very soon. I have worked with both departments and they are very good.

Good Luck

bnks_ngl - for phone numbers, you can do a search here, the BBB, or even your bank statement would sometimes list it.

If you have the original contract the account numbers should be listed there. If you want to call each compnay personnaly they should be able to provide it to you. Your bank statement may only have the transaction ID#