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 Posted: Tue Nov 06, 2007 10:25 pm Subject:
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anybody heard of payday-loan-yes? are they legal..I know AIP is not..what about the other?
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bclaymore
Joined: 30 Oct 2007
Posts: 38
Debtcc Points: 1170
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Posted: Wed Nov 07, 2007 8:13 am Subject:
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Payday Loan Yes is not legal. They are a huge pain in the butt. Do a search here for Cash Net 500 and you will see a ton about them. They go by Cash Net 500, Payday Loan Yes, USA Cash Express, and Global Payday.
_________________
How I make some extra cash
I earn at least $20 extra every month doing offers. And you don't have to pay a cent.
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goudah2424
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Joined: 31 Oct 2006
Posts: 8007
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Posted: Wed Nov 07, 2007 12:27 pm Subject: reply
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shelly, good to see you! If you have any other questions - just post! I see our wonderful goudah has answered your question regarding PayDayLoanYes! Thanks, goudah!
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cannr
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Joined: 07 Jun 2007
Posts: 9372
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Posted: Wed Nov 07, 2007 4:18 pm Subject:
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Thanks I just sent them a certified mail and I emailed them too. In my letter I told them that the fiance charges that Ive been paying them every week is causing financial hardship to my family so I got no other option than to stop otherwise I'll file for bankcruptcy. They already got too much from me . I froze my bank..nother transaction even withdrawal..just purely deposit only..two of them gonna hit me this friday so I have to call them tomorrow morning...thats payday loan and AIP..not gonna pay them, i dont think..spoke to a lawyer whos gonna help me...now its like a turn around..the lawyer wants to get money from them..LOL..
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bclaymore
Joined: 30 Oct 2007
Posts: 38
Debtcc Points: 1170
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Posted: Wed Nov 07, 2007 4:41 pm Subject: reply
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Oh, bclaymore! You're on a roll now! You have SO got to keep us posted as to how this progresses! Good for you!
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cannr
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Joined: 07 Jun 2007
Posts: 9372
Debtcc Points: 124815
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Posted: Thu Nov 08, 2007 6:14 pm Subject:
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OK so I signed up an agreement for T & C..My contrat with them wil be 17 months..As long as youre paying them, everything will be fine...Plus I still know the possibility of some of these PAYDAY LOANS to call me so I went ahead and call my country clerk of court and got myself a free lawyer..ofcourse I have another one from my father inlaw..but I dont wanna spend money so I have a spare lawyer for free..and yeah they will make money out of it if theyre not licensed so I dont really care I just want them out of my life...I have a storefront loan..one for me and one for my husband..They extended my husband's..I told them our emergency..I read the agreement, they cant charge us extra thats our state law...with mine, tomorrow I'll be there because I already talked to them ..I will give them a copy of my bank so they'll know theres no money in htere and infact I owe the bank 200 bucks...that way, they will give me 60 days to gather my resources..my husband and I sat down and thought of a payment plan...when he gets paid he will pay my storefront...our goal is not to hear from them starting next week...they will call me directly on my desk since they know that number but oh well, I deal with nasty people everyday..they cant kill me on the phone..Im just happy I can sleep..by the end of next month, Im hopeful i'll be debt free
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bclaymore
Joined: 30 Oct 2007
Posts: 38
Debtcc Points: 1170
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Posted: Thu Nov 08, 2007 6:40 pm Subject: r
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b, you've got it going on! You're doing so well! You've got it all planned out. Great job! And your attitude is very positive and that's what gives you motivation! You are inspiring! Yes, you can sleep now instead of worrying. And just think, by the end of next month, you will be great! I'm so glad to hear you're doing so well! 
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cannr
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Joined: 07 Jun 2007
Posts: 9372
Debtcc Points: 124815
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Posted: Thu Nov 08, 2007 6:57 pm Subject:
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u know its hard..im still woried but not as worried as before..I think about it, these PDL made our lives hell...we fight everyday, we scream at each other..sometimes I feel like hes not thinking that way I do..but he does ..its just that because of all these problem we created, we dont see and think clearly anymore..u know these site helps a lot...it made me realize hey theres a lot more people whose in a worse situation than us and actually dealing with them for more than a year
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bclaymore
Joined: 30 Oct 2007
Posts: 38
Debtcc Points: 1170
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Posted: Thu Nov 08, 2007 6:59 pm Subject:
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first sign that I had that we're not ok is when we're starting to get late with our bills and cant meet our needs anymore...usually we get short only for a few days and were ok when we get our paycheck,,,but the minute we borrowed from this greedy loan sharks, for 3 months it was never the same
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bclaymore
Joined: 30 Oct 2007
Posts: 38
Debtcc Points: 1170
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Posted: Thu Nov 08, 2007 7:00 pm Subject: r
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b, that's the stress of all this causing these problems. My gosh. That's all that's on your mind when you're stuck in this pdl cycle. It's horrible. Soon, once you're out of it, things will be so much more relaxed. I know what you're going through. We all do. And, like you said, there are many, many people in the same situation. Some who have it many times worse and they are strong and working through it. This site is awesome. We can all relate to each other and understand each other since we're all living the same nightmare. You know we are here for you.
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cannr
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Joined: 07 Jun 2007
Posts: 9372
Debtcc Points: 124815
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Posted: Thu Nov 08, 2007 7:30 pm Subject:
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this site actually helps me a lot..I spoke to Lesley from T & C .I found about them in this site..Anyway, they faxed the paperwork to me and I mailed it to them overnight by UPS...Theres an agreement there that states youre hiring them for disbursement of the contracted payment...Ive seen others who were asking how they work..Ive read the contract...the minute you sign up for them, they will contact your creditors right away to have a settlement plan...Note that they will not pya off all your creditors right away..They will simply make it clear that this particular person cant pay you anymore for such and such reason and we're here to settle in their behalf...its take it or leave it..If your creditors call you, tell them youre in credit counseling and have a program..if they harrass you, tell them to call your atty..get it from your county clerk they will give you a number of where to call an atty for free..harrassing is a violation of the law...As long as youre in good faith and didnt intentionally wanna borrow and say goodbye to them, then youre fine...Im still worried..but like what they say when the going gets tough, the tough gets going
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bclaymore
Joined: 30 Oct 2007
Posts: 38
Debtcc Points: 1170
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Posted: Thu Nov 08, 2007 7:35 pm Subject:
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and for those people whos worried about getting embarrassed at work when these people call..well, this is not the perfect time to stress yourself about embarassment..the fact that we're all drown into these loan sharks is already an embarassment..talk to your bodd or HR officer..if youre so ashamed about it..tell them your information on your bank account was hacked..people are getting money from your account..that happened to us before so its possible..if u dont like that kind of reason then tell them you borrowed from a payday loan and already paid it off but surprised theyre still getting money from your account..tell them you already contacted an attorney to fix it..that way its not very embrassing
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bclaymore
Joined: 30 Oct 2007
Posts: 38
Debtcc Points: 1170
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Posted: Thu Nov 08, 2007 7:36 pm Subject: r
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b, thanks for posting that! A lot of people ask "what happens when you sign up". Great post! Don't be worried, b. Things will get better slowly but they will get better. You've got T&C working for you now. At least you're going in the right direction. I've read good things about them. You're doing great.
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cannr
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Posts: 9372
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Posted: Thu Nov 08, 2007 7:39 pm Subject:
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im talking because were going thru all that..My husband is a department manager from a very huge company and Im a Consultant from another prestigous company..can u imagine the embarassment wemight experience..the thought of it is horrible..but hey dont act like youve done something stupid..act cool and just say, hey ignore the call, we already sued them...infact my boss answered a call from them yesterday and scream at her..dont know who it was..hes gay but hes nice,,he told the girl on the other line dont ever ever call me on company phone or they'll sue them..LOL..so u see its a matter of what you tell them...
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bclaymore
Joined: 30 Oct 2007
Posts: 38
Debtcc Points: 1170
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Posted: Thu Nov 08, 2007 7:42 pm Subject: r
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LOL! b, I love your boss!
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cannr
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Posts: 9372
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Posted: Thu Nov 08, 2007 7:51 pm Subject:
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well I just signed up for T & C..The initial payment is $200..atleast thats for us..our total loan is $2100..in the contract, it will state the contracted payment..like if you owe payday-loan-yes 300, the contracted payment will be $20..that means when they reach a settlement plan, thats how much they will pay them until theyre finish paying off your account..thats how I understand it and how they explained it..I had to asked them to explain it to me very well...in return, I will pay them for 17 months..$37 per week to cover for all..their service fee is %10 of the prinicipal amount....its not that bad...put it this way, if your doubting how they work and thinking if you going to gamble $200 for this..well what do you have to lose?..youre already in debt and theres no way you can pay them by reborrowing unless you wanna deal with them on your own...I will keep on posting the outcome of T & C..good or bad I will post it here..this is the best site I think I found that people can actually relate about their financial trouble
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bclaymore
Joined: 30 Oct 2007
Posts: 38
Debtcc Points: 1170
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