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#1
06-29-2009, 05:35 AM
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Junior Member
Join Date: May 2009
Posts: 28
Credits: 482
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Sub:
Monies paid...
Ok, so this may sound like the dumbest question today... but I have never been great at handling the finances so I am going to ask rather than assuming anything one way or another...
I have had several PDLs that I had taken out (addressed in several other posts)... my question is this... the amount we have paid to these PDLs, they all had SOME amount paid to them, which subsequently took my account into negative status... the bank so kindly continued to cover the amounts until the account became about $1000 in the hole, then they stopped covering the amount and started returning the items to the creditors. Even though the money wasnt in the account and the bank covered it to the creditor, then I put money into the account to take care of the negative balance, does that count towards money paid to them? It sounds even dumber now that I type it out but I am gonna ask anyway... Thanks everyone, you have no idea how much you have helped my sanity in all of this... jp 
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#3
06-29-2009, 06:30 AM
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Junior Member
Join Date: May 2009
Posts: 28
Credits: 482
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Sub:
... I got that, for the ones where no money went to the Companies but the bank paid them the payment each time it came through...
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#4
06-29-2009, 06:34 AM
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 Moderator Join Date: Mar 2008
Posts: 3,604
Credits: 24,730
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Sub:
if the bank paid them, they were paid that money
__________________
My new blog.. on trying to get out of debt, making extra money online, getting a new life.. just little things I have picked up along the way for making extra money.. http://what-shoulda-been.blogspot.com Updated regularly 
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#6
06-29-2009, 08:36 AM
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Guest
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Sub:
that was 2 separate parts of the comment... There were a few transactions where the Bank didnt cover the payment. THose got sent back. The ones where the bank DID cover the payment, those were the ones I was wondering about.
thanks everyone!
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#8
06-30-2009, 07:02 AM
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Junior Member
Join Date: May 2009
Posts: 28
Credits: 482
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Sub:
Ok... follow up time. I have gone back over my bank statements and looked at all of the debits from the accounts for the loans I had taken out. Below is what I have found. These are the debits where the money was actually taken out of the account or the bank covered the payment adn then I covered the negative balance :
Total Lending/Arrowhead Inv. - $345 on a $190 loan Avantis - $720 on a $500 loan CMG Group - $225 on a $250 loan Pack Mngtmnt/B&L - $180 on a $200 loan Centurion - $120 on a $200 loan Ameriloan - $265 on a $500 loan United Cash Loans - $200 on a $200 loan So, I have a bit left to pay for the principal on some of these, but most are still trying to get more than that. Loan Shop Online is trying to get me to "settle" for $275 on a $200 loan (after the original amount was supposedly $410)... Ameriloan and United Cash Loans are both sending me emails saying that I owe them both $810 when neither loan was for that much to begin with... love that stuff... Bank STILL wont close account, just put hold on it so nothing can be debited, better than nothing I guess... Slowly but surely...
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#9
06-30-2009, 07:06 AM
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Sub:
You're getting there!!!
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CLICK HERE To join my Social group, The Payday-Loan-Free Advocates! Online Complaints Ohio Attorney General Online complaints: Federal Trade Commission. Ohio Payday Loan Laws CLICK HERE to find a Creditor
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#10
06-30-2009, 07:18 AM
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Junior Member
Join Date: May 2009
Posts: 28
Credits: 482
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Sub:
My biggest battle has been telling these scammers that the money they have taken from me in their $50 and $60 increments goes towards the principal balance... they ALL argue that point...lol
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#11
06-30-2009, 07:36 AM
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Sub:
Well, let them waste their breath and try to argue with you, and please don't let them get to you, that's their goal, to alarm you!
__________________
CLICK HERE To join my Social group, The Payday-Loan-Free Advocates! Online Complaints Ohio Attorney General Online complaints: Federal Trade Commission. Ohio Payday Loan Laws CLICK HERE to find a Creditor
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#12
07-22-2009, 07:01 AM
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Junior Member
Join Date: May 2009
Posts: 28
Credits: 482
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Sub:
Ok, so I think things are coming together. I am still getting calls from United Cash Loans and Ameriloan and Loan SHop Online. Loan SHop Online is the only one who hasnt received any payments yet, as I am trying to get up to speed so I can pay them something, even though they say I owe them $560 on a $200 loan and HAVE to pay them via ACH or Money Gram... I have tried explaining to them I am only paying the principal amount, but they never seem to want ot do anything but argue and cuss...
Sooo... my next question is, is there a form letter to use to send to these companies stating that the principal amount is the amount owed and not all the crazy fees, etc.? Thanks for any help in advance eveyone! Im feeling better about this and have gotten a lot of them taken care of (some of them even were nice about it!)
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