| Author |
Message |
|
|
 Posted: Tue Jan 15, 2008 4:45 pm Subject: Maryland resident pdl from AIG
|
|
|
I could not longer afford to pay AIG $89 per day. Bank of America has charged me so many NSF fees from AIG that my account is now $590 overdrawn and I do not have the money to repay BOA. My original loan amount w/ AIG was $200 and of course the extension fee of $89.00 per PD. Do I still have to repay AIG? I have paid them back more than $1400. Can someone please help me out w/ this one? Thanks a million.
_________________
Register today to encash debtcc points.
|
|
Torri
Guest
Debtcc Points: 100
|
|
|
 |
|
Posted: Wed Jan 16, 2008 7:44 am Subject: I meant to write AIP (Not AIG)
|
|
|
Please help. Thanks.
_________________
Register today to encash debtcc points.
|
|
MD RESIDENT PDL FROM AIP
Guest
Debtcc Points: 100
|
|
|
|
Posted: Wed Jan 16, 2008 8:24 am Subject:
|
|
|
Have you tried looking in the search engine above, I have never personally heard of this company, but you paying 1400 dollars, IMO you should be asking for a refund, but someone should be along shortly to help u, just hold on
|
|
jaydanielle1
Joined: 24 Oct 2007
Posts: 553
Debtcc Points: 5761
|
|
|
|
Posted: Wed Jan 16, 2008 8:35 am Subject:
|
|
|
| Quote: | Maryland State Information
Legal Status: Prohibited
Citation:
Consumer loan act applies. Md. Code Ann. Com. Law II § 12-301 et seq.
Small Loan Rate Cap
2.75% per month; 33% per year.
Where to Complain, Get Information:
Regulator: Maryland Commissioner of Financial Regulation
Address: 500 North Calvert Street Suite 402 Baltimore MD 21202
Phone: (410) 230-6100
Fax: (410) 333-3866
Regulatory Contact: Michael Jackson Director, Regulatory Policy
Regulator’s Website
http://www.dllr.state.md.us/finance/ |
|
|
jaydanielle1
Joined: 24 Oct 2007
Posts: 553
Debtcc Points: 5761
|
|
|
|
Posted: Wed Jan 16, 2008 8:37 am Subject:
|
|
|
i did some research it seems that this company is legally licensed to loan, so you may want to talk to them about a payment plan, did you continue to renew or something?
|
|
jaydanielle1
Joined: 24 Oct 2007
Posts: 553
Debtcc Points: 5761
|
|
|
|
Posted: Wed Jan 16, 2008 8:46 am Subject:
|
|
|
How can a company be legally licensed to loan in a state that the loans are prohibited?
_________________
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.
|
|
goudah2424
Moderator
Joined: 31 Oct 2006
Posts: 8007
Debtcc Points: 111523
|
|
|
|
Posted: Wed Jan 16, 2008 8:55 am Subject:
|
|
|
You're right Goudah, I was just sitting here thinking, thanks for catching me on that one!
How is that possible? This person must have went into another state, thats the only thing I keep coming up with, but I looked online at the license website and they are licensed and I was looking at MD, im very confused right now
What do you think Goudah??
|
|
jaydanielle1
Joined: 24 Oct 2007
Posts: 553
Debtcc Points: 5761
|
|
|
|
Posted: Wed Jan 16, 2008 9:01 am Subject:
|
|
|
AIG is also an insurance company...
We need to find out what the name of this PDL really is as the poster has noted AIG and AIP.
As we have all seen here, just because they arent licensed or PDL's are prohibited in their state, will not stop the legit PDL's from issuing the loan.
|
|
volleyballmom
Debt Samaritan
Joined: 27 Aug 2007
Posts: 4178
Debtcc Points: 24895
|
|
|
|
Posted: Wed Jan 16, 2008 9:05 am Subject:
|
|
|
Good point mom
|
|
jaydanielle1
Joined: 24 Oct 2007
Posts: 553
Debtcc Points: 5761
|
|
|
|
Posted: Wed Jan 16, 2008 9:13 am Subject:
|
|
|
..and I meant non-legit PDL's sorry. 
Lets hope the poster comes back with more info..never heard of a PDl charging $89 a DAY!
|
|
volleyballmom
Debt Samaritan
Joined: 27 Aug 2007
Posts: 4178
Debtcc Points: 24895
|
|
|
|
Posted: Wed Jan 16, 2008 9:44 am Subject:
|
|
|
It's AIP I bet. AIP is a payday loan company.
_________________
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.
|
|
goudah2424
Moderator
Joined: 31 Oct 2006
Posts: 8007
Debtcc Points: 111523
|
|
|
|
Posted: Wed Jan 16, 2008 10:26 am Subject:
|
|
|
lets hope they come back then to clarify
|
|
jaydanielle1
Joined: 24 Oct 2007
Posts: 553
Debtcc Points: 5761
|
|
|
|
Posted: Wed Jan 16, 2008 10:32 am Subject:
|
|
|
Thanks for everyone's help. AIP is the company I received the loan from. I filed a complaint w/ the bbb this morning. I went back and check my bank account and w/ the NSF's fees, the grand total is almost $3000 and my account is still 590 overdrawn. I no longer make deposits into this account. I did let the BBB know that AIP owe me some damn money. Thank you everyone for your help. I should have to pay Bank of America back.
_________________
Register today to encash debtcc points.
|
|
Torri
Guest
Debtcc Points: 100
|
|
|
|
Posted: Wed Jan 16, 2008 10:34 am Subject:
|
|
|
If you send them a letter revoking ach transactions, and show it to the bank then that will help so they wont get anymore!
And thanks for coming back, I was wondering :0
|
|
jaydanielle1
Joined: 24 Oct 2007
Posts: 553
Debtcc Points: 5761
|
|
|
|
Posted: Wed Jan 16, 2008 12:04 pm Subject:
|
|
|
If you're in Maryland and are having payday loan problems, please call the number given for the MD Commissioner of Financial Regulation; I've been working with them and they've been extremely helpful! And I'd ask, have you talked to your bank about what's going on? A bank as large as Bank of America, I'd imagine they'd have had customers w/ payday loan problems before.
_________________
Register today to encash debtcc points.
|
|
Pachacutec
Guest
Debtcc Points: 100
|
|
|
|
