| Author |
Message |
|
|
 Posted: Wed Mar 26, 2008 9:45 pm
|
|
|
I am in over my head with payday loans. I am not behind on any of them but will be on my next pay date. I have stopped direct deposit of my paycheck so I can at least pay my rent. I live in AZ and not sure where to turn at this point. I need help! PLEASE!
|
|
lionstigerswingsomy
Joined: 26 Mar 2008
Posts: 5
Debtcc Points: 176
|
|
|
 |
|
Posted: Thu Mar 27, 2008 12:13 am
|
|
|
Please tell us what state you are in.
The name of each payday company with the amount borrowed and the amount you have pay them so far.Someone will be along to help you
|
|
mommontoya
Joined: 21 Jun 2006
Posts: 461
Debtcc Points: 4190
|
|
|
|
Posted: Thu Mar 27, 2008 9:03 am
|
|
|
I will compile that information and post it. I am so embarassed and feel so stupid, I haven't wanted to compile the information as it is going to be so ugly.
|
|
lionstigerswingsomy
Joined: 26 Mar 2008
Posts: 5
Debtcc Points: 176
|
|
|
|
Posted: Thu Mar 27, 2008 9:06 am
|
|
|
Please do not be ashamed. We have all been where you are now. We do not judge, just offer help. Get all your facts and figures together , and then we can begin to help you.
|
|
kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5466
Debtcc Points: 38903
|
|
|
|
Posted: Thu Mar 27, 2008 9:07 am
|
|
|
| Code: | Arizona State Information
Legal Status: Legal
Citation:
Ariz. Rev. Stat. ยง 6-1251 et seq.
Loan Terms:
Maximum Loan Amount: $500
Loan Term: Min: 5 days
Maximum Finance Rate and Fees: 15% of check
Finance Charge for 14-day $100 loan: $17.65
APR for 14-day $100 loan: 459%
Debt Limits:
Maximum Number of Outstanding Loans at One Time: One
Rollovers Permitted: Three (extensions)
Cooling-off Period:
Repayment Plan:
Collection Limits:
Collection Fees: $25 NSF fee + actual charges assessed by the financial institution
Criminal Action: Prohibited
Where to Complain, Get Information:
Regulator: Arizona Department of Financial Institutions
Address: Financial Enterprises Division, 2910 N. 44th Street, Suite 310 Phoenix AZ 85018
Phone: (800) 544-0708
Fax: (602) 381-1225
Regulatory Contact: Robert Charlton,, Assistant Superintendent of Banks
Regulator Website
Licensee Database
Complaint Instructions
Complaint Form Link
Online Resources:
Formulario De Queja |
|
|
kashzan
Debt Samaritan
Joined: 11 Jul 2007
Posts: 5466
Debtcc Points: 38903
|
|
|
|
Posted: Thu Mar 27, 2008 9:08 am
|
|
|
Lions, don't feel embarassed or stupid, we have all gone thru this and are still going thru this. You will get lots of help and advise in this forum. I had 13 PDL'S myself and thanks to the help I got here I am down to 6. Post the information and we will help you, that's what we are here for.
|
|
KATELYN2COOL
Joined: 18 Jul 2007
Posts: 168
Debtcc Points: 2877
|
|
|
|
Posted: Thu Mar 27, 2008 9:26 am
|
|
|
I have 17....crazy huh....it will be okay..there are alot of experts and a lot of support here to get you through...
Stay strong.........please...you can do it....
|
|
purplegirl69
Joined: 26 Feb 2008
Posts: 250
Debtcc Points: 3469
|
|
|
|
Posted: Thu Mar 27, 2008 9:52 am
|
|
|
I have to admit that I was embarrased when I started posting in this forum, but I will be honest with you I was so relieved after reading everyones posts and getting help from everyone here. I knew that I was'nt alone and we all make mistakes and I have learned lots from this PDL mistake I made. The good thing is that my husband never found out LOL!
|
|
KATELYN2COOL
Joined: 18 Jul 2007
Posts: 168
Debtcc Points: 2877
|
|
|
|
Posted: Thu Mar 27, 2008 9:56 am
|
|
|
What is making me sick is that there are so MANY of us. I mean I feel like we should send a link to this thread to the Attorney Generals office in each state that allows them.
|
|
egyptcrossarabs
Joined: 18 Jan 2008
Posts: 254
Debtcc Points: 4669
|
|
|
|
Posted: Thu Mar 27, 2008 4:13 pm
|
|
|
egypt. . .I have done just that. I have also been sending my AG press releases on how widespread and disgugting this practice is. Not sure if it will "sink in", but I am trying.
|
|
llw1995
Joined: 02 Feb 2008
Posts: 863
Debtcc Points: 10247
|
|
|
|
Posted: Thu Mar 27, 2008 5:08 pm
|
|
|
Excuse me I keep getting logged out but this is me Egypt...llw...I actually meant to this site, not just this thread. Good for you! I mean I can hear all those folks how have not had a nose bleed from these practices saying..."Oh no!" but once they have been scalped, they will know it is for their own good?
_________________
Register today to encash debtcc points.
|
|
Guest
Debtcc Points: 100
|
|
|
|
Posted: Thu Mar 27, 2008 5:37 pm
|
|
|
egypt. . . I knew what you meant. I have given them the website address in the hopes that they can see first hand just how much of this nonsense is going on in this country. With the ecomony the way is it, I would think the government would want to keep as much money as it can from the hard workers across the US. Education is the key and I think the people who come on this site are doing just that. I really do think, in my heart of hearts, that this house of cards will be a tumbling down on all of them sooner than they think. One day at a time. . .one PDL at a time.
|
|
llw1995
Joined: 02 Feb 2008
Posts: 863
Debtcc Points: 10247
|
|
|
|
Posted: Thu Mar 27, 2008 7:48 pm
|
|
|
Ok folks, this is it and it isn't pretty, I feel so incredibly dumb.
CashnetUSA - $500 - $61.77 minimum due 04/04/08
MagnumCashAdvance- $525.00 - $207.07 due 04/03/08
Paydayone - $500 - $572.80 due 04/04/08
Mycashnow - $630.00 - $218.69 due 04/03/08
AAAPaydayCash - $300.00 $293.75 due 04/17/08
Nationalcashadvance - Unsure what the dollar amount is
Arrowhead Inv - Unsure on this but they take $90 every paycheck - $90 coming out 04/03/08
And two store fronts:
Buckeye Check Smart - $500.00 - $87.50 due on 04/04/08
Southwest Check Cashing - $500 - $87.50 due on 04/04/08
Wow, it looks even worse when it is in writing. No wonder I don't sleep anymore.
Thank you for listening. Any insight or help will be greatly appreciated. I live in Arizona and I believe the two store front ones are owned by the same company. I am not 100% sure on that, but think so.
_________________
Register today to encash debtcc points.
|
|
PJ
Guest
Debtcc Points: 100
|
|
|
|
Posted: Thu Mar 27, 2008 7:50 pm
|
|
|
For some reason my last post came under a guest login. That is the info you all asked me for earlier today. Thanks again
|
|
lionstigerswingsomy
Joined: 26 Mar 2008
Posts: 5
Debtcc Points: 176
|
|
|
|
Posted: Thu Mar 27, 2008 9:50 pm
|
|
|
I am about in the same boat as you...some of mine are not as high, but I have a few more. You might want to tell how much you have already paid on the internet ones because I think several are not legal to even lend anywhere. If you have paid a bunch in fees you may not owe them anything...those wiser than me are gonna want to know? Or am I making a mistake and the amounts to the right of what you borrowed ae what you have already paid in fees and not what you owe the next debit?
I know bareing all is difficult...reminds me of a dream I always had as a kid about riding through the neighborhood in a little red wagon full of water with nothing on? Well, I did have a wash rag?
|
|
egyptcrossarabs
Joined: 18 Jan 2008
Posts: 254
Debtcc Points: 4669
|
|
|
|
