Internet's first get-out-of-debt community - 134,000 members

LPhillips · Posted: Thu Aug 16, 2007 7:48 am Subject: I cannot pay my bills due to pdls

I am in serious need of help I can not pay my bill due to the 7 payday loans I have. I don't know what to do.Please reply as soon as possible.

Posted: Thu Aug 16, 2007 8:10 am Subject:

Can you post some more information for us?

What state are you in?

What companies have you borrowed from?

How much?

How much have you paid back so far in fees?

Are they internet loans or storefront?

Posted: Thu Aug 16, 2007 9:16 am Subject: payday loans

I have 3 storefront loans and 3 internet loans. I am in Arkansas. Mount Rushmore Loan Company for 500.00 and have paid 600.00 in fees. Dakota Loan Company for 500.00 and have paid 180.00 in fees. Advance til Payday 250.00 and have id 78.00 in fees. Then the internet loans are Eastside Lenders 300.00 paid one fee for 90.00, GFSIl 200.00 and paid probably 500.00 in fees so far and the other one is Cash Call 240.00 paid 360.00 in fees and paid 240.00 on it.

Posted: Thu Aug 16, 2007 9:42 am Subject: lap

lap, here are your state pdl laws so we can take a look. Very Happy

LPhillips · Posted: Fri Aug 17, 2007 8:22 am Subject: payday loans

Advance til Payday is a storefront and I have 250.00 with them with a fee of 38.89 every 2 weeks. I have paid that fee twice so far and have to pay it again today.

Mount Rushmore Loan Co. is a storefront that I received a loan for 500.00 and a fee of 89.00 each time so far I have paid it twice and will pay it again today.

Dakota Loan Company is a storefront and my loan is 500.00 and fee of 89.00 I have paid the fee at least 6 times and paying again today.

Eastside Lenders is an internet payday I have one for 300.00 with a fee 0f 90.00 and have paid it twice now.

GFSIL is an internet payday and my loan is for 200.00 and the fee is 35.00 and I have paid 700.00 in fees on this one and another 35.00 today.

What do I need to do?

Posted: Fri Aug 17, 2007 7:49 pm Subject: LP

LP, wait a minute! Let me understand this. Your state law for check cashers (store fronts) states no rollovers/extensions. When you say you are paying "fees", do you mean that you are going in there every two weeks, only paying the "fee", not the check in full and re-writing? This is a major question here. Because your state does not permit extensions by store fronts. Or are you going into the store fronts and paying the FULL amount and re-writing another check??? This is important. Also, your internet pdl's are not licensed/legal. They are illegal. They cannot charge you any rollover/extension fees. Any money you have paid them should go directly towards the principle amount of the loan. I would say close your account; however, you have store fronts and your law states criminal actin is prohibited UNLESS you close your account with checks out. So, there goes that idea. So, I need to know exactly what you are doing when you go to the store fronts. Paying ONLY a fee? Paying the check in full and re-writing? You need to stop the internet pdl's from debiting your account. They are illegal and charging you illegal fees.

Posted: Fri Aug 17, 2007 7:51 pm Subject: LP

Re-read your post again. You GSFIL is raping you. You've sooooooooooo overpaid them, it's not even funny. And they are sooooooooo illegal. Oh my God. Eastside isn't licensed either. But you've so overpaid the other one. You need to try to do something so they can't get any more money. But your store fronts concern me. Please post regarding that.

LPhillips · Posted: Mon Aug 20, 2007 7:29 pm Subject: payday loans

The storefront one I am paying the whole amount and re-writing a new check each time. Also how do I stop the internet payday loans

L Phillips · Posted: Mon Aug 20, 2007 7:33 pm Subject: payday loans

My storefront payday loans I pay in full and re-write a check each time. How do I stop the internet loans.

Posted: Mon Aug 20, 2007 7:34 pm Subject:

The only way you are going to be able to do that is by either changing your account number or putting a ACH block on your bank account. That's really the only way to do it as IPDL's don't take no for an answer.

Posted: Mon Aug 20, 2007 7:43 pm Subject: L

L, okay. Your store fronts are abiding by the law. You need to close your existing account. Read the "sticky" at the top of the site page regarding closing your account. Go to a new bank and open a new account. This will stop the internet pdl's from hitting your account any longer. Do not, I repeat, do not get another internet pdl. They will then have your new account information and you're in the same boat all over again. Don't even "cruise" thier sites. Your store fronts - when you get your new account, you're going to have to tell your store fronts that your bank account was closed. Tell them a story. Tell them the bank closed it due to fraudulent charges. Then tell them you can not pay your checks in full. That you do not have the money to PIF and re-write, because this is what they're going to ask you to do. They want to keep you sucked into the cycle of re-writing every week. Hell, tell them you lost your job. Whatever. But you need to contact them and tell them. They may tell you that they have to turn it in to the bank to get it returned before making payment arrangements. They may tell you okay you can just pay on it every two weeks until it's PIF. They may tell you they'll hold it for 30 days for you to PIF. Whatever. They all work differently. But you need to contact them, as they are legal. Just be firm. Tell them you can NOT pay in full. You can NOT re-write (god, they want you to do that). Tell them you MUST make payments on it. If you do work out a payment arrangement with them, make sure it's something you can afford! Do not agree to pay more than you can! You'll be in trouble all over again if you can't keep your payments up. Do this & let us know what's going on. If you have any more questions, just post. Very Happy

Posted: Mon Aug 20, 2007 8:00 pm Subject:

omg cannr!!!! please don't get mad at me!
but, that is so funny "don't even cruise their sites."
I know it's not, I'm in such sh!t load myself and you
know this stuff like crazy...I think I must be loosing my mind over all this and cracking a little..

Posted: Mon Aug 20, 2007 8:35 pm Subject: van

LOL!

You're making me crack up here! I'm serious though! Don't even "cruise" the sites! Very Happy

Stay far, far away! I swear, I'm so friggin paranoid that I won't even log on to one thinking they're going to "find" me! LOL! Laughing

Plus the fact that some people get "tempted" again to try for another quick fix for money. DON'T CRUISE THE SITES! Quit making me laugh, van! I'm trying to be serious here!