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Guest · Posted: Wed Aug 08, 2007 1:47 pm Subject: Please be careful of paydayonline.com

I came here a few months ago regarding getting out of my payday hell. I got lots of great advice and have managed to get control of the situation for the most part. I am still trying to work out a few accounts but out of 11, 5 marked their accounts paid in full! Very Happy

I want to warn all of you about paydayonline.com They actually filed bad check charges on me. My only saving grace in not going to jail for this matter was that the process server who was to deliver the charges to my local police department called as a courtesy because I had a complaint filed with my local banking commisioner against this company. Please don't think these companies will go away. I have already paid this company over 10 payments of $200 each (on a $600 loan) and now I have to pay $830 dollars in one lump sum in order not to go to jail. I know that this wasn't a scam to get me to pay b/c I contacted the banking commisioner again today and they verified the information that I was about to be arrested at work tomorrow morning. I had no recourse. Yes I could have gone to jail and then to court and then fought (and probably won) this matter but I am a single mother of 3 and what was worse, paying the $840 or paying the bail, court fees, losing my job, etc? This company is SERIOUS. PLEASE PLEASE PLEASE be careful. I sent this company over 5 certified letters and never once did they respond to me. My banking commissioner couldn't even get them to respond. I am totally screwed this month. I won't be able to pay my utilities or rent pick one.

Posted: Wed Aug 08, 2007 1:55 pm Subject:

That sucks. But it does go to show that you should tread carefully when dealing with these companies.

Question - Did you actually write them a check or was this over an ACH payment? What state are you in?

Posted: Wed Aug 08, 2007 1:57 pm Subject:

I am curious as to the State that you live in. If you did not write a check and agreed to ACH withdrawals which can be legally revoked how can you be charged with bad check charges. I also never heard of a server calling you. That is not part of their job. Are you sure that was a real process server? Or just a scare tactic.

Posted: Wed Aug 08, 2007 2:05 pm Subject:

This sounds fishy to me, too. Most states don't allow criminal action against someone with a pdl. Also, I didn't think servers gave courtesy calls. Also, would the banking commissioner know if your were going to be arrested? Please, please check this out very carefully before you give them anymore money. I would think they would have to file charges in your magistrate's court office to have you arrested for bad checks. Also, I think they would have to place a bench warrant on you, too. It seems ludicrous that you have to pay another $830 AFTER you have already paid them $2000 on a $600 loan. This has to be a scam from them. They are low lifes and will stop at nothing to get your money.

Posted: Wed Aug 08, 2007 2:08 pm Subject:

paydayonline is also 500fastcash aka Rio Resources. Located in Miami Ok. They are well known for using underhanded tactics for collecting. They are not licensed to lend in any State. Please call the court and see if there was ever a summons. I will bet there wasn't. File a complaint with the Attorney General in your State against them for posing as a process server if that is the case. If you did get served do you think they would show their unlicensed butts in court without a paper check to prove their case?

Posted: Wed Aug 08, 2007 2:09 pm Subject:

I am sort of new at all of this, but i do agree with Frog and Eleroo. It really does sound very fishy and very much like a scare tactic. Please be very sure before you give them one more cent. Process servers do not call, they just serve

Posted: Wed Aug 08, 2007 2:22 pm Subject:

Hi, i have 4 payday loans, all of which are in the state of ohio, where they hold an actual check. I am a nurse, and i became ill and had to miss work, therefore, causing me to rely on payday loans. I am now in debt, i joined a fraudulent company posing that they would credit counsel me, consolidate all of my credit report and payday loans into one payment. It has been a month, i am being harrassed at my home, my cell number is being call constantly, and they are also calling my work. I am terrified. I wondered if you had any luck.
Ohiosnowbunny67

Posted: Wed Aug 08, 2007 2:23 pm Subject:

Yes, I would check on this...it sounds very fishy. It reminds me of AS & Associates who claimed that I had to pay like $770 on a $350 loan, when I had already paid them $350 in refinance...he wanted to do me a "favor" by giving me a heads up before he filed papers with the county office...scumbags

Posted: Wed Aug 08, 2007 2:29 pm Subject:

500fastcash...say no more. They are very sneaky and underhanded.

Posted: Wed Aug 08, 2007 2:31 pm Subject:

Ohiobunny...

I am sorry to hear your situation. You may have to play hard ball with these characters. Maybe even obtain counsel. How much do you actually owe them?

Posted: Wed Aug 08, 2007 2:34 pm Subject:

Ohiosnowbunnie...are you saying you went with a consolidation company and they haven't done anything yet?? I am assuming these are store front loans you had which are legal. 1.Did you check out the company with the BBB to see if they were legit? 2. Have you contacted them and told them you are still getting harrassing calls, etc. I do know it does take at least a month to get the ball rolling when you do a consolidation or management plan. If you could give us a little more info we might be able to give you some more insight on what to do next.

Posted: Wed Aug 08, 2007 2:36 pm Subject:

I think this may be a scam. How would the process server know you filed a complaint? And why would he bother calling you? He wouldn't, I'm sorry. Have you called your police dept to see if a warrent really has been issued? That should be your first step.

I don't think they can charge you with a bad check, since this wasn't a check. This was an ACH transaction. It is completly different.

Please call and verify with your police dept before you send this company any money.

Posted: Wed Aug 08, 2007 2:56 pm Subject: Payday loan monitors

Listen guys, Iam not saying the email by the guest is fake but I know for a fact that these payday loan companies know about this website and they may be putting information up here. I did a success story and got an email about it from the payday loan company that gave me a PIF. So be careful.

Posted: Wed Aug 08, 2007 2:58 pm Subject:

What did the payday loan company write to you, sfate??

Posted: Wed Aug 08, 2007 3:05 pm Subject:

yes, many payday loan companies check out this site regularly. Some have even posted before . . . . That's why it's never a good idea to post personal information.

Posted: Wed Aug 08, 2007 3:17 pm Subject:

I agree with all of the above. I'm not disputing what the OP posted, but I would ask those of you who have been here for a while to recall past posts by "desperate consumers" who claimed unlicensed payday lenders had gotten them arrested, etc. In the end, we found out the post was from a payday lender employee.

Not trying to cast dispersions on the OP here...just saying this doesn't ring true to me...as others mentioned, 500fastcash is as shady as they get.

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