Payday Loan Consolidation Companies

I bank with USAA and when I asked them to block the ACHs' they told me that they couldn't. Due to the exorbitant fees my accounts were overdrawn and before the bank would close the accounts I had to bring them to the positive. I could only do this with one of my accounts and had to let the other one go into collection. I ruined my banking relationship with USAA over these pdls and now I cannot get another bank account because USAA has reported me to Telecheck and ChexSystems. I have more than paid 3 of the pdls and I still have two outstanding for a total of $600 - one of which PDM is attempting to collect for. I had made arrangements with PDM to make a withdrawal from my one savings account and then couldn't fund the account with the payment amount and have now received 3 NSFs because they just keep trying to pull money for the promised payment. I cannot get a hold of them and I haven't been able to leave a message. What else can I do?

How do I find out what companies I had the PDL with ...I had PDL over a year ago but it was to much and I ended up closing out my chk account but now I want to figure out what compaines I used so I can pay them off?

Try looking at your bank statements.

I have discovered that two of my online payday loan lenders are not licensed in the state of washington. I don't know what to do next to get them off my back.

CLICK HERE to find out how to deal with illegal lenders.

Hi. I have two payday loans in Texas with two storefronts. One is named Check N Go for $1000 ($224 in fees every two weeks) and one with Ace Cash Express for $1000 ($200 in fees every two weeks). I have had the loans for about 1 1/2 months so I have paid approx $1100 in fees. I have never missed a repayment but I in a bind and don't know how I can ever get them paid off with this high interest. I have never had two loans at once but something came up at home and I had to take out two loans to cover the expense. Any suggestions on how to work out a repayment plan and get rid of the high interest?

Check N Go are CFSA members which allows an extended payment plan. This must be requested before you defualt, so I would call them ASAP! If you cannot afford this repayment plan I suggest you call their corporate offices and try to get something more reasonable. Be honest and expalin your situation. It is worth a shot

Ace Cash Express, however are not CFSA members, but may be able to offer you a payment arrangement. When I used their services, I was able to do a payment arrangement once every 12 months. So just call them and ask better yet pay them a visit.

Hello! REally need some help. I have 6 outstanding loans (4 online and 2 storefront). How can I find out which ones are illegal? I have nothing left each month after the fees are paid and I'm not sure if I should do a debt consolidation. Thank you in advance, I'm barely treading water.

You can start by lisitng the names of the companies and amounts borrowed.

I currently have three payday loans out that are driving me into the dirt. I pay the loans every two weeks then have to re-loan just to get by and pay the bills. This has been going on for almost a year and I need help. I have one loan with Rapid Cash $700 / Fee's are $95 / Another loan with The Cash store for $700 / Fee's are $95 and Third one is with Checkmate for $525.00 / Fee's are $77.85. So, here I am, I am and I feel like this is just a revolving door of distruction and I have heard that in the state of Washington the laws are different. If I need to close my account then I will, but do I call the loan companys and tell them Im closing the account and just send them monthly payments? Or do I just wait for them to start calling me and set up arrangments with them? Not sure how to go about this. HELP

I have 3 payday loans locally in my town. I owe about $1600 total and would like to know who or what I can do to get out of this mess.

Pay Day Loan yes is threatening to subpena me for passing bad checks across states lines, which she claims is a felony... when i asked what state they were located in, she wouldnt answer... is this realistic, or just a scare tactic, to get me to pay the balance and then take out another loan.... at the end of the call, she noted once the debt is paid i could take out another loan... i feel like they are trying to keep me in this damn trap!!!

They aren't even located in the U.S., and there was no check involved, so yeah, they are yanking your chain.

This is the email that I got from cashadvancenetwork yesterday:
Marilyn,

Your current balance is $550

We can settle for $400 the original amount of the loan.

Please advise if you are interestedin the settlement in as much as on 4/23/10 at 4:00 PM east coast time your account will go to an outside collection agency & to the credit bureau.

I hope we can work this out.

Thank you,

Sandy
Collection Recovery Dept.

Now I took two previous loan with them and I paid almost $400.00 in fees, I told them that I'm not going to settle with them until they refund the money that I overpaid on fees or for them to apply those fees for this current loan...Am I doing the right thing? Arey legally capable to send this account to the credit bureau? or is just a scare tactic? Please advice

Scare tactic, and even if they do report it all you would need to do is dispute it, they aren't licensed, case closed.

just wonder if anyone has this problem that a payday company gave me a call to tell me that they are going to serve me. I have been scam that way before. I try to work out payment araigment and they say no, they want my new account. I have another payday company take out of a account that they were never told that they could..what should i do