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

Posted: Tue Sep 11, 2007 6:25 am Subject: how do i get out of this mess?

i don't know how to get out of this payday loan mess. i have tried to make payment arrangements with these people, but they all say i have to pay in full through western union. i had one company call my job yesterday and threaten my boss. they told him since he verified employment, that he became part of the contract, and that they would be serving me and him summons to appear in court today, in california. we live in maryland. can they do this? my boss has nothing to do with this loan.

Posted: Tue Sep 11, 2007 6:26 am Subject:

what company was this? how much have you paid on it?

karenrbk · Posted: Tue Sep 11, 2007 6:30 am Subject:

vip cash club

karenrbk · Posted: Tue Sep 11, 2007 6:31 am Subject:

i had so many loans coming out of my account, half of them i didn't even know i applied for, so the bank made my account deposit only. i contacted all companies trying to make payment arrangements, but they will not let me. so what else can i do?

Posted: Tue Sep 11, 2007 6:40 am Subject:

No they can not and they will not. The reason they do that is to black mail you into paying. GFSIL and its related companies are notorious for doing this crap so without you actually posting the company name I am guessing it is one of theirs. I would not pay this company another dime especially if it is GFSIL. Report the company that did this to you to the BBB, the Maryland AG, the California AG, both states office of finance, the FTC, the FCC and any other agency you can think of. It would also be helpful if you posted the amount you borrowed and the total amount you paid back so far. This will allow someone on the boards to determine if you paid what you owe according to your state law.

Posted: Tue Sep 11, 2007 6:42 am Subject:

No, they are just trying to scare you. They tried to tell me the same thing. But just because someone verified employment does not make them responsible for the debt! Follow Dollarsandsince's advice . . . . . PDL's are prohibited in MD, so filing those complaints could really help.

Posted: Tue Sep 11, 2007 6:43 am Subject:

Dang you guys are quick. If you could make a list and post it of each company, the amount you borrowed, the date you borrowed, the number of times the loan has gone through roll over and the total amount you paid to each. We need to compare this to your state laws regulating what they can legally collect.

karenrbk · Posted: Tue Sep 11, 2007 6:47 am Subject:

i guess my problem is that i do owe these people money, i just can't pay it all at once. i have loand through oneclick cash, payday loans, mte financial, vip cash club, and a few more that i can not think of right now. so once i find all of the info, all i need to do is contact everyone? or should i just let it be since pdls are prohibited in maryland? how do i get them to leave my boss alone?

karenrbk · Posted: Tue Sep 11, 2007 6:51 am Subject:

i apologize. i am new to this site and i just noticed i am using two different names. kareng_69 and karenrbk are the same person. sorry folks. i guess i need to get used to this site

Posted: Tue Sep 11, 2007 6:53 am Subject:

I posted this for you on another thread. did you post more than once?
First you need to send cease and desist letters to these people, asking them to contact you only via mail. Explain to your boss that these are illegal companies trying to take your money. They can not and will no be able to take him or you to court, These are idle threats made to scare you into paying .There is really nothing they can do except harass you.Your boss will have to understand this. He is not responsible for your debts.You need to read the thread above regarding closing your checking account and opening a new one, so the debits will stop.
Please gather all the requested info, so we can better help you.

Posted: Tue Sep 11, 2007 6:54 am Subject:

Hehe. It looks like Goudah has the state law part covered. File the complaints and make darn sure your bank account is locked up so they can not ACH it. I would recommend getting a new account at an unrelated bank and using it for any future transactions. Do not use it for any PDL’s or it will start the cycle again and you risk one of the old companies figuring out the account number.

Posted: Tue Sep 11, 2007 7:03 am Subject:

Once you file all your complaints, send cease and desist letters and send copies of the complaints to each company they tend to back off and either settle or give up all together. If PDL's are illegal in Maryland then you legally owe nothing. These companies have two options to get money from you. First, they can call and harass you into paying which is not legal. Second, they could try to sue but the suit would be in Maryland and they would lose since the loan was made illegally. If you feel a moral obligation to pay them I would pay the principal only on your terms after you pay all essential bills associated with food, transportation and shelter.

karenrbk · Posted: Tue Sep 11, 2007 7:04 am Subject:

thanx to everyone for the help and advice. i will send out letters to everyone this evening. i know there are about 8 or 9 of them. what a mess i got myself into! sorry for the diplicute posts, i got a little confused, and scared, thinking i was not posting correctly. i am so glad i found your site. i will follow all advice given, because i want this mess to go away.

Posted: Tue Sep 11, 2007 7:08 am Subject:

Karen, Its ok. The main thing is taht yiu did find us. You are not alone in this we are all here to help you. We have all been there and we do know how you feel. Keep asking what ever questions you may have. There will always be someone around to help you