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Posted: Sat Aug 02, 2008 6:30 am Subject: Payday Loans bleeding me dry!

Can you direct me in where I can get a listing of the State laws for payday loans in South Carolina. I know that we are one of the most liberal states with this matter, but I would still think there are some restrictions. Also, what about the following ipdl companies: PayDayMax, SignMyLoan.net and zip19.com.

Posted: Sat Aug 02, 2008 6:55 am Subject:

Welcome to the forum! If you hang on, I'm sure that someone will be along soon who can help you with your payday laws and also give you advice on the specific companies you asked about. In the meantime, it would be helpful if you would list the following additional information: amount of the original loan with each company and amount paid so far.

Posted: Sat Aug 02, 2008 8:16 am Subject:

I'm going to post your laws for you, but, we will need more info in order to plan a course of action for you. If you will list the following info, someone will do their best to help you. Also, I am moving this topic to the payday loan section so it will receive more attention. Smile

Posted: Sat Aug 02, 2008 8:17 am Subject:

There is a sticky available that shows the rules for each of the states. I think it's preliminary but it might help you get started. I've got a PDL with zip19.com too and I'm starting this process. Here is the infromation that I have that I've received from this group! This is a great bunch...you'll get alot of good information to help you through each step!

Email:
customercare(at)zip19.com
js(at)blizzardi.com

Mailing Address:
Zip19. com
Level 8 Suite 3, Plaza Commercial Centre, Biazza Street
Sliema, Malta
SLM15

Good luck!

Posted: Sat Aug 02, 2008 8:18 am Subject:

Whoops sorry, I forgot to post the info we need. lol

-Names of each pdl company.
-Whether they are store front or Internet.
-How much you borrowed.
-How much you paid so far.
-The state in which you reside.
I'm sorry to tell you this, but there is only one sure way to stop the withdrawals, and that is to close your account. If that isn't an option, then tell the bank [speak directly to the Branch Manager] to put a hard debit block on your account. Before you close your account, read this information at the link below. http://www.debtconsolidationcare.com/paydayloan/close-account.html

Please do not let any of these pdl's know you are going to close your account, until AFTER you have done it!

Posted: Sat Aug 02, 2008 8:27 am Subject:

I believe zip19 is the same as northway-financial and based out of Malta, making them illegal/unlicensed. If I am wrong, someone please correct me on this. I'm pretty sure that PayDayMax is unlicensed/illegal also. I'm not at all certain about SignMyLoan, I couldn't seem to locate any info on them, if anyone else is familiar with SignMyLoan, please come to our rescue! Smile

What this means is, all you are morally obligated to pay these unlicensed lenders back is the principal amount. I just want to make sure that these a payday loans, and not installment type loans, please verify that for me. Very Happy

Posted: Sat Aug 02, 2008 9:19 am Subject:

Shazz. . you are right. zip19 is affiliated with Nortway and is out of Malta. PayDayMax is strong armed by Credit Protection Depot, which at the moment, seems to be rather illusive. It would appear that the address I used in the spring is now a one way street. . . they will get emails out to clients, but you can't get info back in. Suggestion. . .use the phone number or fax number listed. . . .1-866-645=1661 or 1-899-645-1662 (fax). Direct faxes to Mr. William Reed. Hope this helps. Don't know much about Sign My Loan other than when I considered them earlier this year, there was way to much info they wanted and way too much paperwork. Little did I know then that they gave me a "gift" by making things difficult for me. Hope some of this info can be used positively.

Sheila16 · Posted: Sun Aug 03, 2008 6:27 am Subject: signmyloan

NLS

P.O. Box 5813

Wilmington, DE 19808
this is addy i was given to mail a payment in if this helps at all for sign my loan

Dorett · Posted: Mon Aug 04, 2008 9:19 am Subject: Payday Loans

The loans are with the following internet companies:
PayDayMax $500.00. This was paid off, but due to the cycle, I reissued. The final cost was $1378.00 due to the extensions when it was finally paid off. Zip19.com. They too are with Northway. I tried to contact them about repayment, but they informed me that their lender stipulates full payment with a interest fee of $19.98 per $100.00. Thanks to you, I know the max in South Carolina is $15.00! Paydayless.com the initial loan was $300.00 with $75.00 interest fee. Signmyloan.net is $300.00. The interest fee is $98.50 each payperiod. I have 212.98 left due to the rollover.
Store Fronts
Carolina Payday $600 with $90.00 interest
Quick Cash $300 with $45.00 interest
Fast Cash $300.00 with $45.00 interest

I would like to be able to stop the internet since reading your posting on the laws in SC and the amount is to be only the loan taken for repayment with only $15.00 per $100.00. Not $19.98 or $45.00.

Posted: Tue Aug 05, 2008 9:40 am Subject:

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