Need advice concerning defaulted payday loans in texas

So these are the only actual payday loans out of the 6 that I have. Looks like the others are CSO's.
The Little Loan Shoppe borrowed 300.00 Pd 360.00
I emailed them about arrangements and they emailed me back and stated I owe them 505.00 and can make monthly payments by money order.
NetCash USA borrowed 400.00 Pd 360.00
Someone from ZipCash responded to email sent to NetCash about arrangements and stated I owe them 520.00 and can make monthly payments by money order.
That means that I have four loans that can do pretty much anything they want about the amount that I owe.
Correct? At this point I am not sure what to do.Any
suggestions.

November 26, 2007







CERTIFICATE OF ACCOUNT STATUS





This is in response to your inquiry about the status of


I found this on one of the state websites,does anyone know what it means.

THE CASH STORE LLC

This corporation is not in good standing as it has not satisfied all state tax requirements.

I found this info on BBB website about NetCashUSA.
They rated them F
We strongly question the company’s reliability for reasons such as that they have failed to respond to complaints, their advertising is grossly misleading, they are not in compliance with the law’s licensing or registration requirements, their complaints contain especially serious allegations, or the company’s industry is known for its fraudulent business practices.

Not many payday loan companies have good ratings with the BBB . . . .

They are all going to be rated badly because of so many complaints.

What state website did you find the above on? It may be a good thing, or it may not have anything to do with the situation.

The Cash Store is a licensed and legal CSO in Texas. Their registration is active.

Name: Cottonwood Financial Texas LP d/b/a The Cash Store # 76

Address: 1901 Gateway Drive, Suite 200, Irving, TX 75038
1901 Gateway Drive, Suite 200
Irving, TX 75038
File Number: 20050024
Status: Renewal
Expires: 6/28/2008

Since I have pd back interest on these two loans should I write them and try to only pay amt I borrowed.
The Little Loan Shoppe borrowed 300.00 Pd 360.00
I emailed them about arrangements and they emailed me back and stated I owe them 505.00 and can make monthly payments by money order.

NetCash USA borrowed 400.00 Pd 360.00
Someone from ZipCash responded to my email about arrangements and stated I owe them 520.00 and can make monthly payments by money order.
Is there any chance The Cash Store will allow me to make payments? I have pd them over 900.00 in interest on the 1500.00 loan I have with them. I had previous loan with them that I paid in full. It has been almost two weeks since I stopped paying and I haven't heard from any of the store fronts.
I appreciate your advice.

i also have 3 payday loans in tesas, they are all storefront, one for 700 the payback being 842 is with advance america cash advance i have already renewed it paying the interest totaling 842. payoff is presently 842. one is with ace express for 700 the payback being 845. it is new i had a previous one for 400 paid 270. then paid it off last week in the total of 485. had bills past due re-borrowed 700. the final one is with check n go it is for 505. the interest being 101 every 2 weeks. i have paid in 404 and still owe 485. work is very slow i am close to eviction, i am afraid to contact the loan companies. i cannot pay them this week on friday. i feel like i need to close my account to protect the direct deposit this week. i need it to pay rent. if i close my account will a warrant be issued for my arrest? please help

With the laws in Texas it is possible to face bad check charges . . . . But unlikely, as long as you contact the places and explain the situation.

Most of the places you borrowed from are CFSA members. This means that if you go in at least 1 day before your loan is due, they must offer you an extended payment plan.

so is my best bet still to close my account and open a new one, thus not risking the checks being run while i try to work out paymnet arrangements

A roof over your head is more important then paying on some loans. Do what you have to do. Just be sure to keep up communication with the lenders.

Texas will not enforce an NSF check to a payday loan company. Researched that for a friend a while back.

i have been fortunate, the payday lenders are all offering to allow me to pay them out in smaller payments. the interest will not continie to acrue. thanks for all of your help and support!!!

Do payday lenders that are label themselves as CSO's have to follow the same rules as collection agencies? I have sent them numerous letters to not call me at work and it hasn't stopped. I have also told them over the phone not to call me at work but that hasn't helped either. Any ideas?

I am employed by the little loan shoppe (shark).com I tire of the way they glutonously debit money and leave the consumer uneducated on the proccesses as their guidelines change weekly. The parties owing the debt do NOT get the memo as the rules and disclosures change. They only find out after they have been tirelessly debited and charged beyond belief. Their legal jusrisdiction is out of UT, whereas they do all originationns in Washington state, with the majority of the most well-fed attorneys being housed in Nevada. They are clever, but also pucker at the thought of legal action. I have seen first hand, any breath of "class action" is enough to make their portly owner sweat profusely. I am not a disgruntled employee, but yet one who is interested in educating the consumer myself. Any interested parties can inquire.

LOVE the post!