I've been reading some of the threads and I need help as well! I was on disability half of last year and took out a few payday/installment loans just to get by. I'm back to work now, but now i seem to be in this trap of taking another loan out just to cover the last one and i'm at the end of my rope. I live in California and i'm unsure if my lenders are licensed in California. All my loans were done online with the following lenders and i'm noting if it's a pdl or installment(i'm not sure if it matters).
Plain Green Loans - installment for $2200 & I've paid $2283.53
ChecknGo - installment for $2600 & I've paid $4264
Great Plains Ledning - installment for $1000 but i've paid $2514.16 on current and past loans
Advance Me Today - PDL open bal $1000 but i've paid $3658.86 on $2300 borrowed on multiple loans
247 Green Street - PDL open bal $1100 but i've paid $9463.31 on $8795 borrowed on multiple loans
My checking account has a negative balance, and i called checkngo to see if i could revoke my ach and they said that i could not revoke it based on the agreement i signed. I'm going to contact the rest of the lenders tomorrow to revoke my ACH. Is it better to email them or should i call them? I also called my credit union, and they said it's difficult for them to revoke ach's from their end because lenders can change their codes/names? and submit withdrawals. I'd hate to close my account, but i may have to. I had to move out of my apt because i can't afford my rent and am now crashing on a friends couch. More than half of my monthly income is now going to payoff these loans and i don't know what else to do. My next paycheck isn't until the May 25th and my whole paycheck will go to payday loans. How can i tell if these lenders are licensed in California? Any suggetions will be greatly appreciated.
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