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Posted: Thu Jul 24, 2008 7:05 am Subject: PayDay Loan Help

I am in California, does anyone know if AmeriLoac and the LoanShop are able to offer loans in California? I am having an issue with ameriloan as far as their fees are concerned. They keep telling me they are sending me payment e-mails, but at the three addresses I have provided I have received nothing and they keep taking fees nothing towards my balance. Any ideas?

Posted: Thu Jul 24, 2008 9:53 am Subject:

Someone will be along shortly to post and interpret you State Laws and that should answer your questions. In the meantime could you list the amounts you borrowed on these loans, and how much you have paid back? I see that you are in California but could you also say if these are internet or storefront? This information will help in advising you.

Posted: Thu Jul 24, 2008 9:56 am Subject:

No, they are not licensed in CA to give loans.

In fact, ameriloan has been told to Cease & Desist giving loans to California Residents.

http://www.corp.ca.gov/ENF/pdf/2006/ameriloan.pdf

Posted: Thu Jul 24, 2008 10:10 am Subject:

Thanks Goudah. . .I knew that someone would be along to answer that question. I keep trying to make notes on this stuff for further reference but with all the different ins and outs, it's difficult. So I am assuming that those facts are something that should defintely be brought to ameriloan's attention? I know that I would be jumping on that ASAP. Is there some documentation regarding that C and D against Ameriloan posted somewhere? It might be helpful to have something in print for shellie.

Posted: Thu Jul 24, 2008 10:17 am Subject:

The link I posted above is the court document for the desist order from CA.

I'd send them a copy of that with the letter!

Posted: Thu Jul 24, 2008 10:43 am Subject: Thank You

Thank You So much!

I am totally lost now, I called them this morning to pay the debt in full but they will not allow me to and have charged me $180..0 in interest. How should I go about stopping the money from being taken and making them take my payment so I can be away from them?

Posted: Thu Jul 24, 2008 11:01 am Subject:

First, I'd file a complaint against them with the CA Division of Corp.

Second, as as important as the first, you need to close and protect your bank account. Read the thread below:

http://www.debtconsolidationcare.com/paydayloan/close-account.html

Posted: Thu Jul 24, 2008 11:07 am Subject:

Where do I get the letter that un-authorizes ACH transactions? I would like to send them one with the C&D (does anyone know of a template I can use) the copy of the State's C&D and a check paying the loan in full.

Posted: Thu Jul 24, 2008 1:13 pm Subject:

ameriloan I have paid $180.00 and borrowed $300.00 and the LoanShop I have paid $120.00 and borrowed $200.00. These are both internet PDL

skis86150 · Posted: Fri Jul 25, 2008 12:09 pm Subject: LoanShop

I have a loan with LoanShop/Zurich and after visiting these forums and following the advice given I emailed them and they were the only one to give me an address to send the money to pay off the principal only. The other 6 well that is a different story. One of the worst is UnitedCashLoans, they just don't get it, even though my bank has repeatedly not honored the ACH debit requests, they still keep trying on a daily basis. But no NFS charges for them, thank God.

I also had problems in dealing with my bank but I was able to get a freeze on the account after I told the Branch manager what action I would take against the bank, also telling him that I really did not want to take such action and he was very quick to help me. This was with WAMU. As stated in other posts you just have to find the right person to talk to. It took me 2 to 3 weeks to find the right person.

Posted: Fri Jul 25, 2008 1:09 pm Subject:

Skis I had the same problem with WAMU they said it is impossible to close the account because it was overdrawn and they could not "Freeze" it. Imagine that, we are battling these payday monsters and you go to a bank thinking it would be a breeze to talk to somebody that speaks english face to face and its an issue as well.

Posted: Fri Jul 25, 2008 1:59 pm Subject:

Thanks for the information. Do you still have the address for The LoanShop? I cannot seem to find anything on them.

Kirston7 · Posted: Tue Jul 29, 2008 8:02 am Subject: help

I am currently having a problem with a company called Phoenix debt management or NRS. I paid a total of 440.00 in june to pay off a loan. Then they debited a total of 500.00 from my bank account (WAMU). I am now trying to dispute the transactions with the bank. I don't have any contact information for these people. I don't know what to do next. Can anyone help

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