Hello
I currently have about 4 payday loans. I have been unable to make a dent in the loans because of the high interest fees so I closed my bank account to attempt to consolidate the debt. There is one company in particular that has been a problem Big-Int. I have emailed this company asking them to not to call me at my place of business and they have ignored this request in fact they are calling, refusing to leave voice mails and being confrontational with other coworkers who say I am unavailable. I also sent them an email inquiring about the fees since checking out this and other sites I have realized that these companies are not licensed in the state of California since “rollovers” are illegal. I borrowed $200 and I have paid back $195 according to what I have read I should only owe about $40 more dollars. I am filing a claim with AG but I was wondering if there is any advice on how to handle the phone calls and letting them know they are breaking the law?

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I think these are the same ruthless thugs as route 66 funding and others. Do not pay them a dime and ignore there threats. They are without a doubt operating illegally and threatening is their only alternative.They can't do anything that they say so do not be intimidated. Report them to your attorney general, the attorney general where they operate (probably Reno NV) and the FTC. Closing your account was the best thing to do. You are off to a good start. Good Luck

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My friend had a loan with them and after she closed her checking account they called every 10 minutes for a couple weeks but then they finally gave up and she hasn't heard anything else from them. I would try to ignore their calls if you can because they aren't going to listen to reasoning anyway.

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How true Sassnlucy

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If they are associated with Route66, no they are not going to listen. Route66 called me for a long time, but have not had a call from them in quite a while and it is so nice! Do not be afraid of these people. Take some time and read about your state law and also read where people like these threaten and call, etc and see what the rest of us have done with them. They are nothing to be scared of. I know, looking back now, I did enjoy telling those people from Route66 off and throwing things at them before they had a chance to throw them at me.

Hang tough though. It will work out for ya.

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Wait.. Paulaw is saying he still owes them money I dont care how little of how much he has not paid the Principle or legal Intrest..
he needs to pay that money. Where does anybody get off paying WHAT THEY WANT I agree not to pay over... BUT that is not what he is saying... People here are quick to say ignore and they will go away.. that is as wrong as they are you then go down to their level. Pay what you borrow and intrest that is allowed in your state then you have a leg to stand on. As far as being illegal in your state then again pay what you took and intrest then stop and take a stand..
I think that this board is to busy trying to get away from the real issue of paying the debit and getting out of debit this thread is Advocating a rip off.I know many are angry at RT 66 but... oh well pay then what you owe and take a stand.
And 2nd Husband says they dont listen. You can get the address from this board and send a money order or get the Pre Paid Visa card and give them tha number what ever at least you have fulfilled your legal and moral obligation

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You should pay what you legally owe but these people have stolen so much more we just assume that everyone has overpaid them. The prepaid Visa is a great idea but the collectors from whatever foreign country they call from would have no idea what you are talking about. The say pay us our way by a certain time or we will come to your job or your home. We have terrorist connections. They call your boss and demand your paychecks. THEY ARE SCUM AND SHOULD ALL BE LOCKED UP! Poptartsmom you apparently have never experienced these people first hand. They are very scary foreigners who in a time of paranoia are even scarier because of it and they use that to their advantage and use it well. They are criminals that make terroristic threats to collect money! They will tell you that the law does not apply to them. Real quote: "report me to whoever you want, they can't touch me"

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Yes I have.. dont assume anything.. I am saying that you need to stand up for your rights BUT you do not have the right to borrow money and then decide that you are not going to pay ack the LEGAL amount you owe..
And I agree they can scare you if you let them. But I called and read up on everything I could and when they called I knew what to say. But we are not talking about that we are or I am talking about the post that and I quote
"Do not pay them a dime and ignore there threat"

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If I live in a state like Kansas or New York that says a lender forfeits principal as well as interest when it makes a usurious loan, can I just borrow all day long and never pay, Poptartsmom? After all, I "legally" don't owe anything. Or are we couching a moral obligation as a legal one?

That's the problem on this board. Too many people run around talking about what's legal and what isn't as if the laws are set in stone somewhere. And very few of them have any legal training. And no one on this board cared what the law was BEFORE they took the loans out ... it's always a way to get out of a bad deal later.

Every state has different laws, including different laws about when the laws of some other state do or don't apply. Yet somehow we have this one size-fits all mentality here. Few, if any, of us has the slightest clue what Paulaw legally owes. Yet there's no shortage of "expert opinions."

Getting ourselves in over our heads in debt does NOT make us legal experts. It just means we're poor money managers who should think real hard before we tell others what to do.

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I would feel a moral obligation that is my point. I feel as if this board has become a place to avoid the moral issue with a little pat on the back from a poster saying "Thats ok dont pay them they are not Licensed in your state what can they do.."
I have a moral obligation as well as legal.. but that is me..

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I have no problem paying what I owe legally. I have $50 left to pay according to the law and that is what i plan to pay.I didn't know the laws before i signed up but I assumed (incorrectly) that they were legit. The real problem is the company I am referring to is abusive and they are not willing to follow the laws in my state i don't want to send them the money and continue receiving phone calls.

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I understand that is what you are trying to do it was the other post that got me..
I am also in Cal do file with the AG and DOF.. tell them you have filed. Fight BUT pay what you owe then close your account fast..
I know I am with BofA and they worked with me and helped me..

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Poptarts mom, I completely agree that we should all pay what we legally owe and I would never dispute that. It was never my goal to tell people they don't have to pay back what they borrowed. I do try to help people by looking up the laws in their state and posting them, and especially to make them feel better and to keep them from having a nervous breakdown like I was when I found this forum.

To the guest, I do not think any of us claim to be experts. We go by our experiences and are volunteering and giving advice which should never be taken as legal advice. What we do have access to, is state laws for payday lenders.

Yes, many of us do feel a moral obligation as well as a legal one. That is to pay back what we legally owe, and what we borrowed. None of us are claiming to be legal experts or lawyers. Yet many of us have learned from the mistakes that we have made and want to help people that have done the same.

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I agree with guest.. Many of "US" try to be experts. 2 or 3 months on this board does not a lawyer/expert make..
I have seen people with over a 1000 post in a short as a month giving legal advise and the people are eating it up because they are scared and looking for any answer to help even if it is the wrong answer.. I have read step by step directions given on this site to scared and Desperate people. I think that we should be careful what advise we dole out.. Experience is one thing...

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How bout none of us give anyone any advice to anyone? Why dont we all just let these people get eaten alive? I never claimed any of my advice was legal...my advice is from my own personal experiences with PDL's...But hey...cant go a day without some drama on the boards!

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Who are you referring to poptart? I never claimed to be an expert and neither did Leah. I speak from my own experiences with ten payday loans and what I have learned between dealing with them and the knowledge I have gathered here. I never claimed to be a lawyer either. Yes I have a lot of posts from just a few short months and that is because I spent a lot of time here trying to sort out my debts and gain knowledge and wisdom from those that gave it to me. If you have something that you want to say to me go ahead and do it and don't talk around me like I didn't even respond to the thread. Find a post where I claim to be an expert. Not gonna happen. If something is beyond me I tell that person to wait for someone else to come along. And anyone else that has a problem with me, bring it to me. Lay it out on the table. If I am not wanted here I will leave and Leah will too. We both spend a lot of time here trying to help people or at least give them a shoulder to cry on, or emotional support in whatever way we can.

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