I have the paydayloan they are eatting up my finance

when and if a person join this company how long do yo have to be in it and what are the fees. i an really angious to know. every one has the same problem i have the paydayloan they are eatting up my finance. i cant pay my impotant bills help in a hurry.

Laverne, did you register here for the free counseling? A consultant will discuss about your issues and arrange payments with your pdl companies. What type of loans you have and how much have you paid on the accounts? Every state has the laws on payday loans. You are required to pay what your state allows. The lenders will keep withdrawing unless you stop them and become aware about your rights.

listen how i did register with a consultant i guess they are not in because of the holiday from your experince what are the laws i wish i could talk to you personly on the phone;

Hi laverne welcome to the boards many will be glad to assist you here. what state are you in? Who do you have payday loans out with? Are they Internet or store front? You need to close your bank account and get the ACH withdrawl stopped and the only way to do this is to close your acct. You need to pay your daily bills first, you have to have electricity and water first. Good luck and keep posting

i have payday loans mostly with the internet, only one with store front i am in illionis i asked b bank if i close my account they say if something comes through they will let it open back up why will they do this if i close it they company said if i close it they will use my social security number to find out the new accounts can they do this. this is the ones ihave ash advance, cash net usa i cant remeber all of them, but ggfsil i have at 30 or 40 i had to get a other to pay off the others now i am in a bind help please what to do.

Laverne, Payday lening is legal in Illinois. I would try to make arrangements with storefront. According to your state laws you can enter in to a repayment plan. Someone will be contacting you from this site a debt counselor that hopefully can work out something. Also please complain to the Attorney General in your state. These complaints are starting to get action. Best Wishes KYSIDE38

You may have to go to another bank to open up a new account, or just put a block on these companies from debiting your account, there is a fee per block.
Here is the link to your state's pdl laws:
http://www.paydayloaninfo.org/state_detail.cfm?id=IL
If you have paid back the principal and legal interest rate for your state you can demand they mark your account paid in full. Or demand they settle your account for what you actually owe. And you can use the settlement letter found on Polly's blog, just insert your state's pdl laws and add that you have filed a complaint with your AG's office because you will need to do this (for the internet pdls, storefronts are typically licensed, and I noticed you have CashNetUsa (internet pdl)I have found with this particular ipdl they are also licensed to loan in the state's they offer loans to consumers. You will need to work out a payment arrangement with the storefront and CashNet if you find they are licensed in your state. And don't worry, you won't go to jail, even if they threaten and sound realistic with the threat. Your state does not allow prosecution for defaulting on a pdl, and you haven't committed any type of fraud, which is what some will claim.

what should i do i owe so much since it is legal in the state of illinois so i am stuck they problemly want let me off i am really afraid. cring.....

Laverne Please register and have a debt counselor contact you to start. THere are legit consolidation companies. You can get the help you need. Dont panic like Steelers said you wont go to jail there are no more debtors prisions. KYSIde38

listen from your experince can you really stop them or considate them since they are legal. ihave cash tranfer cneter amerilan gfsil its my payday paycheck today paycheckknow gentlemen investment times 2 cashnet usa. i owe so much ican think of the others but i will have them by the time i get a counselor

is there any one that will talk to personally i will give phone number to chat with someone i know a counsler will call but i nee soneone know these message take too long to answer. i haave a lot of questions i have over three thound dollars worth of bills and my money is not there this is why iam panicing, i need a way out by next friday dec 1 so now you see why i am panicing, i have important bills due my phone gas bill rent light these are due and i dont have the money because of the payday loans which is my fault but they are there now and i am hurting.

Laverne, you need to register with the site and someone will contact you concerning your options. We have some good people here and you have come to the right spot for advice.

alexandea or kyside 38,or steeler i am so depress right now. i just need someone to talk to till i can talk to a cousouler i can spell i an so upset. my number is 773626**** call me please

Phone number removed for your safety - Mike

Laverne, you shouldn't post your number here....

If anything, you can meet me in the chat room and we can talk.

laverne. You are going to be ok. None of the internet pdls are licensed to lend other than if they are lucky in their own state. How long have you been paying on them? You should open a new account, this is the only way to gain control back of your finances. Polly has a template settlement letter on her blog, use that and insert your state's pdl laws, and also insert the fact that you have filed a complaint with your AGs office. You are going to get through this.

I know how she feels Steeler. Those things are so intimidating if you don't know the law and know your rights. I mean they had me in knots trying to figure out how to pay them back and still live. I am just recently getting my life together. But we can all help you. This is the right place to get the best advice. I came here and I have never looked back.