Internet's first get-out-of-debt community - 145,000 members

Posted: Tue Jun 27, 2006 2:21 pm Subject: Dealing with PDL companies

I faxed all my PDL letter indicating that I have stopped any ACH charges from coming through and I have stopped them through my bank. The companies I'm dealing with are
Instant Payday Advance
Payday Select
Cashnet
Payday OK
GFSIL
US Fast Cash
AIP
I've already received a phone call from GFSIL, they left a voice mail. I told them they could contact me via email or US postal service. Should I call them back? Anyone had luck working with them?
I also received a phone call from Superior Debt Services. Anyone heard from them?
I appreciate any advice or help you have to offer me. I've also attached one of the letters I drafted.

Posted: Tue Jun 27, 2006 2:24 pm Subject:

I sent an email to GFSIL and I got a voicemail as well stating they dont have to abide by state laws in my state did you know they are in the UK?

Let me know what they tell you so I know what I will be up against and I will do the same

Posted: Tue Jun 27, 2006 2:26 pm Subject:

Great, I believe this is the one that said they would contact my supervisor and let him know the situation. I would prefer my employer not knowing my situation, kinda embarrassing you know. I just wonder if that means they will not work with us and nothing we can do about that?

Posted: Tue Jun 27, 2006 2:30 pm Subject:

Yes I dont know I dont know of anyone else on the board that has dealt with them either but the two of us so far, I will let you know what they say or if I get a reply email from them, No wonder when I told them no I didnt want the do a PDL on the phone they practically begged me to do it!!! How much are you in for to them?

Posted: Tue Jun 27, 2006 2:32 pm Subject:

I'm sending my letters out tomorrow, did you mention in the letters that you were going to be set up with a debt management plan. Keep us posted on the responses you get them, as I will do the same.

Posted: Tue Jun 27, 2006 2:34 pm Subject:

vbragg, as far as I've ever heard, no PDL in the free world is allowed to release any of your info or info about your situation to a third party such as co-workers, family members, etc. I'm sure someone on this website can give you a definitive answer, but to take a little pressure of your shoulders in the meantime, I think they would be breaking the law if they did that.

Posted: Tue Jun 27, 2006 2:37 pm Subject:

HMMM...I don't know about the other ones, but I dealt with Paydayok, and they were more than fair. They'll actually work out a reasonable re-payment plan with you. Good luck.

~Susan~ · Posted: Tue Jun 27, 2006 3:44 pm Subject:

Do you have an address for GFSIL? I recently sent my paperwork in to T&C and that is the only address I could not find.

Posted: Wed Jun 28, 2006 3:04 am Subject:

vbragg,

Welcome to the forums Smile

I'm glad to here that you were able to work out everything with your bank. Keep us updated on your progress.

I've got several PDL's and PayDayOK is one. They're not my concern, they're easy to deal with. It's the ones with no contact information, one phone number always busy who doesn't return a call. I have no way to pay them off. Route66 and ICS are two of them. I've called a bunch of times and no reply. I'm thinking about closing my bank account but I'm concerned they will call my supervisor. Has anyone encountered a situation where that's happened. I seriously can't have that happen but ICS is taking over $100 from my bank account every two week for a $200 loan and they won't call me back. PLEASE HELP! I should have never taken out the first loan, I make decent money, I'm just trapped under a bunch of these evil little things and I want out and I feel closing my bank account and dealing with the reprocussions one at a time will be the only way. At the very least it would motivate a call back from these people.

Posted: Wed Jun 28, 2006 12:01 pm Subject: Update on letters

I have received email replies from Payday Select & Payday OK indicating this...
We will consider your loan paid in full. You are no longer obligated to Payday Select.
We will consider your loan paid in full. You are no longer obligated to Payday OK.
Praise God! I am almost in tears over this. I am not at work where I have the letter but found it on this site, someone who had some legal background, was in Texas and sent them out themself. I will find the post I got it off of though because I owe someone a HUGE THANK YOU! The letter basically said they were overcharging, etc...etc. I have to say there is hope for any of you in the same situation. I still have 5 other companies to deal with but I feel more secure now in doing that!

Posted: Wed Jun 28, 2006 12:05 pm Subject: Keep searching on this site.

I forgot to mention to James, Susan and any others here, keep searching this site. It has some very useful information. It will be well worth anytime you take. I only signed up & started searching it yesterday and already have received 2 paid in full emails. The Payday Loan Avenger is a wonderful person who will receive prayers from me on a regular basis that God will bless her because she has given me hope where I thought I had none. If you want to see a copy of the letter I sent, please contact me, I will send a copy of it. Now it pertains to Texas though but you can find all the information for your state on this site.

Posted: Wed Jun 28, 2006 12:07 pm Subject: PDL

That's really good. I understand why a lot of these companies stay aloof, because they want to roll over the loans month after month and keep you paying. It's disgusting when you think how much you pay in fees. I've found that PayDayOK, MagnumFunding, and StarlightFS are okay, I can contact them and know how to payoff the loan. MyPayDayLoan, ICS, Route66 Funding, 500FastCash, FSM Group, ameriloan, and Apollo Funding are killing me though. I have no way of contacting them except with the numbers on my initial email and I can't get through and when I leave a message no one calls.

Can someone please tell me what will happen if I close my bank account?

Posted: Wed Jun 28, 2006 12:14 pm Subject:

I just yesterday put a stop payment on all ACH charges coming thru, my payments are set to hit on Friday. I won't accrue any NSF fees that way. I will close that account as soon as my direct deposit hits on Friday also. I've heard that they can not legally contact your supervisor and haven't seen anyone that has had that happen to them. I'm a little nervous about that myself. Search all over this site for good information on a similar letter that I sent saying they are overcharging and you want your account marked paid in full. That is what I did and have had success so far with 2 out of 7 of the companies I'm dealing with. I have not heard of the other companies you are talking about but do a search on them, bet you can come up with more information like a mailing address. That is the way I found one of mine. Just don't give up James, I'm telling you...this site is great.

Posted: Wed Jun 28, 2006 12:14 pm Subject:

James,

I don't know about ICS, but the contact info for Route66 Funding is as follows:

46 State Street
Third Floor
Albany, NY 12207
Phone: 1-877-564-7739

I honestly think your best bet would be to close out the bank account they're debiting from. Route 66 debited my account 2 days in a row, even though they knew there was no money in that account, and then did that on my next two paycehcks, and I ended up with a negative balance of around $900. Also, they CANNOT call your supervisor. They can;t even threaten you with that. And if you close out your bank account, they'll definitely start calling you (they wtill won't quit bugging me). Hang in there, everyone here is more than happy to help you get through this!

Posted: Wed Jun 28, 2006 12:20 pm Subject: PDA

Thanks for the info! I think a few of the companies I have are actually the same company because their reminder emails look exactly the same. Some however don't even give me a reminder email or tell me how much they're taking. It's disgusting when you think how much I'm paying, I feel so irresponsible for even taking the first one.

Anyway, so the bank can do a stop payment on any ACH charges? Will I be charged by my bank for that? I may not have to close my account if I can have my bank willingly refuce ACH charges. I'd rather deal with these people in collections than have them routing around in my bank account every other week.

As for the supervisor thing, I know a couple of them mentioned it in their initial aggreement, it may have been an idle threat, but the possibility's still scary. They mentioned it when referring to wage garnishment, etc. That's the biggest thing I'm worried about.

*Name:
*Email:
*Phone:
*Zip:
*Debt

	* denotes required field

Internet's first get-out-of-debt community - 145,000 members

Dealing with PDL companies

Members Area

Free Debt Counseling

Ask the community

Also See

Featured Discussions

Featured Articles

Recent Forum Discussions

Recent Blog Post