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 Posted: Sat Aug 26, 2006 6:45 am Subject: No longer feel like I am the only one |
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I have been feeling like I was the only one suffering from the PDL trap. After reading for several days other "real" people situations, I feel like there is now hope. I desperately need to get in touch with someone or T&C as I have read where some have had success with them. I currently have 5 PDL's. I am surprised to learn that each state has it limits to interests on these pdl's. I reside in NC and very iterested in learning more on my rigths. I will pay my princible and legal interest. Just need help getting there. I have registered and await any response.
P.S. This site gives hope. Thank you so much!
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yn_robbie
Joined: 24 Aug 2006
Posts: 7
Debtcc Points: 235
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| Posted: Sat Aug 26, 2006 7:09 am Subject: |
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Hi!
Welcome to the forums, You've come to the right place.
I know exactly how you feel..8 months ago I thought I was all alone in the payday cycle. Then I found this site, and it saved me. I'm now payday loan free, just like you will be. Browse the forums, there is a lot of interesting stuff to read, it's amazing how much you'll learn.
You'll get a call from a counselor soon, Probably after the weekend. They'll talk to you about a couple of different options and point you in the right direction.
Welcome to our family, we're glad to have you! Things are going to get much better quickly, I promise!
_________________
"It's a treat, being a long-distance runner...."
Allan Sillitoe, The Loneliness Of A Long-Distance Runner
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finsfan13
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Joined: 17 Feb 2006
Posts: 7020
Debtcc Points: 59875
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| Posted: Sat Aug 26, 2006 11:55 am Subject: |
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Yes...welcome! I recently found this site too and have found it to be a great source of hope and encouragement as I struggle with PDLs! I'm hoping to be free of them very soon!
Good luck in your journey to get free of these evil PDLs...you're in good company and will meet success if you follow the advice you get here!
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Pernoleum
Joined: 15 Aug 2006
Posts: 28
Location: California Debtcc Points: 850
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| Posted: Sat Aug 26, 2006 12:43 pm Subject: |
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maybe I'm confused, but isn't North Carolina one of the states where PDL's are illegal? I thought I saw a discussion on that before..
_________________
Experience is something you don't get until just after you need it.
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LCW
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Joined: 05 Sep 2005
Posts: 1161
Debtcc Points: 21340
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| Posted: Sat Aug 26, 2006 12:49 pm Subject: |
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LCW, That is what I am learning. If anyone can point me in the right direction as to my rights it would be great. Also, if someone can pm me the number to T&C. Tks again
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yn_robbie
Joined: 24 Aug 2006
Posts: 7
Debtcc Points: 235
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| Posted: Sat Aug 26, 2006 12:51 pm Subject: |
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wages cannot be garnished in NC for consumer debts, I know that much..That would be interesting if PDLS are illegal there..I never heard that before, but I do know that several states recently passed laws banning them, maybe NC is one of them?
_________________
"It's a treat, being a long-distance runner...."
Allan Sillitoe, The Loneliness Of A Long-Distance Runner
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finsfan13
Moderator
Joined: 17 Feb 2006
Posts: 7020
Debtcc Points: 59875
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| Posted: Sat Aug 26, 2006 1:14 pm Subject: |
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| Quote: | North Carolina - Payday Loan Consumer information
http://www.paydayloaninfo.org/state_detail.cfm?id=NC
Legal Status: Prohibited
(N.C. Gen. Stat. * 53-281 authorizing payday loans allowed to sunset in 2001)
Citation:
The consumer finance act applies. N.C. Gen. Stat. � 53-173
Small Loan Rate Cap
36% per year
Where to Complain, Get Information:
Regulator: North Carolina Attorney General (See also Commissioner of Banks)
Address: NC Attorney General's Office 9001 Mail Service Center Raleigh, NC 27699-9001
Phone: (919) 716-6400
Fax:
Regulatory Contact:
Regulator�s Website
Complaint Form
Complaint Instructions
Online Resources: |
See the post of KittieKat
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Christina
Joined: 13 Jul 2006
Posts: 441
Debtcc Points: 6429
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| Posted: Sat Aug 26, 2006 2:11 pm Subject: |
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Robbie...
Start writing some letters...they are ABSOLUTELY illegal in North Carolina....
_________________
~A journey of a thousand miles begins with a cash advance~
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erzeke1
Moderator
Joined: 26 Mar 2006
Posts: 1179
Debtcc Points: 16275
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| Posted: Sat Aug 26, 2006 6:43 pm Subject: |
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That's AWESOME!!!
_________________
"It's a treat, being a long-distance runner...."
Allan Sillitoe, The Loneliness Of A Long-Distance Runner
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finsfan13
Moderator
Joined: 17 Feb 2006
Posts: 7020
Debtcc Points: 59875
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| Posted: Sun Aug 27, 2006 12:40 am Subject: |
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Yup, fin!
We're picking them off, one state at a time!!! YIPPEEEE
_________________
~A journey of a thousand miles begins with a cash advance~
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erzeke1
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Joined: 26 Mar 2006
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| Posted: Mon Aug 28, 2006 3:42 pm Subject: |
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Thank you everyone for your support. I am taking back control of my life. I am in the process of switching Bank Accounts. Anyone have a letter format of the verbage I need to send these PDL's. I am going to abide by the law set by NC. On a side note, T&C cannot assist NC Residents due to either law or lic issues.
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yn_robbie
Joined: 24 Aug 2006
Posts: 7
Debtcc Points: 235
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| Posted: Mon Aug 28, 2006 4:22 pm Subject: |
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yn_robbie,
Welcome to the forums! You are not alone here when it comes to getting out the pdl trap. I was in your shoes when I came here in December. Since then, I have dug myself out of the trap with the help of the people here along with a good consolidation company. Now, I can return the favor to those who seek help in getting out of this debt cycle. I believe pdl's are illegal in NC. You may want to contact your AG's office to see what you can do about your situation. Good luck and keep us updated on your progress 
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CowampChicken
Joined: 20 Dec 2005
Posts: 3675
Debtcc Points: 36194
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| Posted: Fri Oct 06, 2006 4:41 pm Subject: |
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Well, it has been almost 2 months since I first posted and as 1245p.m. today, I am PDL "FREE". I started writing complaint letters to the Attorney General. I also sent letters to the internet pdl companys with a copy of the Attorney Generals complaint letter. I also closed my checking account. Let me tell you within a week all calls stopped and I quickly started to receive a letters that although the they (the pdl companies) felt they were within their rights that they now consider my account paid in full and closed. And today I paid my last store front lender in full and will "NEVER, NEVER, NEVER" fall into this trap again. Everyone please take the advice of those that have gotten out of this ugly cycle. Take control of your life and don't let these lenders control you. I was in your shoes less that a month ago. Scared to answer the phone at work. Scared to answer my own home phone. I come home with nothing on my mind but bills and how was I going get through another pay check with -0 balance. I have learn that pdl companies count on these fears. Well, I made it out and so can you. I am taking my wife out for the first time in a long time for a three day getaway (with my money not the pdl's) I will keep reading these boards and I will help where I can.
P.S. There is a light at the end of the tunnel, and it is beautiful!
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yn_robbie
Joined: 24 Aug 2006
Posts: 7
Debtcc Points: 235
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| Posted: Fri Oct 06, 2006 5:06 pm Subject: |
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robbie
It's good to feel that you are now payday loan free and living up with your life and family. I am sure many will refreshed after reading your post.
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ArDeN
Joined: 28 Jun 2006
Posts: 499
Debtcc Points: 6819
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| Posted: Fri Oct 06, 2006 5:10 pm Subject: |
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Robbie,
I am so happy for you! You deserve it! Enjoy your new freedom. And please, post often, you can help a lot of people with your experiences.
_________________
"It's a treat, being a long-distance runner...."
Allan Sillitoe, The Loneliness Of A Long-Distance Runner
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finsfan13
Moderator
Joined: 17 Feb 2006
Posts: 7020
Debtcc Points: 59875
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| Posted: Sun Oct 08, 2006 7:24 pm Subject: |
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I agree I have been called stupid by people for getting in this mess. As these same people think I am smart. How do we get in these situations? I am glad and sad that we all got stuck. I have worked out almost everything since August. So KEEP FIGHTING if you can't pay.
Close your bank acoount STAT and start over. Change banks too. They will find your bank account if you just switch!!!
I stood up and I feel great about it. You can too!
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patbb73
Joined: 15 Sep 2006
Posts: 13
Location: South Shore, Massachusetts Debtcc Points: 518
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