logo

Debtconsolidationcare.com - the USA consumer forum

Payday loan help

Date: Thu, 11/30/2006 - 08:21

Submitted by WANDARMOORE
on Thu, 11/30/2006 - 08:21

Posts: 7 Credits: [Donate]

Total Replies: 16


I just submitted a topic/help tfor total lending.. I need help


I have sev payday loans (stupid thing to do). I had some unathorized debits from a company called ffgsil. I went to my bank and explained everything. The bank closed my acct and opened another. I have called all comapnies and made arraingments to pay by money order or money gram. All have no problem with this except gfsil who only takes ach pmts and total lending. Who i have not been able to contact due to wrong number listed on contract, no email addrs etc. Today i rec a call fromn a so called frank miller w/united processing letting me know that i was being processed for federal bank and internet fraud. He gave me my ss# and email address as well as computer ip #. He stated legal action was being taken against me and taht total lending wanted to make an example of me and would not accept payments and taht i needed to pay $820.00 today. He asked had anyone been to my home or job site looking for me. I said no, he kept saying oh my god!. He asked had i ever been to prison, i said of course not. He than said oh my god! I asked him to email or fax me the info we discussed being as this was such a serious legal matter. He said he could not email or fax me any info. He put me on hold so he could contact legal authorities inorder to give me a chance to resolve this matter. He said i have til 2pm eastern time. I looked up the number he called from 714-343-5226 it's in buena ca, however name unavail. I called the number from a unlisted line and asked the name of the company. A man asked me to hold so he could find out (how odd) he then returned to the line saying crown lending. I girl at work said the man had called sev times asking for me this am and when told i was not in hung up. I borrowed 500.00 from total lending all finance charges were paid except one returned when my acct was closed. I have not been able to contact them. I thought they would contact me after return and arraingment scould be made. (item rtn'd 24nov)i asked abot arraingments and he said being as this is internet and bank fraud it would have to be resolved now and taht the company did not want to accept payment arraingments per the contract?? My copy of the contract is at home. So i asked him to send me a copy via fax or email. He said no. I borrowed 500.00 now i have to pay $820.00 by 2pm eastern time??? Without written documentation is this right???? Help


lrhall41

Submitted by WANDARMOORE on Thu, 11/30/2006 - 08:58

( Posts: 7 | Credits: )


No, they are lieing to you. You cannot be arrested for defaulting on a loan. They say that so you will pay.

Try this. If he calls back, say that you've also contacted your local police dept and found out that nothing like what he said could possibly happen. Tell him that you've now filed a police report against him for extortion. Ask him if anyone's been coming to his home or work looking for him? Tell him that unfortunatly, because of his illegal actions, that he will now possibly be going to jail, not you, and that maybe in the future before he makes such threats should actually check out the legality of such things.


lrhall41

Submitted by goudah2424 on Thu, 11/30/2006 - 09:03

( Posts: 7935 | Credits: )


Wanda - first, welcome to the forums. You've come to the right place to fight your Internet Payday Loan (IPDL or PDL) battle.

You'll see a few abbreviations used in posts by users here - let me explain them so you don't become confused:

AG - Attorney General for your state
CA - Collection Agency
PDL - Payday Loan
IPDL - Internet Payday Loan (as opposed to a storefront, which is a retail establishment you obtain a loan from, not online)

The company is lying to you. They cannot arrest you for this. They also cannot charge you with Internet Fraud or Bank Fraud. What they can, and will, do, is attempt to hound you to death until you pay them simply to get them off your back. They will make many threats - everything from calling your employer to calling your grandmother - anything to embarrass and intimidate you into paying what they ask.

Check the PDL laws for your state - there's a link on the menu of this site that shows the laws for each state. Then find out if the company you are dealing with is licensed as a business in your state. If you have already overpaid this company according to the laws of your state (principal + allowable interest), you have every right to fight back and tell these people that you are filing a complaint with the Better Business Bureau in your state, and your state's Attorney General. And then do exactly that - file those complaints. That's the only way to stop these companies from operating the way they do.

Again, welcome, and best wishes.


lrhall41

Submitted by SUEBEEHONEY70 on Thu, 11/30/2006 - 09:30

( Posts: 4583 | Credits: )


1st of all (thank god for this forum) i called the number back and spoke w/that frank miller. I told him i contacted the federal prosicuters ofc for advice on this matter being as it was federal bank fraud and internet fraud. (i never called, i lied oops)i told him they laughed and said it was not federal and that i could not be prosicuted for defaulting on a loan and that i should call the company giving them exact payment arraingments i could make and that i would only pay by western union money gram, not ach debit. Well, he fell for it, except he did not accept my arraingments of $50.00 a wk till paid in full. He said if i would pay $700.00 on dec 8th the matter would be paid in full (the orig amt he quoted was 820.00) i cannot pay $700.00 i am a single woman trying to make it, i have rec. Had to have my elderly father move in with me inorder to help him. I am strapped.i want and plan to pay all my debits however due to a husband leaving and my fathers illness i am in a rough place and can only pay so much to all i owe. Can he inforce this $700.00 or can i send $50.00 payments anyway


lrhall41

Submitted by WANDARMOORE on Thu, 11/30/2006 - 09:50

( Posts: 7 | Credits: )


I would definitely not send the whole $700 if you can't afford it. He will accept the $50 payments for sure. However, do you have anything in writing from him? And I am sure you know DON'T send anything through your new bank account. I am only reminding you cause when we get stressed we can forget things. Good Luck.


lrhall41

Submitted by Lorri on Thu, 11/30/2006 - 10:22

( Posts: 1721 | Credits: )


No he will not send anything in writting/email fax etc
He did however give me info for westen union moneygram after i said a federal attny adv not to do ach pmts. How do i know that after i pay that amt its over. He said it was a settlement of 700 if paid dec 8th of i could pay 500 12/8 and 7 days later 120. Why wont they send a written document to that effect? Also i told him how do i know the money is going to my acct. He said i'd have the money gram controll #, but doesn't all that prove is that i sent it?? I need a debt consolidator to give all this mess to and pay payments any suggestions


lrhall41

Submitted by on Thu, 11/30/2006 - 11:12

( Posts: | Credits: )


Also, i looked at state regulations in my state for paydayloans as suggested in this forum. The max loan amt in my state is 400.00 for these type loans.


lrhall41

Submitted by on Thu, 11/30/2006 - 11:14

( Posts: | Credits: )


Does anyone have an idea what debit cons for payday loans would cost. And can this sevice be used w/payday loan companies??


lrhall41

Submitted by on Thu, 11/30/2006 - 11:34

( Posts: | Credits: )


Wanda, Please register and have a debt counselor contact you. There are legimate companies that do handle payday loans. First let me tell you to calm down. These companies are blowing smoke. They're are no longer debtors prisions. They will threaten everything . They are the ones commiting illegal acts loaning at these inteest rates especially in states where it is prohibited. KYSIDE38


lrhall41

Submitted by KYSIDE38 on Thu, 11/30/2006 - 11:44

( Posts: 2477 | Credits: )


Ashley, i want to contact you for help in this matter, please email me so i may contact you email address removed for your safety and as per forum rules - Mike
thanks, i guess i'm computer illiterate i'm having trouble getting a msg @your blog thanks so much


lrhall41

Submitted by on Thu, 11/30/2006 - 12:31

( Posts: | Credits: )


In regards to a payday loan from ArrowHead Investment.. The biggest mistake of my life..

Frank Miller keeps calling me.. and threating to arrest me.. He is calling my place of business. I know that they can not arrest me for the $300 I got from the payloan advance. I did call and ask the police if this is possbile.. but he still will not stop calling.. I have told him not to call me, But he keeps calling and leaving voice messages, saying if I dont resolve the matter, may God help me,because he is the only one that can. He will not give any information, no company name address fax number, nothing.. He just keeps threating him, and when I tell him I have contacted the police and attorneys.. he seems to think its funny..

So nothing seems to scare him, How can I get him to stop calling me and harrassing me..

Thank you


lrhall41

Submitted by on Sun, 05/20/2007 - 03:39

( Posts: | Credits: )