Payday Loan-yes

Global payday is cashnet500 . . . . They also go by usacashexpress. I haven't heard of payday loan yes, but I'm not surprised they are going by another name. I'd be surprised if they were licensed, they weren't in my state, and when I asked them about it they said that they are licensed in Utah, and that gives them the right to lend in other states without a license. Yeah right, since when does one state's laws apply in another state?

What state are you in?

I think jessie is in Florida . . . . In the post it mentions licensing in Florida . . . .

They are very sneeky, I revoked wage garnishments & everything, closed my account and now they have taken $590 out of a new account. It's a mess, one nightmare after another with these people. My bank will do the provisional credit but this happened on 12/29, the credit will not post until this Friday or even Monday...then they have chaged me $420 in OD fees and only gave me back $300 of it. I'm stuck.

How did they get your new account info after closing the previous one?

I have no idea. I will close the current one after I get my money back but I'm afraid this will happen again. My bank said they may use a different name and we wouldn't know about it until after it went thru...this is a nightmare.

Thanks, Goudah, I missed that.

Jessie, Payday loan - yes and Global payday are NOT licensed in Florida. And even if they were, rollovers are NOT allowed.

Therefore, figure out the total amount you have paid each company including interest and fees. Deduct this from the original amount borrowed. You need only pay the principal back since they are not licensed. If you have already paid the principal, send them a letter, stating this fact. If you have overpaid, demand a refund. You can find a PDL template letter in Pollyandsay's blog. Just insert your state's laws and edit as appropriate. Also, let your bank know that these companies were acting illegally and, with that in mind, you don't feel you should be responsible for the bank fees. Good luck to you.

Most importantly, contact your attorney general's office and file a formal complaint with them. You can do this online. Also, when you write your PDL letter, let these companies know that you are reporting them to the AG's office. The best of luck to you.

ok, kinda new here so where do I pick up this letter...how do I find Pollyandsay's blog? And where do I find the states laws to add to this letter?

Has anyone had any luck getting the money they overpaid to any company refunded? Just curious. Thanks for all your help.

Hi Jessie.

To get your state laws, go to this site:

click on your state. The laws will be stated there.

Here is the site for pollyandsay's blog:



I was able to get a refund for $150 from one company known as DMS Marketing after I sent the PDL template letter and informed them I was going to contact my attorney general's office. so it's definitely worth a try. Let us know how it goes.

ok, I pulled the letter off of the blog, now do I put inplace the laws from my state that I got from paydayloansinfo.org? This is all so confusing. Also that site gave me a link on filing a complaint, can I do that since they are not licensed in FLA, or just send a letter to the Attorney General?

Yes, where it says to insert your state laws, pull it from the paydayloansinfo.org site. You can file a complaint there and with the Attorney General. I know it's very confusing, but it's worth it in the end. If you have any more questions, let me know.

what i would do is research your state laws, go to your bank and advise them that you never authorized them to debit that account number. Now at that point it is straight up fraud especially if you revoked everything. I am going through this with nationwidecash and since i did it as fraud they are investigating and forwarding it to the AG, my department of consumer credit and the DA. That would be my recommendation. Now you would have to read your banking laws but if you do it as a fraud the bank may have no choice but to give you your money back, the full amount and take away the overdraft charges. Thats how my bank has to do it but they have been very cooperative in this. Especially if this company got your account information from a third party somehow as happened with me

I need to know if bmg is lisciened in florida.i borrowed 200, now they say, i owe 900

i need to find out, if BMG, BAHAMAS MARKETING GROUP, IS LEGAL IN FLROIDA.,

Tamika, I do not believe BIG is licensed/legal anywhere.

hello there im a victim of pay day yes loans ..i need there address they wont give it to me so i can file a complaint with my attorney geenrals office ..im in NC and pay day loans are banned in my state does anyone know there address