We started to get behind on bills

cwilliams -

Welcome to the site!

First, if you can provide us a little more information about your situation, we can give you a little more advice.

-what state do you live in?
-are these internet or storefront loans?
-how much was each loan, and how much have you paid on each of them?

With this info, we can give you some tips on how to deal with this situation.

I live in Missouri. I have a $250 from storefront, $585 from storefront, $600 from internet and the other one is King of Kash where you borrow the money and they deduct $30/$100 per month and after 12 months it pays itself off, $2000. When you ask how much we have paid on them, do you mean the total we've paid since we started them or since we paid them off and took out another one? After 3 renewals they make you pay them off and then take it back out (except King of Kash).

cw, I am in the same situation as you. got inway to deep. I have 6 going and am having a hard time keeping up with the bills plus the renewals. I can't even pay my rent now. I don't now how to get out of it.
Live in NH
4 internet payday loans
1 store front
1 title loan.
Can't even pay the min on these. We make good money but somehow we are always broke.

Most internet loan companies are not following with the state laws. Check the company if they are licensed to do business in your state. Besides, review their fine print with the charges mentioned in your state. You will figure out if they are adding charges legally. If not, your nest step will be to report them to your state AG and the local BBB.

Storefront lenders usually follow the laws and are easier to deal with. Call them and make a proposal. They may offer some extensions suitable in your situation. Give a call and get the real story.

Finally, there are companies that settle debts with pdl companies. You can try their free quote and know how much debt can be settled using their services.

Check here to see your state's laws:

www.paydayloaninfo.org.

You can also find out whether these companies are licensed at this site.

Good luck to you.

How do I find out if these companies are licensed in MO or not? I tried looking on the paydayloaninfo and I couldn't find that information.

Thanks

Search the company's license in this pdf file. It lists all lenders who have a legitimate business in MO

http://www.missouri-finance.org/upload/--_500_most_recent_company_list.pdf

I really need help. Are there any companies that work with payday loan companies to consoldate loans and make payments?

I'm sending you a pm cwilliams

CWilliams, Yes they're are companies that deal with this type of debt. Please be careful choosing one. Always do your homework researching these people. Some cases things have not worked out and people have been taken advantage of. Also check your secretary of states website to see if the internet cvompanies you have are licensed in your state. KYSIDE38

The PDL's that I am going through are all licensed. Do you think it would be best to try a consild. company or write letters and try working it out on my own?

Thanks

You can try working out an arrangement with them. Which companies are you dealing with? Some are easy to work with than others.

One store front King of Kash and one internet Cashnetusa.

Thanks

cashnetusa is easy to work with just give them a call. if you defaulted with them they will help you setup payment plans. I defaulted 380 dollars and had it paid in no time.

I am sorry that this is occurring to you and your husband. Cashnetusa will be willing to work with you.

As for the storefront, unless they are willing to work with you, they may present a problem to you. I would recommend that you contact each of these companies and try work out payment arrangements.

Blizz - how long did they give you to pay it back? My problem is that I have a couple of loans that I am trying to work with and I can only afford to pay $50 a week to each of them. Do you think they will work with me?

Thanks

Does anyone have the website for town and country acceptance and has anyone every worked with them on payday loans?

Thanks

I've been reading other posts from people who are in over there head with PDL's just like me and they said they closed there bank accounts. Can the PDL's bring criminal chages against you for doing that?

Thanks

When I looked under the payday loan laws for Missouri, they state the Criminal Action is Prohibited unless the check is returned due to a closed account or stopped payment.

Basically there is no way out for me. The place I am going through, King of Kash, has done their homework. They loan you $100 - $300 per loan up to $3000. The deduct $30 per $100 from your account every month. So I have 15 seperate withdrawals every month and when they go back NSF, King of Kash just keeps sending them through. I'm stuck. If I let the bank charges keep racking up, then the bank is going to be after me. And of course I called King of Kash yesterday to try and work out a payment plan and they won't work with me at all. They said they can't stop the electronic deductions and I would just have to get the money some how. What do I do?

check out this forum...another user pasted some links in regards to Missouri.

http://www.debtconsolidationcare.com/forums/about9140-2.html

I contacted King of Kash and they said that there was nothing they could do. They won't make pay arrangements with me or anything. I told them that the money wouldn't be in my account and they told me that I better find a way. That they are going to keep sending the loans through every 24 hours and then I will have to pay them an extra fee everytime it goes back NSF on top of having to pay the bank. I found out that this company is doing installment loans. So after that conversation I was really upset, so I contacted a lawyer to see what I could do and guess what she told me. Absoutley nothing. As a borrower I have no rights in Missouri. And on top of it all if the loans keep going back NSF, King of Kash can file criminal charges against me. Life Sucks! Once you get in forget it your not getting out. The worst thing of all is that I know I got myself in this and I plan to pay them when I can, but my kids are starting to suffer from this and I don't know what to do. I can't take much more. All I do is cry everyday wondering how to get out of this. HELP!!!

cwilliams? follow this link, let your State AG know what is going on through the form linked here:

https://www.consumer.ago.mo.gov/

Your not the first person to go through this you won't be the last, you've come to the right place for help. I sent you a email on this site, please check it & reply. The info I asked for is vital to my reserach, alrighty?

Hang in there, ya just never know what can happen

;)