Need advice please!

Are all these payday loans? If so, some may give refunds and some may not. If you get the debits stopped, that will be a big plus. If you cannot get refunds, you may just have to cut your losses. It might cost more to hire an attorney than what you might get back. Provide a little more infomation and someone here on the board should be able to help you out. List who you owe, how much you borrowed, how much you have paid back, etc. That gives people a place to start.

Why can't you open a bank account? I may be able to help you with that . . . . Another concern you need to think about is if your current account goes negative your step dad will be held liable too . . . It may make it difficult for him to open any bank accounts too.

What companies have you borrowed from and how much did you borrow/pay back so far?

As far as the bank debits go, they may be costly to stop. You would have to do a stop payment on each one, and even that may not stop the transaction from going through. If you close the account the bank will likely force it back open once the ach transactions go through.

Right now I curretnly have the following loans outstanding:
ameriloan 400 principal 120 interest
United Cash Loans 300 90
GECC 300 90
CashNetUSA 500

I would also recommend talking to someone at the bank and explaining your situation and see what they suggest. Some plces will work with you and help you out. It might take a little work on your part and maybe a little embarrassment, but better to be a little embarrassed now than a lot later on. Right now take one step at a time and provide the information that was requested and go from there.

Whoops, hit reply too early.
According to Arizona state law, I've had three loans out with ameriloan before, and have apparently been overcharged $382.50, $472.50, and $570 per loan. Obviously, that's more than my outstanding loan, which they are currently charging illegal fees on. With United Cash Loans, same situation, Gecc paid overages of $382.50. I'm ok with Cashnetusa, they seem to be a decent company,and have the lowest interest rates. That loan will be paid in full next week. Each of these companies owes me more money than what I owe them. What do you suggest? I am planning on going in and speaking with my bank either this afternoon or tomorrow morning, depending on my work schedule.

Oh, and the bank account--poor credit and a tax lien.If I had good credit, I wouldn't be relying on the payday loans. I've been working on improving my score and it's gone from a 480 to a 560 in the last 6 months, but still an issue with the banks.

Why is it that you think you can't open another bank account? I may be able to help with that . . .

It looks like you may be right about you pdls. I'd suggest writing them letters stating your case and push to get them to mark your loans paid in full.

If anyone can find you a bank it is goudah. My credit score isn't that great either, but was still able to find another bank and open another account, although I have to keep my other account opened until everything comes to a zero balance, which should be soon. I know it sounds bad to say, but even though you have over paid some of these places, I would not count on a refund. Push for it, but unfortuantely it does not mean that it is going to happen. I have one company that I should get about $1000 back from, but don't know if that is going to happen and another, should be close to $200 and doubt if that is going to happen either. I hope that you can recoup some of your money, but just don't count on it yet.

Glad to hear you are going in to talk to the bank. Our bank was very understanding and is working with us to get the debits stopped from our old account. We have to go into the bank every time a debit hits and fill out paperwork, but at least we can get things reversed. Oh, I did forget to add, that when we did this, our bank wanted proof that we have notified these companies that we were revoking authorization to debit our account, whether it was through USPS or via email or something. We did all of our through email, so that helped. But find out what they need for you to do to stop this.

I just emailed letters to ameriloan and United Cash Loans, so we'll see what happens. I'm not too confident about United Cash Loans considering the posts I've read here.

UnitedCash never responded back to me when I emailed tham and I emailed them like 3 times.

I figured they'd give me some problems, so I faxed them as well. I'll be sending out letters by certified mail tomorrow and calling them as well, but I won't feel satisfied unless I see something in writing. Good thing about the fax is I can verify it was received as opposed to the email(service wouldn't let me use a read receipt).

ameriloan replied promplty and settled my loan. I resent a letter to United Cash loans by fax and email, and I'm taking the revocation into the bank today. I'm not going to deal with them by phone if they're that shady. I want everything in writing for the bank.

You never responded about the bank account situation . . . I may be able to help you get an account that you won't need your step dad to cosign on . . . . Just let me know why you can't (chexsystems report, fraud, ect) and I will let you know if there are any good banks in your area.

I tried to check my account with UnitedCash Loans last night using my user name and login and it would not let me in. Said for something like site is for customers only, so I guess I am not a customer any more. LOL Can you tell it just breaks my heart?

Gypsy ~ if you don't hear from them for a little while, try to log into your account and see what happens. Like I said, they never responded back to me or anything, but I can't log back in now, so I am taking that as a good sign.

Do contact Goudah about the banks. She helped me find one.

Good luck to you and hope it all works out!

That's a good idea. I'll try that. My goal right now is to not close my bank account. I have too many other payments coming out of there and it would be a mess, but if I can't rectify this situation, then I may look for a new one.

I forgot my login--lol. Let's see if they email it to me........

So, they emailed me my login-lol. The loan papers showing on the website are from 1969...I was born in 1972:). Anyway, emailed them from their site as well. We'll see what happens. I'm on to the next 2 companies.....

Keep up the good work! It will pay off in the end! A little frustrating for a while, but I decided if others can do it so can I and you can too!

Oh, United Cash Loans is staffed by monsters. After a week of emailing them, they responded this morning with an offer to settle for $280(they owe me $1400) if I responded within the next five hours. They also said that I had no proof and had not pointed out why I was unhappy with their service--lol. Apparently the fact that they are illegally lending is not something they feel is poor customer service. When I responded stating I would not settle, they said that they would continue to debit my account and if I stopped payment send me to collections. They also stated they were blocking my emails--lol. We'll see what the bank does.......

jeesh...what jerks!! ameriloan was so pleasant to settle with.

WOW ~ Like I said, I never hear back from UnitedCAsh Loans. After we reversed one of their transactions, we have not heard back from them. Hang in there and keep up the fight!

That does give me hope. Had you had prior loans out with them also? Hopefully my bank will allow me to reverse as well, and they'll back off.

No, I only had one loan with United, thank goodness, but I had loans with other places. Like I said, it is a little frustrating for a while, but once all is said and done, you will feel like a weight has been lifed off your shoulders.

Heads up of all the companies you are dealing with Cashnet USa has a liscense in all 50 states and follows state guidelines....

I know. And they're an excellent company to work with. The only one I'm not trying to settle as well.

I live in Florida and had a loan with cashnet..they rolled over my loans more that a 31 day period which is not allowed in Florida

It may depend on where your located, but they're using out state laws in AZ. I'm currently paying them less interest on a $500 loan than I am with United cash loans on a $400 loan.....$100 less! Oh my. This is a mess.....

oh because they robbed me BIGTIME..I love living in Florida their is so much protection for the us regarding pdls.versus a state like New Mexico

United Cash loans is my biggest headache right now. They're saying that since I was a repeat customer I was aware of the terms......blah blah blah. Jerks.

And now you are aware of the laws!

Ooops hit submit too early...meant to say now you are aware of the laws and know what they are doing to you, where as you didn't before and now your not going to take it any more!

Here's my response to them saying I had no actual complaint:



Am I crazy? Can you see the complaint there? And that was just on the first loan...............

So, after sending them the letter above, I received the same form letter back from them saying that the letter I sent them was a cut and paste form letter with misleading and incorrect information that is being posted on the internet, and that I have no real complaint for them to respond to. I responded in detail and asked them to not send me any more form letters. Getting nowhere fast.............

Keep working at them. A lot of them seem to respond with the same thing.