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Payday loans making me sick

Date: Mon, 03/26/2007 - 09:01

Submitted by anonymous
on Mon, 03/26/2007 - 09:01

Posts: 202330 Credits: [Donate]

Total Replies: 2


My husband were doing fine until we hit a rock in the road. So we decided to take out a few payday loans. Now when I say a few I mean maybe 4 which now when I think about it really makes me sick. Well we just recently got the last one paid off I hope but they keep taking money out. I have done everything I know to do to stop them but they are always one step ahead. Mqaybe one day we will be through with them I hope anyway.


I guess you should go to your bank and tell them about closing your account. Show them proof of all the unauthorized transactions done by the lenders. You should ask them to dispute the charges with the loan companies and help in getting your money back. Many people here have faced similar problems and they were able to get some relief because of their bank????????s co-operation.

You should also call the pdl companies and ask for a paid in full letter. This will be a proof of the fact that they are not allowed to make any more debits in your account after the accounts are paid. See this topic with a similar problem like yours.


lrhall41

Submitted by Bridget on Mon, 03/26/2007 - 10:12

( Posts: 348 | Credits: )


Welcome to the forums, memalh. You have come to the right place. First of all, don't let these things make you sick any more. They are not worth it. Congrats for getting them all paid off. You are a step ahead of me. Regarding the PDL that is still taking money out, was it internet or storefront? You will need to close your bank account in order to stop them. Also, do what Bridget said and get paid in full letters from all the companies because these places are notorious for continuing to try to collect even after they are paid off. Also, what state are you in? Please try to relax. Most of us here have been where you are and it DOES get better.


lrhall41

Submitted by Sassnlucy on Mon, 03/26/2007 - 10:26

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