pay check advance
Date: Mon, 04/23/2007 - 04:55
I got a paycheck advance from usadvance. Unfortunately I was not able to pay it back on time. Now it has been aclose to a year and the advance of $300.00 has turned into a 2647.00 balance. There is no way I can pay this upfront. I get threatening phone calls about getting my paycheck, losing my assets, bank account etc. I am really nervous because this is the first time that I have this problem. I got payadvances before and was able to pay it over over time. But this collecter is telling me I have to pay $400. a month and this is something I just cant afford.
I really want to get this resolved as soon as possible.
What state are you in? Did you pay back any money in "fees" bef
What state are you in? Did you pay back any money in "fees" before you defualted on the loan?
need help
Yes I paid the first 2 renewal fees when they were due I asked the company on how to handle future payments and they told me to use western union which I was never able to do. When I checked on my balance last It ballooned up to $625.00 and I was told my account was sent to collections. At that point the scary calls started asking me for 2,000 + dollars. I paid $200.00 last month and they are still asking me for the balance. I am In NY state.
Thanks
If I remember correctly New York has sued several payday lenders
If I remember correctly New York has sued several payday lenders. You need to contact your state's attorney general's office and dept of banking and file complaints against this company.
Well Goudah you beat me too it...I was just in the process of po
Well Goudah you beat me too it...I was just in the process of posting the same information for them! LOL
New York has sued several payday lenders - Here is an exerpt I j
New York has sued several payday lenders - Here is an exerpt I just found:
Wow....after reading that article, it's amazing to see what some
Wow....after reading that article, it's amazing to see what some of these places will do to get people's hard-earned cash.
First off, you need to stop payment on this loan. Do it immediately, do it now. Total up what you've paid and subtract that from the principal, only because you need to payback what your borrowed. If you have paid back the principal, demand that your file be marked paid in full, or you will be calling the NY State Attorney General in Albany. If you still owe on the principal, figure out what kind of payment plan you can afford and do it.
You do NOT owe $2000 off a $200 loan; that's just silly. Tell this creditor that if they contact you any more, you will be filing a police report.
Thanks
Thank You all for your advice
I was ready to pay $2000.00 because I was so scared of any charges and it affecting my credit It has truly been a god send that I found someone to give me some answers
Thank sooooo Much !!
A much relieved mom.
pay day loan
Hi,
The collection agency handling my payday loan debt is the law firm of Frederick D. Kelly. Has anyone had any experience with this agency?
cynthia, I believe payday loans are illegal (at least store f
cynthia,
I believe payday loans are illegal (at least store front) in New York. A good website to look at is paydayloaninfo.org to find out licensing requirments, etc. You may also want to check with the attorney general website for your state.
Eliot Spitzer,now Governor of NY, was very aggresive with PDLS i
Eliot Spitzer,now Governor of NY, was very aggresive with PDLS in NY when He was the AG. So chances are PDLs are prohibited there.
I live in NY state--pdls are illegal here both kinds. Contact t
I live in NY state--pdls are illegal here both kinds. Contact the AG's office immediately. They are still working on shutting down as many pdl places as they can! Good luck!
