Help, pdl trouble in Tx

I don't know a lot about this subject,but my post will bump your topic to the top and someone can see it and respond.

Hi..Welcome to the site. As long as all of your loans are internet, which they seem to be, then you've made the right first step.

As far as T&C, a lot of people on this site have had success with them.

I have to admit, I'm not a pdl guru either, a year and a half ago I took care of 6 of them with the help and hand-holding of people on this site. Someone will come along who knows their stuff, though. What I can tell you is this..It will get better, there is a light, I promise.

In the meantime, I will also bump this..

If you go to wwww.paydayloaninfo.org and click on your state, they will list your laws, then you would just need to see how much principle and interest is allowed in your state to see if any of these are paid off, or to see what you legally owe per your state. I also recommend that you contact these lenders and try to negotiate payment arrangements if you do owe them anything(i am having trouble trying to determine what you are actually paying on them by your wording)Arrowhead and United cashloans are going to be difficult to deal with

Most internet payday loan companies are not licensed to operate in many states. See if these compnaies are first, licensed to operate where you live, second, are they licensed to collect in your state. Personally, if it were me, and found that they are operating illegally in anyway, screw 'em. They also are bound by law to how much they can charge you in fees and such. If they violate the laws in your state in regards to the amount they say you owe, screw em' again. If they allowed you to roll over these loans, which surpass the times allowed in your state, screw em' a third time. This is how I would behave, so go on your own intuition. Bottom line: If they are operating illegally, in anyway, they will not want a lot of attention brought to light, so screw em'.

here is more info on what I have paid
I am having a hard time following what the law actually allows in Tx

cash transfer centers was a $1500 loan, I have paid them back at least $3200 in renewal fees

americash advance was a $1000 loan, I have paid back a total of $1380 on this one

united cash loans was a $500 loan, I have paid back
around $1200

cashnetusa was a $750 loan, I have only paid $193

checkngo - $1500 loan, nothing paid back yet

e-payday-loan - $400 loan, nothing paid yet

quickest cash advance - $300 loan, nothing paid yet

exloansby.Net - $300 loan, paid $150 so far

national opportunity - $300 loan, paid $75 so far

arrowhead investments - $300 loan, paid $90 so far

i am assuming cash transfer centers, americash advance, and united cash loans I should quote my state laws regarding allowed interest, etc and ask for paid in full, the others I will be asking for payment arrangements to pay them off

Since rollovers aren't permitted, all the companies that allowed you to only pay the fee are breaking the law. The ones making you pay off the loan completly, then allow you to immediatly reborrow are following the law (as far as rollovers are concerned).

You need to check on the licensing status of each company. Most of them will not be licensed. If any are licensed, you should concentrate on setting up payment arrangements with them (if you legally still owe) first. The unlicensed ones can't really do anything but harrass you, so don't worry about them until you are done with the legal ones.

It's up to you wether you want to go with a company to consolidate these loans, or work on them yourself. If you want to do it yourself it takes a thick skin, a bit of time and energy, and some patience. If you have all that, I'd do it myself. You've already done the first step, closing your bank account. Next I'd recommend reading through some of the threads on this site and get yourself educated about what these companies commonly do to collect, and what you can expect. Most of the companies you are dealing with are mentioned quite a bit on this site. Write letters to each telling them that according to TX law you only owe $xx, you've paid $xx, and you only owe $xx (or that you've overpaid and should be marked paid in full). If you still owe money to them, offer a payment plan you can afford.

Since rollovers aren't permitted, all the companies that you've been paying "fees" to, that money should be going to principle.

Thanks for the added information, Goudah.

Thank You all for the help and information.
Now it is time for me to get busy knocking this stuff out

Stop being harassed:
Sample Debt Validation/Cease and Desisit letter. Do not pay a collection agency any money without first sending this letter. If you have any questions, please contact Anthony.

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