It seems everyone here knows

A lot of PDL's have different DBA names and sister companies...I had one PDL get approved and the next thing I knew two diff companies put the monies in my account...after I found this site I realized that its a way to scam people for more money. You may want to go back thruogh any old bank statements and see if they ever put any money in your account

I've been through everything and the only ones are the two I'm working with right now. I've tried to get another one on the recommendation of my mortgage company but they've said that since I'm self employed they cannot give me one. So, I'm stuck at I don't know who this company is and why they have debited my account.

You may have to wait until Monday and contact them...but to warn you, they will probably give you grief about giving your informatin stating that you should have it or they will say that when you took out your PDL and signed the contract you gave their company authorization to debit your account for a service (one that you probably have never recieved)

You may have to take care of this through your bank, you can file a dispute on the charge, it won't cost you a thing. Just go to your bank and explain that you don't recognize it and they will have you complete the appropriate paperwork and put the funds back into your account.

Sheila, do you mind putting the names of the other two pdl companies you have the loans from? We will check for their DBA names. Don't forget to dispute the unauthorized debit with your bank. They will verify with the company and get the reasons for debiting money from your account. If it's not authorized, the transaction will be reverted back.

A general information, be sure to check your credit report regularly. This will give you list of all accounts you opened using your name and social security number. If you find any inaccurate information on your report, contact the credit bureau immediately to avoid future problems.

Welcome to the netherworld that is the Kansas lending community. DMS Marketing uses about a dozen different names to make loans, including Loan Shop. Then the same owners have Westbury Ventures, which does collections for all of the DMS accounts and also buys (or at least claims to buy) delinquent loans from Arrowhead. Then they ship all of the loans to Bass in Florida to collect on them. Having all those different names helps them get around stop payments at the bank. For example, if you put a block on ACH's from Arrowhead, six months later you could have debits on your account from Loan Shop, since your bank won't recognize it as a blocked transaction AND companies doing debits don't have to prove they have your permission until after the fact, assuming you file a fraud affidavit.

Best bet is to close your account so they can't get in there. And then be careful not to give out your new account since some of these companies (see the threads on Geneva Roth) will debit your new account if they can find it.

Freaky, you give great information! Can you register with us? I think the community would really value from your input!

I agree!! Freaky Friday makes some good points. Please do a community sign up and join us. Here's the link

http://www.debtconsolidationcare.com/community/signup.php

I agree too! I have seen many threads from Freaky Friday as of late and have been impressed with the information he/she has given out! Please join us-we would love to have you.

Sheila, I really agree that you should close your old account and open another at a different bank. That is the only way that you can keep your account safe-just don't give out the new account info to anyone!!!!

I might also add that if you didn't authorize this debit, the bank must do an investigation within 45 days from when you file a complaint.

If you do close the bank account, be sure to ask your bank what their policy is on ach transactions going through on closed accounts. Some banks will force the closed account open and allow the transactions to go through. Then you owe the bank! If your bank does do this, explain your situation and ask them to put the account on deposit only before the close it. That way no ach attempts will reopen the account.

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I agree with LCW . . . . Any company that recommends a pdl to pay them off has no idea what they are doing.

Still having problems with that number. I called their number over and over again. My bank did an investigation and they said it was a valid charge. Which is incorrect. Then I closed the account. So I thought problem solved. Now I've gotten a call from this company of course in the message the guy didn't say what company he was with, demanding that I or an attorney who is representing me call him back right away. He also called me by my previous last name. So I really don't know where these people came from or what is going on, or how in hell they even got my account number. And, however they got it, how do I know they can't get my new bank account number?

Close the account, and find out if these Payday loan sharks are licensed to operate in your state, if they are not, I personally would tell them to FUK off, but thats just me, and most people here know that as my Method of Operation. Not very proffessional sounding, but it works.

I hope you can get it figured out. What about contacting the other companies and see if they work through another name.

Good luck Sheila. Would you maybe be able to google the phone number and see what company names come up?

Actually I did that both with google and yahoo, and that's how I found this forum. I tell you being here has put a lot of my tentions at ease even though I still worry all the time. I feel I'm losing control and that my world is crashing down on me. I can't even breathe. I'm afraid to eat because I want to make sure I have enough for my family. I don't know what else to do. It seems one minute it's good the next it's not.

Sheila, we know exactly where you are coming from. You are not alone and we are here for one another to offer advice that may assist each other in all situations. Most internet payday loan companies are illegal, meaning they are not licensed to operate or collect in most states, and personally, if I found out they are not operating with a license in MY state, I would let them know to not FUK with me, and file a complaint with the AG of your state.

It still worries the heck out of me. Their messages sound so scary. There was once upon a time when I wouldn't have cared so much but now it seems that everything is getting to me. I don't want my hubby to lose his job or anything over something stupid like this. We are doing debt settlement right now too. We are really trying to get our lives back on track without losing our home and it's really hard.

Also I wanted to ask. I was given info on here about my state law here in Maryland that pdl's being prohibited. We had to close out our account for something other than these two pdl's that we took out, but now we're getting the threatening calls saying that we're going to be prosecuted. When I file a complaint to the commissioner of financial regulation here what do I say? I didn't take the loans not to pay them back, but I'd say that I have paid enough on them, or at least the one. I will pay them back what I borrowed, but I don't want to have to pay more than that.

I think the way they get your info is if you apply for any other online loans, your info is sent to various lenders for approval. Then, even though they may disapprove you, think about it..your application has all the info they need on it, your acct. #, routing #, all your info. This company has gotten me and I never had a loan with them.