Phone Calls...

I'd guess they will probably start today . . . . You had the benefit of the long weekend. If they don't start today, they will soon.

They may not all call you right away. Some people don't get contacted for months . . . . Others get contacted the next day.

is it bad that i am looking forward to their calls? i guess i am looking forward to them cause now i have the knowledge about what i legally owe them. and i am only going to pay what i legally owe them and not a dime more :-) and most of these payday loans will be paid off in a month. and i am in the process of writing my letters

It's not bad at all . . . . It's much better then being scared of them! They will try to use fear and intimidation to get you to pay immediatly, and much more then you really owe.

Since you are expecting them and know what they will try to say you are prepared and can deal with them no problem!

good point, I have gotten so much knowledge about this whole payday loan thing its incredible, and i got it all from this place. I am so glad I came here before all of this started happening.

Yeah, it still sucks that you have payday loans, but at least you aren't scared to death and freaking out because you were told the police will be there is 20 minutes to arrest you . . . . .

It's much better to know what to expect before it happens.

yeah it does suck but that money i got from them i really needed it lol....ok maybe not really, i was basically moving into a new apartment and wasnt able to take anything with me i had so i had to buy all new stuff.....so now i will pay back what i borrowed and NEVER do it again

and yup still waiting for them to call. they havent tried taking any money out of my account, my closed account that is, or atleast to my knowledge they havent....its really odd cause i am really looking forward to the "threats". i have all kinds of things i wanna say to them when they say what they say...yeah im a bit strange

Beleive me, it will happen . . .

oh i know they will...its like a game..when will it come??????

so i got my first phone call....yay, and the lady was like you setup to have the full amount come out on this date and it was returned for insf, cunds and i said yeah i know thats cause i closed my account and she started to say about what they were gonna do to me and i was like before you tell me how i am going to be arrested or blah blah blah just save ur breath cuse i will be sending in a payment next friday for what i legally owe since you know you guys are a illegal company and she was speechless and i was like dont worry about it u will get all my letters and dont call my work or me anymore you will get your money and thank you and have a nice day harrassing other people :-)

i live in texas and have taken out payday loans on the internet also and just wondered what is the worst they can do to me if i close my bank acct and just send them alittle each month till i can pay them off

my loans are payday select 500.00 netcashusa 470.00 applefastcash 400.00 nationwide 500.00 cashnet 400.00 mycashnow 500.00

pammy - the worst they can (and will) do is call and harrass you, unless you have a wage assignment agreement with them. If you have a wage assignment agreement with them, you need to revoke it immediately in order to keep them from garnishing your wages. THAT would be the worst they could do, in that case, and it would be devastating to your paycheck.

Payday lenders are notorious for their phone calls to your work, home, relatives, etc., in an attempt to get their money. And when you block their access to your money by closing your bank account, they will up their efforts. You can expect several calls a day.

By the way, how much have you paid on each loan so far?

Pammy,
First check and see if they are licensed in Texas. Also, total up what you have already paid towards these loans and if the amount is more than your principal, demand that your accounts be marked paid in full, or you will be contacting your state's attorney general.

I sent my 1st letter in today. To DMS Marketing. Demanding refund for overpayment, revoking ach...etc etc.. This is the first I have seen about "wage assignment". How do you know if you signed one? Is there a list out there of what companies you sign them with?

I think that DMS Marketing does have a wage assignment clause in their contract. I am not sure of ALL the companies but I know that Cash Transfer Centers and Payday Avenue also use them.

A wage assignment letter is one where you give the PDL authorization to garnish your wages should you default--and obviously it's one you should never sign. In my experience with PDL's, the only companies I have dealt with that use them are Sonic and the ones related to Sonic: Cashtransfer Centers and Northway Debit. I'm sure there are more out there.

Okay.. Well, I haven't defaulted, just sent a revised "polly" settlement letter. Telling them they were illegal, stop taking money from me, threatend with complaint to AG, demanded refund, gave them til monday to respond by email only (so I had more refrence to give the AG). So i guess they cant "garnish" wages yet since I havent defaulted.

CLOSE YOUR ACCOUNT! And did you include a voluntary wage revokation statement in your letter? I don't think DMS has a voluntary wage garnishment in their contracts though. And don't say you are going to file a complaint with the AG's office, actually file a complaint with the AG's office, I'm telling from experience with DMS, that they will respond to the AG's inquiry, and you are more likely to get your PIF letter that way. File the complaint.

steelers...do you have an address for them. I can't file a complaint without one and have been unable to locate one.

I no longer have it. But somebody will come along who does have the contact info. and will post it to help you.

so i just got a call from a lady at one click cash she was like you need to call in today asap and make a verbal payment arrangeemnt plan to avoid any more fees, and im like um yeah you can charge me any more fees then what i legally owe but thanks for askin

netcashusa 350 pd 180,,,,,applefast cash 500 pd 1164,,,,nationwide500 pd 775,,,,,,cashnet usa 300 pd 380,,,,,payday select 500 pd 1272,,,,mycash now 460 pd 445 and i live in texas

It looks like you have paid Applefast, Nationwide, Payday Select off. I would demand they mark you Paid In Full. Cash Net also looks to be paid off as well. Have you filed complaints with your Attorney General's office yet? If not do so.