Payday Loan Consolidation Companies

I have discovered that two of my online payday loan lenders are not licensed in the state of washington. I don't know what to do next to get them off my back.

CLICK HERE to find out how to deal with illegal lenders.

Hi. I have two payday loans in Texas with two storefronts. One is named Check N Go for $1000 ($224 in fees every two weeks) and one with Ace Cash Express for $1000 ($200 in fees every two weeks). I have had the loans for about 1 1/2 months so I have paid approx $1100 in fees. I have never missed a repayment but I in a bind and don't know how I can ever get them paid off with this high interest. I have never had two loans at once but something came up at home and I had to take out two loans to cover the expense. Any suggestions on how to work out a repayment plan and get rid of the high interest?

Check N Go are CFSA members which allows an extended payment plan. This must be requested before you defualt, so I would call them ASAP! If you cannot afford this repayment plan I suggest you call their corporate offices and try to get something more reasonable. Be honest and expalin your situation. It is worth a shot :wink:

Ace Cash Express, however are not CFSA members, but may be able to offer you a payment arrangement. When I used their services, I was able to do a payment arrangement once every 12 months. So just call them and ask better yet pay them a visit.

Hello! REally need some help. I have 6 outstanding loans (4 online and 2 storefront). How can I find out which ones are illegal? I have nothing left each month after the fees are paid and I'm not sure if I should do a debt consolidation. Thank you in advance, I'm barely treading water.

You can start by lisitng the names of the companies and amounts borrowed.

I currently have three payday loans out that are driving me into the dirt. I pay the loans every two weeks then have to re-loan just to get by and pay the bills. This has been going on for almost a year and I need help. I have one loan with Rapid Cash $700 / Fee's are $95 / Another loan with The Cash store for $700 / Fee's are $95 and Third one is with Checkmate for $525.00 / Fee's are $77.85. So, here I am, I am and I feel like this is just a revolving door of distruction and I have heard that in the state of Washington the laws are different. If I need to close my account then I will, but do I call the loan companys and tell them Im closing the account and just send them monthly payments? Or do I just wait for them to start calling me and set up arrangments with them? Not sure how to go about this. HELP

I have 3 payday loans locally in my town. I owe about $1600 total and would like to know who or what I can do to get out of this mess.

Pay Day Loan yes is threatening to subpena me for passing bad checks across states lines, which she claims is a felony... when i asked what state they were located in, she wouldnt answer... is this realistic, or just a scare tactic, to get me to pay the balance and then take out another loan.... at the end of the call, she noted once the debt is paid i could take out another loan... i feel like they are trying to keep me in this damn trap!!!

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This is the email that I got from cashadvancenetwork yesterday:
Marilyn,
[COLOR=#000000][/COLOR]
Your current balance is $550
[COLOR=#000000][/COLOR]
We can settle for $400 the original amount of the loan.
[COLOR=#000000][/COLOR]
Please advise if you are interestedin the settlement in as much as on 4/23/10 at 4:00 PM east coast time your account will go to an outside collection agency & to the credit bureau.
[COLOR=#000000][/COLOR]
I hope we can work this out.
[COLOR=#000000][/COLOR]
Thank you,
[COLOR=#000000][/COLOR]
Sandy
Collection Recovery Dept.

Now I took two previous loan with them and I paid almost $400.00 in fees, I told them that I'm not going to settle with them until they refund the money that I overpaid on fees or for them to apply those fees for this current loan...Am I doing the right thing? Arey legally capable to send this account to the credit bureau? or is just a scare tactic? Please advice

[QUOTE=marilyn.brown;684474]This is the email that I got from cashadvancenetwork yesterday:
Marilyn,
[COLOR=#000000][/COLOR]
Your current balance is $550
[COLOR=#000000][/COLOR]
We can settle for $400 the original amount of the loan.
[COLOR=#000000][/COLOR]
Please advise if you are interestedin the settlement in as much as on 4/23/10 at 4:00 PM east coast time your account will go to an outside collection agency & to the credit bureau.
[COLOR=#000000][/COLOR]
I hope we can work this out.
[COLOR=#000000][/COLOR]
Thank you,
[COLOR=#000000][/COLOR]
Sandy
Collection Recovery Dept.
Now I took two previous loan with them and I paid almost $400.00 in fees, I told them that I'm not going to settle with them until they refund the money that I overpaid on fees or for them to apply those fees for this current loan...Am I doing the right thing? Arey legally capable to send this account to the credit bureau? or is just a scare tactic? Please advice[/QUOTE]
Scare tactic, and even if they do report it all you would need to do is dispute it, they aren't licensed, case closed. :)

just wonder if anyone has this problem that a payday company gave me a call to tell me that they are going to serve me. I have been scam that way before. I try to work out payment araigment and they say no, they want my new account. I have another payday company take out of a account that they were never told that they could..what should i do

I have 4 Payday loans and like everone else the fees are killing me i am in Georgia
i have
First bank of Deleware-431$
greatsky-617$
lakota cash 390$
elastic-180$
i called to talk with them about not being able to pay got so much grief that i pawned some stuff to make payment probably want be as luck next time any suggestions

Someone will be along to tell you payday lending is illegal in Georgia, and they will forget to mention that the Georgia Industrial Loan Commissioner has never gone after ANY internet lenders. Oxendine declared victory when he chased the storefronts out and (since he is running for governor now) would rather die than admit there is still a payday loan problem in Georgia. Meanwhile, you have two problems - FBOD and Elastic are bank loans and are LEGAL everywhere. (Federal laws governing banks trump every state's laws and their products - not exactly pdls - are permitted under federal law). Lakota and Great Sky are tied in with Indian tribes. Doesn't make their loans enforceable in Georgia, but the tribes are sitting on two appeals court decisions (California and Colorado) that say the states can't do anything to them. So while they can't sue you, they will harass you with impunity. And Lakota will send wage assignment paperwork to your employer if you default, so make sure you revoke that authorization and let your boss know that you did.

me and my husband is over the hill dead on our payday loan.like we have like 14 of them cause my husband retired last year then he doesnt have a job for a while so we start getting a pdl then when the 1st of the mo came they take all our money so we have to get more just to pay our rent and this what hapenn every mo.so now we dont have cable phone behind on rent they gonna kick us out soon cause all we pay is pdl.if we do the consolidation with you guys and close our bank account are we gonna get in trouble? can they sue us thats i dont want to get in trouble by the law .pls.tell us what to do i leave in california?

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My bank wants to charge me for each block on each account?
i have to first pay off the negative balance in my account before they will allow me to even close the account.
upside down and turned around!

I am in the same shape as buckeye1120 only I live in North Carolina. Can you direct me to the laws here and where can I find the copies of the revokation letters?

Thank you very much

Ace - 300.00 Internet Paid 90.00
USFast Cash - 250.00 Internet Paid 75.00
United Cash Loans - 300.00 Internet Paid 98.00
FBDLoans - 500.00 Internet 98.17

I reside in North Carolina

I am in Utah...I have about 6 or 7 loans out and much like those posting here, I am beyond drowning...what are my options for debt consolidation? I tried just regular debt consolidation companies but they said that the only things they could help me with were my credit cards. Help please?

I have been in this cycle for a while curently i pay out $310 every two weeks, i just cant live like this anymore, i have closed my checking account, and i'am checking into a PSL consoildation, anyone know of any good ones?
Thanks Dano

Like so many others on this link, I am in a whirlwind of payday loan debt. I don't mind closing out my account and ignoring this lenders, who for the most part are probably illegal anyway. My biggest concern are the calls to my job and references that may begin due to me ignoring them. Has anyone had this issue and how have you handled it?

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I first want to say getting payday loans was the worst mistake I have ever made. I hope most people will steer clear of these. My husband used a company called Payday Freedom and after going through the program successfully I wont ever get another loan!

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I got a couple of payday loan while my wife was out of work and they were taking $270 every two weeks and I had noe way of paying them back, when I have to pay for rent, food, utiliies and their $540 dollars a month. Plus I have to kid 1 in school and 1 that will start next year.

These guys have been calling me telling me that I am going to have the police come to my job and arrest me if I don't pay today. One guy said that I got the money to pay child support. They were making the craziest assumptions about me.
They keep saying i am going to have a bad day if I don't pay. I have been asking what do you mean then they try to change the subject. Is the behavoir illegal?
I do want to pay my debt, but I have to be able to make payment I can afford.
Also one of these sleeze bags gave my checking account info to someone who put me in a "program" that I did not want and was debiting my acount for $8.49 transaction which over drew my account that is why I had to close my account. I did not authorize this 3rd party company to debit my acount.

Please Help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

How can I find out who's legal and who's not?
I got in way in over my head and now my income and home situation has changed. I can't pay these guys back and some of them I've already paid in as much if not more then I owed in the first place.
I've closed my checking account because others (online discount centers) were taking from my account without my authorization.
Where can I find my options?
I'm in Oregon.

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Ace Cash Express $300 (store front)
Speedy Cash $300 (store front)
Check into cash $300 (internet)
Zig19 $300 (internet)
Sure Advance $500 (paid $571 back and they say that I owe them $600)(internet)
Paycheck today $300 (I think this one is paid off)(internet)
Cash Net USA $300 (internet)
Cash Direct express $400 (paid back $530, they say I owe them over $300) (internet)

This has gotten so overwhelming that even I can't keep up anymore.
Most of the $300 ones where 30 day loans, but I got to the point where I was taking out a loan to pay back another. The $500 ones were supose to be $300, but they didn't give me that option. I requested $300 and they gave me $500 and sucked me into this revolving hell!!
I hope you can help stear me in the right direction.
Thank you.

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Zip, Sure Advance and paycheck today, are not licensed to lend in the state of Oregon. CLICK HERE to find out how to deal with illegal lenders.

Who do you contact in california, to see if a online payday loan company is regulated in California. The company is United Cash Loans.

I have gotten myself in so deep with online loans till my entire pay check this week is gone between N.C.F charges and loan fees. I now have about 10 online loans out. I have just closed my bank account and I am now trying to see just how much I owe out, need a solution fast.

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Like many here, I have several payday loans out....6 of them. I am working with a payday loan consolidator, who sent notices for cease and desist, withdrawal of ach, etc. to all of the lenders (I have copies) but I checked my bank statement, and one of them has already hit my account, even though my paycheck won't be there until Monday.

My loans are with:

Pack Management Group: $300
500FastCash: $150
PDY Services: $200
NLS Cash Advance: $350
Fleet Marketing: $400
Impact Cash: $500

I live in Texas. How do I stop them??

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I'm stuck in the vicious payday loan cycle as well (6 loans) and am working with a payday loan consolidator. They sent notices to all of my lenders...ach withdrawal, cease and desist, etc...but I checked my bank account online this morning, and one of the lenders has already debited my account before my paycheck has even been posted.

I live in Texas. How do I stop them?? My lenders (all internet) are:

Pack Management Group: $300
500FastCash: $150
PDY Services: $200
NLS Cash Advance: $350
Fleet Marketing: $400
Impact Cash USA: $500

Any help or advice you have would be greatly appreciated!

sorry for the double post....I thought the internets ate my first one.

How/where do you find out if the lenders are licensed in your state?

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I would just like to advocate for Payday Loan Consolidators just a little. Some of the people here are able to do this themselves, but I enlisted the help of a consolidator and I have had a lot of luck. I have settled about 1/2 of my loans for a fraction of the original loan amount. Yes, you will pay fees, but for me it was worth it as the consolidator did a lot of the "dirty" work, ie: making phone calls and faxes, talking to harassing lenders and collectors saving you a lot of time and stress. I would suggest if you have the time and patience to "fight" this process out then by all means, save some money and do so. I am working two jobs and going to school at night part-time, I found that this was a time consuming process and needed a little help. My consolidator acts as a shoulder to lean on too, just like this website is for all of us. I have called my consolidator in tears before and they have helped me see the reality in this horrible cycle. I just wanted to throw that out there as I feel like consolidators get a bad rap. Perhaps I got lucky with my choice bc I am sure there are some consolidators who are in the business to scam as well. Good luck to all!!

I just got a call that I will go to Jail Christmas Eve if I don't pay my Payday loan to financial crime office tomorrow Dec 23rd, 2010. What can I do?? I am not sure what to do or if this is a scam of some sort. They also somehow know my new change of payday at myu job and I have no idea how they would know it. I'm also unsure that I even have a loan with them, I've had no mail from them and they say I have. Please help me.

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Hi, I have three payday loans currently out there and two are online, one is in store and I live in Missouri. The first one took out in november for $400 and have had to pay $106 every week since for "extensions." The second loan I am currently paying off in installments of $178 every two weeks for three payments and I have already made one, and it was for a $450 loan. The last loan I have is with Quickcash and that is for $500, that I pay off every week at $600 and retake out. What can i do to stop this? I know if I got the online payday loans paid off I could payoff the in store one, but I keep getting hit for $106 every two weeks with the first one from CScashservices, and the second one I am paying off is from CashNetUsa. Any advice?

Also I have been paying $106 every two weeks since November of last year.

i really need a hot poker shoved up my ass,and my dick chopped off.