Can online payday loan companies garnish your paycheck?

it would help to register.then you can PM or quick message any member.it's more difficult as a guest,but you can send quick messages.

I have a loan with Cash Net and they have sent it to collecgtions now with Tri Financial whom keeps calling me at work, they want $350.00 now or they will be taking me to court for $650.00, I live in Minnesota, can they take me to court for this?

Is that CashNet USA?

If so then yes they can as they are legal but most of the time they do not they just threaten it. Have you tried making payment arrangements?

Magnum Cash Advance
1403 Foulk Road, Suite 203
Wilmington, DE 19803

Phone: 1-866-406-6800 Fax: 1-866-406-6844
E-Mail: support(at)magnumcashadvance.com

I have several online and store front loans..PLS, Check into Cash, Check n Go, Cashnet USA, Cash Transfer, and 1000 cash. I live in WI. I am thinking of doing a paydayloan debt consolidaiton with Destination Debt SOlutions? Anyone heard of them? I have also signed a wage assigment with Cash Transfer. 200 loan paid 312 then have the 200 again and I am affriad this time they will do a wage assignment since I did not have money to pay them last week? Any thoughts...feeling desperate..hate the phone calls but want to get all of these behind me soon....

First, revoke the wage assignment ASAP!. You can do that with your HR/payroll dept. The assignment is voluntary and can be revoked at anytime.

CashNet USA, Check into cash and Check n go are legal.

Cash Transfer is not.

My best advice is to close you checking account and then contact the legal lenders and make payment arrangments.

Does anyone know if PayDay One is legal I am in Texas.
Also what about CashNet USA I know you said its legal. I just can't handle this anymore.
I am closing my checking account on Friday and canceling my direct deposit.
I will also be faxing a Wage Assignment thingy to revoke.
What is my next step??
I want to do this right

This company does business as L&M Financial..International Payment services based in maryland as well in Virgin nIslands.. I borrowed 300 and have paid back over 800 so far.. I have closed my checking account and they have placed a wage assignment with my employer.. I live in NY .. my emp,oyer has started deducting 25% of my pay.. I found out the nt. rate465%... does nay one know if this is legal and do I have any legal recourse.. can any one provide any laws pertaining to pdl in NY

thank you

pdl's are prohibited in NY and this is an illegal pdl.if your employer granted a wage assignment let them know this is an illegal pdl lender.wgae asdsignments require an actual signature.not an e-sign.let your HR person know this.

What is my recourse.. If these are illegal in NYS can I sue this company for amount I paid them ?

WinterAriel, since both of your loans are legal you can revoke the ACH if you have enough time. It requires 3 business days.

If not then once you close you account and the ACH does not go through you can contact both companies and make payment arrangements.

Hello:
I took out eight pdl's. I live in new york and i recently found out they are illegal in ny. I was wondering what should be my next step. The companies i took out the loans with were:
Sandpoint capital
Paycheck today
Webpay day
Impact USA
midland financial
cash advance network
tremont financial
Any assistance would be appreciated. Thanks

we can help,but we need the following.

how much was borrowed from each
how much was debited by each total.include fees and rollovers.

answer those questions and we can and will help you here.

For those loans you only owe what you borrowed. Any fees or charges you have made apply to that amount.

Hey everyone, I have the following loans

WebPayDay
Loan Shop
National Pay Day Loan
Sandpoint Capital
SSM Group LLC
US Fast Cash
United Cash Loans
High Country Loans

I know that PDLs are prohibited in NC but I was wondering if any of these are actually legal. I am going to be doing a letter for revoking any wage garnishment plus phone calls shortly. Is there any other advice you can give me?

Thanks!

Per edt329 - I have closed my checking account and they have placed a wage assignment with my employer.. I live in NY .. my emp,oyer has started deducting 25% of my pay.

How the heck can they do that if they are illegal? What is likelihood of them trying this if you call them out when you stop paying them on their illegal status and have paid back exactly what you borrowed or more? This is the stuff that scares the cr*p out of me..... I want to fight them but though heck if they are illegal they'd never contact my employer about wage garnishment if I fight them up front? Any experiences / advice?

One last question....If you don't have wage assignments but are worried about them trying it (as EDT329's post has scared bjeezy out of me) -

should you contact payroll or if in your letter you said you are revoking their right ot call you or contact your employer, yadayadayada....is that prob enough?

Oh I also have Payment Direct and need that fax # if anyone has it.

Thanks!

i had a loan from 11 months ago that i was making payments on and had to close my bank acct. i haven't made any payments for over 6 months. do they then send it over to collections? i tried to cash a money order from usps there yesterday and they refused to give it back and took 25% of it to go towards them and took half of my $ against my will. they didnt give me any receipt or paperwork showing a payment towards the loan, just a regular check cashing receipt that shows the money order and a returned item payment. is this even legal? i live in tucson az?

I'm in a complete disaster because of my wife (who I am now divorcing) and a series of financial mishaps. Since September I have to repeatedly take out between one and three pdls. The companies are:

CashNetUSA ($300)
MyPayDayLoan.com ($600)
East Side Lenders ($1000)

I have every intention of paying these off, but I can't have them keep taking the money out of my bank account. I'm in CA.

My questions are:

1) Even if the contract states that I can't revoke the ACH authorization, can I still do so?

2) My understanding is that I revoke the ACH authorization, close the bank account and reopen a new one? Is that correct?

3) What are the possible consequences of doing so? Just collections? How can I tell if they can (or will) garnish my wages?

Thanks,

Wil

Took out a loan with Ace Cash Express in TX, and for certaqin reason have been unable to pay off the entire loan and have fallen behind on payments,can an ace credit services in TX garnish my wages? They call and say that if I dont pay them by a certain date that they will garnish my wages.What can I do,please help

Can anyone give any advise? They just contacted me last week and said that they were going to sue me if I didn't pay a settlement amount by August 7. Is this possible? Is Web pay Day legal in SC?

where can i fing the letter to stop garish and can they garish in fl

i have a loan with ameriloans,usfast cash,and my cash now. i was paying them okay,but my father got sick with cancer and i had to pay for his sugery b/cause he had no insurance.so i was left with trying to pay for this and trying to get him better.what can i do i really need to know what my cash now will or can do. i leave in tuscaloosa ,alabama what are the laws here does anybody know? help me please.

Does anyone have information regarding payday loans in VA? I have store front loans and internet loans, not really sure what state the internet loan companies are in.

lisha-MyCashNow is not a legal licensed company-so they can call you but thats about it-that can't sue you. My best advice is don't answer the phone when they call. The more you talk with them the more they will call you.

Guest-storefronts are going to be legal. Please list what internet pdl you have and we can help you sort which ones are legal, if any.

I'm looking for help in TEXAS. i have three payday loans - two of which are the same company and they are threatening to garnish wages - to serve me at work. i don't know what a wage assignment is. the only thing i signed was the payment agreement. i couldn't close my bank account because it had already started bouncing my account. i need to pay the bank back. but i can't until they stop trying to contact the bank. i've had this happen to me once before, but they just sent collections after me and it wasn't bad at all. this time they are getting ugly. please help. what can i do?

oh, my PDL's are with Epayday loan, Payday-loan-yes, and VC Funding.

I have about 7 loans here all payday loans from companies here in LV.

Rapid cash.
Money Tree.
Check city.
Ace cash express.
Cash 1.
Payday Ave.
Cash Land.

I need to know what i can do to work with them. & can they garnish my check?
I have told a couple of these companies to stop calling my work.. did some reading & saw that maybe i should do it by writing? I need them to stop calling my work, it is very embarrassing & also the few friends. I have a $565.00 loan with rapid cash & I've paid them 8 times at 100.00 each time & that was just interest alone, nothing went to the principle. Please help!!! =]

are these storefronts? how much was borrowed and how much was taken out from the companies mentioned up top? did you ask them to stop calling your place of employment?

yes, i did ask them to stop calling my work & some of them are still calling. this one loan i just recently talked to.. i told her to stop calling my work, because she can get me fired. & she told me that if she can't get ahold of me she has to call me at work. i told her i would call her but still haven't. tomorrow i will call each one & ask them how much was borrowed & how much have i paid back so you can help me better. thank you so much! i really appreciate it. i will break you off a lil some some if they go to far & i have to file a case l0l. =]

I am currently having the same problems, pls keeps calling me, my family and friends! They said they were going to turn in my settlement to garnish if I don't pay off or make any payments soon. But they lady said that it was going to be $399 to get me back on track and to not be garnished if this was paid by the end of the month. But then I told her I only can come up with about 200 and then she said great! lets do 200......now the question is, is this lady lying or is she serious because if 399 will get me out the whole, then they wouldnt be accepting anything less. Right? What I want to know is, can the state of Illinois garnish income tax refunds? Because I have been waiting and waiting for my refund and it hasnt come yet. It has never taken this long and the irs told me that I wasnt having any problems, everything is still processing. I dont know if to believe them or not, will they tell you if you are being garnished? And will Pls garnish my refunds/payments without me signing anything? I need answers, Im worrying myself to death!

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can national money store claim that i have 6 nsfs on a ach and them noy have proof and it never showed up as a nsf at my bank and also not send me anything in the mail as far as a solicitation for a debt and also i live in NC

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I was employed by HZB I just recently quit the position because they are not in compliance with state and federal regulations concerning debt collections. I was sold on the opportunity that people were making lots of money with this company and it turns out that the consumer is not the only ones being shafted so are the employees. Every check that I recieved was short. This last check was short 615.25 and I was told that they made a decision mid pay period that they could no longer pay me at the rate we agreed. Although they have after much "loud and abrasive" persuasion they have agreed to pay me my money but that too is yet to be see. This company is a Lie. THERE IS NO CENTRAL OR CORPORATE OFFICE. THEY ARE COLLECTORS THAT WORK FROM HOME WITH NO TRAINING ON WHAT THEY ARE CALLING YOU ABOUT AND AND VIOLATING JUST ABOUT EVERY STATUE OF THE FDCPA. From threats to sue, consumers being locked up, arbitration, investigations and the like. IF YOU HAVE OR HAVE RECIEVED A CALL FROM THEM AND WANT THEM TO STOP email me at deleted..pm and I will share with you exactly how to nullify thier efforts. WE MUST PUT A LID ON THIS TRASH CAN. It is illegal for a debt collection agency to threaten you with a lawsuit if they have never sued anyone for recovery of a debt. THIS COMPANY (HZB) HAS NEVER SUED ANYBODY AND WILL NOT SUE. ESPECIALLY FOR THESE SMALL BALANACES IF YOU DONT PAY THEY SELL THE ACCOUNT TO SOMEONE ELSE. AND THAT'S THE TRUTH. FILE A COMPLAINT AND NOT TO WORRY. THIS COMPANY IS A JUST A BUNCH OF HOT AIR.

I am not a disgruntle employee just a person with a concious.

Truth Be Told.

I was employed by HZB I just recently quit the position because they are not in compliance with state and federal regulations concerning debt collections. I was sold on the opportunity that people were making lots of money with this company and it turns out that the consumer is not the only ones being shafted so are the employees. Every check that I recieved was short. This last check was short 615.25 and I was told that they made a decision mid pay period that they could no longer pay me at the rate we agreed. Although they have after much "loud and abrasive" persuasion they have agreed to pay me my money but that too is yet to be see. This company is a Lie. THERE IS NO CENTRAL OR CORPORATE OFFICE. THEY ARE COLLECTORS THAT WORK FROM HOME WITH NO TRAINING ON WHAT THEY ARE CALLING YOU ABOUT AND AND VIOLATING JUST ABOUT EVERY STATUE OF THE FDCPA. From threats to sue, consumers being locked up, arbitration, investigations and the like. IF YOU HAVE OR HAVE RECIEVED A CALL FROM THEM AND WANT THEM TO STOP email me at [EMAIL="imstillhere513@gmail.com"]EMAIL ADDRESS REMOVED[/EMAIL] and I will share with you exactly how to nullify thier efforts. WE MUST PUT A LID ON THIS TRASH CAN. It is illegal for a debt collection agency to threaten you with a lawsuit if they have never sued anyone for recovery of a debt. THIS COMPANY (HZB) HAS NEVER SUED ANYBODY AND WILL NOT SUE. ESPECIALLY FOR THESE SMALL BALANACES IF YOU DONT PAY THEY SELL THE ACCOUNT TO SOMEONE ELSE. AND THAT'S THE TRUTH. FILE A COMPLAINT AND NOT TO WORRY. THIS COMPANY IS A JUST A BUNCH OF HOT AIR.

I am not a disgruntle employee just a person with a concious.

Truth Be Told.

I really need help and advice! I do not know what to do!!!

I had payday loans with:
Nationwide Cash
Vince Enterprises
Loan Shop
Hushawk Group
SDS

I live in NC.
I was tired of loosing my every paycheck just for the rollover fees, so I closed my account and started over. I have not paid these loans.

Now I am getting calls from I think so-called lawyers, collection agencies, threatning me with all kinds of stuff, told my boss they were on the way to pick me up to take me to jail, all the way to calling my grandfather and telling him they were going to take him to court and get the money from him. It drives me crazy, they are rude and will not work! they say pay or you are going to jail. I get like 10 calls a day. It worries me to almost getting sick. I dont know what to do anymore. Do I call them back and pay or do I ignore them. Advice please!!! What can they do to me?

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I have 9payday loans out. No one has garnished yet,but they are threatening me and harrassing me all types of the night(well until9). however, before they send any judgement against me should I type a letter stating I revoke any wage assignment or should I wait until further action is taken?

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I'm being contacted from Cambridge and Huxley on a payday loan I took out with CashNetUSA. I'm from Colorado by the way. I took the loan out on June of 09. They are calling stating they are filing a petition against me in my county if I don't pay. I gave them my debit card information, but after reading about these tactics I didn't put money on my card. I called the company that bought the loan from CashNetUSA and left a message. Can I get some advice here. I did not sign a wage assignment agreement.

Thanks

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Thank you for the advice. They've called twice today about not receiving the payment. I'm just hit ignore from now on. If they file a judgement against me I've kept all the harassing voicemails.

I live in IL and have outstanding payday loans with the following companies:
ZipPayday
Magnum
Ameriloan
CashNetUSA
SpeedyCash.

Do any of these companies use the wage garnishment thing and how long does it take before it happens? I just closed my bank accts from then 2 weeks ago!! AM I too late to send them a letter? I'll get the one sent to my HR and Payroll dept.

If I live in Michigan and work in Indiana. I have several payday loans out and have signed up with a company called Pay Day loan Debt Solutions, Inc. They were supposed to contact all my lenders but I am still getting calls at work. Do you know anything about this company? They have taken 2 payments out of my checking account.

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