I am in desperate need of help. Went thru a bad time

lost, here are your state laws regarding pdl's. Unfortunately, rollovers are allowed, but only three. Your store fronts will be your main priority since they are most likely licensed/legal. Your internet ones, I can see a couple jump out as not licensed/legal. Let's take a look at your laws:

Arizona State Information http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html


Criminal action is prohibited, so that's a good thing.

I know one click cash and ameriloan are not licensed/legal.

Cannr,
Thank you for your response. - Urgent Money Service (storefront) did not allow me ANY leeway. They dropped the check the day after it was due. When I applied the lady told me I could get at least a 14 day extension, but apparently that wasn't true. How do I check the licensing and what are my options if a place isn't legal/licensed?

Go to this website: http://www.paydayloaninfo.org/. You will need to click on your state and you will be able to read all about the PDL in your state. If they aren't legal you need to contact the AG's office, BBB and FTC. You need to figure out how much you have paid back in principle.

Your storefront PDL's are more than likely licensed and if you don't pay them or make payment arrangements with them they will and do sue. Get ahold of them ASAP. Also you need to close your account but need to read this thread before you do: http://www.debtconsolidationcare.com/paydayloan/close-account.html.

Please list the amount of the loans you have and what pdl's are they and the interent pdl co's.

Someone will be along that has more information to help you then I do but at least what I have given you so far will get you started.

I am in no means an expert on this subject, I have just learned a few things since I joined in May. Good luck to you.

ladybug

You can also go to your state's website, do a search and click on the department that issues business licenses. In California, my state, that would be the Dept of Corporations, for example and I'm sure it's called something similar in Az.
You should be able to tell there whether the business you are looking for is licensed in your state.
All I can tell you is that you most definately are not alone here and are among people who have been or are where you are. Let us know what the latest is, OK? We care.

lost, okay, I checked for you. Your two store fronts are licensed/legal (of course). Your four internets are not licensed/legal. Okay. So, here's my deal. Urgent Money Service dropped your check after the due date. Idiots. They did offer you a 14 day extension. Well, here's what your state law says - you are allowed THREE extensions. So, to me, they can extend it for another 14 days and then another 14 days. Then I guess it had better be paid off! But you are allowed 3 extensions. You may want to bring that to their attention. And maybe in the meantime you can save up and be able to pay it within that time period. Check 'n Go is licensed. I've checked other Check 'n Go's for people in other states and they will work with you. For how long? I don't know. Depends on the store/manager/etc. But when I've called for others, they were like "When would they be able to pick it up?" So, I would try calling them and seeing what you could work out with them. Your internets are the ones that are going to KILL you with their fees. The only way out of them is to close your bank account. Read the link or the "sticky" at the top of the site regarding closing your bank account. They will debit the hell out of you and they're not even legal! Kills me! But that's the only way to stop them. Now, criminal action is prohibited in your state. So I would close that account even though you have store fronts. But you NEED to stay on the "good" side of the store fronts. You NEED to have open communication with them. You NEED to make payments to them. Pay them!! Very important since they're legal. But your internets - bah to them! You only owe them what they deposited into your bank account. The only way to negotiate with an internet pdl is to close your bank account. They then have no way to get your money any longer. So this way you're better able to work something out. Like, no more illegal fees, etc. And they will try to scare the hell out of you with their illegal tactics. I know I'm rambling, but when I find information, I want to let you know. So.... if you have any questions as to all of this, just post! :D

Correct me if I am wrong but looking at cashnet's site it is legal in Arizona. What I saw under rates specific to Arizona they even had their license at the bottom of the page. They do business in Arizona under Cash America net of Arizona. So care might want to be taken with this one. But can someone double check me I might be wrong. Hey it is my first attempt at helping.

Okay. I checked again. CashNetUSA is not showing as a d/b/a of Cash America Net of Arizona LLC. All the others on the licensee database shows the d/b/a of the parent company. Cash America Net of Arizona LLC does not show a d/b/a of any kind. And CashNetUSA is not there at all. Now, correct me if I am wrong on this one. The phone number for Cash America Net of Arizona LLC is 312-568-4205. Hell, call them and ask them if they do business as CashNetUSA. Never hurts to make a phone call just to be on the safe side!

You may be right Cannr. I looked at their website cashnetusa.com. On the license the had displayed under arizona rates had Cash America Net of Arizona written on the license. Which one is right I have no clue. I just know that I don't like cashnetusa!

No, pyb! You are so right to jump in here and put that information! It's not stating it on the licensee database for the state; however, you never, ever know. I say this individual calls the telephone number and flat out asks if they are CashNetUSA. They'll either get a "yes" or a "no". Then we'll know the answer! You did great! :D

Why thank you :oops: . I did not want you to think I was trying to step on your toes. You do know more about this than I do, but I am trying to be a fast learner. :lol:

Don't think that! We are all here to help! If you ever have any information, just jump in and post! That's what we need! That's how we learn all this stuff! With what I posted and what you posted, maybe we will find out the answer if the telephone call is made! Then we have new information for others and that helps everyone! We are a team! And you're part of it!

Everyone, thank you for your input. I'm co glad I found this site and a community like this. It gives me a glimmer of hope. Have to go to a coffee shop for net access, so am limited. - Hopefully remedied today. To respond to the CashnetUsa issue, that # for Cash net America is not an Arizona prefix, but regardless I called it and got a voice mail that said it was CashnetUsa. - A side note to this whole deal, a couple of these companies have attempted to send charges through of varying amounts rather than the amount agreed upon. for example, Fastwire put through $25,$35.29, and $200 (twice) instead of $269. Causing even more fees. To answer Ladybug, The Companies and amounts are as follows: CASHNETUSA(net)= Jacked up to $404.42. Original amount $300 plus interest. I want to say Apprx $104 has been paid. Am unable to check one account. They also put through varying amounts. FASTWIRE (net)= $269.31 owed. $200 principal. -...ONE CLICK(net)= $135.00/$150 principal....AMERILOAN(net)= $350 OWED/ either $200 or $300 principal. ( all of these were deposited on a closed account (unrelated), so I am unable to check at the moment. Locals are URGENT $ SERVICE. =$375 (INCLUDING FEES) and CHECK -N- GO $585.23....I am current with them and they've been cool so far. I've noticed that none of the net ones would easily give a payment address.

Cashnetusa is famous for breaking payments up. They could not get their full $1200 from me so they broke it up into 2 payments hoping they could at least get some..NOT! but now I will have 2 NSFs. I am waiting for them to break it up intop 4 payments. The money still won't be there.

I'm thinking that's not legal??

I'm (the guy that started this thread) am unable to login at the moment, so if an admin is online........otherwise I emailed/ :?

These banks get away with murder with their fees. :x

Lost, you will find that the internet pdl's will hit whenever the hell they want to. They will change their d/b/a name, they will change the debit amounts, the dates, etc. That's why we advise everyone to close the account. They are amazing. I'm still hoping SOMEONE can help us with the CashNetUSA issue. Are they licensed???? Help!

Cannr's right close that account ASAP.

Closing today hopefully. - still checking into the Cashnet thing.

Just be careful dealing with Cash Net USA - They are a legally oeprating company and can take steps to collect.

Thanks for the tip Goudah. gotta see if they are licensed here in Arizona.

They are going to be licensed in Arizona as a deferred presentment provider.

They are licensed. Under the name Cash America Net of Arizona, LLC. Their license number is #0908550, and their license expires on 7/31/2008.

lost, thank goodness for goudah! That was driving me nuts! I thought they were licensed, but was not positive. Now we are positive. Tread carefully regarding them.

Thanks Cannr and Goudah! Saves me some time. Will keep you all updated.

Please keep us updated! If you need any more information or have any questions, you know where we are! We'll get through this! :D

I would like to ask if anyone can point me to a decent consolidation loan company. I can afford a reasonable monthly payment, I just can't afford to pay all these different loans. My problem is more lack of credit than poor credit and low income.

The only place I know of would be prosper.com. It's an ebay like site where people can bid on lending you money for a certain rate. But it's also not guaranteed. But it may be worth a look.

I will also say that it's never a good idea to borrow money to pay off other debts.

lost, some members use T&C and some members use Langhorne. You can do a search on the site for these and read the posts regarding them. I've found contact information on T&C for you. I'm looking for Langhorne next. Hang on.

Town & Country Acceptance Corporation
PO Box 660500
Birmingham AL 35266

phone number: 205-823-4930
fax number: 205-823-7858

OK. Thanks!

lost, here is information I found on Langhorne:

Langhorne debt solutions
884 Town Center Drive
Langhorne, PA 19047
Phone: 1-866-529-0217

Also, I found a post by goudah that I want to post for you to read. Just to let you know the difference between the two:

I think the biggest difference between T&C and Langhorn is that T&C is a debt consolidation company, meaning they will make payments every month on your debts, and Langhorn is a debt settlement company, meaning they will wait until you have a good chunk of money saved, then they will negotiate settlements with the pdl's.

All-
Well I confirmed that One click,fastwire and ameriloan are not licensed here; however, I was told by the AZ dept of Financial Institutions that to their knowledge I still have to pay fees/interest. I do have the option of filing a complaint to get them fined. I don't know how much. I have to read up on it. The good news is that Town and Country says they will be able to help me and their terms are reasonable. The representative was very nice and informed me they could also help with my bank overdrafts if needed. I have emailed all the pdl co's in lew of the letters getting there to remove A.C.H. auth. I feel a bit better now, but it is still sinking in. Thank you all!

Glad to hear! T&C has helped many people on this forum.

Keep us updated on your progress! Good luck! :D

lost, first of all, I'm glad you contacted T&C and they are able to help you. I think that's wonderful! However, I'm confused. Is AZ one of those states that allows internet pdl's? I mean, these are unlicensed pdl's anywhere. Not licensed in another state even, let alone your state. So why would you have to pay fees? Are you talking about the pdl fees? Or are you talking about bank fees? My mind gets confused easily! Was the AZ Dept of Finance saying you still owe the BANK fees? If so, okay. I'll settle down. But if you're saying the PDL fees, I'm not going to settle down! Please let me know, since I obviously am slow here! Should I be mad or glad? :shock:

How can T&C help with the overdrafts? Just wondering!
Anyway, It sounds like lost is referring to the PDL fees and of course that sounds completely idiotic. I can understand owing the bank fees, although, a decent bank would reverse them, however, I wouldn't know what a decent bank was :roll: since mine didn't yet!!!

[color=DarkRed]Advertising post as per forum rules - Mike[/color]

lost, please pay no attention to the above "spam" post. :roll:

WTH was that?
Yeah, let's try to get people that are having financial trouble already to take out a loan to FIX their problems, OH, and create future problems :roll:

I agree, bflow30, thats just what I did with prosper dot com. A good company and all, they did help when I needed it, but I got the loan to pay off payday loans, and 3 months later I had to go back to those payday loans. I was right back into it but worse, now I had another bill, loan for three years. debt consolidation or settlement is the answer not more debt.

thanks