payday loans defaulted on due to financial trouble

ang, in order for an answer to that question, I need to know what state you reside in. Also, are these all internet pdl's? If so, if you don't mind, could you list them out by name, the amount borrowed, and the amount paid back so far. Do not break down the amount paid by into "fees" of any kind. Just the amount deposited into your account and the amount debited from your account so far. Remember to include your state. :D

cannr, love the dog.
Ang, you have come to the right place, please provide the information that cannr has requested and someone will be along soon to help you out. There are alot of us here that have been in your very shoes, some of us are still working it out. There is light at the end of the tunnel, we will be here to help you through. So take a deep breath, it will all work out.

If any of them are storefront lenders then you need to contact them asap and let them know your situation.

But if they are internet loans then if you could list the info that cannr requested we can help you through all of this.

Most of us have been there and we know how these companies can be. So we can let you know what our experiences were with the companies. We will get you through this. So as soon as you get your info together please post it.

Believe me, you have come to the right place. We all have our horror stories re PDL's. Looking forward to getting your info so you can take the first step to get out of PDL-hell.....

Yep...with the PDL's, you HAVE come to the right place. Just would like to add, you're not the only one with PDL nightmares. So many good people, on this forum, will help you through it.

Hi I am writing to get advice as to what to expect on not paying back my payday loans. I have 2 maybe 3 loans out. All are internet based, the first is payday one and the amount $500. The second is with ACH Loan and the amount is $200. Please help me any advice is appreciated.

Payday One is legally licensed in every state it lends in. That means that if you don't pay, steps can be taken to collect on the debt. They could potentially sue you and garnish wages or attach bank accounts.

ACH loans is another story. They are not legally licensed in any state I know of.

What state are you located in?

I have become unable to pay all off the three loans that I have. All through the internet. I stopped payment and wanted to try for arrangements. One company, United Cash Loans, went around the block by submitting a made up check to my bank for payment. I don't know what to do, I really need help. :cry:

Don't know what State you live in, but I was told that the best thing to do first of all was to close my bank account to prevent any more withdrawals. (Be sure to check w/ your bank and make sure you won't be charged for returned ACH's, though) As long as these people have access to an open account, you can bet they'll keep taking your money.

I live in Alabama. I have been trying so very hard to fix this. I hate that I put myself in this situation. I feel so dumb..... :cry:

Do not feel dumb! We are all here for the same reason! You just got caught up in a mess, that's all. No big deal. I'm posting your state pdl law for all to see so you can be helped better.

You will find the Payday loan laws for Alabama here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html