How to proceed next

Wait - Did you open a new account at WF? Please say no . . . . They have a tendancy to freeze and close your good account if you bad one is negative too long. You will eventually get the money that was in the good account, but not for 6 to 8 weeks!

The next step is to start the letter writing. You need to send them letters stating that you revoke any authorization to debit your account, revoke any and all wage assignments you signed, and put your state laws regarding pdl's in there. I know Cannr has a good example letter that included everything you need. PM her if you'd like a copy to use as an example.

You will also need to file complaints against all these companies with the NDBF . . . . . NE does go after these places! You will have to do a seperate complaint form for each company. Also file complaints against all the companies with the BBB. Sometimes they help settle for you.

You seem to have paid off the principal amount in some of the accounts. Check your state laws and find out the permissible interests and fees that can be charged by these companies. If you have overpaid, you need to claim for a refund from that particular company. Also make sure that they are licensed in your state so that their business sounds legit.

yes we did open a new account with Wells Fargo..kinda stuck between a rock & a hard place there. My mortgage payment is paid to my father & he banks at wells fargo. If I closed that account & changed banks he'd be asking 50 million questions and I really don't want him knowing about this whole mess.

Okay, just be REALLY careful. And I would not keep all my money in that account. Maybe open another account at another bank and only use the WF account for the mortgage payment?

I did check the state laws & from what it looks like the fees can be no more than 15.00 per 100.00. Most of these places are charging 30.00 per 100.00. I get confused on the interest rate however.

It doesn't matter - In NE if the companies aren't licensed to lend BY NE, they are lending illegally. They cannot collect interest.

lmk, what state are you in? It looks as though some of your ipdl's are not licensed/legal anywhere. I'm just throwing my 2 cents in here just by looking at the names.

LMK is in Nebraska.

Yes, planning on opening an account with another bank for our checks to be direct deposited to. My apologies for disappointing you on keeping an accoutn with Wells Fargo.

Don't apologize! You have a good reason for keeping one there.

thanks! I'm going to be filing my complaints this evening. As soon as I get the example letter from cannr...I'll be sending those out asap as well.

Great - You are off to a good start!

I wouldn't have been able to do as much as I have without your help & the help of this site! Thank you so much for all your guidance and knowledge...everyone here has been helpful & kind. I haven't felt this sense of relief in over 2 years.

That is what we are here for! Just wait - In a couple months you will be free of these places! That is when the real celebration starts! :D

lmk, is your account already closed? Make sure your bank account is taken care of before sending the letter. Once they get the letter, they're going to pounce all over your bank account. Be sure it's safe before sending the letter. Also, here's what I come up with regarding your loans. A couple of them I never heard of, so don't know if licensed or not.

Eastside borrowed 600/paid 837.50/OVERPAID 237.50
(not licensed)
NLS borrowed 375/paid 340/owe 35.00
(never heard of this one)
VC Funding borrowed 300/paid 540/OVERPAID 240.00
(don't think you'll find this one licensed)
PayDayCashLink borrowed 300/paid 180/owe 120.00
(never heard of this one)
ACC borrowed 300/paid 405/OVERPAID 105.00
(never heard of this one)
Upfront borrowed 250/paid 375/OVERPAID 125.00
(don't think you'll find this one licensed)
Zip Cash borrowed 500/paid 450/owe 150
(don't think your find this one licensed)
One Click Cash borrowed 350/paid 0/owe 350.00
(this one is totally illegal)

These amounts are based upon principle amount only, meaning these amounts are based upon the pdl's not being licensed.

So, you basically need a letter to cover all angles. Overpaid/owe towards principle

Okay. :D

LMK is working on the account - Can't close it while it's negative and banks at WF, the devil. But LMK does have another account open and the direct deposit is switched, so they will get their paycheck.

As long as the pdl's can't get her money. I hate to send the letter & they jump and try to debit every cent they possibly can. If it's in the negative, they're not going to get squat, so that's cool. This is the account the pld's have, right? The "negative" amount one?

Yep

Letter on the way............... :wink:

Thanks!

Thanks guys! cannr not sure who or what NLS stands for but ACC is American Consumer Credit. Goudah said he checked and none of them are licensed in NE. I checked this am on the registry for NE & I didn't fine them either.

lmk, cool. I just like to make sure I'm "up to speed" on what's going on before I jump in! I'm getting ready to leave work and go home. I will have your letter to you. Hang on, okay? :D

I'm a hanging! Send away!!

BTW - I'm a she . . . .

Thanks for clairfying...hard to tell by the screen name...my sincerest apologies!! I'm referring a friend to this site...she's in the same boat I am.

Great! The more the merrier!

lmk - get your messages. If you have any questions or problems, just let us know. :D Also, if your friend does decide to join the forum, please ask her to sign up as a member, not just as a "guest" so she can get messages. Also, ask her to post all the necessary information so we can help her. Every individual is different and handled as just that. Every situation is unique. We can help her out. Just make sure she gives the requested information & we'll be here. :D

lmk, you should be set now. If you need anything else or have any questions, just post! :D

And please also give us updates on your situation . . . . Any victories :D or problem pdl's you are dealing with. We can celebrate together, or figure out another approach to take.

Goudah I'm still learning how to manuever this sight..did you get my last reply about the lady who helped us at the bank. I wanted cannr 2 see that message at well...thought it might get a chuckle.

I don't see any message from you . . . . How did you send it? Quick Message or PM?

I sent a quick reply

I didn't get it . . . . Maybe try again?

Thanks again to both you & cannr for all the help & encouragement. The lady who helped us at the bank yesterday said she owned a check cashing business. Hubby & I thought that was pretty hilarious..we gave her the cease order for one click cash..she looked as white as a ghost. Wonder if we have her questioning if what she is doing is legal...ha ha ha

Wow! That is funny! :lol:

She owns a check cashing place???? OMG! I know you guys think it's funny, but I swear, I probably would have had a cow right in front of her! OMG! Okay, she's working at a bank, helping people close their accounts out due to pdl's, and she owns a check cashing place? OMG! :shock: As long as you got your checking account taken care of........that's all I'm concerned with. But....... OMG! :shock:

Cannr I think u misunderstood...we didn't think it was funny that she owened a check cashing facility...we thought it was funny when we handed her the c & d order for one click cash & she turned white as a ghost. Now THAT was funny! OMG was the first thing that came to my mind when that came out of her mouth.

Hey everyone! I got all my letters mailed (certified) & all the emails sent out last Thursday. I have only received 1 of the signature cards back so far..from One Click Cash. The only emails I've received are from Payday Cash Line, Eastside Lenders, and Upfront Payday and they all pertained to their returned debits. Nothing so far acknowledging the c & d letters via email or usps. When should I file complaints with the BBB, FTC & AG? Thanks Lisa

I would file them asap.

Ok will do. I'll see if I can get them done here at work..if not I'll get them done tonight at home after little bug goes to bed. I wasn't sure in what order the complaints should come. Do I mention in the complaints that I've sent C & D letters out?

I would mention all the facts - When you took out the loan, how much you've paid, for how long, all the steps you have taken to get the pdl to comply with the law, etc.

Just be honest. You don't have to go into why you took the loans or anything like that. Just the facts.

That's why I was questioning when to file them. I didn't want to jump the gun & just start filing them when I hadn't heard a reply from the pdl companies yet. I didn't want to seem like I was just filing complaints just for the sake of filing them. Does that make sense?

That makes sense, but either way, the pdl is not following the law and your state needs to know of it. You can always update the agencies with the pdl's responses.

I just got an email from customer service at cashadvance.net saying that they don't show me owing them any money. I had a 375.00 loan with them...I have paid 340.00 & still owed 35.00...should I consider this a pif??

I would print it out and keep it . . . . If they are saying they show you owing nothing I would go with it!

Congratulations!

Oh yea...I printed it...I'm going to attach it to my C & D letter & the NDBF complaint. I'm an organization freak! 8)

Hey, organization can really help with this stuff! You need to have documentation of everything you do, so that's a big plus! :D

I know you're right. On my c & d letter I gave the pdls the 25th to reply. If I don't receive any replies by this evening I'll get my complaints filed w/the other agencies.

Companies count on you not having or saving paperowrk! I know one of my CA was dumbfounded when they learned I had kept notes of every conversation,dates, names etc...KAren