I dont know if I am doing the right thing

Welcome Blue...there are many people here that can help you!


Can you put a hard debit hold on your account that your DD is going into? Let your DD go in, take out the $ and put it into the other account and then close it! In the meantime, arrange to have your DD go to your other account.

Someone will be along soon to help with the state laws....

Blue, Welcome..I am assuming Checksmart is a storefront. These you will have to continue to pay. Your best bet is to contact the company and try to work out payment arrangements with them. Do as Volley says and get a hard debit block on your account. If your new account is at the same bank, you need to get in writing assurance that the two accounts will in no way be linked. So when you go negaive in the first account, they will not take money from the new account. Here is the state law:

state info here
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

Blue, What this means to you..The internet loan site is not licensed in our state because internet lending is prohibited in our state according to the Kentucky Deparment of Financial Institutions. At this point I am going to let you take in all this information and ask any questions you need. Roxy

Sorry its taken a while to respond, I am currently at work and reading between interviews, and I am so exhausted from all the stress that I cant think straight anymore, I am going to reread everything and then figure out what questions I have from there

Kati- please read this link before you close your account at http://www.debtconsolidationcare.com/paydayloan/close-account.html it will give you some info to consider.

The store front ones, like Roxy said, will have to be taken care of, as they tend to follow the rules and also tend to sue. See if you can make a reasonable payment plan with them.

The store fronts I had really did try to work with me, I also went there in person and talked with them.

If you have any questions, please ask..KAren :D

I planned on taking care of them, as far as trying to get them to work with me, I had tried before when I was really short on money because 5/3 had hit me with a bunch of fees and they stated that they coulndt do anything about it.

5/3rd bank should be out of bussiness. what a bunch of crooks.

I am not happy with them, I swear I have lost at least $1000 to them in fees if not more, I have new accounts at Washington Mutual and so far havent had a problem with them even though I havent really used my account too much there. In all honesty it would be better for me if 5/3 were to return the outstanding payday loan checks, it would actually be a lot cheaper because checksmart only charges $4 for a returned check

Blue, have you tried talking to checksmart manager or district manager? I have read posts where people have had better luck this way. Also have you already had checks returned to checksmart for insufficient funds? I have also read where people have had to wait until their check was processed and returned before the storefront wouls help them. I am sorry I can not be more help, all my pdls were internet. I am soory you are having trouble with 5/3 but am happy you opened your new account at a different bank. Hopefully someone else will be along soon with better advice about dealing with the storefront. As for the internet pdl...they are good for trying to assign wages..you need to do a simple statement to your human resource department revoking any wage assignment you may have signed. You simply put the name and address of the pdl and the statement"I am revoking any wage assignment I may have signed" and sign your name. I know this is alot so I will stop here and give you time to read and ask questions if you need to. If you ned anything at all, please ask us. Roxy

no i havent had any checks returned to them the i think it was the store manager was the one that told me that the return fee was $4 and its posted in the store. lLast time I had a problem they really didnt seem too interested in helping out and trying to work with me. 5/3 usually seems to pay then and then charge the you know what out of me for paying it. I know things will get better it just seems like it will be forever.

Blue, hang in there. We will work on the storefront thing...You work on the 5/3 bank thing. Other members will be reading this and may have another idea on how to deal with them. Atleast try to get them to block debits from your account. Get with your payroll department about your direct deposit and stress to them they need to do this asap. Also be sure to give them your letter revoking the wage assignments. I was worried and did not want to tell my payroll person so I told them my bank account was being illegally debited and I was giving them this letter to protect my bank account. Let me know if I am going to fast for you..... Roxy

Hang on, blue. You have 3 pdl's. One is a store front in Kentucky. One is a store front in Ohio. And one is an internet pdl. Am I correct in reading this? And you're not sure of the internet pdl being CashNetUSA or NetCashUSA. There is a difference between the two. We need to know which internet pdl it is. Also, how do you have a store front pdl in Ohio? I understand you reside in Kentucky. However, did you reside in Ohio at one time and that's how you got the pdl in Ohio? Or did you go to Ohio and get a pdl? Please clarify this information for me, as it might make a world of difference. Also, find out the correct name of your internet pdl. Your 5/3 account, you need to close. If you already have a new account with a different bank, why is your 5/3 still open? Did you just recently open the new one? Are you waiting for your direct deposit to start? But your next deposit is going to 5/3? Please respond to these questions. I know it seems as though I'm asking a lot. However, I live in Kentucky, I have experience with store fronts, and I have experience with 5/3.

The internet loan is thru cashnetusa, and the checksmart in KY recommended getting the one in Ohio to help cover what I was short from fees from 5/3 screwing with my account, and like an idiot I did it. So yes I went to Cincinnati and got the Ohio loan. I have only had the WAMU account maybe a month and havent had a chance to switch my direct deposit over due to the craziness that has been my job lately. But since I am finally off I am going to make a call to HR tomorrow and see if I can maybe pull off a miracle and get Fridays deposit to go to the new account and not the 5/3 account.

Hi Blue...oh yes, see if they can change the direct deposit. I wasnt able to change mine in time but I logged onto my account the morning of payday and saw that my DD went in but the pdl's had not yet posted their debits. I ran so fast to the ATM, took out my $$ and then closed my account.

I'm hoping its not too late but I am employed by the State and god knows they are very fast to do things so all I can do is keep my fingers crossed that it can be done.

Well, Kentucky & Ohio laws are pretty similar. I'm posting both for you to see. Your bank account with 5/3 is going to be screwed regarding bank charges/fees. If you can't get a block put on it or anything, they're just going to rack up on the bank fees. If your direct deposit is still going to 5/3, do like volley said and suck out every penny you have before the internet pdl hits. You're going to have to pay the bank fees to 5/3 unless you close that account out or put a block on it. I had 5/3. I had a block put on it. They messed up, but they fixed it. After a little fighting, of course. But they reversed everything and reversed all the bank fees off. Your internet is not going to be licensed/legal in Kentucky. However, they're still going to attempt to debit your 5/3 account. You can close/block/etc your bank account in Kentucky if you have store front checks out. The store front will either hold your check for up to 1 month (and hound the hell out of you) and you can pay it in full, or they can hold your check for you and you make payments on it until it is paid in full, or they can turn it over to collections - you can make payments on it, or they can turn it over to an attorney - you would then have the check amount plus the attorney fees to pay. However, whichever avenue they chose, you can make payments. They will turn it in at least once (I believe in Kentucky they can only turn it in once) and get a NSF before they will arrange any kind of repayment with you. They will want it all, but too bad. You will have to be firm with them & tell them there is no way you can pif. They'll try anything (just like the store front that told you to go to Ohio to get another pdl). Stand firm. Now, as to the Ohio store front. There's something that is different. Their law does not state "criminal action prohibited" as our Kentucky state law does. What will that store front be able to do once your check isn't covered? Don't have a clue. Your best bet is to call the contact information on there for questions/help is to call the telephone number listed on the Ohio state pdl law and ask them exactly what happens if your check is returned for NSF. I don't know what legal recourse Ohio store fronts have if your bank rejects their check. I'm posting both Kentucky and Ohio state law for you. If you have any questions regarding any of this, please post. :D

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

You will find the Payday loan laws for Kentucky here (just select your state),

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

Blue - you might see if it is possible for your employer to issue you a paper check until you get the bank straightened out. If not, the fees are going to eat you paycheck up. Just a thought.

Sorry its taken a bit to respond, Directv was out checking my cabling because I had been having problems, and I am still so exhausted from working, and stressing out over all this because I cant sleep due to worrying. I am thankful I have today and tomorrow off work so that I can try and at least maybe catch up on my sleep a little bit so that I feel a little more human, my poor cats have been freaking out because I have been so stressed out so it makes it difficult to try and think about getting anything done. My parents dont know about the mess I am in and I am trying to keep them from finding out because they have enough to worry about with helping my sister. Thank you everyone again for the advice it is very much appriciated.

Hey there Blue...were you able to talk to your employer about your DD?

I have been there, along with about 99% of us here...no sleep, stress, etc. It will get better..right now you need to work on getting some $$ into your pocket and taking back your paycheck.

I havent yet, trying to get thru to somebody down in Frankfort is difficult at best, I may have to shot for having my next check switched over to the new account.

Your deposit goes in on Friday? I would check as early as you can on Friday AM and go get your $$!!

That is probably what I am going to end up doing. Since directv is gone now and the furballs are being quiet I think I am going to try and take a nap for a bit so I dont feel quite so much like a zombie.

Get some rest! :) It will do you good...eat something too.

check in later and let us know how its going :wink:

Hell, I'd be there at midnight when it posted to my account sucking everything I could out! LOL! :lol:

OOOhhhhh!! Mental picture of Cannr in her pj's and a hoodie stalking the atm in the middle of the night putting wads of money in her pockets!!! :lol:

...and looking verrrry suspicious! 8)

Lol, I can't sleep my mind is still going 90 to nothing with everything, unfortunately my deposit doesnt post till like 4 am for whatever reason, Working nights I have such a screwed up schedule that I know thats about when my deposit goes in to the bank. I dont know if thats just when 5/3 posts it or when the state finally sends it.

Okay, you guys think I'm kidding here. :wink: I have been at the 5/3 ATM machine in my long t-shirt (yes, that's my jamies!), my slippers, with nothing but my wallet and car keys in my hand getting every dollar I could out! Blue, 5/3 usually posts at midnight. However, if it's not showing at midnight, it's probably your job making it wait. I've been at the ATM in the middle of the night wearing just a t-shirt. I'll let you know if I get arrested for "indecent exposure" while at the ATM one night! LOL! :lol:

Cannr- if would be right there with you if I had the experiences you had. It still is a cute mental picture!! If you call us we will post bail. :lol:

Lol, if its after midnight I am usually headed for home as fast as I can, my job isnt hard but it can be very draining mentally and emotionally at times. So I dont even think about going to the bank to get money even though I drive right by there on the way home Lol, maybe I need to start.

Hopefully the county shes in has a preset bond if they arrested her for indecent exposure :) so she can get bailed out of jail, and not have to wait. :)

blue-Go this Friday Am at midnight or as early as you think your $$ will post....get it out of there! Just think how much better you will feel once you have $ in your pockets and the pdl's cant get to it. Its exhilirating!

I just know I will be extremely happy when I have all this taken care of and can go forward, I am thinking about getting a second job for now so that I can try and get caught up and maybe even get a little savings built up, and I am never going to do a pdl again, its not worth the headache, as for the rest of my debt on my credit report I got into a debt management program so that I can get it taken care of once and for all and finally start getting my self back on my feet financially. I just wanted to say thanks again for all the advice and feedback from everyone.

The last post that says guest is me I just forgot that I wasnt logged in.

Blue, Any time. This week I received my second pay check which was all MINE!!! It was awsome. Please get your money so they can not take anymore. If you need anything else let us know. :D

Thanks, I am starting to stress again because I have had the evening to sit and let this dwell in my mind, I really should try to find something to distract me and probably should eat something since I havent all day, though I dont exactly have a lot here, I have always made sure that the cats have food before I worry about myself.

Blue, It will be ok. I know right now you are not sure if you are doing the right think however, when you get that first pay check that you get to keep, it will all be worth it. You will realize you are in control and it is great. And if you need something we are all here for support. Roxy

Thanks and I really apprieciate it, I have been stuck on the merry go round for almost a year now and I am trying to visualize how its going to feel to be off that merry go round

I'm with ya Blue, I was feeling the same way!!! I have been a member since last week and I have already got Whistler/Xpress Cash and B&L Marketing to give me PIF and getting some refunds, yay!!! And I can't wait to actually look at my first complete and whole paycheck on Friday since I haven't seen one in a 1 1/2 year!!! Hang in there, they are really helpful on here!!

blue, honey, you are worrying yourself sick! Please do not do this! Do whatever you have to do in order to get your paycheck (even if it means standing ****at the ATM machine at 3:00am). Do not let these illegal pdl's get you down. I know it's easier said than done because I was looking at my shower rod one night wondering if I could hang myself from it during all this crap! And, what am I doing now? Helping people like you and others who are in the same boat. Do not worry yourself sick or sink into depression. You are now at the place you need to be. You, too, will get a full paycheck and actually be able to feed your kitty cats and also yourself. You won't be consumed with this pdl crap. You will feel better. It's a process, but it works. You have no idea how many people are behind you here. We can help you through it all. Between all of us here, we've done it, seen it, been there, done that, heard it, read it, sent it, etc. Someone will have an answer for you! Rest easy just knowing that.

[color=Red]****Adult term removed - Jason[/color]

Sorry I have been quiet on here most of the day, I have just been trying to get some work done around my apartment that I have put off due to the craziness that is my job. I have also spent part of the day debating about whether I should tell my mom what is going on and see what kind of feedback I get from her. But I am scared to tell her whats been going on because I know she is going to freak out, because I was so dumb and got caught up in the pdl merry go round and havent said anything to her before about it, shes authorized on my checking and savings accounts at 5/3 because she makes my car payment so my dad doesnt freak out because he cosigned on my car, my 5/3 account is currently negative and part of my check tomorrow will cover that but I also have a car payment and student loan payment due out of this check and normally move that money to my savings account so she can take it out, but my worry is that she wont take it out right away and something will try to debit and that money will get moved back to my checking account to cover that and then I really will be screwed. Not to mention I havent paid my rent yet and have no idea where I am going to get the money to do so. Any advice or feedback would be appreciated.

blue, shit. Honey, I hate to say this but you're going to have to tell your mom. It's going to suck. Yes, she's going to freak out. Yes, you're going to catch hell for it. However, tell her that you're working on getting it all resolved (and you are). But she needs to know since she's part of your bank account and has some control of it. One wrong move on her part or your part could have some ugly results. Once she has her "fit", you can sit down and figure out how to make it work so that the checking/savings thing works out so no more "fees" or negative balances happen. You're going to have to tell her. I wish I could be with you to lend support while you do. But let her vent and have her fit. Then she'll see that there is no other alternative but to sit down and figure it out. So you made a mistake. Look at all of us who have done the same thing. Maybe she can help. If not help, at least you two can work it out to where your bank account will be covered. Let us know how it goes. I'm sorry.

The sitting down with mom has to be done over the phone as she is 5 hours away from me. Its just a phone call that I am dreading, she doesnt really access my checking account so I was considering having her taken off that account so it doesnt affect her but I dont know if 5/3 will do it or not. I know shes going to be upset but I am hoping it wont be as bad because I am trying to resolve it on my own and not run to her for help because I know she worries a lot about my sister and I dont want to burden her with my problems. I have gotten a lot of great advice from everyone on here on how to deal with all of this which I am forever grateful for.

blue, try contacting 5/3 first before calling your mom. If they can take her off, then do it and you'll be able to handle it on your own. I've been with 5/3, but never had anyone else on my account, so I don't know if they're going to "need her permission" to be removed or if they'll just do it at your request since you're on it, too. Call them and find out. Maybe they'll just go ahead and remove her. I really don't know, but I'd call the branch manager (or go there) and ask to have her removed. Now, they may say they "need her permission". Then there's the issue of the phone call..........

I know, shes coming down here the end of the month for my birthday so even if I tell her on the phone she may wait till she gets down here to really yell at me. Oh, well I deserve it for getting myself into this mess.

blue, you made a mistake! Lord! You can't be condemned to hell for making a mistake! And you're fixing it! But if she's anything like my mother, I'd have to hear about it for the next 10 years! LOL! You're taking responsibility in getting this resolved. That shows maturity. She will see that eventually.

I know and I know she will appreciate that fact but you are right I will be hearing about it for a while considering how much she has helped me in the past that I am still trying to pay off with her.

blue, I can totally relate. Believe me, I know you're situation. Been there, done that. So you might have to listen to it until you 85 years old. At least you can work it out and get it settled. It'll suck, but it'll work. I promise.