Need some serious help

Hi and welcome to the site. At the moment you are at a good place with these loans. I understand what a hardhip all this is for you. It is possible that you have paid off some of these loans and do not know it. Sometimes internet loans are illegal in some states and over charge their customers. Please check back today and someone with more knowledge on this subject will help you figure it out. Also, in the meantime, click on the "free consultation" button that is just to the right of this post for more advise.

Thank you,
James

Good Morning and welcome...I am printing your state Payday loan laws for Nebraska here(just select your state)......You may be able to handle these all on your own...many of us have...
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

What does this mean?

They can only charge you 15% of the total check amount in fees.

Loans cannot be rolled over.

Internet lenders must be licensed in NE to be lending legally


Please check with the Nebraska Dept. of finance and banking to see if any are licensed...if not you would then just owe the principle and we can help you with letters, complaints, etc.

Looking at the loan companies I would be surprised if any of them were licensed.

Nebraska has recently been taking action against unlicensed internet payday loan lenders. Please file a complaint with the NDBF.

bigr- I know that ameriloan is not licesned in the state they are located which is Nevada so they are for sure illegal. Since you have paid only 180 on a 300 loan I would say you owe 120 more. If you have had a loan with them before and have overpaid that one,I would let them know that they can use the money you overpaid on a previous loan to make up the difference. That's what I told MCN(Mycashnow) and they haven't bothered me since. But that is what I would do since Ameriloan is illegal. What pdl companies have you had previous loans with before? If you had overpaid them alot on previous loans and they are illegal it might help some of the one's you have paid down already. Just let us know and we will help .

All of my previous loans have been with the same companies, and I assure you over time that I have paid more than enough to these companies to cover any loans they may have given me.

My question is this, if you write letters, complaints, etc., how do you ge them to stop taking your money while the complaints are being resolved. I am sure that none of these lenders are licensed in Nebraska and that I can get them to stop, but what do I do during the process?

Thanks for your help.

Read this thread:

http://www.debtconsolidationcare.com/paydayloan/close-account.html

It has information about how to protect your bank account from these places.

I called my bank and told the woman in accounts what was going on , that the payday loans I had were not legal and were overcharging me. So I told her not to accept and ACH's on my checking account. She told me she would only accept written checks that I have signed or wrote my self. This took care of things. The pdl people tried debiting 2 more times after that and then gave up. ameriloan was the only one to submit a paper check even after I told them my account was closed. But the check was returned and I have heard nothing since. What I would do is email and fax a letter to all the pdls and let them know that your checking account has been closed- you can find lots of letters on here to use as a guide to help you make one that's right for you. Let them know your intentions of paying off what you owe , when/how much you can afford to pay if they are a legal pdl. If they are illegal I would just let them know the account is closed and that you have already paid what you borrowed plus fees and interest and that you want your account marked paid in full. Hope I didn't confuse you too much!

I think that was well said stanner! :D