Help with PDLs
Date: Tue, 09/25/2007 - 19:34
My name is Tanya and I live in Illinois, I basically want my paycheck back and to be cleared from the pdls.
All internet companies:
Paychecktoday $300 loan paid $270
All Credit Lenders $900 loan paid 933.70 will have paid $1333.72 after 10/1 they will deduct 3 payments I missed when account had negative balance. This company is located in Illinois, and also have wage assignment signed with this company.
cashavance.net $300 loan paid $273
I would like to know how to get cleared with these companies.
Someone with more experience than I will be along to advise you
Someone with more experience than I will be along to advise you on what your next step should be. Do not worry we have all been where you at..it will be allright. :wink:
ladybug
Tanya, Welcome!!!!! First off, you need to revoke that wage ass
Tanya,
Welcome!!!!! First off, you need to revoke that wage assignment ASAP by writing a letter to your payroll dept tomorrow saying that you revoke it. Keep copies of all documentation that you send, because trust me, the PDL will try and collect on it.
You have almost paid back two of your three PDL's and have overpaid one. Close your bank account if you can and get a new account, and DO NOT give the number to anyone. Trust me, you will be glad you did. This is the only way to start PDL recovery. If you can't close your account, at least see if you can get an ACH block on it, which will block all electronic debits.
thanks for all the quick replies. I will try the ach block but I
thanks for all the quick replies. I will try the ach block but I tried closing my account and was told that while it is negative I wouldnt be able to close it and reopen a new one. With an ach block that means that my other bills I pay, like my card would not have access to do a ach correct?
Yes, Tanya, you would have no debit activity on that account. B
Yes, Tanya, you would have no debit activity on that account. BUt it will keep your account from going farther into the negative. I suggest you open an account at a different bank if possible. Most of the members do to ensure the accounts can not be linked..they will not take $$ out of the new account to pay on the old one.
I will do that asap. Is there a sample letter to stop the wage a
I will do that asap. Is there a sample letter to stop the wage assignments available?
TAnya, if you feel comfortable enough you should register. This
TAnya, if you feel comfortable enough you should register. This would allow us to send messages to you such as letters. FOr now, you can do something as simple as: I, your name, hereby revoke any and all wage assignments I may have signed. Your name and ssn. Put the company name and address at the top. Be sure to give copies of these to your payroll person.
My apologies, I had already registered, I just wasn't signed in.
My apologies, I had already registered, I just wasn't signed in.
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trr, at your bank, don't just do an ACH block. Do a hard debit block. Not just ACH block. The pdl's will realize that their debits are being rejected and then put through an electronic check instead. You need everything blocked. And as roxy stated, yes, that means you're blocked too. You can not write checks, use your debit cards, etc. You need to stop all activity on that account. Do you need any other information? Any information regarding your pdl's? Contact information? Etc.? Please post and let us know.
Alrighty I will be doing all the above. As far as what I have al
Alrighty I will be doing all the above. As far as what I have already paid to the pdl companies, how do I let them know that I have either over paid or have paid xx amount towards the principle like I saw in other posts, but it wasn't really clear?
Sorry for all the questions.
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Also, make sure I have this right:
Paychecktoday - borrowed 300/paid 270
All Credit Lenders - borrowed 900/paid 933.70
Cashadvance.net - borrowed 300/paid 273
All Credit Lenders? They are in Illinois? You have a wage assignment with them?
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Paycheck Today
515 G SE
Miami, OK 74355
Telephone: (866) 756-0600
Fax: (800) 671-0131
paychecktoday.com
This is a d/b/a of MTE Financial. Illegal. You have borrowed $300.00. You have paid $270.00. You only owe them $30.00. They will not agree to this; however, it is a fact. They are an unlicensed/illegal company. What they are charging you are illegal/prohibited "rollover" fees. You owe them $30.00 only.
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Cashadvance.net - do you have an address on them or a phone number? One that comes up is also a d/b/a of MTE Financial. However, I can not be sure since there are others with a different address. I need a little more information on this one if you have it.
cashadvance.net goes under the following as well: National,
cashadvance.net goes under the following as well:
National, P.O. Box 5813, Wilmington, DE 19808.
Payday-advance.com
Voice: 1-877-995-1400 Option #7
Customerservice(at)Payday-advance.com
All Credit Lenders? They are in Illinois? Yes, I found that out after I applied for an online loan. You have a wage assignment with them? Yes
For All Credit Lenders the address I was able to find is: CMK
For All Credit Lenders the address I was able to find is:
CMK Investments dba All Credit Lenders
PO Box 589
Plainfield, IL 60544
I read on another post, while doing a search, that All Credit Le
I read on another post, while doing a search, that All Credit Lender is an installment loan company. I had a question in regards to that based on the Illinois laws would the amount of interest paid still apply, basically I would be paying a total of $2700 for a $900 loan.
