This forum has given me real hope over the last several days

Welcome to our forum...and we are glad that you have been reading here. OK...In PA internet loans can be legal depending on whether or not they are licensed any where. So you will need to look up each one, find the state of origin and then check on that state attorney web site to see if they carry a license. If they do then they are considered legal and you will have to contact them to make arrangements to pay off the loan. That said if they are illegal and not licensed you must send them a letter revoking their right to debit your account (because they will continue until your bank freezes it)and revoking any wage assignments. You will also give that letter to your hr person at work to prevent them trying to assign your wages. I would also suggest you contact your bank and explain the situation. Unfortunately this happened to me and I ended up be responsible for the total of nsf's I had. Please post any other questions you may have....

Oh, t, I'm soooooooo sorry. You have been ripped off big time by some unlicensed/illegal companies. You poor thing. I can just glance and tell you off hand that some are not going to be licensed/legal. Let's see....

ameriloan - unlicensed/illegal
Quickest Cash Advance - unlicensed/illegal
500FastCash - unlicensed/illegal

CashNetUSA will be licensed/legal - you will have to abide by their state pdl law.

I don't believe Magnum is; however, I can not say for POSITIVE, so that one would need to be checked on. Same for Impact and Apple. My Loans USA and PayDayLoanYes will also need to be checked on.

But right off, there are 3 illegal and 1 legal so far.

I totally understand where u are coming from. I too got way in over my head and everything that I made went to these pdl companies. I was so stressed and i did not know which way to turn. By chance I found this web site and I have read and listened to the advice these awesome people have given me. Follow what they say and some of the stress will be gone although it may never be gone until everything is taken care of. i am going to follow whatever these knowledgable people say because i was not able to do it on my own. Hang in there it does get better

Thank you guys - I'm in panic mode - any suggestions where I can find the state of origin for these companies? I looked through my loan documents and don't see anything - except for Apple which looks like it might be Delaware. But on the Apple site there's a link to 500Fastcash which you say is illegal....

Hang tight someone with more expierence than I will be along shortly to help you. I know that this is frustrating and you feel lost but believe me with this community there are alot of knowledgable people on here.

You will get lots of advice on how to handle these places. Have you tried doing a search in the search box for these places? I would try that and see what you can find...hang in there someone will be along that can help you with your state laws.

I am speaking from expeirence it will get better just hang in there.

ladybug

DO NOT PANIC! :D We can help you! Hang on!

ameriloan
3531 P St NW
Miami, OK 74355

Impact Cash LLC
1551 Renaissance Towne Dr # 560
Bountiful, UT 84010

Quickest-Cash-Advance
515 G SE
Miami, OK 74355

500 Fast Cash
515 G S.E.
Miami, OK 74354

Cashnetusa
Cashnetusa.com
1600 W 7th St
Fort Worth, TX 76102

CashNetUSA
1600 W 7th St
Fort Worth, TX 76102

Although from what I understand, they are licensed pretty much everywhere.

Is 500 fast cash part of MTE?

500 Fast Cash, ameriloan, Quickest Cash Advance, One Click Cash, many, many, many others are all d/b/a's of MTE Financial. Unlicensed/illegal. They have so many d/b/a's that you can't even laugh about it.

I'm also showing the "mysterious" My Loan USA as a d/b/a of MTE Financial. Could be wrong, but probably not. :shock:

Global Payday Loan, LLC
Payday-Loan-Yes
PO Box 572037
Murray, UT 84157

Apple Fast Cash Personal Loans
Fast Cash Personal Loans
1010 Concord Ave Ste 204
Wilmington, DE 19802

taopooh24, I hope this helps you! :D

Thank you so much. I feel like such an idiot - I'm sitting here crying my eyes out - I've felt so alone in this whole thing for so many months. Thank you.

please don't feel as though you are going through this alone, we have all been through this before. so if you have any questions please don't hesitate to ask...

taopooh, honey! I can't tell you how many times I sat in front of the computer and cried my eyes out because someone helped me! Please know that we are here to help you! If you need ANYTHING else or have ANY questions, you just post them, okay? We will do whatever it takes to help you. You are not alone. You are now with friends who understand. :sun:

I am so excited about this site! I'm not much of an online chatter or anything - but I truly feel a real kinship here already...
Really busy at day job & on Tuesdays I work 2 jobs, so I'm ready to buckle down & get going now. I'm a tad on the non-confrontational side (translation: wuss) & not sure what to say to these companies. Had my first phone message today - from Apple. Are there any sample letters here (I think I saw one somewhere that addressed the illegal companies) that would help me word what I want to say? Two situations - one for anybody I'm not planning on paying, for overpaid reasons and one for those I'll pay when I can. And, I guess, they'd both have to cover "don't call me at work, don't call my references, etc......". Thank you so much for your encouragement.

We are glad that you found us. There are alot of knowledgable people on here, all of us have been where you are right now so do not even feel bad.

ladybug

Tao, here is a link with a sample letter to look at. You want to send this USPS with certified return receipt. You can also e-mail and fax them. Being non-confrontational, you do not have to talk to the companies, in fact try to only communicate in writing. If they call and you can't avoid talking to them, take a message for yourself and then reply to the call in writing. Here is the link :

http://www.debtconsolidationcare.com/paydayloan/about38349.html

If you have any questions please post.

taopooh, just change the wording for each pdl. Change it to fit each individual situation. If you have overpaid, change the dollar amount and then demand a refund. If you have paid the principle, change the dollar amount, and state you have paid the principle amount and demand a "paid in full" letter from them. If you have not yet paid the principle, change the dollar amounts and only agree to pay the principle amount of the loan. Any questions, just post them! :wink:

I had emailed the Banking Commissioner's Office in Delaware regarding my Apple Fast Cash loan. I had stated that I had borrowed 700 7/3 - it has been extending every week since then, I have paid 539.86 towards the principal & 1019.93 in interest/fees. She quickly replied & asked me to call her. She seemed to be very interested in the fact that I never re-signed for the loan. She asked me to email her again with my request and to include the loan number & stuff. She wants to request my file from Apple (Aple) to see exactly what they are doing. Just had to share....! Also received my first email from Ted Atkins yesterday - now I really feel special!

WhooooHOOOO you are on your way...It is wonderful when you send in a complaint and someone actually acts on it..it makes all the hard work to get these dealt worth very much worth it...keep us updated on this...

taopooh! I'm so excited that the Banking Commissioner's Office in Delaware has jumped in here and is interested in helping! This is awesome! :D

that is so encouraging. i will promise you that this site will turn you from a "wuss" to a superhero! :lol:

I'm now to the forums and I was wondering what website do I go to in order to find out if the payday loans are legal or illegal. By the way I'm in Texas and my husband and I have loans with Cashnet USA, US Fast Cash, and we both have one with 500 Fast Cash

i filed complaints with the BBB and Attorney General on Global Payday Loan...they were unresponsive to me and to both the BBB and Attorney General...the BBB extended the deadline one week...but still nothing

Myloansusa is LEGAL. They are licensed in Illinois, so it would depend on what your state says about whether or not the lender must be licensed in your state from what I understand. Maybe someone with more knowledge could speak to that. Their address is as follows:

Myloansusa
P.O. Box 5194
Vernon Hills, IL 60061

I believe they are licensed as Mountain Partners in Illinois.

Sorry everybody, must have gotten logged out.....the above post was me.