Pay day help!!!!

David, I am so not one of the sages of this site however, I will try to help you out. :wink: First, could you list which companies you have loans with, how much you borrowed from each and the total of how much you have paid to each. We need to know whether the loan is storefront or intrnet and which state you live in. This will help us give you enough information for you to make an informed decision regarding your options.

They are all Internet loans:
Ameriloan- 300 loan -paid 180.00 to date
B&L Marketing 300 loan- paid 270.00 to date
CMG Group LLC 300 loan paid 810.00 to date
GECC 500 loan -paid 1647.00 to date (not sure if PIF)
UnitedCashLoans 400 loan-paid 1385.00 to date (may be a PIF)
Loan Shop 300 loan- paid 0 to date
Genva Roth 300 loan- paid 0 to date
PIF = Paid in Full
until your question I had not seat down and counted this up, I was just working on the feeling taht this is way out of whack.
The CMG loan has never taken anything from the principle and I am never able to reach anyone there.

Thanks for your insight.
DG

Whoa, david! Hold on for just a second! I'm looking at your loans. Crap! :shock: Your GECC is WAY, WAY, WAY overpaid. I have dealt with them. Your CMG is overpaid. United Cash Loans is WAY, WAY, WAY overpaid. They are a d/b/a of MTE Financial who are Satan :evil: . ameriloan is also a d/b/a of MTE. They will not be licensed/legal (neither is United Cash Loans). B&L Marketing I am not familiar with; however, wouldn't doubt they are also unlicensed/illegal. The Loan Shop and Geneva Roth will not be licensed/legal. david, you have closed your account. Good move. Now, the ones that you haven't paid the principle amount on are:
Ameriloan - unlicensed/illegal
B&L Marketing - we'll have to check on this one
Loan Shop - unlicensed/illegal
Geneva Roth - unlicensed/illegal
The ones you have overpaid are:
CMG Group - nasty and I do not believe licensed/legal
GECC - depends on your state; however, grossly overpaid
United Cash Loans - unlicensed/illegal

We need to know what state you reside in.
With the loans you have, we can help you here. Now, it's entirely up to you as to if you want to retain Langhorne to deal with your pdls. However, 3 have already been WAY overpaid, 3 are unlicensed/illegal, and the other (B&L) we need to check on. So, it's up to you, david. We can help you "fight the fight" yourself, if you like. I just can't see paying Langhorne (my personal opinion only) to make any kind of settlement with these loans when you have overpaid already (by a large amount) and the others are unlicensed/illegal. However, it is whatever works for you. But, if you post what state you reside in, we can look into this further. Believe me, we have dealt with these people. Like I said, david, it is entirely up to you. You took the first step in closing your account, which is the best step to begin with. If you like, we can help you here. Up to you. :wink:

those suckers are really bleeding him dry. :twisted:

Amazing. But not surprising. With luck (and I do mean luck), david might actually get some refunds with some work.

my god, i hope so. when he leaves they will be losing one valuable customer!

cannr,
I would love some help getting out of this mess. I relocated back to New Jersey to care for elderly family and had to patch things together with pdl's and got in a mess.
If I can fix this mess without Langhorne it would be great, guild me great one :)
David

just relax, you will get through this.

Hey David,
Were you living in NJ when you got the PDL's? If not, what state were you in?

Good Question,
I lived in New Jersey when I took out all these loans but the Information used for the GECC and United Loan was based on my Florida income(these were reloans)
David

All payday loans are illegal in NJ I believe. I am sure that someone will post the laws and know more about that. I think that then even if they are licensed it is still illegal in your state.

Okay, david. First of all, you were a resident of New Jersey when you took out the loans to begin with. Okay, there's a plus here because pdls are prohibited in New Jersey. I'm going to post the NJ pdl law so you can see it. When you re-loaned with GECC and United, did you give them Florida information? Or were they still under the assumption that you were still in New Jersey? Either way, even if they do consider it Florida, they would need to be licensed in Florida, which United is certainly not. And I would need to see if GECC is. So, in essence, New Jersey is going to play good on your part because no one would be licensed in New Jersey to loan to you. As far as Florida, the only one we would need to check is GECC. United isn't licensed anywhere. So, we have some things working in your favor here! david, I do believe we can do this. Like I said, it's up to you, my friend!

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

I'm in, so , what's next.
The information used was Florida information because I was "Only" going to be here two weeks, so they used Florida information. My bank is in Florida- BankAtlantic.
Can I open another account with the same bank and be OK?
David

david, you are now "one of us", my friend! And glad to have you here! You can open an account at the same bank; however, just be certain that they will NOT link anything together. Close one out totally and open a new one. Get it from them (in writing if at all possible) that your new account will NOT be touched by anyone (meaning the idiot illegal pdls). There is information regarding closing your bank account. I'm going to post it for you to read. If you have ANY questions at all, and I do mean ANY, just ask. We can get you through this, okay? Hang on and I'm going to post the bank information.

Before you close your bank account due to payday loans eating away at your paycheck, please read this.

Some banks have a policy regarding ach transactions that allows them to force open closed accounts if any ach transactions go through within a certain time frame after the account is closed. This can leave you owing a legal bank $1,000's and reported to chexsystems, instead of owing barely legal (or not at all legal) payday loan companies. Not a good thing. Ask your bank what their policy is on ach transactions on closed accounts before you close the account. It's best to go in person and talk to a branch manager.

If your bank does have this policy, tell them your situation. Don't be embarrassed. Take letters with you showing that you have revoked authorization for each of your payday loan companies to debit your account. Tell the bank to put your account on deposit only, an ach block, or a hard hold before they close the account. Your bank can do one of those, don't take no for an answer. This will prevent any payday loan ach's from reopening the bank account.

It'a always best to close your bank account. Leaving it open gives ways for the payday loan companies to continue to take money out. These companies have many different dba's, so blocking them won't work. They will also produce paper checks and run them through your account. Closing the account is the best way to prevent these companies from taking money out of your account.

Some state laws do allow for prosecution if you close your bank account, but that is usually in cases of fraud. But it's always best to check with your state's attorney general or department of financial institution before you close your account. You want to make sure you are not causing more heacaches!

cannr,
I live in NJ now and the bank is in Florida, so I can't go to the bank in person but I can talk to the manager on the phone. Where could I find sample letters revoking authorization to debt my account?
David

Okay, david. Since you're not going to drive from New Jersey to Florida to close your account (LOL!), I guess you'll have to do it over the telephone! I do so hope they are easy to work with. If you explain to them you have ILLEGAL companies taking UNAUTHORIZED debits from your account, they should work with you. Stress, stress, stress the ILLEGAL and UNAUTHORIZED part. We need to get your bank account fixed ASAP. Now, as far as a letter to use, I have one I would be glad to send to you to use as a "guideline". Do you know how to use the 'pm' feature? We can send messages directly to each other and I can 'pm' you the letter. Underneath my post you will see a little 'button' with two people on it and it says 'pm'. Click on that button. It will go to a page that you can send a message directly to me. Try it and send me a message just saying "hey" or "test" or something. I'll reply to it, make sure that you get it, and then we're ready to roll! Give it a shot!

david, got your pm. I replied to see if you get it. Look over underneath on the side where it says "Chat" and it should say You have 1 message. Click on that and my reply should be there. :D

david, I've got nothing. Were you able to pick up my 'pm' message? If not, you can send me a 'pm' again and give me your email and I can email you the letter you need. Up to you. :wink:

david, got your message! Let me know if you have any questions! Just post or pm. I'll get my pm. And I know how to answer you, if needed! :wink:

Post please because I'm involved in PMing now and it is easier to just keep it all right here so we can all deal with it.

David I had a similiar situation, I had a bank in Idaho and had moved to Oregon. It was confusing and a mess, it would be best to open a new account near you. Just trust me on this... But I did take care of my bank problems over the phone, they send me a check when I finally got my balance back up to postive.

And my suggestion with Langhorne, because I checked into them too. You are already in the process of taking care of it yourself. The fees they charge, to some is worth the piece of mind and not worrying about them calling you, but for me it was too much money because they look at the principal borrowed and not a glace at how much you've paid them back, nor if they are illegal or not. But you could just have them take control over the ones you haven't paid any or very little too, that might work for you....

But take care of the ones you overpaid yourself! And man you did way overpay! It is insane....

david, check your email. :wink:

Thanks guys, got your information and will start the process of emailing, faxing and USPS notification tonight and this weekend.
I have notified my bank to close the account(on the 13th) but they tell me it will take three to five bussness day for that to happen. I just hope they are able to close it out before my payday on Wednesday.
I cancelled my direct deposit with my employer and now I hope I will be able to get these guys not to attempt to contact me at work.
I will ask Three of these for refunds and agree to pay priciples on the others.
Would this be the thing to do?
I paid 810 so far on a 300 loan and noting has been paid to principal.
Paid GECC(CashDirectExpress) 1647 on a 500 loan and paid United 1385 on a 400 loan. They are going to have to tell me NO! (lol)

david, okay, the loans you took out with the New Jersey information, you're good to go with stating that you have paid xxx dollars and the principle amount is xxxx dollars & demand a refund of xxx dollars. ANY AMOUNT over the principle amount is considered an overpayment. If you're loan was $300 and they debited $1,000, then by God, demand a refund of $700! The loans you took out with Florida information, the pdl would have to be licensed in Florida, which I do not believe they are. You may want to check just to be sure. But whatever you've paid over the principle amount is an overpayment. And, by all means, demand a refund. These guys ripped you off BIG time. Now, I can't promise anything as far as refunds; however, once you start filing complaints with the agencies, you might get results. You might get lucky and just get results from the letters alone. But filing with the BBB, the FTC, and your state AG will certainly help. If you need any help with this, just let us know. And, I'm praying to God your bank closes that account - does not allow it to be 'forced open' - and these guys can no longer have access to your money. I do believe they've gotten enough!

You and me both my friend, I not broke but I'm so bent up I can't tell the differance :lol:

LOL, david! :lol: I'm glad to see you have a sense of humor through all this! Lord knows you're going to need it! Once you get control of your money again, it'll be such a relief and then YOU will be in control. That's the good thing. The first step is to always get the bank account to the point to where they can no longer debit. Then we can "fight the fight" with these idiots. While we're "fighting the fight", at least you'll be able to pay your friggin bills instead of them sucking out all your money!

Cannr,
Got letters out to all of my pdl's via fax, email and usps. I got a emial return error from CMG.
Does anyone have a vaild email address fir this one?
I also filed complaints with BBB on CMG, United, ameriloan,Cashdirectexpress, Loanpoint, B7L Marketing and Loanshop.
Because two of these loan originated in Florida and the others while I lived in NJ ,I'm not sure how to go about the AG/Consumer Affairs notification. I still need to look into that.

Lastly, I requested to close my bank account on 11/13 and todate it is still open, I am praying that it gets closed before the 20th when four of these are due.
Will keep you posted, thanks again for all your help.

david, the two loans that originated in Florida, file with the Florida AG. The Florida AG is pretty good about these unlicensed/illegal pdls. So you requested your bank account be closed on the 13th & it's still open? What did the bank say to you when you called? The 20th isn't until Tuesday, so I'm praying to God that maybe Monday it'll close totally(?). God, I hope so. Hang on and I'm going to try a search and see if I can find an email for CMG. I might be able to, I might not. But I'm going to try!

david, I did a search but couldn't find the email for cmg posted; however, I did come across some posts from members who have received email from cmg. I have sent them messages asking for a "working" email address. As soon as I get any responses, I'll post it for you. :wink:

Thanks for the help, I went to a local ATM to check to see if my debt card worked and it gave me a message to contact my Financial Institution, so I am hopeful that it did close and just not show closed on the web site.
When I talked to the bank yesterday they gave me the standard 3-5 day talk, so I explain the delemia to the person, so it must have help them to get it done quickly.
If I can get that CMG email then I know that I have covered everyone.
Thank again for your support.

david, sounds like your account is closed! YES! :D And, I've got two messages out to members that have received email from CMG, so I'm waiting. I promise I will post it for you as soon as I get it!

Cannr,
I filed a compliant with the Federal Trade Commission on FSM/CMG, United Cash Loans and GECC dba Cashdirectexpress.com. Since these guys use the Internet to solicited business it is a federal issue to help stop them from preying on people at their most difficult times (when we are broke). I gave it a shot it might help get their attention (pdl's) to their behavior.
I also files complaints with the AG in Florida on GECC and United the two loans I had out when I lived there, I still have not figured out how to file the AG New Jersey compliant and against who, CMG/FSM is the main one because they are still open and debiting (if not closed)my account. The others I will attempt to make arrangements with them and see how that goes before filing the compliant. I just want to see how they come off so I can have something solid for the compliant.

david, you've been busy! :D I filed with the BBB, the FTC, and my state AG on every single pdl I had. Sometimes you can get results just through the BBB, but sometimes you don't get squat from them. However, I always think it's best to file with the BBB so that the company will have a complaint filed against them showing on the BBB. The FTC is awesome to file with. Yes, they WANT to know this stuff. The state AG will act on your behalf as far as contacting the pdls. This is a good thing. Sometimes just a letter from your state AG will scare the crap out of them. I don't blame you for making an attempt with some to see their reactions before filing a complaint. You might have more to add to your complaint if they decide to threaten you or use any illegal tactics. Hell, file CMG with the NJ state AG. Also, I filed (don't know how much good it does) with ic3.gov on the internet pdls that I had. It covers internet action, so I filed with them also. Hell, I filed with everyone. :lol:

Caanr,
:?: ic3.gov, what that :?:

by the way , I sent an email to "customerservices@fsmprocessing.com for CMG Group, it did'nt come back so I hope it worked :roll:

Well, I hope your email worked! I haven't received any responses from the members I pm'd for a "working" email for them. Once I do, I'll see if it's the same email you used. As for ic3.gov, it's a Internet Crime Complaint Center. It's a partnership between the Federal Bureau of Investigation and National White Collar Crime. They are a reporting agency of any kind of internet "crap", which these illegal internet plds are. You can go to (www.ic3.gov) and file a complaint. Once you are on their "main page" scroll down to the bottom and in huge letters it says "File a complaint". Hell, I filed!

Ya, I found it and will do the same.
thanks again :wink:

david, anytime! If you need anything else, just post or pm me! :wink:

Cannr, I got these from Cash Direct Express:

[quote]Thank you for your recent inquiry.

Please be advised that GECC, Inc., dba Cash Direct Express is as follows:

Cash Direct Express is a lender licensed under the laws of Delaware
Cash Direct Express is not conducting business in the State of Florida
Cash Direct Express does not maintain a location in the Sate of Florida
As was specifically stated in your loan agreement, the loan was provided in accordance with the Laws that govern licensed lenders in the Sate of Delaware. The choice of venue was stated in your loan agreement as the State of Delaware. Our physical location is in the State of Delaware. The loan was approved and funded in the State of Delaware.
In addition, we have modeled our short term loan product to disclose all information available. We believe in being proactive for our customers and providing all pertinent information prior to funding. This step occurs when our customer????????s are presented with their loan agreement. This allows our customers to conveniently view the structure of our product and make sure that they are satisfied with the service we provide and with all provisions set within the agreement. By signing this agreement Cash Direct Express believes the consumer has taken the opportunity to thoroughly review the agreement and would like an opportunity to utilize our service.
If you should have any additional questions or concerns please email us at customerservice(at)cashdirectexpress.com or contact us at 1 (866) 432-2562 Mon-Fri from 8:30am to 5:00pm.
Thank you,
Customer Relations
Cash Direct Express
[/quote]
AND this one from CMG:

[quote]Carmen Hernandez (chernandez(at)oslmarketing.net)
Medium riskYou may not know this sender.Mark as safe|Mark as unsafe
Sent: Mon 11/19/07 12:00 PM
To: (removed.cannr)

RE: Your Complaint

(name removed.cannr) November 19, 2007
Account # (removed)
We have received and reviewed your correspondence regarding your complaint with CMG Group, LLC.

While the information that you have collected may apply to companies that have physical locations in your state, it is our opinion that it does not apply to our internet business model. This is based on sound advice from our legal department.
The money was lent to you in good faith with the understanding that you would abide by the terms detailed in your loan contract. We upheld our end of the agreement by crediting the funds to your account in a timely manner. The Loan Note and Disclosure that you e-signed and thereby agreed to is very detailed and clear so as not to cause any confusion to the borrower, and meets all the Truth-In-Lending and Reg Z requirements as prescribed by Federal statute.

Upon review of your account history, you clearly knew all terms and conditions of your loan. We have all the legal contracts you signed, in which you agreed to terms and conditions of the loan.
In the interest of compromise, your account has been marked as ???????Paid in Full??????? and there will be no further attempts to collect on this account. There will be no refund on your account and no further loans will be offered to you.

Thank you for your time and consideration in this matter.
Respectfully,
And Finally this email from B&L Marketing:

RE: Revoke of Authorization???????
From: B&L Marketing Services (kristala(at)blmsinc.com)
Sent: Mon 11/19/07 9:27 AM
To: (removed.cannr)

Please call us to process your request.

B&L Marketing Services, Inc.
866-656-1136
866-370-7045(fax)[/quote]

I also got a call at work from Loan Shop demanding I give them back their $300, so I asked here to read my fax and email and , please not contact me other than by usps.

the fun has begun, I got my paycheck in the mail today, so I know I have money to pay my other bills and the Bank finially closed the account.
It is a good day!!!!
I have not heard from UnitedCash and Ameriloan (dba's of same company) and LoanPointUSA(Genva-Roth)but I am sure they will be along soon.

I have not paid anything to Loan Shop or LoanPoint, want to wait until I get some contact first, or would it be best to contract them to make arrangment for payment of the prinicipal?

I will keep you guys posted on this stuff.
David

david, first off, YAY! you actually have a friggin paycheck again! Is it not awesome!? :D Lord, you'll be able to pay some bills for once! Great, great news! Now as for these emails that you received - they are all the typical "form" emails. Hell, we've all received them - word for word for word. You'd think they would get creative once in awhile and change the wording! On CashDirectExpress/GECC, I have contact information that you might want "more" than the customer service information. This is for Cash Direct Express/GECC:
Tracy L. Callaway
(302) 737-0926 ext. 302
(302) 737-3873 - fax
tcallaway(at)geccloan.com
Use the above contact information for them. It's one of the supervisors there. In response to your emails received, just reply to them with the original letter that you sent them. The one regarding them not being legal, your state laws, etc. Yes, this is going to turn into some kind of "email game" for a while. But do it. Just keep responding with the same friggin letter you sent them the first time. United Cash and ameriloan (a.k.a. MTE) will be on you soon. Don't worry! LOL! Wait until they send you something also before attempting to contact them. Believe me, they will contact you. Then respond to them with the same letter (yes, I know, it's a game). In the meantime, do not take their calls. Just do everything via email or USPS. You don't want to talk to them. You want it all in writing. So, go ahead and send these yahoo's your original letter again, don't take any calls, and enjoy your first paycheck that you've had in a while & maybe pay some bills, david! You are doing great! Post if you need ANYTHING! :D

Go David! That is awesome. I wish I had a paid in full :(

I like how CMG gives you the same crap like the rest of them and kinda of throws in the "oh by the way here is your PIF" at the end.....

Congratulations David. Good Job!!! :sun:

Congrats David. I need help too. Can you send me the letter you sent to the companies?

Neisy, all of us would love to help. If you tell us more about your situation we will try to guide you in the right direction.

I have so many pay day loans that I started losing track....pathetic i know. I live in PA and a couple of the companys I deal with are the same as David. I will gather them and let you know.

Neisy, when you come back, go ahead and start your own thread so we will know where to find you. List the company, ammt borrowed and total ammt paid back to each company. I had nine so do not feel bad. Also, when you return, you should consider registering and sticking around awhile.

Cannr,
I recived a email from GECC agreeing to a PIF but the account was already paid in full last payday, I also got a email from the Loan Shop asking me to sign a new authorization :roll:
FTC sent verification that they have logged my compliants on CMG, GECC and United and the BBB informed me that they are contacting United for a reply.
Waiting for Loan Point and ameriloan.

David, congrats on the PIF....even if you paid for it. United told the BBB they never heard of me but atleast they replied. Took awhile though..Guess you are on your way.

david, okay, I'm really glad that GECC marked you PIF; however, I have a huge issue here. GECC is not licensed in Florida. In all actuality, they would be considered an illegal pdl. So, they marked you PIF, which is great; however, you have overpaid them $1,147.00! You paid $1,647.00 for a $500.00 loan! Hell, yes, you're paid in full! You need a refund, my friend. Of course, GECC will kick and scream regarding that. But here's what you can do. You can email the contact person I posted (Tracy Callaway) and demand a refund of your overpayment in the amount of $1,147.00. Tracy will have a fit, but do it. Also, I know you already filed a complaint against them with the BBB, but I want you to go back to the complaint and "add" to it. Put in there that this is an unlicensed pdl and according to the law you have overpaid in the amount of $1,147.00. You will have to "fight the fight" on this one. But I'd fight my rear end off for $1,147.00. They took you for WAY too much. Try emailing Tracy Callaway. Of course they'll claim again that they are governed by Delaware law, blah, blah, blah. But do not hesitate to inform them that you already have the government agencies involved in this. As far as the Loan Shop, I do see that you haven't paid anything towards the principle balance yet. However, they want you to "sign a new authorization"??? Are they nuts? Do not sign anything with them. They are unlicensed/illegal. If you sign something "new", they will state that you were aware of them being in friggin timbucktoo and agreed to pay them a million dollars. Don't sign anything. Loan Point and ameriloan will probably contact you once they realize their debits aren't going through. Then they'll be all over you. Let me know when they do contact you. If you have any questions, just post. Don't sign anything with Loan Shop (did I say that enough? LOL!) And try emailing Tracy at GECC. Yes, they'll have a cow. But also go back and "add" to your BBB complaint. They got WAY too much money and they damn well know it.