PDLS are killing single mother

Kimbri,Please tell us what state you live in
Who you have borrowed from
Is this an internet or store front loan?
Never tell these people you are thinking of closing your account.
Please post the info so we can help you.
You will need to close your account asap. Please read the info i will post about closing your account,

Please read this before closing your account

I am in North Carolina, I borrowed from National and it is internet.

Thank you for trying to help me. I feel so stupid for getting into this to start with.

Ok Calm down. These loans are NOT LEGAL in your state. That is good news

North Carolina State Information

Legal Status: Prohibited (N.C. Gen. Stat. ???? 53-281 authorizing payday loans allowed to sunset in 2001)

Citation:
The consumer finance act applies. N.C. Gen. Stat. ???? 53-173

Small Loan Rate Cap
36% per year

Where to Complain, Get Information:
Regulator: North Carolina Attorney General (See also Commissioner of Banks)
Address: NC Attorney General's Office 9001 Mail Service Center Raleigh NC 27699-9001
Phone: (919) 716-6400
Fax:
Regulatory Contact:
Regulator????????s Website
Complaint Form
Complaint Instructions
Online Resources:
Yiu need to close your account asap, and open another one at an unrelated bank. Do not give out your new info. As the above post mentions you need to be sure your account will not be forced open once it is closed. We will walk you thru the process. First thing is to take care of your account. Especially since you mentioned to the pdl that you were thinking of closing it. they will go in and take everything. Do this asap

I am going to contact my bank now but before I do was wondering if making the account deposit only or something like that would work as well. I have banked here for many many years.

Once I speak with the bank I will repost.

Thank you so much. I see a light at the end of the tunnel.

You need to be sure that what ever you do , the bank will no force open the account and put theses debits thru A stop payment will not work so do not do it. They use too mant different names and amounts so you cant stop payments.The best to do is close the account and reopen one. If you need to do it at the same bank then just be sure that the new and old will nit be linked in any manner

I just looked up my account and since I called last week to tell them I was closing my account there is a pending charge of 250.00 that has not processed yet. What should I do?

I just looked up my account and since I called last week to tell them I was closing my account there is a pending charge of 250.00 that has not processed yet. What should I do?

Get to your bank real quick, and try to get it reversed. Tell the bank it is fraudulant activity.

The bank is charging you 250 to close? Or there is a 250 charge pending and that is why they can't close it?

If you know about the 250 ask them to put it through then close it. If you think it is a PDL, tell them not to let it go and close it! Tell them it is unauthorized, from an illegal company. You didn't know they were illegal at the time you got involved with them and you have since unauthorized them to take out any more. Send a letter and make a copy for the bank.

do that asap!

I am on the phone now with my bank trying to talk to someone. How could these people do this. 250.00 is from the pdls. I did not agree to this. THis is insane.

Kimbri, I got your message , but can not reply until you register. How many loans do you have. I thought it was a loan withNational, but yiur message mentions Ambassador

They upped their attack on you because of the conversation you had with them. They figured they'd just take the money out of you before you closed their account. That is why you don't mention things like that. Sorry about the whole situation, usually we have time to get these things sorted out. But just keep at it, keep asking for someone higher up if they aren't helping you!

I looked it up on my statement and it is ambassador. I only have the one. It was for 300.00. I can't find my papers i printed but it seems like it was national at some point. This loan is only 2 months old. counting the 250.00 it will be 700.00 I have paid back

Ok. Just get to the bank and take care of your account.

Yes Priority number one....

And the Lender you get isn't always the one on the money sent. Geneva Roth is one that does that, they are Loan Point, but the name on the money (in or out) says Geneva on it.... I'm assuming this is one of those issues, no big.... Just get them stopped...

I am on the phone with my bank now. They are looking into what can be done. with the 250.00 I have a negitive balance and can not close the account. I have explained the situation and asked for the best solution.

Kim, have them put the account on deposit only status, or place a debit block on it. Will the bank let you dispute the amount?

Yeah, get it on deposit only, if they can't get rid of the 250, so at least no more will come through and you can bring it positive and get it closed.

But try like heck to get the 250 to go away!

Got your message. Again, i cant answer you there until you register. If the bank will let you open a new account then yes do it. be sure they will not link the new and old accounts

Yes Kimbri! Sign up. You'll beable to send and receive PMs (Private Messages), get replies to Quick Messages, and earn points... All of these are good things.

I don't understand but there is nothing I can do now. They will not close the account due to the negitive balance. I don't have the money in the bank to cover the 250 so I asked her would it just be kicked back and she said no. She said I would call tomorrow and open a dispute for the 250 and if they find it to be unauthorized then it will be refunded and Iwill have to pay the negitive balance and then open a new account that she assured me could not be touched as long as I did not give the information out. Does this seem right or should I call back and demand something else? Should I call and stop my direct deposit?

You should atleast put the account on deposit only for now. That means nothing else will come out especially while you are in dispute...... I would dispute it as well....

For proof, maybe you should print out some of the information, like this thread showing such items. you are in a state where all PDls are illegal right? Definitely print that information... that should help your dispute

IF you do not have the money to cover the 250.00 why is yiur bank paying it.

how do I register for pm?

i would definitely stop my direct deposit for right now.

underneath any of your posts there is a link saying "register today" click it and follow the directions to get an account set up

to register, go to the home page and follow the links.

Maybe she has overdraft? So they let it go and charge her fees..... Banks like to make money that way

I asked my bank the same thing and said because at this time it was authorized? Makes no since to me?

If a bank authorizes a pending debit, they deduct the amount of the pending charge from your available balance.This makes no sense at all.

I am talking to someone new and she is giving me a new story. and she is wonderful. She is going to do an unauthorized for both the 140.00 and the 250.oo is going to hit tonight. After they do this I will have a positive balance and can open a new account. SHe said she would authorize for me to open a new account even before the old one has a zeor balance due to the situation. She assured me that they will not be able to link the new account to the old one so this should end this part of my life and my girls and I might be able to have a nice christmas thanks to all of you.

It must be overdraft, that is the only way they'd let it go through if it brought her into the negative. Did you know you had overdraft? That might help your dispute too....

YAY! That is awesome.. GO Kimbri! See just keep going at it and ask for someone new until you can get the help you need.

Kimbri, that is great news . Please keep us posted and have a happy holiday.

I did not. I new once in a while I would be a little short and a check would go threw but it is a few of 16.00 and try not to do that.

Once these people get the clue they can not take anymore of my money what will they try to do to me then. Can they take me to court. If this is illegal then how do they get away with it and what can they do to me?

You guys here are wonderful. I did not know where to turn. Just happened upon this site by mistake. What a mistake. This mistake has truly turned things around for me and provided me with a light at the end of the tunnel.

I hope everyone has a wonderful holiday and just know you have really made a difference in a good, hard working mothers life.

They can't do jack to you since they are illegal. They may threaten (which is actually illegal to threaten as well), but that is all it is, all bark no bite... because they don't have teeth.

So now your bank account is safe you'll want to send the bad people a letter, saying that you have paid them well over the principal, and since they are illegal that is all you are obligated to give them (technically you aren't obligated to give them anything, but morally we suggest atleast the principal). You'll request that your account with them be marked PIF (and request that a letter be sent to you when that is completed), they are not allowed to attempt any more taking money out of your account and they will be sending you a refund. Which if the 140 gets removed, your refund would be $60....

Then threaten them with complaints if they don't comply, and then file the complaints anyway...

I think that is how it works......

I happened upon here in mistake too, in fact looking for yet another loan (I had 6 I think and two big installment loans).