Outstanding PayDay Loans and all are in default

Hello,

You've come to the right place!! We can help.. what state do you live in, and what are the name of the internet companies?

I live in Washington State. I have 2 storefront loans in Washington State. The names of the other loans are as follows: Cash Net (Deleware), Check City (Utah), PayDayOne (Deleware), Credit Protection Depot or MyCashNow (Nevada), Apple Fast Cash Personal Loans (Deleware). HELP!

What Can I do?

Are you still around?

Yes we have to see if the internet loans are legal in your state. One moment

You will find the Payday loan laws for Washington D.C. here (just select your state),

http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

Can you break down how much you owe each company

GSUTT, if you could let us know the amount you have paid each company we could be of more assistance to you.

Hello Everyone..
I have 2 PLS loans out here in Bellwood Illinois.
They will be in Default because I got injured on the Job and workman's comp just aint stretching the dollar.
Is there any type of way I could Prevent the Garnishment and get on some type of Payment Plan..?
My Loan is $1000.00, but I had to take out 2 loan's with double the interest.
I hate it I even got myself thru this.
Thank's in advance..
L. :(

guest, are the 2 pdls that you have storefront or internet? Could you please tell us who they are with, how much you have borrowed (principle amount only), and how much you have paid back (total to date). I'm going to post your state pdl law so we can take a look at it. If you could, please post the information regarding your pdls so that we can help you. :D

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

1 loan for 400.00 and the other for 600.00
I had to take out another $600.00 loan because before I could go up to (PDL Loan service in Bellwood il. store Front) they took the check of the $600.00 loan and cashed it before I could even go up there and make a Payment.
The store's exucse was that the District Manager told them to cash the check's and it isn't there call.
So, (L.S.S) I had to take out another loan just to cover my home expenses of $600.00
all together, I will owe $1783.00 after the loan's has been paid off, allmost twice as much as the Original.

So, what are the exact names of the storefronts? We can look to see if they are members of the CFSA.

The Pay day Loan store of illinois
526 n. Manheim rd.
Bellwood, il.

So, both of your checks are at the same store? I checked the CFSA site and also went to the website for your storefront and could find nothing regarding them being members of the CFSA. I was hoping they would be on the list. However, it doesn't hurt to call and ask them if they are indeed members. They may be now. I did see this particular pdl got into some trouble back in 2006. All stores had thier licenses temporarily pulled due to complaints. So, just a warning there. Call them and ask them if they are members of the CFSA. If so, you can invoke the EPP. However, if they say no, tell them you need to be set up on a payment plan, that you can not (NOT!) pay in full and rewrite. Insist you no longer have a bank account. Try whatever route you can to get them to set you up on a payment plan. Your state law says "yes" to repayment plan and also criminal action is prohibited. Both of these factors work in your favor.

Thank's!!!
I just got the information that you gave, i'm going to do everything step by step and I will keep you all posted!!!
Thank you!!!! :D

guest, great! Please keep us posted as to how it goes. If you run into any problems, we might be able to help! Good luck to you and keep in touch! :D

Ok, i've called and spoke with the manager named Dee..
I've told her that i'm not going to re-pay the loan off in time. I've fallin under hardship and I just can't do it.
She stated that she will hold the check's for another 2 week's, but I said i'm not going to re-pay the loan off, it will be gaining interest.
She said the same thing, but she refuse to take the next step and send in the check's.
She also stated that it's up to the district manager to say when the check's will be cashed, she can't make that determination.
So again, I told her that i'm not going to be able to pay off the loan. Is there any way that I could get on a Payment Plan?!?!
she again stated that it's up to the district manager to say when the check's will be cashed, she can't make that determination and also she's giving me another 2 week's (with interest mind you) to pay off the loan.
It seem as if i'm getting the run around from her..
Jeez, I hate I got myself into this!!

Okay, dee, your storefront manager thinks she's doing you a "favor" by holding the checks for two more weeks. I've run into this situation myself. Actually the storefront manager CAN set you up on payments. Now, they may have some sort of policy in place to where they have to deposit the checks, have them returned as NSF or CLOSED, then they will set up payment arrangments for you. However, here's what I did. I was tired of playing the dumb game with the storefronts. I contacted the district/regional manager myself. I explained the situation. I explained the store manager was not working with me. The district/regional manager called the storefront herself, set everything up for me (and hopefully gave the storefront manager an a$$ chewing) and I was set to make payments when I walked in the door. Another storefront that I dealt with the corporate office directly did everything for me over the phone. I paid THEM, not the storefront. So... my whole point here, dee, is see if you can find the storefronts corporate office. Call that telephone number and tell them your situation. They will either take care of it themselves or give you the number of the district/regional manager (hell, I got the cell phone number!!). If I remember correctly, I think I searched the BBB site for the storefronts I had problems with, found the corporate office of them, got the phone number, and went from there. If you can't find the number of the corporate office (but I think you should have no problem), call the friggin storefront and tell them to give you the telephone number.

Ok, today I called the Store and again, I told the Cashier that I wasn't going to be able to Pay off the Loan and I told Dee last week I wasn't going to do so.
so she ASK ME WHAT DID DEE SAID, (Holly Sh$t)!!
I just ask for the Regional Manager Phone Number. She gave it to me quickly, was in shock!!
Now, my loan is gaining interest and i'm still not on a Payment Plan.
Called the RM, left 2 voice Mails.
They didn't Provide me with the corporate number when I ask. So, is there a number that's listed..?
I'm not getting anywhere with this.. the sickness of it all!!

:(

Okay, this storefront doesn't sound as if they have their act together! I just did a search hoping to find the storefront corporate office. It's not distinguishing the corporate office, just all the stores. Crap! Can you try calling another branch of your storefront and just ask for the corporate office telephone number. See if you can get it that way. In the meantime, I would call the regional manager like every 30 minutes until they called me back. I am so sorry this is happening with you. See if you can find that corporate office phone number. It's easiest just to call one of the storefronts and ask them. Please post if you find anything out.

Ok. I have been gone for a week but I finally got in contact with the District Manager.
They tried to cash the Checks and they both came back (Finally) !
She stated that it will Probly be in two payment in a huge lump sum. (Which don't sound like any payment plan to me) .
I'm just wondering..
Could I get the letter that I put my signature on for Garnishment Reveres??!?
Gotta go back to work, will keep you all posted.
Thanks a bunch for your help!!!

You are in Illinois, correct? And on your loan documents there was a clause regarding wage garnishment?

Yes and Yes for both Question's.
Everytime I call they act as if they don't know who I am or what i'm talking about.
It's like talking to Children, very sad.
I ask the Manager how and when a Payment Plan starts, she stated that they will call me everyday to see when i'm going to make a payment. It's like they have nothing Establish what so ever, I don't get it..

So, what I'm getting here is that the storefront won't set up an actual structured payment plan with you. They're going to call you every day and see when you're going to make a payment? How crazy! Did you happen to offer them a payment plan of your own - like $50 every two weeks or whatever? If not, try that approach. If you have and they're still being this unreasonable, please post. We might have some other options here.

Ok.
I got in contact with the Regional Office Downtown chicago.
Spoke with the Manager for that District and told her everything.
I told her about the loan I didn't want to take out again after they was so much in a Rush to cash my check and I was back into a rock and a hardstone when I could have just pay'ed off the interest.
so, Dee's manager gave me a call and ask today when could I come in a make a Payment.
Again, I ask her how can I get on a Structured Payment plan and again she wanted to know when I could make a payment.
I told her I will call her next Friday and I should be in next pay period to make a payment, but I still want to know could I get on a Payment Plan...she never answerd my Question.
I have the corporate Number if you want it.
And also, What could I do to prevent them from any Garnishment..?
They also sent a Affidavit to my Job, but my HR put it in the shredder because it isn't a court order.
Is there anyplace I could send a letter to complain about this company..?
Thanks for ALL of your help!!!

:shock:

Okay, apparently this storefront is going to operate like a few do. They'll hold the check and you just go in and make payments on it. Fine. Whatever floats their boat. Just go in on your payday and give them whatever you can give them. If it's $50, fine. If it's more, fine. If it's less, fine. They won't put you on any kind of structured plan, so go that route. Just show up on your payday with some cash in your hand. You can ask them again when you go in to pay if you can be put on a structured plan, maybe they'll change their tune. If not, just hand them a payment and tell them you'll be in on your next payday with a payment (whatever you can afford). As for the garnishment clause, I honestly don't know. I mean, if they're taking payments, they shouldn't garnish you. Honestly. That's why I say go there on your payday and hand them some cash. Tell them you'll be back on your next payday, etc. I had a storefront that I just went in and paid whenever I could. It wasn't a structured plan. I just went in and paid them what I could, when I could. They might just be doing that. However, you can file complaints against the company for their "non cooperative nature" or something along those lines. You can file a complaint with the corporate office (who really didn't seem to help you that much - maybe they need another phone call) and you can file with the BBB. It's up to you. You can try the going in on payday and asking AGAIN for a payment plan and see what they say and then decide if you want to file complaints. But, if I were you, I would call the corporate office back and ask them specifically what their policy is regarding the garnishment clause. Will they only enforce garnishment if no payment is made? If you are making some type of payment, will that prevent garnishment? Call them and ask them that specific question.

I currently have 2 payday loans that are in default(Cash Net USA $585 & Nationwide $700). When trying to work out a payment plan they wouldn't extend it beyond 3 payments, can they do this or am I able to pay as I can? Also when speaking with Nationwide they somehow found out I had another account with another bank and said if I didn't make the payments they would debit that account, can they do this? Thanks in advance for your help

Oh Karmel...you probably need to start your own thread so you won't be missed. I do not know about Cash Net, but Nationwide I do not think is a licensed company. They are probably assuming you have another account? Do not panic, but you will probably want to post how much you have paid these creatures in fees, etc.
Someone smarter than me can give you the advice you will need. Coming to this site is the best thing that ever happened to you...trust me.

If it's CashNetUSA, they will be licensed/legal.
karmel, what state do you reside in?

I stay in Illinois...
The Store Front is in Bellwood, PLS store.
They sent me a letter sayng if I pay it off, I will feel good about myself along with restoring Credit with the store.
I told the store's District Manager that I will pay off the loan, but all of this B.S could have been avoided if Dee (the store manager) would have just listen to me.
It's just been so much strife dealing with this company. I'm still considering sending the B.B.B a letter of compaint about the store front, it's Sad how they do there business.

hello. i stupidly took out some payday loans and now i am drwoning in the fees. i cannot get ahead and i was wondering whether there are any payday loans consolidation plans in pennsylvania that could assist me in removing these debts and gaining back my independence.

Quote:

I clicked that link you suggested and it is no longer available. I can't seem to get ahead. If they are legal lenders than I would need to pay them back right? I am drowning and completely overwhelmed...

You can find the link at the begining of the payday loan help forum. If you live in PA payday loans are illegal and if you have paid back the principal you owe nothing more you can send C&D letters to the lenders along with revocation letters. Tally up what you have paid and what the original loan was and then work from here. Close you bank accout or put a hard block on it where credits can be taken but debits can not. Explain to the bank that there is fraudulent activity on your account and stop it. File complaints with your Attorney General, BBB, FTC, and the internet crime bureau. Don't be upset and alarmed I was the same way this site helped me take back control of my life and my finances.
1. close bank accounts, then send letters if you do it the other way around they will go in your account and try to bleed it dry, file your complaints and remember your state laws prevail no matter what they try to tell you they are bound by Pa. laws. and Pa laws says payday loans are prohibited!