New Payday Loan Fool Here

Welcome jaglady!

You have certainly done your homework on how much is legal, paid, etc on your loans...nice job. I know ameriloan has a cease and defrain order in many states, not sure if they do in FL yet.

With regard to closing the account....that is usually the only way to get them to stop. They sure wont if you ask them to.

So you have a savings account at the credit union and a checkng account at B of A?

Also, MCA on the Banking board can help with finding you a credit & chexsystems friendly bank in your area if need be.

I just was reading the banking board. I am printing the forms to find out my status in scan and chexsystems. I am not sure what those reports say right now.

I actually have saving and checking with BOA and just savings with the credit union.

The BOA savings and checking are linked for overdraft, so I don't think I could just move over to savings there. Best to move the cash somewhere else.

Ok great...there is some really good info there.

Please do close the account at B of A ( I assume that is where they are debiting from?)...and ensure that they put a hard block on any incoming debits during the 'closurr period'....there is a period of time where any incoming debits could re-open the account.
Also, at the top of this board under Important Topics, there is a thread about what to look out for when closing your account.

jag needs to get refunds on the internet loans. In Florida, the pdl has to be licensed. ameriloan isn't and I believe ZipCash isn't. So, to say that $1,135 was "legal" for Ameriloan and $885 was "legal" with ZipCash is not true. jag should have (and did) pay the principle amount of $600 to Ameriloan and the principle amount of $500 to ZipCash. No illegal fees/illegal charges/illegal rollovers/illegal extensions - none. Just the principle amount.

Quote:

Since you are in Florida you also need to check to make sure Zip Cash isn't acting as a CSO. They may be legal.

volley, I was just stating that jag should send out the letters after getting the bank account straightened out to the pdls and state that there was a major overpayment on the internet loans. jag paid $1550 on a $600 loan and $950 on a $500 loan. If these plds are indeed unlicensed/illegal, jag has overpaid by quite a bit. As Goudah pointed out, apparently ZipCash needs to be checked to see if they are acting as a CSO in Florida. I do not believe ameriloan is. If I misunderstood, I do apologize.

How do I find out if ZipCash is a CSO in Florida?

I have seen other postings from Florida customers that said ZipCash gave them a refund and marked them paid in full - so I am hopeful.

I have bank account closing in the works. We are waiting on a direct deposit - then moving it to a new account.

I am disputing the last few ameriloan debits with the bank and revoking their ACH access. Has anyone tried this and do they get reversed?

What do AG letters need to say? How do I show an accounting of what would have been legal in my state versus what was charged?

I send the letters to their AG, my AG and copy to them also - yes?

Thanks for all your support !!

volley?

I couldn't find anything for Zip Cash . . . . I do not think they are a CSO in Florida.

Hi Jag...I sent you a PM with some info to help with your situation.

I am not getting my PM's.

Any idea why not?

I have no new messages and no quick messages???

Hey jaglady....sounds like my pm didnt come through. :( Sending another....lets see if it goes through. I know sometimes newer members have trouble getting pm;s at first..this happened to a few people not too long ago.

Jag, do you have a sample letter of the letters you sent to your PDL companies? I have no idea what I should write or say. I do know once they start calling me at work I need to tell them to cease and desist or however you say it LOL

Update on my situation .... :)

Ach revoke has been respected by ameriloan (so far)

Zipcash responded as expected - Yipppeeee !!!

I am paying down my storefront legal loan 100 per payday until it is gone (readvancing 100 less each payday)

I may have to fight or just ignore Ameriloan until they go away. Phone calls have been light so far - wonder what they are up to.

Way to go!!!! ameriloan will probably pop up 6 months from now, but you are ready to handle them!!!