I am not sure where to start

The Cash Spot. Is that who you are dealing with? If so, they also go by:

American Consumer Credit LLC
42 Reads Way Ste 124
New Castle, DE 19720

And American Consumer Credit LLC is indeed licensed in the state of Delaware, of which has very lax pdl laws. If you have to abide by Delaware law, that sucks.

Sorry. Just went back and re-read and saw that roxy already pointed out that Cash Spot is licensed in Delaware! Whoops! And she pointed out that The Loan Shop you're dealing with is licensed in Utah, so you would have to follow Utah state pdl law. Utah has lax pdl laws also, which sucks.

I just checked the licensee database for NV on Capital. I'm not showing it as licensed. Which is a good thing. Looks like only two of your internets will be licensed to lend to you (since they are licensed SOMEWHERE). If you would like for me to post the Delaware pdl state law and Utah pdl state law, just post. I'll post them for you. They are incredible. No limits on a lot of things, so you may owe as much money as they claim. Sucks.

Hey Fellow Tennessean...
I've read the advice you have been given and it's excellent. As far as your IPDL's, I agree to put them on the back burner. Get that account closed...they can't touch you and utilize the Cease & Desist letter on them. It works for most of them because they are not licensed to practice in many states!
I know the fear of facing storefront managers. Mine are like yard dogs but you gain the upper hand by reaching out and going above them to their superiors, the Regional, or District Managers. Dangle the meat, strike a deal, they will work with you...after all they want to win your money not lose it and going to court will cost them legal fee's as well. Don't let them intimidate you...be strong and know you are doing your best.
I think everyone in our predicament has felt shame, remorse and hopelessness. There comes a time you have to pick yourself up, grab your cajones out of the drawer and fight back. These PDL people are the lowest form of life. They are predators who live for the kill and the glory of taking gross and negligent advantage of people. They thrive on manipulation, harrassment and idle threats if they can't control you. The ONLY solution is to break free, completely, send a message to others and find out what kind of freedom you have once you are financially independent. It's an enpowering feeling and it's evident in all of the wonderful and caring members here who have been through the same hell and lived to survive it and offer assistance, moral support and guidance.
Good luck to you...you have many people on your side and you will prevail!

This statement confuses me a bit....

"So far only two are licensed. Unfortunately Egypt is in TN and they are one of those states where the internet pdl has to be lisecnsed somehwere UGH!!"

What does that mean exactly? Does it mean that in some states, the internets must be licensed in their state? And yes please do post the Utah and Delaware stuff...then explain why this is an issue?
I Just know you guys can see my blond hair...right over the internet.
Hey other Tn Person! Did living in Tn hinder you with this?
Back to work.....

Egypt, yes, states have different laws regarding both internet and storefront pdls. In some states internet pdls are prohibited all together, other states the pdl must be licensed in the state they are lending in and other states, like yours, the pdl can be licensed anywhere and the borrower must abide by the state law the pdl is licensed in. That is why we are going to post the Utah and Deleware laws.

Egypt...none of my PDL's are licensed or legal and only 2 have contacted me, one with a threatening letter. Three of them will be receiving certified letters and BIG received a very harsh email because I didn't have an address. The last one I haven't even heard from. Let them be the least of your worries. You're on the right track...keep up the good work!

Egypt...none of my PDL's are licensed or legal and only 2 have contacted me, one with a threatening letter. Three of them will be receiving certified letters and BIG received a very harsh email because I didn't have an address. The last one I haven't even heard from. Let them be the least of your worries. You're on the right track...keep up the good work!

Here are the Payday loan laws for Utah (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

And for Deleware


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

Egypt, I anwered your question and posted the laws. Right now, taking care of the storefronts are the first priority. Once you have worked things out with them we can begin with the internet. Aks all the questions you need to, that is how you learn. We all had to start somewhere too. I joined about 6 months ago and I would have never been able to help you with anything back then. You learn ALOT as you go. And...there is absolutely nothing wrong with being blond(e)....they say we have more fun :lol:

Hey, egypt! I didn't see your blond(e) hair! You can't see mine, but it is! So, see? You're not crazy or stupid! Stop being so silly! :lol: This is why we are here and this site is here. When I came I was CLUELESS like someone right out of a cave! When dealing with all this, you learn a lot. Experience is what brings knowledge. Soon you will have all this done and behind you and you'll be helping people! Imagine that! And, as roxy posted, please ask anything. No question is a stupid question. All questions are legit. I mean, how are you going to know until you ask? We might not know all the answers, but with all the members here ready to help - we can find it! :D

Guys, I blew it. I went in today to talk to one of the storefronts, but got cold feet and did not do it. I put it all of until Mon.
I, when I talked to the lady at the bank told her I had stopped by the small market I still had checks out on and explained what had happened. They had not made a deposit yet and said I could just come by and pick those checks up instead. Which was a good thing. The others I have and there is only three...to a gas station, feed store and grocery store should clear by Mon. Then we will freeze the account. I told her that I had stopped my Direct deposit for the 22nd and the suspect charges would not be put through until then. So this is when we will do the freeze. i won't wai tmuch longer than that.
I meant to mention that she said almost three quarters of those she deals with in her office are going through the same thing? She said the economy is so bad that many every day people like myself are doing desperate things.
I am just not sure how to approach these storefronts. Do I just say the Bank closed the account and I can no longer renew? That I have to work out a payment plan or let them sue me? I would think the worst thing I could do would be to *confess* the mess?
What about the people you list for references? Do those internet people start to badger them too? I listed friends, family both?
My HR gal last night before I started my shift and I had a talk and she told me what she will tell them if they call and she is on the switchboard. Not to contact me at work.

You did not "blow" anything! It's okay. You can go in Monday. I'm telling you, it takes guts to walk into the storefronts and stare at the manager and spill your guts! You really don't have to tell them a whole lot. Just for your information (because it's your decision as to how you want to handle it), I told the storefronts THE BANK closed my account due to overdrafts. So it looks like it's not your "fault". This way you can tell them you do not have a checking account, so there's no way you can re-write. No way. No account. Tell them that you need to make payment arrangements. Some storefronts are easy to deal with. They'll let you go ahead and make payment arrangements. Some are hard core and will tell you (and I've had this done to me) to borrow the money from a friend to pay them off and then pay your friend back. Insane! How they even suggest this stuff is beyond me. You'll have to tell them with your bank situation that you do NOT have the money to pif. That you can do payments though until it's pif. Some will do it just fine. The ones you run into that won't, ask them for the district/regional managers phone number. Contact them. I'm telling you, they work better with you than the managers do. Just do not let them intimidate you into agreeing to borrow from someone else to pay them off. That's unacceptable. You have to be strong. You can do it. It's hard, but you can do it. The worst that can happen is they say no and tell you that they're going to send it to collections (you can make payments). As long as you keep in constant contact with the storefronts, they won't call your references. If they can't reach you or you avoid them, they will call every reference you have and bug the hell out of them.You can do this. I didn't think I could, but I took a deep breath and walked in the doors of each one and did what I had to do. Now, you might end up calling the regional/district manager and asking for assistance. Nothing wrong with that. It helped me! As for the internet ones calling your references, I had 12 internets and not one called any of my references. None. And, great job with talking to your HR person! They can field the calls away from you at work. Just remember, keep in contact with the storefronts. That's important. Or they just go nuts calling your references. Also, the lady at the bank is right. This is happening so much to so many people. You're not the only one that they have heard this story from. It's sad. So many people getting caught up in this trap. You sound like you're working your way in the right direction though. Be proud of what you've accomplished so far! Don't be afraid. Once you get this hard part over with, you will be so proud of yourself for what you've done. Like I said, it takes guts. And you'll find that you're a lot braver than you thought you were! Please keep us updated on what's going on. We can help if you run into problems.

On the Internets, if I have only paid the fees...which are very hig as it is, do I deduct those from the principal or will they just be *lost*?
I asked this on another thread to, but am trying to keep stuff on my thread so I can come back to it as things go along.

Egypt, on the ones that are not licensed.... You add up all the "fees" and everything else you have paid and compare to what you have borrowed. If you paid more, then you have overpaid, if you have paid less, then you owe. That is why when we asked at the beginning to post the total of how much you have paid to each. So we can help you figure out where you stand. I think somewhere in the pages of your thread, either Guest or Cannr figuered that out for you. (I may have it confused) If not, we will help you calculate it out. On the ones that are licensed, you will have to pay them according to the laws in the state they are licensed.

On a different note, it is good to keep all your stuff on your thread. It helped me to be able to go back and refer to a post as I needed. ALso, give yourself a break. All of this is alot to deal with and we are throwing so much at you sometimes it is overwhelming. I know there were days when I could not log on becuase I just could not deal with any of this. As you gain experiecne and confidence it will get easier. Do not put yourself down. It is easy for many of us to tell you what to do becuase we have been there. I know when I first came here I was so afraid to believe what everyone was telling me. I did not know and was petrified to take the word of strangers. Then after awhile I was at the point that I had absolutely nothing to loose so I took the plunge. You will do the same when YOU are ready. We will be here to answer questions, let you vent, hold your hand...whatever and we will do this no matter what. You have to make your decisions for you. You live in your life and know what is possible so you determine what you do and when. We just give you the support and we will respect whatever you decied. There really are no judgements here. We know you can do this...and you will know too..when you are ready and that is ok.

roxy's right (of course! :D ) Here's an example for you just so you can see it in writing:

UNLICENSED PDL:
Borrowed 300.00 Paid 450.00 Overpaid 150.00
This is adding up EVERY PENNY paid to them.

LICENSED PDL:
Borrowed 300.00 Paid 450.00 Depending on which pdl and state law they follow, you could be pif or you could still owe or you could have overpaid. Just depends on the amount the state law allows.

Thanks Cannr :oops:

Egypt, Here is what you posted for your internets



BIG...$200...paid $85 ....owe $115
US Fast Cash...$300...paid 90$ .... owe $210
Capitol...$300...paid $90 .....owe $210
United Cash...300$...paid 90$ ....owe $210
Cash Spot...$300...paid back $189.00 - legal
Little Loan shop...$300...paid 90$ - legal

Cannr, can you help figure out the two legal ones? So we will be ready once Egypt has the storefronts out of the way. :D

Cash Spot - Delaware - they allow 4 rollovers and have no limit on the interest (ugh!). So, it's been rolled over how many times so far???

Loan Shop - Utah - they have no limit on interest (ugh!) and as far as number of rollovers, it's unspecified. Although it does say cannot extend or renew loan more than 12 weeks from original loan date. So basically they can roll this over for 12 weeks??? Crap! :shock:

Here's some advice on the legal ones since they are in states with extremely lax pdl laws - email/call them and ask them how much it would be if you paid them in full right now. I mean, how much interest are they charging? The state doesn't even set limits on it! Also, they can roll it over sooooooo many times, it's crazy.

Another option - when you're ready to do your internets (after your storefronts are taken care of) - they won't be able to access your bank account any longer, so they're not going to get any money out of you that way. When they contact you (and they will), you can make payments to them on your terms. You can send them money orders. Usually they just want their money back, and if they have no other way of getting it, they'll probably take you up on it. However, you will have to stand your ground and pay them what you can afford to (nothing more than you can afford) until they are paid off. I'm just scared to death as to what they are going to say the total pay off amount is! These two pdls SUCK! Sometimes (I don't know about these two) the pdls will "strike a deal" and give a pay off amount lower than their initial amount given.

I contacted about half of my storefronts and only three were willing to work out payments. The longest one would give was two weeks. The one that belonged to that org. we talked about here said they would split it into fours...another will still charge the weekly fees, but allow extra to be paid against the principal without a paper check. One has to send the check through, but will then work with me any way they can.
I will trudge through this.

Lordy! You've been working hard! Congratulations to you! Actually, you've done the "hard" part. You've faced these people. So, do you still have more storefronts to go to? Good job so far. It takes guts.

If they belong to the cfsa they must give you 4 installments. Is only one a member of cfsa. I can check for you if you would like

Typing at the same time! :lol:

One of the ones that we mentioned earlier in the thread is and she is the one who said yes. The other three that are, are not sue until Fri. and I am thinking I will contact them by Thurs.
Shamefully, the ones who will work with me are ones I have had for years. Only one, the one who said two weeks tops, says he serves a warrant. But it is a small one....or smaller.

Must have been a Fruedian slip. I meant not "due" until Fri.

Serves a warrant?? Good God!!! So he'll hold it for another two weeks and then wants pif? A warrant? Crap! :shock:

Criminal action is PROHIBITED in your state. I just went back and looked at the state law. So, he could take you to civil court (which would take time) but to say he will serve a warrant on you? Criminal action is prohibited. Wonder if he needs to be reminded of his friggin state laws????

yep...the gal who works there says he only takes payments through the court. I may have misunderstood. Maybe they have to take me to court? I could get the PIF by then...I think?

egypt, they can possibly take you to civil court to collect their money. However, no cop is going to handcuff you and take you to jail for this storefront pdl. It's prohibited. Now, your lady at the storefront may have even worded it that way just to scare the crap out of you. So "he takes payments through the court". Okay. To me, that means that if you don't pay your check, he will go through the process of the courts, which they will ask you to appear, blah, blah, blah, and eventually just end up setting up payments anyway. So, to me, it's always been kind of stupid to go through all that. But, maybe that's what they meant. You will not be criminally prosecuted. That's the important part. You may have it paid before then. But if not, just know that they're not going to drag you off to jail. The nasty store manager might just start the proceedings for civil court. Or.... it could be a scare tactic to get you to pay ASAP. Maybe he'd give you "one more chance" if it still wasn't paid. Who knows with these people. I know the main thing they want is their money back. I hope maybe you can have it paid off before then. If not, don't freak. :wink:

:shock: Egypt, you have been really busy. Good for you! It is good to see some success. As for the one that is pressing you, hang in there. You can do this.

I got a letter from a bill collector about a phone bill from 10 YEARS ago, they say this is another attempt to contact me, I have never been contacted by them and for got about this can they still collect after 10 YEARS!

I am really feeling overwhelmed today. I have set up about three payment arrangements with some very disgruntled lenders...Some I have paid and rolled over checks for years, some just this last year.
Now I am getting worried I will not be able to pay the terms they have set forward and my bills...my husband has missed yet another week of work due to illness. I was relying on his pay to keep us afloat during this.
Now next question. Those payday loans that are interent were almost all new to help me get through the last month when he had no income...no income in Nov, Dec. and Jan. Yes I was in a panic and when I cam to this site, I realized I had made a big mistake.
when do I have to get those letters out to those companies? How can I find out if they will file a wage attachment? Can I e-mail them the letters? My printer appears to be broken down.
What is the least amount some of you have sent to these companies to pay them off.
Same with the storefronts. I figure it will take at least two month's or more to get them paid off.
I feel like I am going to suffocate.
Not to mention the hospital bills, the other obligations I have to pay, credit cards in default?

Egypt, hang in there. I know this is overwhelming especially when things do not go as planned. Yes, you can e-mail them but be sure to follow up with letters sent certified return receipt, that way you have proof they received the letters. I also faxed mine when I had the fax number. If you send the letter I pm'd you, the wage assignment is addressed in it so you do not have to worry. The ones that are not licensed, you pay back what you borrowed, but food, utilities, car...etc...comes first. Pay them back as you can. The two that are licensed, you will need to work out plans with but do not let them bully you into more than you can afford.

egypt, not having a good day today, are you? Please don't freak. Your focus right now is getting the storefronts taken care of. Do not worry about the internets yet. They will wait. Lord knows they won't disappear. You've set up pmt arrangments with the storefronts; however, you're not sure you can stick with the payments? Is that what you're saying? Do not over extend yourself. You don't want to be broke and have no food or gas. However, you do want to at least try to stay on the "good" side of the storefronts. I know a lot if you can't make one payment or have to stretch it for one week or something, they'll usually let you (after giving you a hard way to go). Please don't let all this come crashing down on you at once. Forget about the internets for now. If it takes you one month, two months, whatever to pay the storefronts, then that's how long it'll take. As long as you're making payments to get rid of them. Are you feeling like you can't make all the payments to the storefronts? Is that what's bothering you?

Yep...pretty much. If my husband had a full paycheck that I could count on every other week, it would be one thing. I am so beside myself that I am not thinking really clearly. He has had a horrible year what with being unemployed then getting hurt too and not being able to work. I want to be sympathetic, but this is the biggest reason I wound up in this mess.
But you know after a couple locals are taken care of the others should be a cinch after the fees I have been paying every other week for a long time?
At this point I do not even think it is a matter of pride...I just want out of this mess.

Sorry, not only was I not logged in, it posted twice?

Egypt, one of the mods took care of it for you...the post. I am so sorry today has been crappy for you. We all know how you feel and how much you just want this to be over. We will be here to support you..any time you need it.

Roxy there is a positive side. I spoke again with my banker and as we cannot freeze the account just yet. I have two paper checks I wrote way last week to come through...she put a hold on all the PDL debits, and then Thurs, tomorrow, I am freezing all debits and closing the account. This has been a learning experience for her too as she never realized that these companies...or some of them are not licensed or legal.
Then I spoke with my nurse manager as she and the HR will be getting the calls...she has been through this too with her x husband....says not to worry.
I went t o a popular debt counselor site hoping to get some more feedback on this type of debt problem...not more than one word on that site...and to view his Forum you have to pay a fee! Imagine all us folk who are in debt having the money to pay a fee to get advice on debt?

egypt, you can register on this site for free debt counseling. It is to the right under our services. I am glad you found some positive in all of this. I am happy your bank and supervisor are willing to work with you and support you. That is aswome. You are doing a great job.

Yes, I will do that too I think. Unfortunately, the PDL's are the tip of the ice berg. I started to do this the other day, but I have no clue as to if they will take into consideration that I have these *monster* debts to take care of too.

Egypt, It can not hurt to look into it. There are some companies that will work with the pdls too. That may be worth you looking into too. You really are doing great.

I do not feel too great this morning. I am on my way to town to deal with some of the PDL's I arranged payment on. I hate to face them.
But the plus side is that my account at the bank is now closed.
I did inquire at Langhorne, but did not follow up as they ask for $100 to start the program.
At this point, I think I am treading water. I have inquired about some loans and they all want to refi my house?
I am so thankful for the support here. Today is also the day the internets will find they have no access to my account.
So I need all the encouragement I can get!

egypt, we are here for you. I'm sorry you have to go to the dreaded storefronts. Ugh. I know the feeling all too well. I see that you have checked into Langhorne. Have you tried Town and Country? They also help with debt and include pdls. Just something to check on if you wanted to. You're going to be getting some calls and/or emails from your internets now that they won't be able to access your bank account. But, GREAT JOB that the bank account is closed! This is awesome. Just remember that YOU are in control now. Okay? Always remember that. They can't bleed you dry anymore. If you have any problems with them, or questions, or just get "freaked out" by them, please post. We can get you through this. We have all been there, heard it all, done it all. Good Lord. I almost don't think anything would shock us anymore! We are here for you.

I did make over 450 $ dent in the PDL's store front yesterday. I did my first paydown with three.
Today I got an e-mail from US Fast Cash stating that their next debit would be two weeks from Fri. Suppose they do not know yet the payment was rejected?
If my bank put a hard freeze on debits on Wed. (the PDL's only) and a hold on all debits Fri. The would not have let anything through would they?
I am freaking here.

Excuse me, Thurs.

egypt, congratulations on your progress with the storefronts! They are a pain in the a$$. But soon you will be DONE with them! As far as USFastCash is concerned, no, they most likely haven't figured out they are not able to debit your account any longer. Some pdls take a little longer for it to "click" that they are not getting their money. It's kind of funny! But it's all computer generated, so don't freak out when they say "We're debiting next payday." They haven't figured it out yet. However, USFastCash is SLICK. They were a pain in my side forever. Forever! They are sneaky and they are liers. The only way I finally got rid of them was through my state AG. Then they lied to the AG also; however, I didn't care. They were GONE. Now, as far as the bank - have they already put the hard debit block on your account? If they have, you should be fine. Just make sure it's a HARD debit block, not just an ACH block because USFastCash (and others) will attempt to put an electronic check through (been there, done that!). Just make sure it's a HARD debit block. Hell, I called my bank a million times asking them "Are you sure the block is on there? Nothing will go through?" I was soooo paranoid, so I know where you're coming from. But, it should be fine as long as it's already on there and it's a HARD debit block. You don't want anything (even electronic checks) put through. If something does happen to go through (keep your eye on that account like a friggin hawk), just contact the bank and they should take care of it for you (by reversing it back off).

Phew...I checked the account and nothing went through! Confetti time here. Yep...I guess they did not know?
I am like you Cannr...I will be a parnoid freak until this is resolved.
I feel better than I have in a long time, but I know realistically this is just the beginning and it will get hard before it gets better.
Looks like I will be working tonight...but it is double time so it is worth it. I am starting to think in terms of, "If I work just this one time, I can pay off......" 4 nights in a row is tough on me...48 hours.
(Small cough here...I will be callling the bank Mon. a.m. asking, "You are sure it is a hard Debit block?"}

LOL! :lol: Call the bank! I just kept calling the customer service number and having them check my account to verify that the hard debit block was still on there. I hope they don't keep track of the calls! LOL! Actually, I checked my account for MONTHS AND MONTHS. It was an obsession. I'm over it now (kind of). I might let a day go by that I don't check it now. And that's doing good for me! I was checking like 2 or 3 times a day! PARANOID! So, nothing went through. I'm throwing confetti with you! You should be good to go. Although, I would still make that call and make sure that block is still there! Not to scare the heck out of you, but I like to let people know what "can" happen (believe me, been through it). At one point the block was "taken off" by corporate at my bank. I almost had a heart attack. For some reason (the bank didn't specify) everyone that had a block on their account, the blocks were removed. Holy crap! :shock: The didn't inform any of their customers. It was a huge shock to me! Luckily, they took care of everything (since they were the idiots) and I got my paranoia going again checking about 5 times a day. I'm not saying your bank will do this. I think it was just a stupid thing that my bank did (if it's going to happen, it'll happen to me!). So, don't get all freaked out. Just keep your eye on it and keep making sure that block is still on there. One day (I promise!) you won't have to do this anymore!!!

Yep, I am the most paranoid of the paranoid. My hands litereally shook on Sat. A.M. when I called to check to see if I showed a negative on that "blocked" account. It is still positive $1.00, so from the sounds of it, I can permanently close the account now.

Yay! It's always so wonderful once the account is totally closed! Just make sure to ask them if it's "safe" to go ahead and close it without it being forced open. I kept mine open with the block on it for a bit just to be on the safe side. (Paranoid!) If they yes, go for it! You'll be done with that account! :wink: