Help and Advice with Payday Loans

Well first off, I am loosing my nogin. I changed my password and forgot!!! :roll: Secondly, after being on the phone with a manager from the bank for 20 minutes, he waived all the fees, my balance is at zero and as a courtesy, he is going to put stops on all the auto transactions that were supposed to hit this Friday. Also as a courtesy, he is waiving the fees for those too. Once the stop payments hit, he is going to close the account and reopen another. I just can't beleive my luck with banks. This time I can honestly say that it was an honest mistake. I think I am doing good by putting money in my savings and I end up messing up my checking!!! :oops: Is it okay that tell you all the bank name? I have nothing but good things to say about them and they have a lot of perks.

dina, great news about your bank! They are certainly working in your favor, which sometimes others find hard to work with their bank. If you feel comfortable stating what bank you have, then you can. A lot of people just don't like to because of caution. You never know who is reading these posts. However, others have put who they bank with. It's up to you. I'm just glad that WHOEVER it is is working so well with you! A good "bank story" finally!

I will keep my bank to myself. You never know who reads this stuff. Yes, they did work in my favor. Now I have to call T&C. I have not had a minute to do so. Personal calls at work are prohibited and using my cell phone eats up minutes, so I have to wait until I get home. Can anyone reading this tell me what T&C did for them? If your payment was reasonable, etc?

dina, up in the right hand corner of this screen, you will see a "search box". Type in T&C or Town and Country. You'll have a bunch of posts pop up that you can read through. People talking about how they are using them, how they work, if they're happy, etc. Go ahead and type it in and read up on what others have to say about them. :D

Hi,
I'm also new to this site and pretty clueless as to how to post etc. I'm in a terrible situation and am desparate. I have at least 8 payday loans and keep getting deeper and deeper in because I don't have the money to payback, therefore, I get another just to live. I have another pay day this Friday and my check won't cover my loan payments let alone have money for bills and essentials. I live in PA, and all of my loans are from internet sites.

Hi, Sharlene! :D Do this - start your own thread. When you're on the pay day loan forum, you will see a "button" at the top that says 'New Topic'. Click on that. You can title it whatever you want, type in your information, and it'll be your own thread. This way you can find your thread easily, all members will see your post and give you advice/information. It's great! When you do post - please put your state (PA), the names of your internet lenders, how much you borrowed (principle amount only) and how much you have paid back total to date. Go ahead and do that and we can help you out!

Sharlene, Welcome to the fourm. We can help you get through this but we need a little more information. I see you posted you are from PA...would you also post who your loans are with, how much you borrowed from each and the total of how much you have paid back to each. Once we get this information we can begin to guide you in the right direction. Also, I would recommend you start your own thread with the new information so we can find you and you can you easier. Also all the information we give you will be in one place. GO to the top of this page, click on payday loan and it will take you to the main page of the pdl fourm. Click on new topic in the top right and you can post all your information there. IF you have trouble, no worries, post the information here and I will look here as well.

Cannr, you type too fast for me...but as usual we think alike.

:lol:

Okay, I am not sure what happened after I talked to the bank and he stopped payments, waived fees, etc. The three transactions went through. I am so po'd about this. I sent their customer service an email because I can't take a break yet to call them. If the manager set this up for me, why did they go through?

If only a stop payment was put on they may have gone in under another name. Stop payments dont ever work. Closing your account or a hard debit block is the only way that your account will be safe.

Stop payments are the worse way to go!!!!!

I looked at my statement and they are the same names as last time. I guess all I can do is call the bank. He did tell me that once the "stop payments" are stopped, he will close my account. I guess that didn't work!

keep on your bank--I am still doing that even though my account is closed and has been for weeks....I still keep an eye---

How did that work out for you? Did you stop payment and they went through anyhow? I am so jacked about this. In the end, however, it is my fault. I should have never borrowed!!!!!!!!! :oops:

Okay, I called my bank and explained to her my conversation with the manager. She told me that since my account was still open, the pdl's did their automatic debit, but my bank is going to return to the pdl companies and refund me the $35 fees (again). I did tell her that my account was supposed to be closed and she was confused. Long story short, I am gong to call the bank on Monday and see where I stand. :roll:

dina, this is crazy! Did you do just a "stop payment" on them? As posted above, that usually doesn't work for whatever reason. The best thing to do is a hard debit block. However, we're beyond that point now. At least they are going to reverse the debits and the bank fees. That's a good thing. Now, you do need to get to the bottom of why they went through. Were you not able to speak to the manager when you saw what happened? When you call again on Monday, be sure that the debits ARE reversed and the fees ARE removed. And, please, see if you can speak to the manager. He needs to explain what "went wrong" and also verify that yes, indeed, these are all going to be reversed.

Okay, the latest, two of the three were returned. So far, there have been no charges. Once I get my new account, I am going to get my act together and start a plan of some sort. I have been putting my sears paycheck into my checking account. :?

:D Okay, I am the guest. I forgot to sign in. I have a new username....bayley5....my doggie's name. :)

Update on Check N Go. The guy was SO nice. He totally understood my dilema. Anyhow, he accepted a payment plan of $50 every two weeks. I got a prepaid Mastercard that I will be using. I also told him that I would not be able to pay them on Fridays, that it would have to Monday (so I have time to desosit the money into my prepaid card). If anyone has to deal with Check N Go (First Bank of Deleware), they are nice and will help you.

Wow, Bayley, that is awsome for you. Keep up the good work and thanks for the update. :D

bayley, honey, you've got it going on! You are so on the right track! Excellent job! Keep us updated, and if you need anything, we will be here! GREAT JOB! :D

Okay, I got a call at work from Pay Day Loan Yes. I told our receptionist to put the call to my voicemail. His name was Joe and he said he was from the wage and garnishment division. Do they have such a department or is this a scar tactic? They have me paranoid. I am still trying to save enough money to start with Langhorn. I just don't have it. I am in a little state of panic right now. :cry:

Well, They can not garnish your salary without a court order and if this is an illegal pdl, there is no way they can get a court order. i would call it a scare tactic. Did you send them a letter revoking any wage assignments that you may have signed?

Are they legal? Their name is Payday Loan Yes. An no, I did not send them a letter. How can I get that letter? Can I send it to all of my pdl's?

Also, I was going to see if I could get their "small print" and see if there is anything about garnishing my wages. I don't know if I have access to that. I could always email them and tell them I would like a copy of my paperwork. That normally shuts them up because so far it worked with Quick Benjamin.

Name and Address of PDL

After doing research on internet payday loan laws in the state of YOUR STATE' S NAME, I have found that your internet payday loans are actually illegal. I have also found the following laws to be true applying to payday loans in the state of YOUR STATE'S NAME in general:

INSERT YOUR STATE LAWS HERE


I have contacted the YOUR STATE Office of Financial Institutions and the YOUR STATE State Attorney General????????s Office regarding your internet payday loans and was informed they are indeed illegal in YOUR STATE and was advised to pay what is due according to principle amount only of the loan.

I have currently paid XXXX DOLLARS on my XXXX DOLLARS loan. The legal amount that could have been charged to my loan is the principal amount of XXX DOLLARS even if your internet pay day loan was legal in YOUR STATES NAME. I have paid XXXX DOLLARS on this loan by your debits of my bank account and only owe XXXX DOLLARS to have this paid in full. I am willing to pay the amount of XXX DOLLARS to pay the principle amount of the loan only, as advised by my Department of Financial Institutions and my state Attorney General's office.

I demand a physical address to mail payments to, as you are no longer authorized to debit my bank account. You must provide me with a physical address to mail my payments. I will not Money Gram or Western Union any payment. If no physical address is provided for me to mail payment to, no payment will be made.

I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my state Attorney General's Office.

I prohibit you or your affiliates to contact me via telephone at my place of employment or my home telephone number. I also prohibit you from calling my references listed on my loan. Once I inform you of this, you must stop the telephone contact immediately or you will be once again breaking the laws of the state of YOUR STATE.

You are also hereby notified that I am revoking any voluntary wage assignment I may or may not have signed. I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes.

I am revoking your right to debit my checking account any longer. You, your company, or your affiliates are not authorized to debit my checking account at all. Please be aware that I have informed my financial institution of this situation and they will also be receiving a copy of this correspondence. Any further attempts at debiting my account will be rejected by my financial institution.

I must also inform you that I have filed complaints with the Better Business Bureau, the Federal Trade Commission, and my state Attorney General's Office.

I expect a response from your company no later than XXXXX, regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted.


Your name
Account Number

cc: Better Business Bureau
Federal Trade Commission
State Attorney General

If you want to use this letter, you just need to put in the pdl name, your state pdl law, and your dollar amounts. Also, change it to fit your particular situation with each pdl. If it's overpaid, demand a refund and a paid in full letter. If it's paid, demand a paid in full letter. If you haven't paid all of it yet, stick with this one saying that you'll pay xxx dollars to have it marked paid in full when you make your last payment. You just have to fix it to fit each individual pdl.

Thank you for the info. I am a bit confused on how I can write them this letter to them when I signed papers. Is it because their illegal? And how do I find out if they are illegal? It may have been in another post, but I can't find it.

Bayley. . .I was going to go with Langhorne as well but they seemed a little pushy to me and so many people on here were "doing it themselves" that I thought I would give it a shot. I think it was going to cost me something like $2200 to sign on with Langhorne and so far I have settled 3 out 5 and it has only cost me what I borrowed. Nothing more. I still have 2 in the fire but I am not expecting to repay more than I borrowed with them either. Of course, it is always a personal choice, and I respect that, but you might want to give it some thought.

Bayley, I read about the wage garnishment above. I did read on another pdl thread that PDL Yes is good for wge assignments. Please be sure to get with your HR/Payroll and ensure they know that this company is known for this and you have revoked their right to this.

llw1995...thanks for your advice. Langhorne wanted almost $400 a month from me and I just could not do that. Then they told me to leave one out and it went down to $260 a month. But sadly, I can not afford that either. I will probably have to settle all of this myself. Every time I think I have extra money to send, something happens and I need it for that. I just feel like I am never going to get out of this.

Bayley, you CAN do this. You can. It seems never-ending, but I can attest to the fact that it is possible. It takes time. It takes determination. It is stressful. But, it pays off in the long run. It's not going to happen overnight. But it will happen. There are many of us here that got out of this horrible nightmare. We are here to help you.

I appreciate your support. I feel like my head is going in circles, not even knowing where to begin. I just don't have the extra money. It's a terrible feelng. I know I borrowed it and am obligated to pay it back.

You are probably like me right now...just wish it would go away overnight...but it won't. I do not think I can afford a co. like Langhorne either and doesn't it sound a bit *familiar*? They will help but for more money and for something you can ultimately do yourself with some perserverance.
I need help in the nerve dept. too.

bayley and egypt, I swear you are not alone. I remember the feeling all too well. And it was not pleasant. I just know you have it in you to do this and come out on top! I just know you do! I can't say it enough - If I did it, you can do it! LOL! I was just someone who was "lost" and "blind". Honestly. I took every step this site told me to take. I just went with blind faith! I was just someone who stumbled here and put my entire trust (and life!) in the hands of strangers. I wasn't let down. I wouldn't have known the first step to take without this place. And I just threw my whole self into it and did what I was told to do. Then my confidence grew and I began to be nasty to these pdls! This place will help you get that confidence. Hell, tons of people giving advice, telling you what steps to take, cheering you along! I thought it was great! And, I will say, it certainly worked for me. I know it will work for you.

I'm in the same situation so I cannot offer advice but I hope we all can stay strong.

bea, yes, we call all keep each other strong! That's what we are here for! If you ever need some moral support - just post! We've all been in your shoes. We know how you feel.

How much do T&C and Langhorne charge in order to use their servies? i have SEVERAL PDLs out as well :( just one thing after the other and im about roughly 5000 in debt. i make pretty good money, but this is money i never see lately. I have been reading posts regarding PDL not liscensed? whats the deal if they arent? do i not pay them back? please let me know what i can do. thanks!!

cnina, we can help you with a little more information. :D Could you please tell us what state you reside in, who your pdls are, if they are internet or storefront, how much you borrowed (principle only) and how much you have paid back so far to date?

I have only taked to two of the pdl places and made an arrangement that I cannot keep. Has anyone else done this? Not kept their promise? I feel like such a bad person. I am ready to file for bankruptcy, but I am sure my husband will find out about that. That's another thing, I feel SO bad about keeping this from him. :oops: :(

Cnina has a few other threads running with all her info on them.