how can i deal with all these PD loans

Although I can not give you any advice on how to deal with your payday loans, I can tell you that you have taken the first steps in getting things straightened out by taking action. You are not the only one that has been in this spot and there are many people that have gotten out of situations like yours.

Someone will be along to help and I wish you the best of luck. It can be done. Just hang in there.

new here ,did i post this in the wrong forum?

ryder, I'm going to post the pdl law for your state. However, let me make sure I understand correctly. These are all STOREFRONT loans, correct? And you also have title loans with them? And you also have signature loans with them, correct?

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

Yes i have title loan with speedee cash,,1 signature loan with cash express and 1 signature loan with 3-D financial

they are all store front

TN law reads maxium loans 3 and i have 8,,does this mean that the fourth place i got a loan should have known not to give me another one?

Okay, here's what I'm getting so far:

3-D FINANCIAL
OWE 430.00 FOR CHECK
OWE 298.00 FOR SIGNATURE LOAN

CASH EXPRESS
OWE 447.30 FOR CHECKS
OWE 168.00 FOR SIGNATURE LOAN

SPEEDEE CASH
OWE 330.00 FOR CHECK
OWE 900.00 FOR TITLE LOAN

BREWERS CHECK CASHING
OWE 230.00 FOR CHECK

KINGS CHECK CASHING
OWE 230.00 FOR CHECK

OK CHECK CASHING
OWE 117.35 FOR CHECK

ryder, I can check to see if any of these storefronts are members of the CFSA. If they are, you might be able to invoke the EPP (extended payment plan) and can pay them off in 4 equal payments coinciding with your paydates. Let me ask you first, are you current on all of these? You haven't defaulted on anything yet, correct?

yes,up to date untill tomorrow

You must go in person to the store fronts today in order to get the EPP. If you are a day late they will not give it to you.

thank you all for the the help,,,the problem with the EPP is i dont have the funds to pay all this week,a very bad week..should i close bank account? thank you

Okay, I understand where you're coming from. You don't have the money. Understandable. Looking at your state pdl law, criminal action is prohibited. You won't be criminally prosecuted for your checks. However, my thing is that I'm not sure about those signature loans and title loans. I honestly know NOTHING about signature loans and title loans at these stores. Only checks. You can be taken to CIVIL court by these stores if you don't pay. Either way, whatever you decide to do, you will still have to pay for all this stuff. You'll have to make arrangments to pay the checks, the signature loans, the title loans - or risk losing whatever your title loans are on. I don't know what can happen regarding the signature loans. But the checks can be taken to civil court if not paid. So, what do you think? If you close the account, it'll have to be quick. It'll take a bit for the storefronts to put them through. You'll really want to tell them the account is closed (you can tell them the BANK closed it). Because you're going to need to keep in contact with the storefronts anyway to make payment arrangements to keep yourself out of trouble. I know I'm rambling here, so if you have any questions, just post. I just honestly don't know what will happen in regards to the signature loans and title loans. Are they debiting your account at all? Or do you go in and pay cash when you make payments to them?

just came in off the road,,thank you for your reply,sold car today to pay off title loan,no extra cash for it but did get rid of one headache,,speedee cash will be taking legal action as of tomorrow im told,,havent heard from the other ones as of yet.,,all of these places refuse to let me pay them down,they want it all so i will try to pay them off one at a time,,,best i can do,,i usually pay them with cash but they have on ocasion run them threw before i got there,,,,it is very hard not to worry. thank you

ryder, at least you got one out of the way, although I hate the fact that you had to sell your car to do it. That really bites. Speedee Cash says they are going to take legal action against you? Well, it won't be criminal action. Criminal action is prohibited in your state. They may be talking about going to civil court regarding your loans. So be it then. Just make sure you go. What most likely will happen if they do decide to do this is take you to civil court. You can sit down with them and make payment arrangements. Just keep in mind no CRIMINAL action can be taken against you, so don't freak out or anything. Please keep us updated as to your progress. If you need help, just post. We're here.

Are payday loans considered a "secured" loan?

ginurse, I'm going to say "no" here. Here's something to just mull over:



When you get a pay day loan, they are lending the money KNOWING you don't have the funds. So you are borrowing against nothing. They are just lending you money until your "pay day" and you pay them back.

Now someone can come behind me and correct me if I am wrong.

I have paid one title loan and one check off so far,recieved call yesterday telling me that i must pick up check today or she was going to the sheriff,even though i knew that was a lie ,i told her at least they would feed me in jail,,then she went on to say she would be put on probation for letting me write the check,recieved letter from a different pdl and they will be turning theirs over to collections,,3-D Financial wants me to come in and rewrite my checks,,all kinds of options ,,just leaving update,,,,thank you all

one more thing,,checking account was overdrawn,(my fault)due to me pulling all money out to fast,i could not close it for it being overdrawn,then 3-D FINANCIALsent two checks threw which bounced,leaving me 350.00 in the hole,,i did stop the direct deposit this week,,thank you

hello again,dont know if anyone is even on here,im on central time zone,,cant sleep,,these PDL people are like machines,they will not give up,they are calling my references now and my work also,,i honestly dont know how to deal with these people,,they want there money that i dont have ,i have other bills to pay that i cant because of these terible mistakes ive made,,i have dealt with these people long enough,,you go in there store,they are always smiling but after awhile you began to see threw them, it,s all about the cash,,,this must be my hell because it sure feels like it,,

ryder, hang in there. You've already gotten two paid off. Congratulations to you for that! You're going in the right direction! Your bank account - since you were unable to close it (and now it's in the negative), you need to have them put a hard debit block on that account. If you leave it the way it is, the pdls are going to keep sending things through, which is going to cost even more in fees for you. So, you need to have a block put on that account to prevent this from happening anymore, okay? Also, I'm assuming it's the storefronts calling your references? Have you been speaking to them? Usually (however not always) the only time they call references and employers is if they can't get ahold of you. Then they will call everyone under the sun looking for you. If you haven't spoken to whoever is calling your references, call them. Talk to them. Make sure there is always an open line of communication between you and them so that they don't have a "reason" to call your references or job.

hello again,,must tell someone about the luck im having,,as i wrote earlier about stopping my direct deposit to the bank and recieving a live check,,first i went to walmart to cash check(3.00 fee) but they would not cash it for unknown reasons i was told,,tried several other places in my home town but no luck,being it was a out of town check,,i decided to go to my bank and deposit it,pay off overdraft charges and close account but NO,,I was told by the bank teller that i could deposit it but it would take 7 to 10 days to clear before i could even spend any of it,,the manager was out of town and she had never heard of a hard debit hold,,with todays computer systems you would think they would know if the check was good or not,after all it was the same place they were getting the direct deposit from,,anyway the only place that would cash my check was a PDL store that i owed two checks ,i had a power bill that must be paid today or lose it so i went there with a 733.00 check,paid both checks off,30.00 check cashing fee and walk out with a little more than 250.00 and then they almost convinced me to rewrite but i took a deep breath and walked out.2 more checks paid anyway,,thanks for reading ,bye

ryder, what crappy luck! I am so sorry! You went through hell; however, one bright spot is that two more were paid off. That's a good thing! So, you might be broke now; however, you don't have to worry about these checks anymore, so that's money in your pocket after this. As far as your bank, they haven't heard of a hard debit block? What the hell? So, it's still sitting open/active, correct? Can you find out when the manager will be in so that you can speak to them? I found out the hard way NOT to deal with the tellers. Not to be mean, but they are kind of clueless. The manager is the way to go.

yes,bank account still open ,active and overdrawn,i have cancelled all things that debits my account auto every month so maybe they wont try to run them checks threw again,thanks cannr for the replie.

ryder, you're more than welcome. I'm just worried about that account being open. Crap.

I currently have 4 internet payday loans. The companies and the amount owed are Cash Net USA-$585, US Fast Cash-about $400, Ambassador-about $780, & BIG-$285. I contacted these companies to mail in a payment but they refused saying the payment had to be taken from my account. Now the loans are in default and my cheking account is seriously overdrawn due to this. I've recently spoken with Cash Net USA and they said I had to pay off the loan within 3 payments which I cant afford. I plan to send a $100 money order to them tomorrow but I realy can't afford to so I came here for some advice on how to handle this. I'm so tired of all of the calls to home/work and they're all so rude. They refuse to make an arrangement that's affordable. Please help...Thanks in advance.

What state are you in? Please never contact a pdl until your account is closed.They will go inand debit til the end of time. Tioy need to now get a hard debit block put on your account so they can try to get any more and you will not get more fees., You can noy close you account because it is overdrawn, ahard debit block is the only way.

I am in Missouri. Ambassador also sent an email threatening to contact my employer if they see I've used my work computer to request the loan, is this posssible? Do you have a letter I can use to request a hard debit block on my account?

You need to go into the bank and speak directly with the branch manager to request the debit block. Yeah they will threaten all sorts of stuff.You need to revoke any wage assignments you may have signed. They are voluntary and you can revoke at any time.

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

rydermack - just a short story about banks and checks. a few years ago, i received a refund from the IRS. took the check to the bank and went to deposit and get cash back. was told i could not get cash as they had to wait for the check to clear.

white, WTH? Did they have to make sure the check from the IRS was "good"??? :lol: That's kind of crazy, especially for an IRS check. Hell, pdl stores and liquor stores will cash those!

Would it be best to still send a payment to Cash Net USA? How would I know if I've signed any wage assignments? To my knowledge I haven't but I just want to make sure. Thanks for all of your help

yep they did..I remember because i needed to pay a bill and needed the cash to go and pay it. they told me that they couldn't give me any cash back. So i was told to write a check..now it didn't make sense to me because IF the treasury check wasn't any good why would i want to write a bad check on it. The check was good but i guess it was the stupidity of it.

does anyone know how long bank will allow overdrawn account before closing it?

I can only speak for myself..but my acct has always been overdrawn at the end of the month for i don't know how long and they never closed it. this month will be the first time, i god knows how long that i will not have been overdrawn.. I may depend on your bank.

I think, and someone will correct me if I am wrong, but it does depend on your bank. I've read people having theirs closed after 30 days; however, I've read that others wouldn't close theirs until 90 days. So.... I'm assuming it's up to the particular banks policy.

talked to bank manager today,she put freeze on account and also knocked off 130.00 of overdraft charges,,,i also paid off another check today,4 more to go,,thanks for the support.

Good for you Ryder... I am hoping it gets easier as it goes, but *getting one paid for * is impossible if you have several and they all want their fees. So we will get through it, no?

hi egypt,yes fees fees and more fees,,i understand yours is all storefronts also? we have already paid there fees over and over,they know we are wanting out of this mess(our hell,their heaven),,its time to stop paying their fees,,we have a life to live,not theirs.,over the last 5 years ,every friday or saturday i have found myself running from store to store,rewrite,rewrite and rewrite,,its gotta end now for me,,these last four checks will most likely end in court which may turn out easier with some kind of payment plan,,i have other debts to pay,,,after picking up check today and being 4 weeks late,,they wanted me to rewrite and i needed that cash(broke as usual) but i didnt,,i think these people work with our personality,,the person that let me write the check will tell me that they will get in trouble if i dont come in on time,trying to make me feel bad,thats alot of BS but they are very convinceing. no one hates harrasment more than me and i dont know to this day how to talk to these people on the phone,,i wish they would just vanish and leave me along but NO.i find myself telling them anything they want to hear,knowing its a lie..yes egypt,we will be just fine,we will not be hauled off in handcuffs or anything,,we will have to go threw a little stress but will live to tell about it,,keep in touch bye

want to get help in payday loans from the internet from diferents site can anyone tell me if the company
t &c from alamaba poste here in this site is any good can they help they want 195.00 dollars fee is that a good company ? how can i go by with this 5 payday loans... thank you ..

We can help you here. If you list for us, your lenders, amount borrowed from each, amount repaid to each and the state you live in, we can begin to help. Also I am assuming from your post, all your loans are internet.

Ryder, I know exactly what you mean. That is what I have been doing too. Makes me crazy that I have gotten into this mess, but when my husband got hurt and was out of work I got some internets to pay the fees on the storefronts and to pay bills. Really stupid, but I had no where else to turn?

egypt,after years on the internet,i never even knew you could get a internet PDL loan untill recently,,i was going to also get one to pay off some storefronts but they would only loan me 400.00 max and i needed 1700.00 to pay all off,,at the same time i was looking for a internet loan,i came across this website and im glad i did.

does anyone know how many times a storefront PDL will attemp to run your check threw bank after it has bounced due to no funds? thanks

Ryder...it is me again...I am about off to work so I am not going to log in...but I wish I had NOT found those loans. I fear I will be taking more time than you to pay these off!

ryder, first of all, congratulations on getting one of your storefronts paid off and GOOD FOR YOU for not re-writing. Don't I know the temptation. Lordy. You did awesome. You stood strong and walked out without re-writing. Takes guts, strength, and determination. You've got it all! I applaude you!

As for how many times a bank can run your check through, I don't have a definate answer for you. I believe it varies from bank to bank; however, when I was having trouble with one of my storefronts, who decided to keep trying to run the damn check through, I once again contacted the Departmet of Financial Institutions and asked how many times can they run it through? I was thinking they would do it FOREVER. I was told that he "believed" it depended upon the particular bank; however, he also said that he thinks 2 times is the limit. But, that's my state, so I'm not sure. You can contact your bank and ask them how many times one friggin dumb a## store can run your check through. They'll tell you.

hello,just came here to vent,i have been recieving live checks for 3 weeks now from my employer and the only place that will cash it is a PDL that i owe,,after waiting for this check to arrive today,(FINALLY),the PDL store has to call the bank the check is on to verify funds and much to my suprise,THERE IS NO FUNDS IN THE BANK FROM MY EMPLOYER,,i have given up,,thanks for listening,,,bye

What???? Your employer wrote you a check that you can not cash becuase the employer has no $$ in their account???? Unbelievable. I certainly hope you take this up with your employer. That is just wrong.

my employer tells me that they always show 0 balance in there account for reasons i cant understand but its funny that the last 2 checks wasnt a problem,anyway they are going to cancel this check and send me a comdata check tomorrow,,it is a nightmare without direct deposit