help with payday loan

Hi Robmeca22.

Someone with a lot more knowledge than myself will be along shortly that can better advise you.

One thing you might want to do to help them is to post what state you are in and the exact amounts you have paid each company.

For example:

The Loan Shop Borrowed $300 Paid To Date: $600. Posting it in this manner will save the others time in figuring out what you have paid in total to each company.

You have a duplicate post. I will delete it to avoid confusion!

Rob, I am happy to see your post. Here are your laws for PA from your other post (just select your state),

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

Please do not worry about the whole arrest thing...that is a really common threat they like to throw out there to make you pay them. I will check on your pdl licenses and see where we stand..I do know that little loan shoppe will be licensed in, I believe it is Utah...I will check onthe rest. Hang in there.

Also, who is collecting for Sagamore?

thanks for the info i have received so far. i got sick so i couldn't reply right away. I am in the process of getting all the amounts i have due with these companies so i can post it, in the meantime i just got a call fom the loan shops investigation office they stated my name and social security number was linked to a fraud investigation for theft of fraud that i needed to call them back right back or tehy will proceed with fraud charges and i will be charged with theft. this loan i had with them was so old i don't even know how much i paid them in fees ect. what can i do. honestly i don't remember loaning with the loan shop. do they go by another name. like loanpoint us a or something, i am so scared and upset i haven't defrauded anyone. what are my rights

what are the debts points for

Each point is worth 1 cent. When you get at least 10.00 you can cash them in and get a check or money put into a pay pal account

Rob, I hope you are feeling better. I was wondering what happened to you. The fraud thing is a game they play with you to scare you into paying them. Even if they wanted to take legal action against you for defaulting on the loan it would be in civil court. Do not worry about them comming to arrest you. If the call again, ask them what time they will be there so you can be sure you are ready...or do as some others have and tell them to come get you, you have been waiting since the first phone call, what is taking so long. Just post the amounts when you get them so we know where you stand. I know you have not been feeling well so just take care of it as you can. You asked about the points and I see Kash explained them to you. Here is a link that gives a little more information about that...

http://www.debtconsolidationcare.com/forums/about553.html

So far, I'm getting that they have loans with:

Little Loan Shoppe
Cashinminutes
The Loan Shop
Cash Central
Check n Go (isn't this an installment loan one?)
Sagamore (or whoever they are collecting for)

Am I on the right track so far?

checkngo was a payday loan when i took it out they now have switched to an installment loan company in pa
sagamore is the loan company

Hi, rob! So is my list correct so far as to what pdls you have?

Since Check 'n Go is an installment loan, I do know that they'll be operating "legally".

The others, we need to see if they are licensed SOMEWHERE since you reside in PA. You are in PA, correct?

yes i am in pa but check n go was a payday loan when i took it out not installment loan. they no longer offer payday loans and also tehre was a location in pa but they closed it down.

Did you get the Check 'n Go on line? Or at a storefront before they closed them down?

i received teh loan online before tehy closed down in my state

rob, since you got it on line, it's probably going to be considered an installment loan. Do you happen to know the repayment terms? We can usually tell by the repayment terms.

the loan was for 300 and teh fee was 60.00 it rolled over until you pay the amount in full. i rolled it over 8 times