URGENT: I Need Advice...soon.

Just to be SURE and don't whip me too hard here Cannr for bein' paranoid...thought maybe it might be different in this state...I called the Sheriff's office and talked to the Magistrate (might be a learning experience to shae with other's, no?) and HE told me not to sweat it, yes if things progressed they might issue a warrant, but I should tell them if that is what they must do, do it. He said it is a *slap* and they will not arrest me. Then I go to Civil court if I do not pay it off in the mean time? He siad to be cool and offer them $20 or $30 a week, even.
So what advantage do they have to threaten me? I mean does it make them feel better. The CE woman said I owe her a lot of money, after all. I have paid them $120 a month religiously for years on this loan...oh...I forgot, I pay it off and rewrite every other week so it is a *new* loan? But let us just imgine...$60 x 12 mos.=$720 x 3 yrs....I cannot recall... is $2160 - $330....ah..$1830 profit for them?
Ergh..... :twisted:

Excuse me that was me...I meant to say I paid them $60 a month, not $120 Faux Paus.

egypt, I'm certainly not going to whip you! LOL! I say anything to ease your mind, do it. Calling the sheriff set your mind at ease a little bit anyway. That's all good! Let me just tell you "why" they threaten you - because you are attempting to get out of they cycle of paying and rewriting and paying and rewriting and paying those friggin fees every two weeks. This is BONUS money to them each month. The more people they have writing checks, the more money in their pocket. If they lose a good customer (and you did the math), they're out that amount of money just from ONE person (you). Also, by making payments, they're not getting their "full amount" (and another rewrite), so it's less money in their pocket at the end of the month. What it boils down to is BONUS MONEY for the storefront managers each month. This is why they try to force people to rewrite. Now, we already knew that CRIMINAL action is prohibited in your state. That's why I was saying don't stress yourself over it too much. I know you're going to anyway; however, it'll work out. Like the sheriff told you, if they feel as though they must "swear out a warrent" (which the wording just doesn't jive here), then tell them to do what they gotta do. Whatever gives them a thrill. The most that will happen is you go to civil court. Not criminal court. No, you did not write a "bad check on a closed account". No. It's posted in every legal storefront in the states where criminal prosecution is prohibited that is it not considered a "bad check" when entering into an agreement with them. It is posted on their wall. It has to be by law. What I can't quite understand is why the hell the ones that are members of the CFSA are giving you such a hard way to go. They should not. And, actually, I would file a complaint with the CFSA against them, as they are not following the guidelines that they are supposed to. I honestly can not, for the life of me, figure out why they are being so retarded about all of this. Hell, when they turned my checks in (because they said they had to turn them in to the bank), they came back "account closed". I was a little worried, but not a whole lot. And what did they do? They set up payment arrangements with me. Period. Yes, I was turned over to corporate on a couple of them; however, I just made payments to them. I made payments to one storefront who just held my check and I went in and paid. And one I had was a member of the CFSA and I just went in and invoked the EPP and paid them off. Yes, they tried to force me to pay and rewrite - wouldn't do it. So, they turned me over. Fine. It worked out better because I didn't have to deal with the a$$hole storefront managers. Why they want "two payments" is beyond me. Well, then again, it goes back to the whole "bonus money" issue, I guess. egypt, the worst that can happen (and it may not) is you would have to show up in civil court. Okay, fine. You will then make payment arrangements. So, that's why it KILLS me that storefronts pull this kind of crap. Pay these guys whatever you can. Like the sheriff said, if it's $20 or $30, so be it. You're making an honest attempt. Keep records of every payment. Keep records of every conversation these idiots have with you (their threats). Just in case you do end up in civil court, you will have some documentation to take with you. If you can't pay these people the amounts they are asking, take what you can. If they refuse your payment, fine, leave and make note of it. Cover your butt. Now, they might be just trying to scare money out of you. They like to do that. It may never go to civil court. It might just end up being these guys turning you over to collections. It could all be just a scare tactic. Whatever. Just do what you can, your sheriff gave you good advice, keep documentation, and just be prepared for the worst (which is only civil court). You will not be arrested and charged with "bad check". Nope. Not in your state. You do know that I am just STEAMING here at how your storefronts are treating you. I wish I was near you. I'd LOVE to go to the storefront with you.

Well, I cannot seem to log in but it is me....Cannr, I would love to have you go with me. If these people are not cool I may not be either, such as reporting them.
I have had two places actually three that have not thrown a fit...one I have not paid as they said they would send the checks through I am going to have to call them, However I paid them 120 a month for maybe 10 years? I would be surprised if they had the courage to tell me how much I owe them. And they are a small place, not CFSA?
BUT on the bright side...the one that is /was $460 is now....ta da...$115? In just a few weeks...one more payment and they are history.

egypt, this shows you that SLOWLY but surely you are getting out of this mess! It's starting out kind of rough for you; however, the pay off will be wonderful. Believe me. :D

I do not know either why some of these guys are so retarded. I mean why fight me over the amount that I am going to be paying them each week? As long as they get their money in a reasonable time. And they are mad...that just kills me too.
At this point, I really do not care.

Okay...here is where I stand today..no time to log in...almost have to go to work. I did not meet with the woman from CIC...I will just tell her to either set up those payments as is, send the check through, but that I will not rewrite on a closed account. Another person I told I was going to set up payments on the next check as we reviewed their policy...again...it will buy me some time to pay the others off. Two are not even aware that I will be defaulting, although I have. I still spent $120 with those I am not ready to do anything with YET.
Dang...I must be the one dumbest woman in the world...but I am getting smarter thanks to you all. I am sure I will be crying as they squeeze the last money they will get out of me come Hell or high water.
I did send off an e-mail to the man I know who works for Dave Ramsey and he confirmed everything we have talked about here, but because I know him so well I told him I was asking for advise for a friend? At that, I do not think he is as adept at handling this type of debt as those on this Forum. But he stressed to communicate with these folk just like Cannr says to do.
I have done all I can do for today...sigh::::

egypt, you are doing fine! You're doing everything that you're supposed to be doing. No. You will NOT rewrite on a closed account, and if they ask you to do that tell them "That would be breaking the law, correct?" and watch their jaws drop! You are NOT the dumbest woman in the world! Hell, if you are, then I am right there with you! LOL! You did good today! At least each day you are making SOME sort of progress. Even if it's just arguing with these idiots! You are honestly doing everything in your power and being an honest person trying to pay these people off. What they want to do is entirely up to them. They are being hard a$$e$ though. Keep plugging along, egypt. Something is bound to fall into place soon. Lord knows you're giving it your all. And I applaude you for it! :D

Thanks Cannr...I found that I woke up today, very impatient as the firt thing on my mind was who will call today? Then I wondered what I would do and how I would spend my time when I was not constantly worried about debt?
I do not know what it will take or how much time and anxiety I will be going through, but I do know that I am getting out from under this plaque.
I spend time reading in other sections how people have gottne out and I want to be one of the success stories...then I ask how can I possibly get through it? Flip/flop?

egypt, I swear, I know exactly what you're talking about. You are certainly not alone. Never, never will I forget the sleepless nights, the anxiety upon waking every morning, the thought of "what's going to go wrong now", the dread of dealing with these people, etc. Oh, it was horrible. I would sit at work and honestly, the only thing on my mind was money, debt, pdls, etc. I was zoned out in my own world. It was sick! Slowly though, the light started coming! It was pretty damn dark and ugly in the beginning. Now I'm amazed that I don't have to (like you even stated) drive around to all the different storefronts paying and rewriting, fighting internets pdls, etc. I can actually come HOME after work on payday instead of driving all over town. I can actually get on my email and not have 100 messages from friggin internet pdls. I can check my bank account and damn the money is still there! You, too, will be to this point. You are working hard at it and it'll pay off. Then you won't know what to do with yourself once you've got it all taken care of! LOL!

Yes, the nightmare it is....I kind of think this must be how those people used to feel when they borrowed money from the mafia? At least for want of a better word. We had a friend who grew up in NYC and his father had gotten in debt with unscrupulous people who threatened him all the time....I am not sure they were mafia, but close to it? ANYHOW....they loan you money real easy but the payback is hell.

Actually, it is kind of like a "mild" mafia! At least I think so anyway! Calls, threats, etc. What the hell? Sure, they'll give you money - then want to break your knee caps afterwards! And, you're trying to PAY them! Oh, burns me up. :x

Yes, and what *burns* me is that they completely ignore the amounts of money you have forked out over the month's/years and act like it is a fresh new debt and you are cheating them out of their money? Talk about irony.
But hopefully this too shall pass. I just want this nightmare to end.

It will end. Take my word for it. It will end. :wink:

Okay, okay...to bump this up agai.
I am wondering what if all these companies get together that I have dfaulted on? Can they file a suit against me for having more than the legal limit?
Or am I just being paranoid. I have not heard from a couple that I did not contact and have dfaulted on?
also, I am curious as to what others have paid to pay down some of these other than like a $100 every other week...which is the amount most are asking for or more?

egypt, are you talking about the storefront pdls?

Yes...I have not even tried to handle the Internets ones. Honestly, I feel like I am moving in slow motion here.
I am working on getting the printer fixed on this computer so I can easily type out and mail the letters.
Yesterday, I talked to a girl who used to work with one of the companies and I asked her if they will take payments and she said yes and gave me the name of the corporate people to contact as she says the regional will not help me much at all.
Oddly enough...ahmmm...she gave me all the same advise you did.

Oh, I'm cracking up! :lol:

Quote:

Cannr, you crack me up...it is like talking to my double or at least close kin here...you know me so well. The bright side is that if you can deal with me, you can help ANYONE!
Wonder if a magazine article on this subject would be helpful. While I was awake last night, I thought about writing one? You know, check it out with Oprah or someone?

egypt, you are way too kind! I just love to help people realize that everything is going to be okay!

Actually, an article in a newspaper would be an awesome idea. Spread the word. I'm sure you could write one! Hell, we could probably all write NOVELS after going through all of this! :lol:

And, stop being awake at night! :wink:

My nights when I am not at work...I work nights BTW...12 hours 3 or 4 nights a week....are truly insane. I sleep an hour....maybe...then I wake up, drink a sip of Coke or something...light a cigarette...take a few puffs...put it out...sleep another hour...and do it over....oh...sometimes I go to the bathroom, too.
Long ago and far away...I wanted to write...I took several Commercial Writing Classes. Some on how to write an article for publication? Then I got writers block...I could not even write a letter without edited the fire out of it. But you know, this is something people need to read about.
If I wrote it for this town, I am sure some would know who it was and tar and feather me for educating the others.
Yes, it will be so good to have all this behind me.

Egypt, I think you are doing Awsome...and I love seeing you cheering others on. You have really come a long way since the beginning. Write that article and send it to one of the larger newspapers in one of the larger cities in TN. There is nothing saying you can only write for where you live.

Rox...I had a big long post for you and it got *ate* somehow? Anyhow...this is therapy for me. I just cannot stand for others to feel this anguish I have been feeling and thinking they alone have done something like this?
Can you imagine how I will be when I am out of it?

Egypt, I understand it all. That is why I stick around. I am basically at a stand still with mine. I have two left that I have NEVER heard from and that is ok with me. THis site save me in so many ways and I remember the desperation I felt when I made that first post...my life has completely changed and I have been helping one of my coworkers who in up to her eyeballs in storefronts. She has not done anything about them yet...but she is starting to see the light. I thought myslef the biggest looser in the world until I found I was not alone and accepted the fact that I made mistakes that I needed to fix. It certainly helps to share the burden. SOmetimes, I still feel out of my element with the technical stuff, but I know that even if I can not answer those questions, the moral support is just as important.

I seem to be making one mistake after another with this debt process...not with these PDL's but managing my finances in genereal ...I see now why I got into the messes I have. At any rate, I am going to have to get smart and stop making stupid mistakes...like sending checks out early, paying more than I can afford on some debts out of fear. Paying things when I know it will leave me too short to get by the week?
I joined the credit union for my work place and am going to try to get a small amount of savings done every pay day so I will have some cushion in the event of an emergency.

egypt, good plan. And you're not "messing up". You're learning now. This is a good thing! :D I understand what you're saying, as I did the same thing myself. Now I've come to realize that "okay, I can't pay this out of this check or I'll be poor, so I'll pay it out of my next check". I now go out and get my gas, buy some groceries, then go through my bills and figure out what ones need to be paid RIGHT NOW and which ones can wait a week. You can do it. You already realize that you need to make some modifications. That's the first step! egypt, this whole process is going to be a learning experience for you. And, when you're through, you're going to feel awesome!

joined the credit union for my work place and am going to try to get a small amount of savings done every pay day so I will have some cushion in the event of an emergency.

Have $20/paycheck direct deposited into a high yield savings account.

Laughing here...in good humor....I am 57...I may be dead or on retirement before I *learn*?
would have been nice if I had gotten *smart* sooner, but better late than never right?

It's NEVER too late, egypt! :wink:

Volleyball mom...that is what I thought I would do..have it direct deposited? I will have to find out about the high yield with this company?

I have an account that takes $1 everytime I use my debit card and puts it into a savings account at 5% interest....which is pretty good. Anything you can get that will help your $20 grow it really nice, but even if you just have it stashed in a savings account with .5-1% interest, you've got $$ in savings!! :D

I figure I can *blow* $25 just by breathing or walking ? Certainly, I can save it?

One less trip for "non-essentials" at Walmart! That'll do it right there, egypt! I know it would for me! "Do I need that? No!" Money saved!

Yes...but you know those non-essential things have been curtailed because of the PDL's for quite sometime...No money for anything extra, you know? So now that they are on their way out?
Hmmm. I did check with T & C today and am not sure I liked all the answers she gave me? A bit too vague?

So, you didn't like T&C? Were they not helpful? What do you mean by vague?

Well for example when I asked if these folk would still try to sue, she just said probably not...that they just want their money and once they heard from them they usually did not try anything like that.
I am really panicky today as I just realized that by the time I pay my car note and electric and phone bill I will not be able to get anything to any of these PDL people...even the last $115 I had to pay the ones that arranged a paydown. The companies are calling every day now and I still have not gotten a letter off to them I had one company expecting $100 and another expecting $165. I can make neither.
I am not sure what to do now. I can't even afford to buy the ink for the printer to get these letters done.
Please tell me again that this gets better. What do you suggest I do? Call them?

Just hang in there . . . It will get better!

Just do what you can. That's all you can do! Take care of yourself first - Rent, food, electricity, the important things are priority. Then deal with the pdl's.

Maybe take your phone off the hook or put the ringer on silent? Give yourself a bit of a break!

Thanks Goudah. I feel myself relaxing as I type. I have to take things one day at a time, I know. I just hate to shirk responsibilities and I feel like, as insane as it is that I am doing that. Even these store fronts I have had for a year to 10 years and I know I have paid out the wazoo to?

I just got a call from the Check Into Cash woman who I told that the account was closed, who said many do have a closed account and as *long as they do not know about it*, they can continue. Well today she called and said the bank told her the account was still open and the funds are available. I told her that was impossible, because it had been closed. I asked her what account number she had given them and she told me the old one...I told her other members of our family had an account so perhaps it was a mistake.
Then I called my bank and spoke with the gal who assisted me with closing the account. She reassured me that it was closed and that they will put not to give out the account info to anyone.
I think she is pressuring me into giving out my new account info.? How do you think she knows I have a new account? She says she cannot do a paydown unless the account is current, which requires a new account and check?
I originally posted this on my coping thread, but it belongs here.
I am becoming **** I know?

[color=Red]****Adult term removed - Jason[/color]

I am posting to move this to the top for you.... :D

I may have mis stated somewhat...I asked her for the account number given to the bank and she verbally said the # of the old account.

Hey Egypt, Goudah is totally right take care of your living expenses first. I know exactly how you feel, that panicky feeling. It usually sits in the pit of my stomach and I just get so scared that it will never go away. I still have that feeling with my PDL situation, but I do know from experience with other things in my life when I have had that feeling, it does go away. Things do get better. And I have to believe that things will get better in this situation also, if I don't believe that I would go completely crazy. That's all I just wanted you to know you are in my thoughts!

HOnestly, I just stopped answering the phone if I didnt recognize the ph#....I didnt need the stress.

I know what you're going through...its a feeling hard to describe and its so awful.

Thanks to this site, I was able to pull through and really grow a thick skin and regain my life.

Hey VB Mom...I agree. This site was a lifesaver for me when I needed it most. Things are moving along for me....3 out of 5 gone! The other two are dragging their feet but I can handle it as I know that they, too, will eventually disappear.

egypt, that is not true. What this storefront is trying to do is get your butt in there to rewrite. Yes, maybe she did call the bank to see if funds were available; however, that account is closed. She can check the funds availability all she wants to. The damn thing is closed! And, she doesn't know you have a new bank account. I'm sure she ASSUMES that you do; however, she does not know for a fact that you do. Hell, I had a new bank account. Did I tell my storefronts that? Hell no! And the only way she can take payments is if you have a current account? Because she wants a new check from you. She is so full of it. She's trying every trick in the book to get you to rewrite. She wants her bonus money, egypt! How's she going to take that vacation if you won't rewrite every two weeks! :lol: Listen, if they have to (which they don't), let them turn it over to friggin collections. Good Lord. At least they would be off your back and you would have payment arrangements. They are just harrassing the crap out of you and trying to strong arm you into rewriting. The cycle has to end. If it means going to collections, so be it. Let it fly. At least they'll work with you and hopefully not feed you a bunch of crap like this chick is doing. Now, isn't this storefront on the CFSA members? Am I remembering correctly?

I almost blew it when I asked what account number she gave them and she replied the one from the check you gave me. I told her there is no way the bank could have told her that because a couple of weeks ago I told her it was closed and it was, so I had no idea short of a mistake that they said it was open.
Also I do not believe she went to my bank with a cashiers check becasue it is about ten miles from her store?
I think she is playing games like you said Cannr...I told her I would check back with her. But she is not getting a check from me. And yes they are CFSA? Does that matter per state or what?

egypt, there is something stated in the CFSA regarding "state laws pertaining" or something along those lines, which I honestly don't understand. Hell, I just saw my storefronts on there as members and went in and invoked the EPP. I didn't have a problem. I can post what the CFSA actually says. You can see the part about the "state laws". Don't know exactly what it means, but you can read it and see if you understand it better than I do! :lol:

Go to this link and read what it says regarding the Best Practices for the Pay Day Loan Industry:

http://www.cfsa.net/industry_best_practices.html

If she takes a cashiers check in under my name alone, can the bank give it to her from my new account? How can she gointo the bank with a cashiers check anyhow?

Well I read it, but now that I have already defaulted, I cannot do the EPP per the CFSA guidelines. This should not mean that I cannot offer them payments and that they will be accepted right? She implied that there would be no paydown otherwise. What does she expect? Me to waltz in with the entire amount or as above can she go to the bank with a cashiers check in my name?