PDL mess SC

I am new here as well; but have been going through my mess since the end of February.

I do have a question about your bank account; you say that you have signed a stop draft on your pdl's? Most of these companies will go back and debit your account under a new name or change the amount. I was instructed to put a hard block on my account instead of stop payments. I seriously think you need to visit your bank again and request to do so. Only let credits go in.

My other fear is that you have contacted your pdls before you knew for sure that they wouldn't go through. And it scares me that they may even debit for their whole amount due..

I don't want to scare you; but warning you...

That is scary. Today is the day for me. They didn't manage to get into my account, so I assume that I will be bombarded with phone calls or emails within the next couple of days. What is to be expected? Can anyone tell me a little about how to handle these calls when they come in. I don't want them calling references or my supervisor...

A bit of good news, however. I went in to pay off a storefront (yay) and was told by the manager (who is actually an ok person) that all pdls are going to be closed down in SC within a year. He said that their store is going to convert into a finance company.

That was me above (freakmeout)

If you only did a stop payment it is only a matter of days until they get into your account. They will use another name or amount to get around the stop payment. Please read this thread about protecting your bank account:

http://www.debtconsolidationcare.com/paydayloan/close-account.html

Ok. I will close the account. I was trying to avoid having to do that until the end of the week because I have things out that need to clear. What are the pdls going to do?

South Carolina State Information

Legal Status: Legal

Citation:
S.C. Code Ann. 34-39-110 et seq.

Loan Terms:
Maximum Loan Amount: $300
Loan Term: Max: 31 days
Maximum Finance Rate and Fees: 15%
Finance Charge for 14-day $100 loan: $15
apr for 14-day $100 loan: 390%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: Not Specified
Rollovers Permitted: None
Cooling-off Period:
Repayment Plan:

Collection Limits:
Collection Fees: Lesser of: NSF fee of $10 or actual charge
Criminal Action: Prohibited

Where to Complain, Get Information:
Regulator: South Carolina State Board of Financial Institutions
Address: Consumer Finance Division, P.O. Box 11905 Columbia SC 29211
Phone: (803) 734-2020
Fax: (803) 734-2025
Regulatory Contact: C. Dean Bratton,, Commissioner of Consumer Finance

Webpayday.com
Phone: (800) 814-5451
Fax: (866) 870-0820
Address: 320 West 200 South Ste 350 B
Salt Lake City, UT 84101

Little Loan Shoppe
Phone: (866) 991-2288
Address: 90 West 500 South #2001
Bountiful, UT 84010
Website: littleloanshoppe.com

Discount Advances
Address: 1129 Vassar Dr NE
Albuquerque,NM 87106
Primary Phone: (505) 224-9817
Primary Fax: (866) 645-1662

Ashland Funding is apparently a d/b/a of a "parent" company. I at least got a telephone number of 1-866-722-2770. Now, when I put this telephone number in the BBB site, three "pdl companies" come up. So, Ashland Funding must be a d/b/a of one of them. The three listed are Platinum B, SJM Marketing, and EZ PayDay. Do you have a loan with any of these pdls?

Wow! Cannr you are good! I have one with Ashland Funding. Are any of these licensed at all? The latest from Webpayday is if I don't send a $220 moneygram tomorrow then they will report the account to third party collections and possibly report me to chexsystems and/or seek involuntary ways of getting the money. Can they do this?