Froze Account, What Now?

Date: Wed, 04/02/2008 - 12:23

Submitted by anonymous
on Wed, 04/02/2008 - 12:23

Posts: 202330 Credits: [Donate]

Total Replies: 4

I had the bank put my account on "credit only" status last Friday. There were several thing scheduled to go thorough on 3/31 and I have received e-mail contact from 2 of those companies. I am in the process of sending them letters. How do I go about finding addresses and contact info? I am in Oklahoma and the companies are Centurion, SSM, Magnum Z, JD Marketing and my cash now. Through reading this board, I realize I have overpaid all of these by several hundred dollars each. What is my next step?

Oklahoma State Information Legal Status: Legal Citation:

Oklahoma State Information Legal Status: Legal Citation: Okla. Stat. Tit. 59 ???? 3101 et seq. Loan Terms: Maximum Loan Amount: $500 Loan Term: 12-45 days Maximum Finance Rate and Fees: $15 per $100: $0- $300; $10 per $100: $301-$500 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: Two Rollovers Permitted: None (cannot renew; a loan made within 13 days after a previous one was entered into shall be considered a renewal and shall not be made) Cooling-off Period: Second business day after the 5th consecutive loan repaid Repayment Plan: Yes Collection Limits: Collection Fees: $25 NSF fee (if disclosed) unless dishonored due to theft or forgery Criminal Action: Prohibited Where to Complain, Get Information: Regulator: Oklahoma Department of Consumer Credit Address: 4545 North Lincoln Boulevard, Suite 104 Oklahoma City OK 73105 Phone: (405) 521-3653 Fax: (405) 521-6740 Regulatory Contact: Jack Stone,, Deputy Administrato

lrhall41

Submitted by cannr on Wed, 04/02/2008 - 13:25

( Posts: 9317 | Credits: )

mmm, I posted your state pld law so we can all see it. So, your

mmm, I posted your state pld law so we can all see it. So, your bank account is on deposit only - no debits, correct? And you've listed your pdls as:
Centurion, SSM, Magnum Z, JD Marketing and my cash now. Can you do us a favor, please? Can you put how much you have borrowed from each one (principle amount only) and how much you have paid back to each one so far to date? We can help you out with this! :D

lrhall41

Submitted by cannr on Wed, 04/02/2008 - 13:27

( Posts: 9317 | Credits: )

Yes, no debits. I know it worked because 2 of the pdl's already

Yes, no debits. I know it worked because 2 of the pdl's already confirmed they tried to debit and were informed by bank the account is frozen.

Centurion- $300 paid back $720
SSM- $200 paid back $480
Magnum Z- $300 paid back $360
JD Marketing- $300 paid back $360
My cash Now- Borrowed a total of $1500 (in 4 seperate loans) paid back $1640

I also have an installment loan with Think Cash, but I will work out arrangements with them. Just to be safe, I SHOULD NOT give them my new account info, in case they are incahoots with other pdl's?

lrhall41

Submitted by on Wed, 04/02/2008 - 13:39

( Posts: | Credits: )

Correct. Do NOT give your bank account information to anyone. Ma

Correct. Do NOT give your bank account information to anyone. Make some other type of payment to them (money order, pre-paid debit card, money gram, western union). Keep your new account information to yourself. Just tell them you don't have a bank account - period. I'm getting ready to leave work, but I'll be back on later. Thanks for posting your amounts. I can check them out on the licensee database a bit later. :wink:

lrhall41

Submitted by cannr on Wed, 04/02/2008 - 13:47

( Posts: 9317 | Credits: )