pdl help

Please list all of your pdl's (who they are), how much you borrowed, how much you have paid back so far and if storefront or internet.

Have you made contact with any of your pdl's?

Also; someone will be by to post your state laws..and give you more advice...

Good luck.

I have 4 payday loans out and have repaid them many times over, some I've had off and on for about 5 years and we are no longer getting by, do I need to close my acct.???

Christy,

More than likely you will need to close your account out; but first we need some information to determine your next steps...

List the pdl's you have, how much you borrowed and how much you have paid back so far. What state you live in and if your pdl's are internet or storefront..

thanks....

these payday loans were all from the internet
250.00 cashadvancenow
390.00 usfastcash
271.96 paydayavenue
296.55 paydaymax
390 quickestcashadvance
520 upfrontpayday
1230 dr cash
520 speedypayday
200 sjm platinumb
200 paycoadvances
I reside in the state of maryland and am thinking of joining a pdl paydown servce with fidelity reserves.
I did receive a disturbing call from quickest cash advances who turned my account over to a collection company, l.r.a, they said that if i dont pay what i owe to them shortly they will go to court to bring up felony charges on me, what are the laws of maryland over any of this? any help would be greatly appreciated.I got myself into this and dont know how to get out. thanx.

Make sure that you read the post on closing your account due to pdl's that is posted on here. It will answer any questions you might have.

You have come to the right place everyone here has been where you are now and we will be more than happy to assist you :wink:

jczplace1:


Joe started another thread also, I asked that he reply to this one, thats why I quoted what he posted today.

I'm going to post your laws there Joe, I'm sure you're probably aware that pdl's are prohibited there.

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

Would you mind posting how much you have paid these pdls so far, thanks! :)

Quote:

Welcome! One good thing is that they are prohibited in your state. I am in New York and they are prohibited there as well. I think it works in your favor. Listen to Shazz and post what you owe. It is a process of emailing, faxing, and calling but it can be done. One step at a time. One thing that is important though, is to notify the processors once you start the ball rolling. Any questions you have can be answered as you go along. Keep us posted.

Good Evening, I live in NC and payday loans are illegal as well. The collection agency is using a tactic that is illegal. You would need to contact the FTC, BBB, Your state's AG and their state AG's office as well. Hang in there, it is a hard fight but once you get free you will be free indeed.

Don't forget to include the processors in the mix.

Paydaymax has taken to calling my family now looking for me.How can I stop this?I only want them to deal with me and not to bother my family and friends.Dont even know how they got my brothers phone number, I know I did not give it to them. By the way,Thank you for being here,not getting much help from them pdl paydown service I joined.

I would like some direction on how this works and any help you all would give this newbee would be so appreciated. My name is Sherry Lynn and I live in Ohio and my money problems are giving me an ulcer (for real, per doc.). Here it is:

I have a 500 loan with a store front. I would like to ask for the EPP and pay them back a bit at a time. I would like to know more about this or could someone point me in the right direction?

I really appreciate this site! Just found it this evening and feel like it is already helped by just the encourgement you give here! Thanks so much.

sorry i have been away for awhile,but, lighthouse recovery says they have been in contact with my pdl consolidation company and
was told they do not handle secured accounts and are now threatening to go to the district attorneys office to collect whats owed, can they do this in maryland?

Hi all I also have a lot of loans and live in MD Here is the list please help

CashNetUSA=600.00 600 in fees-158 every 2 weeks 758 due 6-20 don't have it
WebPayDay-600.00 300.00 in fees-150 every 2 weeks
iMPACT CASH-600.00 900.00 FEES 150.00 princ-105 every 2 weeks
UnitedCashLoans-450.00 210.00 fees-135 every 2 weeks
speedy payday=450.00 105 every 2 weeks since june 07
prl direct 800.00 1007 due in 2 weeks
paydayUSA=450.00 210.00 fees

I am closing my bank acct tomorrow though I feel not so great about it. I have every intention of paying these loans but I can't do it when they are taking 2400 a month just in fees. can anyone tell me anything about the laws in MD? I have looked and it says prohibited but thats here and not where the companies have the licence I guess? help me please I need to know that closing my acct is the right firstnstep. Thanks and I feel really blessed to have found out as much as I have from you all already.

I'm going to post the Payday loan laws for Maryland here (just select your state), then I will do some checking and get back with you on these loans you have. :)
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

Dawn, I think that closing your account is your best course of action at this time. There are a few pdl's there which are totally unlicensed/illegal. I will get back with you on those pdl's, if someone else has info on this before I get back to this, please by all means jump in here! Please read the information at the link below before closing your account.
http://www.debtconsolidationcare.com/paydayloan/close-account.html

could someone please answer a question I have now , it seems that quickest cash advances has referred my account over to L.r.a (lighthouse recovery ass)and they state that they have been in discussion with my pdl paydown company and were told that they do not accept secured pdls.now, they say that if they dont here from me by 12 noon they will be going to the district attorneys office, any help here would be greatly appreciated.Also, is the a reliable pdl paydown service you could recommend? thanx again, joe

why doesnt anybody answer my questions?did I manage to do something to offend?If so, I apologize.

I am not to sure what you mean by "PDL Paydown" service. Are you refering to a "PDL Settlement" company? :roll: Is Quickest Cash Advance an internet PDL? If so they are a d/b/a of MTE which is HIGHLY ILLEGAL and are full of crap. Which gives them no grounds to collect anything.

If you live in Maryland, you might want to contact the MD Commissioner of Financial Regulation office as listed in this thread. They've been very helpful to me in working w/ the PDL's. Good luck!

I too am with the state of Maryland and had several PDL's. As you have read they are illegal and I talked to someone with Maryland Financial Regulations and letters were sent to all the lenders explaining to them that PDL's are illegal in Maryland and to cease and desist and lending practices in the state. I also worked with Langhorne to pay off only the principal. To date, with their assistance I have paid off all my PDL's and got my life back. Langhorne will work with the lenders to set up installments and they deal with them lenders. The key with Langhorne is "Communication". If you get a settlement offer and cannot pay the whole amount, please let Langhorne know immediately and they work it out with the lender. This keeps them off your back and you can breath again.

What is a secured payday loan? Is it really a title loan?

i signed up with one of those pdl py down services and i feel like i am spending more money than if i had just paid back the loan to the lender. is anyone out there who can help me with my question?

Tell us a little bit more about your situation.
What Loan company's are you dealing with..Internet or storefront? What state are you in? (to check your state laws regarding payday loans) How much have you paid to each one?

I never heard of a secured payday loan. If you was told you have a secured PDL then you have been mislead :? The only secured loan you can possibly have is a title loan, or a secured personal loan, but not a secured PDL. I am not sure of who told you of a secured payday loan :?

Ohhhh Paul :wink:

I got it :twisted:

Kewl Beans :twisted: