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Update on my payday hell

Date: Tue, 04/15/2008 - 11:16

Submitted by anonymous
on Tue, 04/15/2008 - 11:16

Posts: 202330 Credits: [Donate]

Total Replies: 9


Ok, I closed my account and will be opening a new account with another bank tomorrow. I spoke to my payroll dept at work and they will have my 4/25 pay in the new acct. by payday so i can actually pay some bills. The account will be marked closed forever within 24 hours. After confirmation that it is closed forever, I am sending out letters to the payday companies informing them I will arrange payments with them according to my proposal which doesnt include the fees. Also, those that i have overpaid and are not licensed are asked to mark my account as Paid in Full. I sent out some emails yesterday asking if any of them can arrange payment plans around what I owe without including the fees. So far, Little Loan Shoppe, Cash Central and Paydayone are willing to work with me. Others are not! When they get their letters, I hope they change their mind because I am going to fight it till the end.

On another note, when I spoke to the PNC rep today, you will be shocked how many people come in there with the same situation. So dont be embarrassed. Everyone makes mistakes. The gentelman was great and went out of his way to make sure I was covered and my account would never open again.

I am sure next week will be tough when the phone calls come in after the payday lenders ACH debits get returned. I will keep you posted.

thank you everyone that helped me... especially SueBeeHoney.


Yay for you Jon, you're on your way now! You're doing a GREAT job! Just hang in there, and when the phone calls start, I would suggest you not argue with them, try to be calm, and tell them what you need, if they make threats and try to anger you, don't let them! Tell them to call back when they're able to discuss the situation like an adult. lol Well, that's what I did. :lol: We are all pulling for you!


lrhall41

Submitted by Shazzers on Tue, 04/15/2008 - 12:44

( Posts: 17344 | Credits: )


Jon, you're very welcome for the help! I'm just glad I had insomnia that night so someone was here to help you out. :wink:

Please continue to update us - I've been watching the forums for your update to be sure everything was going ok. Let us know how it goes and if you need any help. You're not in a great situation right now, but there's definitely light at the end of the tunnel! :-)


lrhall41

Submitted by SUEBEEHONEY70 on Tue, 04/15/2008 - 14:08

( Posts: 4583 | Credits: )


Thanks, volleyballmom!

Jon, when you get a chance, please come back and register as a member. It's free, and allows you the ability to send & receive private messages with the rest of the members & Moderators. Also, as a member, you earn DebtCC points (up to 20 per posting), which are worth $0.01 per point. It may not sound like much, but it can add up over time - and you can cash them out - for cash.


lrhall41

Submitted by SUEBEEHONEY70 on Tue, 04/15/2008 - 16:41

( Posts: 4583 | Credits: )


that is your call,but do what is best for you.
by the way you are doing great.


lrhall41

Submitted by paulmergel on Wed, 04/16/2008 - 06:14

( Posts: 15514 | Credits: )


I am so proud of you! I am going to the bank and see if they will be willing to close my account and start over. 8) :D


lrhall41

Submitted by on Wed, 04/16/2008 - 17:05

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