Trying to help son with PDL trouble

Hang in there- we'll do the best we can to help you out.

Firstly, I have a question, though. Are you saying he only applied for 1 loan, but 5 different companies are collecting on it? Have 5 debits come out each payday since he took out the loan, or has there only been 1 debit per payday, and it has just been a different name/company each time?

One loan for $200.

On payday, 2-3 debits for varying amounts from a combination of the companies that I listed above.

Hagerzgrl, do you have access to his bank statements. If so, go back through them and check the deposits.

United Cash Loans and Ameriloans also do business as MTE. So I can see where the three are "related" BIG is overseas and not related and I am not sure what GRE is. Could you please check and see if there were any deposits other than United Cash Loans, and could you see if there is anymore information relating to GRE, maybe a phone number or another name.

Here are the Payday loan laws for Iowa(just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html

The pdls have to be licensed in IA to lend in IA. I can tell you that United Cash Loans, ameriloan, MTE and BIG will not be licensed in IA.
Your son needs to close his bank account before they can take anymore money out of it. Please read this about closing your account. It has very good information in it that you should read before going to the bank.

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

Are the ammts listed above next to the companies, what he has paid back to each so far?

Got his bank statements from Jan. on to present.
There were 2 deposits, both made on 1-25. One from UnitedCashLoans for $200 (which he authorized by phone before it was deposited) and the other was from Big Ltd. (which he DID NOT authorized).

He said that a rep from UnitedCashLoans called him before depositing the $200 to confirm and to have him authorized the amount to be deposited and that they would be withdrawing $50/wk for 30days. They never discussed fees or contract provisions with him. This is when he gave all his bank info.

He was never contacted by Big Ltd nor did he authorized a loan from them. NO banking info was ever given to this company. So...how did they get it?
Are they part of MTE also?

The amounts that I listed previously are the amounts that have been withdrawn from his account. As you can see, there has clearly been more taken out than was originally loaned and for much longer than 30days.

both loans are very Illegal. Big is not licensed anywhere in the US. They are located in england.
United Cash is part of MTE. Also very illegal.He needs to close his account asap so they can not withdraw any more money,from him..

Hagerzgrl, Wow...you most certainly need to get him to get that account closed. Especially if there are only two deposits, one of which is not authorized. I will say that I was given a deposit I did not authorize as well. It may be possible he went through one of those web sites which "hooks you up" with the pdl company...they send your info out to several pdls and then they call you back. Please, please, please, get that account closed. I posted a link in one of my posts above to read about closing your account. If you have any difficulties, please let us know and we will help you.