PDLs - Should I Fight or Let Someone Else?
Date: Sun, 04/20/2008 - 15:01
The companies I am dealing with are:
1. Paycheck Adv-Short Term Loans - Borrowed $450 - Paid $860
2. (Check Advance) Valued Services of Anozira - Borrowed $400 -Paid $430.
3. Ace Cash Express - Borrowed $500 - Paid $640
4. (Check N Go) Southwestern & Pacific Specialty Finance - Borrowed $500 - Paid $880
5. (Advance America) Cash Advance Centers of Arizona - Borrwowed $500 - Paid $985
6. Pay Day Loan Store of Arizona - Borrowed $400 - Paid $440
All stores are licensed in Arizona.
Also, have you ever heard of a PDL settlement company called PDL Assistance? They are proposing to settle all my accounts for 70% of what I owe but their fee is 30% of my total loans.
Hello tharrison and welcome to the forum. It looks like your fi
Hello tharrison and welcome to the forum. It looks like your first loan [Paycheck Adv] is an installment type of loan, so the payday loan laws would not apply to that one.
(Check N Go) Southwestern & Pacific Specialty Finance - Borrowed $500 - Paid $880
Wow, if that's a payday loan company, looks over paid to me. Though it does state it's a "Specialty" finance, so that makes me wonder. Refer to the loan aggreement.
(Advance America) Cash Advance Centers of Arizona - Borrwowed $500 - Paid $985
Is this an installment loan? If it's a payday loan, it also looks overpaid.
Your state information, this only applies to payday loans. Y
Your state information, this only applies to payday loans.
You will find the Payday loan laws for Arizona here (just select your state),
http://www.debtconsolidationcare.com/paydayloan/explain-pdls-laws.html
The only two I can be certain of are Advance America and Check n
The only two I can be certain of are Advance America and Check n Go. They are both members of the CFSA, and you are entitled to set-up an extended payment plan with them.
Ace Cash Express is a member of FISCA, only I don't know as much about that as I do CFSA. Maybe someone else here does.
What gets me is that her/his state does not allow for more than
What gets me is that her/his state does not allow for more than one Payday loan at a time and this poor soul has 6!. That right there is ground to fight back. Use it that way. Fight this, you and whoever you enlist.
Luke
just curious - are you the same member as "johnybgood" who is po
just curious - are you the same member as "johnybgood" who is posting the exact same information in another thread?
Quote:What gets me is that her/his state does not allow for more
Quote:
What gets me is that her/his state does not allow for more than one Payday loan at a time and this poor soul has 6!. That right there is ground to fight back. Use it that way. Fight this, you and whoever you enlist. |
It seems to be all too uncommon, actually. My state only allows 1 outstanding PDL at a time, and yet at one point I had 6 storefronts out at once. For the past 3 years I had about 4 storefront loans at a time every payday.