The cash spot is the D/B/A of American Consumer Credit?

Hold on someone that is familiar with california laws will be along shortly to advise you.

To me it sounds like a pdl to me if you are offered a rollover. Have you paid anything on this at this time? Did you receive this via the internet?

Thanks Ladybug for the quick reply, I recieved it over the internet, I will pay $100.00 4 times and the 5th time, they will add and addional 10percent, which will go towards the principal. I have already paid them 300.00 in extention fees, and If they are a pdl, then when they take the next $100.00 off I am going to close my bank account and open another one, and like I said I plan on paying my store fronts, which I forgot i have 3 out not 2.

Well someone from california or who is familiar with california laws will be along to further advise you.

If you close your bank account you need to read the thread in regards to closing your checking account that is posted on here that will give you an idea of what transpires.

In response to why your post was moved was probably because in order for you to receive the correct information from other members.

Thanks Ladybug.

I have 5 payday loans out evryttime the take the money out of my account I end up with an over draft. How do I stop these payments and just mail them their payments directly

If you give us the names of the PDLs we can help you more.

I apply for a loan online and i would like to know if i got the loan

Anthony this is a website to help get out of debt. We are not the loan company. You need to contact them.

I have had a bit of financial trouble and started out with one pay day loan and wound up with 4. They make it so easy and enticing. I am in such a hole as I keep paying and paying and now I am at such a loss and I am suffering. I promise that I will never be so ignorant again. One loan started in September, 2008 one in November, 2008. I also submitted to Cash Spot but it turned out to be an another name and I am confused as well as beside myself. For $200 or $300 it is costing me thousands. Is there any relief in site?

Diamondgirl, what are the names of the PDLs and what state do you live in?

I am on the "Do Not Call List" but I just got a call from Stayput Home Assistance wanting me to do a loan modification through them for a deposit of $397.00 to my credit card. When I told them that I just did a search for them and a reverse lookup on their phone number and got nothing. The told me the actual company name was Amercian Consurmer Credit in Newport Beach CA, but this call center was in Fl. They said they were not selling anything, just informing me of government information on what could be done with home mortgages. But it sounded like a sales pitch to be, especially when they want $397 before they even let you talk to a loan counseler, which happens to be a lawyer that can advise me an what I can do.

That does sound like some scam pitch and I doubt the government has anything to do with it.

i took out a 400.00 loan online. it was between paydays. i thought i read all of the fine print. when i read the last sheet of the document it said total repayment 450.00. so i thought o.k at least they are not trying to take customers to the bank. boy was i wrong. turns out they lend the money 25 on every 100 borrowed. i paid 100 1 payday. then they just took out 87.50 out of my account. i called and asked about it she says that no matter what my paydown amount the interest acrues at like double the amount everytime. i told them they are not going to get me caught up in this money trap. i just told them to take what ever the balance is which is still 437.50. the math somehow just does'nt add up. Their name is cash spot or as they say acc/amer consumer credit. Please don't fall for the hype. also as soon as i applied. my yahoo account was bombarded with all of these pdl/credit reduction/fast cash schemes emails. i am soo tired of it all. how do i stop these e mails and advertisements?

of course i had done this before however did not know that all of these companies have 3 and 4 different names. when u give permission for one company to take money out of your account be aware, if you stop payments on one company they have many, many more names to go under. honestly i did this because i was in a tight spot however the biggest mistake that we as humans make is giving people access to our personal information because of desperation!!! however the best thing to do is to close the account and start a new one. and again do not give out personal information, yes they will call you a make threats but honestly there is nothing they can do the are not legal so how are they going to get money from you when they are running a scam themselves!!! i been through that and they are still calling over a year if they could get there money legally it would have been done by now!!!

i think i have an account with you areif do let me know account balace trying to pay off soon

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