IN DIRE NEED OF ADVICE ASAP, CLOSED ACCOUNT.....

OMG!! That's just terrible!! There are people here who are from NY and I am sure they would be most happy to lead you in the right direction. You did the right thing by closing your account, but you really need to send these people an email asap revoking ACH transactions, and revoking any and all wage assignments! Some of the above are notorious for sending wage assignments to your employer, but the law says it can be revoked at any time! After you have sent this letter, give a copy to your employer so they will know it has been revoked. I will post your laws here shortly. Hang in there!

Quote:

Here is a sample letter if you need one, tailor it to your needs.

[quote]Date

Name and address of the PDL

Your name
Address
State
Account #

After doing research on Internet payday loan laws in the State of [insert state], I have found that your Internet payday loans are actually illegal. I have also found the following laws to be true applying to payday loans in the State of [insert state] in general:



INSERT YOUR STATE LAWS


I have currently paid XXXX DOLLARS on my XXXX DOLLARS loan. The legal amount that could have been charged to my loan is the principal amount of XXX DOLLARS even if your internet pay day loan was legal in California. I have paid XXXX DOLLARS on this loan by your debits of my bank account and only owe XXXX DOLLARS to have this paid in full. I am willing to pay the amount of XXX DOLLARS to pay the principle amount of the loan only, as advised by my Department of Financial Institutions and my Attorney General's office. I demand that you mark my account Paid in Full as I have fulfilled in remittance of the principal amount of the loan. I demand that you mark my account Paid in Full as I have fulfilled in remittance of the principal amount of the loan and send me a refund of $XXXX.


I demand that any contact be made through US Postal mail or email only. I will need everything in writing to keep accurate records of all communication as per instruction from my Attorney General's Office.

I prohibit you or your affiliates to contact me via telephone at my place of employment or my home telephone number. I also prohibit you from calling my references listed on my loan.

You are also hereby notified that I am revoking any voluntary wage assignment I may or may not have signed. I no longer authorize you, your company, or your affiliates to attach any part of my wages or contact my employer for your collection purposes.

I am revoking your right to debit my checking account any longer. You, your company, or your affiliates are not authorized to debit my checking account at all. Please be aware that I have informed my financial institution of this situation and they will also be receiving a copy of this correspondence. Any further attempts at debiting my account will be rejected by my financial institution.

I must also inform you that I have filed complaints with the Better Business Bureau, the Federal Trade Commission, and the [insert state] Attorney General's Office.

I expect a response from your company no later than XX DATE, regarding this matter. This response may only come via US Postal mail or email. No telephone contact is permitted.

Please respond by XX DATE, regarding this matter by US Postal mail or by email only.

Your name
CC:
Better Business Bureau
[Your State] Attorney General
Federal Trade Commission[/quote]

I HAVE READ THAT SOME PEOPLE HAVE GOTTEN REFUNDS FROM THE COMPANIES THAT THEY OVERPAID... IS THIS POSSIBLE AND IF SO HOW... WHAT DO I SAY...DO I CALL THEM....

SHOULD I KEEP MY ACCOUNT OPEN AND BLOCK THEM FROM TAKING MONEY AS STATED ABOVE.... OR SHOULD I OPEN A NEW ACCOUNT AND INFORM THE TO DEPOSIT REFUND INTO A SEPERATE ACCOUNT... .I WANTED TO OPEN A SEPERATE ACCOUNT SOLELY TO DEAL WITH THIS.... BUT NOT SURE IF THEY WILL DEPOSIT INTO A NEW ACCOUNT OR IT HAS TO BE THE SAME ONE THEY DEPOSITED IT TO

GRR... WOULD BE IN HEAVEN IF I COULD GET ANYTHING BACK FROM THESE FREAKIN PEOPLE....THEY DONT DESERVE WHAT THEY HAVE BE PAID

Welcome! I am from NY as well and yes, they are illegal. You closed your account. . .that is good. Now you have control over your money. You listed your PLDs, that is a good thing as well. Is this correct?

Impact $400 borrowed paid $240 you owe $160
United $200 borrowed paid $395 overpaid
Paychecktoday $300 borrowed paid $270 you owe $30
ameriloan $300 borrowed paid $180 you owe $120
Speedy Pay Day borrowed $400 paid $240 you owe $160

I realize that you have had previous loans but I don't think that they will have anything to do with your current loans. You certainly could try and argue the point but I am not sure that it would get you anywhere. As Shazz stated, you will need to draft a C and D letter, get to the PDLs, file complaints with the BBB, the FTC, and the NY AG's Office. What happened to the info on Star Advance. I had a loan with them as well and if you need an address to get to their Admin Contact, I have it. Need help, just ask. Keep us posted.

star isnt hitting me hard so i don't mind paying them back..... thats why i didn't mention that information.

i have heard of people recieving refunds from the companies for overpaying. .... my reasoning for not paying the rest of what i owe is because i have overpaid insane amounts.

so in reality if i were to actually get what i should... i don't mind paying the finance fee and i usually calculate what i owe with that included.

as i totaled everything i owe and what have overpaid:
IMPACT (i owe them 28.45)
UNITED (owes me 400)
PAYCHECK (owes me 360)
ameriloan (owes me 255)
SPEEDY (owes me 665)

there has to be a way to get a refund... i have heard it has been done, but not really holding my breathe... would settle for being even with my accounts....

don't get how if it is illegal they can still get payment... because of the internet contract?

can they report to credit agencies??

DOES ANYONE HAVE THE CONTACT INFORMATION OF THESE LOAN COMPANIES BY ANY CHANCE OR DIRECT ME TO WHERE I CAN FIND IT?!

Whether Star is hitting you hard or not, you should try to pay only what you borrowed. They are just collecting fees right now. As for the others, your current loans are just that. I realize that you have already overpaid on previous loans but I wouldn't count on them "applying" that overpayment to your current amounts due. I know it doesn't seem fair but that's the facts. Many on this board have used the PDLs over and over again but finally found the light at the end of the tunnel and decided to break the PDL cycle. I don't know if any have gotten a refund on a previous loan Again, you could certainly argue the point with them, but I am not sure how it will pan out. The loans are illegal but this board always advises repaying what the PDL deposited into your bank account on those illegal loans. The money was deposited, it was used and "morally" repaying that amount would be ideal. As for the credit agencies, I don't have a clue. Perhaps someone else does. So let me understand this. . .are you saying that all the PDLs you had, with the listed amounts, are not exactly what was deposited into your account? ie. . . Impact deposited $280 into your account and not $400?

Flash, The issues with the previous loans has been brought up before and as LLW stated, I am not sure if any have gotten a refund, however, it does not hurt to ask. But I would not count on it happening. IF you get the refunds, you can use it to pay off the current loans or you can ask that due to the significant overpayment, they call it even and give you a PIF. I have seen where members/guests have stated they have done that....now whether it worked or not, I do not know. I understand the frustration of paying so much and still having to pay more. And as LLW said, sometimes it is worth it to pay what is left to end the cycle. It is your decision. The members I know to have received refunds, myself included, were still paying on current loans.

PDL's generally will send you to a CA and the CA will report to the credit reporting agency. You need to watch your credit report in case they try this. If they do (and it has happened to members here) you will need to dipute it with the CRA.

As for your bank account, close it, or block all debits util you can get it closed. This thread has really good information about closing your account.

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

IMPACT CASH LLC
1551 RENAISSANCE TOWNE DR, STE 560
Bountiful, UT 84010
Telephone: (435) 214-4148

United Cash Loans
3531 P St NW
Miami, OK 74355
800-230-9480
OR
PO BOX 111
Miami, OK 74355
Phone 800-230-9480
Fax 800-803-8794
email: compliancedepartment(at)unitedcashloans.com


Paychecktoday
515 G SE
Miami, OK 74354-8224
paychecktoday.com
voice 1-866-756-0600
fax 1-800-671-0131 or 1-866-344-9701

ameriloan
3531 P Street NW
Miami, OK 74355
Phone 800-362-9090

definitely sloe the checking account in questions (open a new one first or if you asre staying with the same back, go in talk to the manager and see if they will help swith you over to a new account

sloe=close the I really need to proof better

I do not have a bank account anymore. To receive money from you I would need to open a checking account?

I am glad that you closed your account but make sure that you send the letters to all of your payday lenders asap.