pdl advice please..........
Date: Thu, 10/02/2008 - 17:16
Posted: 02 Oct 2008 21:29 Subject: Help in Florida - Payday Loans
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I live in florida and have the following payday loans that I am just now defaulting on.
MyQuikLoan
borrowed 400.00 have paid 120.00 biweekly since June
L&G (cashcentral)
borrowed 300.00 owe 377.00 have paid 77.00 biweekly for 4 weeks already
BIG
borrowed 200.00 owe 275.00 have paid 75.00
PayCheckToday
borrowed 200.00 owe 260.00 have paid 75.00
Arrowhead
borrowed 300.00 owe 390.00 have paid 0
E payday
borrowed 250.00 owe 375.00 paid 0
PayDayone
borrowed 350.00 owe 450.00 paid 0
I just got overwhelmed and now am worried. I did go and close my account at the bank as I needed my paycheck to live and not be eaten up with all these. I would like to send the revoking letters to them but do not have any address's. Also I wonder if half of them are even legal in Florida as one thing I have found out it that Florida is a no rolloever state if that may mean anything in my good. I would love to hear any advice from you.
I also would like to know if they are licensed.
any help appreciated.
Also if anyone who the ACH processors are for these people.
Thanks
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I live in florida and have the following payday loans that I am just now defaulting on.
MyQuikLoan
borrowed 400.00 have paid 120.00 biweekly since June
L&G (cashcentral)
borrowed 300.00 owe 377.00 have paid 77.00 biweekly for 4 weeks already
BIG
borrowed 200.00 owe 275.00 have paid 75.00
PayCheckToday
borrowed 200.00 owe 260.00 have paid 75.00
Arrowhead
borrowed 300.00 owe 390.00 have paid 0
E payday
borrowed 250.00 owe 375.00 paid 0
PayDayone
borrowed 350.00 owe 450.00 paid 0
I just got overwhelmed and now am worried. I did go and close my account at the bank as I needed my paycheck to live and not be eaten up with all these. I would like to send the revoking letters to them but do not have any address's. Also I wonder if half of them are even legal in Florida as one thing I have found out it that Florida is a no rolloever state if that may mean anything in my good. I would love to hear any advice from you.
I also would like to know if they are licensed.
any help appreciated.
Also if anyone who the ACH processors are for these people.
Thanks
MyQuikLoan Quote:Name: myquikloan.com/dba/all america len
MyQuikLoan
Quote:
Name: myquikloan.com/dba/all america lending co Phone: (866) 410-4298 Address: 4201 Wilson Blvd, #110-243, Arlington, VA 22203 |
E-Payday Loan
Quote:
Name: Global Payday Loan, LLC Phone: (888) 227-4638 ext. 528 Fax: (800) 887-9284 Address: 4001 South 700 East # 500 Salt Lake City, UT 84107 Website: Payday-Loan-Yes.com cashnet500.com e-payday-loan.com |
Payday One
Quote:
Name: PAYDAY ONE Phone: (817) 546-2700 Address: 4150 INTERNATIONAL PLAZA, STE 400, FORT WORTH, TX 76109 |
FL requires that an Internet lender must be licensed in your sta
FL requires that an Internet lender must be licensed in your state.
Quote:
Florida is known to have payday loan companies acting as CSO's (Credit Service Organizations). This means they do not need to be licensed, and are generally 100% legal in what they charge. |
Quote:
Florida State Information Legal Status: Legal Citation: Fl. Stat. Ann. ???? 560.401 et seq.; Rule 69V-560.901-912 Loan Terms: Maximum Loan Amount: $500 Loan Term: 7-31 days Maximum Finance Rate and Fees: 10% + verification fee Finance Charge for 14-day $100 loan: $15 apr for 14-day $100 loan: 390% Debt Limits: Maximum Number of Outstanding Loans at One Time: One Rollovers Permitted: None (cannot rollover) Cooling-off Period: 24 hours Repayment Plan: Yes Collection Limits: Collection Fees: All charges imposed on the lender by any financial institution; lender not entitled to treble damages Criminal Action: Prohibited Where to Complain, Get Information: Regulator: Florida Office of Financial Regulation Address: Division of Securities and Finance, 200 E. Gaines Street Tallahassee FL 32399 Phone: (850) 410-9805 Fax: (850) 410-9748 |
Payday One is usually licensed and operating legally so you will
Payday One is usually licensed and operating legally so you will need to make payment arrangements with them to avoid a lawsuit.
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